Pearl Valley Hotel
From R 1 500 000 to R 2 700 000
68 Unit Types Available
Pearl Valley is well- established 5 star residential and leisure resort midway between Franschhoek and Paarl, roughly 25 minutes drive from Stellenbosch and 50 minutes from Cape Town. It boasts the Number 5 rated golf course of SA and has international recognition for this Jack Nicklaus course. The estate offers a variety of different property propositions depending on one’s needs and lifestyle.
These include lodges and homes. The estate is well managed and financially secure. A resort hotel has always been part of the master plan for Pearl Valley and the opportunity to develop this has now been granted to the MANTIS GROUP.
Mantis is a family run collection of award winning, privately owned, five star properties located around the World. Divided into five distinct groups, its specialist areas include Boutique Hotels, Game Reserves, Eco Lodges, Ski Lodges and Chalets and Yachts. All of the properties represent the finest example of its kind and celebrate the culture, gastronomy, architecture and nature of the locations in which they are found to offer guests a truly authentic experience.
Officially founded by Adrian Gardiner in 2000, Mantis is committed to the spirit of conservation and restoration, and each property is sensitive to its surroundings in respect of the building, environment and local community (www.mantiscollection.com). The group have developed numerous internationally acclaimed hospitality projects over years and have an international footprint.
Phase 1 Hotel construction will commence in January 2015 with expected first occupation in March 2017. Phase 1 and 2 of the hotel consists of 80 bedrooms, designed in either one –or two bedroom permutations. One Bedroom studio’s are 45m² internal with a 20 m² balcony and Two Bedroom suites are 80m² internal with 35m² balconies. These are built in 10 clusters surrounding a breakfast and pool area, adjacent to a new conference/banqueting facility. Part of the development includes a comprehensive upgrade of the existing Pearl Valley Clubhouse, restaurant facilities and Spa which will become the hospitality core of the Hotel.
The Hotel Studios are available to individual investors and the investment is structured around 4 basic principles.
Full ownership is acquired as it is a sectional title development. At R 1 500 000 it is the most affordable investment in Pearl Valley. Owners can sell any time, without any restrictions and benefiting from capital appreciation. There are limited apartments available at this price.
Owning a unit allows the owner unlimited use. Owners participate in the Rental Pool which is operated as a hotel with owners sharing in the profits. The studio is furnished to 5 start hotel standards and owners are allocated 30 days per annum free use on a bed and breakfast basis. Owners can elect to use any period thereafter at a cost of 50% plus VAT of the market rental rate.
Owners in the rental pool enjoy a range of benefits.
All operating costs are paid by the rental pool and there are no monthly levies or service charges. (Rates to local council will be billed directly to the owner).
Owners share in the accommodation profit.
Owners enjoy 30 nights’ free usage on a bed and breakfast basis.
The offer includes a Hotel Golf Membership, allowing Owners and their guests full membership when in residence and use of the golf course at resident rates. (Minimal subsidised annual subscriptions starting at R 5000 are paid by the owner). Owners are eligible to join the MANTIS COLLECTION loyalty program at no costs and benefiting from 10% discounts at all Mantis Properties.