In February, an independent real estate group said the residential property market on the Cape’s world-renowned Atlantic Seaboard has experienced a particularly buoyant start to the summer season, driven primarily by increased demand for luxury property and characterised by stock shortages.

Basil Moraitis, regional head in the Western Cape for Pam Golding Properties, said at the time that the fact that their trading in December (2024) was busy throughout the entire month was a positive indicator and underlines the ongoing demand for Cape Town’s sought-after Atlantic Seaboard-notably for prime luxury properties.

Furthermore, they said January (2025) was much busier than December, with February also promising robust sales. Currently, we have a waiting list of qualified buyers, both local and international, all seeking to acquire their own place in the sun on this highly desirable coastline.

Among notable sales in January by Pam Golding Properties are homes in Clifton-sold for R47 million to a local buyer and R46.5 million to an international buyer from Germany, and a home in Camps Bay purchased by a UK buyer for R55 million.

Currently, Pam Golding Properties is marketing a five-bedroom (all en-suite) multi-storey, residence which was designed by award-winning architect, Stefan Antoni, and which is also situated in Nettleton Road, priced at R160 million including VAT with no transfer duty payable.

With 180-degree views across Clifton and the ocean, this world-class architectural masterpiece is said to have unique, oversized, open-plan entertainment areas carefully integrated into the natural environment.

With specifications of international standards, the villa is spread over five levels, each accessible by a private glass elevator.

It includes a bespoke Italian Assirelli designer kitchen, level garden with outdoor lounge and dining areas, exceptional views from the spacious entertainment terrace complete with a 16-metre heated infinity pool, four reception rooms, home office, media room, gym, laundry, steam room, three additional guest cloakrooms, staff apartment with two bedrooms, kitchen and bathroom plus a security suite at the entrance-on ground level. There is 24-hour security, four garages and four off-street parking bays.

capeatlanticseaboard

Luxury real estate: adjacent 2,700sqm vacant erven in Clifton fetch R170 million