Welcome to Belong : the Luxury Edition, a select portfolio of extraordinary homes currently for sale from throughout South Africa.
The South African residential property market is exhibiting resilience in the face of a sluggish and uncertain domestic and global growth environment. This strength is attributable to the continued vibrancy of South Africa’s major metro areas but also a growing preference for property as an asset class at a time of extreme financial market volatility.
While upmarket suburbs like Melrose and Sandton in Gauteng and uMhlanga in KwaZulu-Natal continue to enjoy brisk levels of activity amidst still healthy buyer demand, it is the continued migration of South Africans to the City of Cape Town and surrounds, that makes the Western Cape’s housing market the dominant trend in 2016.
Lifestyle living in the Cape Winelands is also proving popular with discerning South African buyers – with the number of millionaires living in Paarl, Stellenbosch and Franschhoek soaring by an unprecedented 38% between 2007 and 2015, according to New World Wealth.
It’s not surprising then, that six of the eight super luxury homes (valued at over R25 million) sold by Pam Golding Properties during the past three months were in the Western Cape – including a R39.7 million home in Fresnaye.
Enjoy browsing this extraordinary portfolio.
Enjoy browsing this spectacular portfolio.