“There is a new luxury resort just a short stroll along the beach where one can enjoy an evening out for dinner or drinks if cabin fever sets in or those in need of retail therapy can take a day trip into Pemba where there are markets, shops, patisseries, cafes and restaurants," says Geffen.
“Praia Das Rochas is also only 26km from Pemba Airport, which lies just outside the town and there are direct flights from Johannesburg daily as well as from Kenya and Tanzania.”
"remote and impossibly beautiful diving mecca"
Pemba traditionally only known as a "remote and impossibly beautiful diving mecca" is now touted as one of the top African boom towns since a gas resource was found 65km off the Pemba coastline in the Rovuma Basin in 2012, comprising 40% of worldwide gas discoveries that year.
According to Geffen, although the town is now an important centre for northern Mozambique’s offshore natural gas fields, there is still a critical lack of accommodation for all the specialist staff who visit and work in the basin.
“Before 2012, the hotels and resorts in the region were struggling to stay afloat, but since the discovery of the gas reserves they have been almost constantly booked out by international professionals working in the gas fields and there has been a critical shortage of accommodation,” explains Geffen.
How will you benefit from it?
Reportedly, although Praia Das Rochas is a distance down the coastline and will remain unaffected by the growing offshore gas industry in the region, it is perfectly positioned to benefit from the ripple effect of Pemba’s strengthening position in the global spotlight.
According to Geffen, South Africans have for many years been drawn by Mozambique’s endless stretches of unspoilt subtropical beaches, coral reefs teeming with marine life and some of the best diving and fishing in the world. But in the past decade, it has increasingly become an international destination that has seen luxury adventure tourism grow rapidly with a proliferation of five-star lodges along the southern coastline.
However, the northern stretch is still very much uncharted territory and Praia Das Rochas the perfect opportunity to join the growing number of South African investors in Mozambique, which include some of the biggest names in property and development, according to Geffen
SEE: Mozambique: Budget-friendly escapes for South Africans
“South Africans are restricted in terms of the flow of their funds out of the country, with the current out-bound allowance being a maximum of R4 million per person per year, but the SADC property allowance that came into effect in 2010 has made an investment in our neighbouring countries very appealing.
“The co-operative legislation allows individuals to invest in property in SADC member states in excess of this limit without impacting on the designation or extent of their offshore allowance and this has had a significant influence on development in countries like Mozambique in recent years,” says Geffen.
Geffen also notes that there are very few places on earth where scattered rock formations become gateways to slivers of paradise by allowing you to swim through small caves at high tide to access secluded little beaches, where an extensive variety of soft and hard coral attracts a legion of species including the rare 1 000kg oceanic sunfish, dolphins, whales and turtles.
“This part of the world is unlike any other; it’s unique in its wild beauty, idyllic setting and rich variety of marine life and at only $2.5 million (about R34m), Praia Das Rochas is also the opportunity of a lifetime to develop a five-star, high-value business,” concludes Geffen.
What to read next on Traveller24:
- Teen black consciousness activist Zulaikha Patel puts SA on the NY street art map
- Cyber-attacks: SA one of the top 10 most targeted countries
- Swellendam named SA's top eco-friendly destination: Here's why