Built in bar, inviting fireplace provide cosy sanctuaries for intimate gatherings and entertaining friends. Please check your email to activate your MyProperty24 account. For the best browsing experience, update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox. There are approximately 2 200 South African homes valued at R20 million or more (as of December 2018). It is also a popular retirement hotspot for wealthy people from Johannesburg and Pretoria. Notably, for properties valued at R10 million and above, transfer duty exceeds R933 000 (which is very high compared to international norms). As reflected, the “Big 5 Atlantic Seaboard suburbs of Cape Town” (Camps Bay, Clifton, Bantry Bay, Fresnaye and Llandudno) account for most of Cape Town’s R20 million homes. Apartment / Flat for sale in Burgundy Estate, Apartment / Flat for sale in Bedford Gardens, Vacant Land / Plot for sale in Jacobsbaai. It is also home to several notable luxury residential estates including Pezula, Simola and Thesen Islands. Tel. They include: Umhlanga has been the top-performing residential market in SA over the past 10 years. Find bloemfontein properties for sale at the best price Built-in braai's, air-conditioning and under floor heating. Notably, square meter prices in the Pearls in Umhlanga are now reaching similar levels to top apartments in Bantry Bay and Clifton in Cape Town. For the report video and full report, see link. Personal gym, home theater, study, heated pool, manicured garden and maximize breathtaking views from Jacuzzi and swimming pool and undercover patio. For our purposes, Ballito includes Salt Rock, Shaka’s Rock and Sheffield Beach. Mobile version © 2009-2020 Expatistan.com, These prices were last updated on October 08, 2020. Just one off-ramp away from Sandton’s CBD lies Greenstone – a newly developed suburb just beginning to make waves in investment circles. Have a few million to spare, just lying around and don't know what to do with it? Bloemfontein is also a big tourist attraction city as it is so rich with South African history. Increased utility bills (rates, electricity and water), which have increased by more than three times over the 10-year period. The apartments on Lagoon Drive in Umhlanga are some of the most expensive in the country. Knysna on the Garden Route is one of the top retirement destinations for wealthy South Africans. Open plan kitchen with pantry and scullery, 4 automated garages with direct access into the home. Excellent security. INR Top hotspots for R20 million homes in SA: The number of R20 million homes in a town or suburb can also be a good indication of its exclusivity. If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled. (5 miles), Cold medicine for 6 days (tylenol, frenadol, coldrex, or equivalent brands), Short visit to private doctor (15 minutes), Standard men's haircut in expat area of the city, Basic dinner out for two in neighborhood pub, 2 tickets to the theater (best available seats), Dinner for two at an italian restaurant in the expat area including appetisers, main course, wine and dessert, 1 beer in neighbourhood pub (500ml or 1pt. Full version Bank and SARS approval often takes a long time (up to 6 months). Paarl’s Val de Vie | For high-end buyers looking for so much more than a designer home, R13.8bn in property investments underpin Cape Town CBD's road to recovery, The rise of Greenstone | For those who want to be 'close to Sandton, without the price tag', Top 10 most exclusive streets and wealthiest suburbs in South Africa. of prepaid mobile tariff (no discounts or plans), 1 month of gym membership in business district, Basic lunchtime menu (including a drink) in the business district in, Monthly rent - 85 m2 furnished accommodation in expensive area in. Luxury apartments - some of the top-performing luxury apartment complexes in SA over the past 10 years include: the Pearls in Umhlanga and De Meermin in Plettenberg Bay.