Seeff Atlantic News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Luxury homes in South Africa are finding favour with foreign tenants again in the wake of the Covid-19 pandemic.

Share The depreciation of the rand, coupled with a decline in property prices, has encouraged bargain hunting from foreign investors (Source: RE/MAX) Cape Town's Atlantic Seaboard has achieved R2.6bn in residential property sales by early December at an average selling price of R6.5m. This is the highest of any area in the country, according to Seeff Properties. Buyers are looking for a value proposition. Although the top end of the property market remains tough, sales along Cape Town's sought-after Atlantic Seaboard have staged a notable bounce-back, accor...

R200 million Clifton home is South Africa’s top property listing Subscribe Seeff Properties recently listed its most expensive home on the market this summer. The luxury villa is located high up in Clifton in Nettleton Road, the most expensive street in the country with an average selling price of R150 million to R200 million, said Jo Lombard, luxury market specialist with Seeff Atlantic Seaboard. The home is built on a 1,481 sqm plot, one of the widest plots in the road and was designed by Peerutin Architects. It features six en-suite bedrooms, open-plan living and dining areas, a media ro...