South Africa’s most sought-after city
Seven of South Africa’s 10 most expensive suburbs are located in Cape Town, which now holds the unofficial title of South Africa’s most sought-after city. Top of the list is Clifton, where R35million sea-facing villas have been demolished to make way for a R100 million mansion. Llandudno is in third place, where the average price for a property is R8,5million. The Cape Town Waterfront recently saw a penthouse apartment sold for R100 million.
Engel & Völkers says:
Cape Town is the continent’s premier property market, and Engel & Völkers makes the most of its international networks to promote the properties its real estate professionals manage. While we have extensive networks in Cape Town, we continue to look for partners in areas like Clifton, Llandudno and other exclusive locations.
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