South Africa has no shortage of expensive homes for sale for multi-millionaires, but there are a select few which are even more exclusive, priced over R100 million – and they’re all in Cape Town.
According to estate group, HomeBid, in 2015 home sales and transfers in the R10 million-plus saw the biggest increase than all other house markets during the year, though understandably off a lower base.
In 2015, 2,642 sales and transfers took place, up 2% from 2014 – including a home in Clifton which sold for R111 million, and the Enigma Mansion, which sold for R100 million.
Cape Town’s Atlantic seaboard is a popular spot for wealthy individuals, and so it comes as no surprise that you can find some of the most expensive homes in the country there.
According to property group, Seeff, about R1 billion worth of R20 million-plus trophy home sales were sold across Cape Town in 2015, most in suburbs such as Clifton, Camps Bay, Bantry Bay and Fresnaye.
According to data from Pam Golding, as many as 40% of home buyers on the Cape Town Atlantic seaboard are from Gauteng.
Here are a few of the most expensive homes that have been up for sale in the Mother City.
Casablanca – Cape Town – R545 million
Originally listed at R450 million, the weak exchange rate has pushed the Casablanca mansion’s price up to R545 million – maintaining its title of South Africa’s most expensive home for sale.
The 3,100 square metre house is listed for $35 million, and features 8 bedrooms, 13 full bathrooms and parking for 14 cars. The house is so expensive that its price tag could buy all 33 houses that were sold in Camps bay in the first half of the year.
While Casablanca is by far the most expensive house listed for sale in the country, whether or not it will fetch its asking price is a different story. The Enigma Mansion, which was South Africa’s previous record holder for highest asking price at R300 million, was eventually sold for “only” R100 million.
Fresnaye – Cape Town – R200 million
If you happen to have R200 million to spare, there is a four bedroom home for sale in Fresnaye, Cape Town.
The house also has five bathrooms (four en suite), six reception rooms, four garages and a rim flow pool – as well as a”lower entertainment level” which sports a home theatre, restaurant, bar and steam room.
Clifton – Cape Town – R150 million
This new property came onto the market in Cape Town in 2016, with an asking price of R150 million.
The house is located on a 1,627 m² property in Clifton on the Atlantic Seaboard, on Nettleton Road – the most expensive street in the country. It features 6 bedrooms, 8 bathrooms and 6 garages – clearly built for owners who expect to entertain.
Additional features include 24 hour security presence as well as access via a private drive way. There’s a touch screen alarm system, CCTV system and Wi-Fi throughout the home.
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