Capri Village launches Phase 3 of luxury KZN retirement living
Property developer Devmco Group has announced the launch of the third phase of its Capri Village development, in KwaZulu-Natal, which the company says is known for providing a “premier lifestyle” for people aged 50 and over.
With thoughtfully designed, step-free homes featuring energy-efficient layouts and premium finishes, the company says each phase has set new standards in retirement living.
Residents have access to amenities, including a clubhouse, indoor pool, bowling green, bocce court, and library, all within the pet-friendly estate.
“Capri Village’s focus is on comfort, care and community, with this offering being set within a luxurious multi-generational estate.
“The continued growth and demand by the market for this type of product reflects Devmco’s ability to listen to residents’ needs and provide solutions that prioritise safety, accessibility, and opportunities for social engagement that have set a new benchmark in retirement living,” says Devmco Group MD Schalk Theunissen.
Devmco cites data from research group Lightstone that indicates that about one-third of South Africa’s 5.45-million residential properties are owned by individuals aged 60 and above, and many of these homeowners have purchased properties after turning 60.
The company notes that South Africa’s growing population of people aged 50 and over, coupled with a rising demand for luxury senior living, is reshaping the property market.
“Retirees today seek more than just a home, they want a lifestyle that blends wellness, leisure, social connections, and premium amenities. Innovative communities like Capri Village are leading the way, providing tailored environments that focus on health and well-being and fostering a sense of community,” says Devmco Realty sales and marketing director Pamela Naidu.
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