According to the Global Wellness Institute, health is the new wealth, with wellness features and healthy design now considered key components in luxury properties.
Wellness amenities in luxury properties have expanded beyond traditional gyms, spas, and swimming pools to include a wide variety of design features that encourage contact with nature, mindfulness, sleep, and other aspects of mental and social wellness.
The Institute predicts that many of these features will increasingly be found in mid-market and more affordable properties, including purpose-built rental communities of single and multi-family homes.
According to the Global Wellness Institute’s report, ‘Wellness Real Estate: Market Growth (2019-2023) & Future Developments’, wellness real estate has been the fastest-growing market in the wellness economy sector over the last six years, surging from $225.2 billion in 2019 to $438.2 billion in 2023.
Says Dr Andrew Golding, chief executive of the Pam Golding Property group: “The trend towards connecting with our natural environment, among other contributory factors towards wellness from both a mental and physical perspective, continues to gather traction."
He said that the GWI report places the 18.1% annual growth rate for wellness real estate during this period into perspective, as the annual growth rate for overall global construction was only 5.1% during the same time frame.
Furthermore, the GWI forecast that the wellness real estate market will grow by 15.8% annually from 2023 to 2028, when it is anticipated to approach the trillion-dollar mark – with $912.6 billion forecasted for 2028.”
Many elements of the green/sustainable building movement, design-driven movements, the food movement, New Urbanism, intentional communities and others, are already being adapted, mixed and incorporated in innovative ways into new and upcoming wellness-focused residential projects and communities.
Just minutes from Hermanus and in prime, elevated position amidst natural fynbos and terrain in exclusive Leopard Rock Mountain Estate, is a property that prioritises and epitomises wellness in terms of mindfulness, tranquillity, and surrounding natural beauty.
Nestled on the Onrus mountains, this private, gated estate comprises only 30 large and private erven.
Completed at the end of 2020, the contemporary three-bedroom, three-bathroom home designed by Gass Architecture Studio, takes on the aesthetic of Japanese-inspired elegance, with a hallmark feature being an authentic Kyudojo studio.
Applying basic principles of Japanese architecture, the architects designed the dojo in such a way as to create a visual floating effect melding into the natural fynbos landscape and creating a calm, harmonious and almost spiritual experience.
Annien Borg, Pam Golding Properties area manager in the Boland and Overberg region, is the exclusive marketers of the property, which is priced at R25.995 million: “The serene setting of the dojo with soft light filtering through and spectacular views could be used as a yoga studio or recreational room.
“The current owner, who is the Secretary of the All South African Kyudo Federation, has gone to meticulous lengths to create a Zen-like retreat with special features, such as the rooftop terrace with a KolKol hot tub."
Set on an erf of 1 667sqm, this minimalist, contemporary residence offers an exclusive and elevated lifestyle. Set over two levels, a broad driveway bordered by lush indigenous vegetation and a Zen garden invites visitors to the entrance of the home.
Adjacent to the entrance, the third bedroom has been converted into a state-of-the-art home theatre, calibrated for optimal sound effects.
A guest suite with its own separate entrance is on the ground floor, while at the heart of the residence is an open-plan kitchen finished to the highest standards with Gaggenau appliances and Hansgrohe fittings.
Other features include expansive views of Walker Bay and the ocean from the main living areas, and Oggie Oak French floors which infuse the interior with warmth and character, extending to the covered patio.
A saltwater swimming pool completes the experience, offering a rejuvenating retreat against the backdrop of mountainous terrain.
Geared for sustainable living, the home has 14 solar panels and a Tesla smart system that can be controlled via a phone app from anywhere in the world, enabling you to manage the electricity supply.
Comments