High-end luxury homes are being snapped up again in these areas by Joburg and international buyers

Top-end sales of luxury homes on the Cape’s sought-after Atlantic Seaboard are flying high, with Pam Golding Properties reporting more unit sales over R20 million on this prestigious coastline in recent months than the whole of last year (2021).

Dr Andrew Golding, chief executive of the Pam Golding Property group, said: “Despite the traditionally slower winter market we are achieving some of our best-selling months on this prime coastal stretch of real estate.”

Basil Moraitis, regional head for the company in the Western Cape said it is well documented that the luxury market on the Atlantic Seaboard peaked in the summer of 2017, with the years that followed seeing consolidation in…

Read Full Article at businesstech.co.za

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November 29, 2023
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