Surge in high-end sales and rentals on Cape Atlantic Seaboard
12 Jan 2023
Still basking in the glow of a bumper festive holiday season, with some domestic tourists still in evidence, and the Mother City set to host an influx of international tourists during the forthcoming months from January to April/May, the demand for residential property in Cape Town continues unabated, says Basil Moraitis, regional manager for Pam Golding Properties in the Western Cape.
Here are the richest areas in South Africa and prime property trends for luxury homes
01 Nov 2022
According to data from New World Wealth there are approximately 3 600 homes in South Africa that are valued at over R18 million (as of June 2022). By this measure, South Africa ranks as the 25th largest prime residential property market in the world, well ahead of the other countries in Africa and in line with big emerging markets such as India and Brazil.
Robust sales in the high-end residential property market
20 Jul 2022
Top-end sales of luxury homes on the Cape’s sought-after Atlantic Seaboard are flying high, with Pam Golding Properties reporting more unit sales of over R20 million on this prestigious coastline in recent months than the whole of last year (2021).