The Western Cape town of Paarl is steadily becoming one of South Africa’s leading centres of affluence as it continues to attract high net-worth property investors from around the world to its luxury lifestyle estates surrounded by spectacular mountain vistas, prestigious schools and exclusive retail and entertainment venues.

Paarl, the third oldest settlement in South Africa, was founded in 1687, and still boasts beautiful historical buildings only rivaled by the breathtaking natural surroundings.

Lightstone data shows that Gauteng has enjoyed tremendous growth in sales activity over the last year with record transaction volumes and over R137 billion in value. The market has been largely value-driven with only about 17% of all transactions falling above R1.5 million.