This villa in Camps Bay is being rented out for R105,000 per month

Lew Geffen Sotheby’s International Realty says it has closed on 12-month rental deal for a contemporary four-bedroom villa in one of Cape Town’s most sought-after areas, Camps Bay.

Priced at R105,000 per month, this luxurious property is perfect for those looking for an extraordinary living experience with stunning panoramic views of the ocean and mountains, the group said.

The modern villa spans three levels, showcasing the epitome of style and comfort. The downstairs area features three spacious bedrooms, all with en-suite bathrooms. There’s also a separate laundry room and a cozy TV room/lounge with direct access to a private outdoor space.

The master bedroom, also en-suite, includes a walk-in closet and a generous balcony that offers ocean views.

On the upper level, residents will find an expansive living area that flows seamlessly from the open-plan kitchen, scullery, dining, and lounge areas. The lounge area includes a fireplace and opens onto a large terrace that features outdoor furniture and a sparkling pool, ideal for both relaxation and entertaining.

The modern kitchen is equipped with high-end appliances, including an integrated double fridge and freezer.

An additional bedroom, which can be converted into a study or office, offers access to a separate bathroom for guests’ convenience. The villa also boasts air conditioning in every bedroom and living area, a high-end security system, custom shutters, and a lift for added convenience.

For added convenience, the property includes a double garage with direct access to the villa, as well as two additional parking bays.

International buyers are flocking to South Africa’s best retirement spots

Real estate agents in the Western Cape and KwaZulu-Natal, particularly in high-demand areas like the Atlantic Seaboard and Umhlanga, are seeing an increase in viewing requests from international buyers.

These buyers are often referred by friends, family, or return visits, with many considering relocating to South Africa after the festive season.

An Austrian family recently purchased a R72-million holiday home in Silverhurst Estate, Constantia, Western Cape, after just one visit and a quick decision within 48 hours.

Meanwhile, a British retiree from the London Home Counties chose to invest in property in South Africa to enjoy year-round golf.

Rory Maritz, Co-Principal at Lew Geffen Sotheby’s International Realty in Cape Town’s Southern Suburbs and False Bay, said these sales highlight South Africa’s growing appeal to international buyers.

He pointed to a French couple from Paris, who are purchasing a home in Cape Town sight unseen, offering more than the asking price, as another example of this trend.

Maritz noted that some buyers are looking for investment properties, while the majority seek holiday homes or permanent retirement residences.

Keri Culver, Senior Immigration Consultant at Xpatweb, noted a rising interest in South Africa’s Retired Person’s Visa – one of the most accessible visas of its kind globally – particularly among Europeans, British, Americans, and Canadians.

Recent data from the Department of Home Affairs (DHA) reveals that over the past four years, more than 5,000 applications have been received from individuals in more than 100 countries looking to retire in South Africa.

The most significant numbers of applications come from the UK, China, Germany, and the USA, with notable interest also coming from Switzerland, the Netherlands, and Sweden.

Dr. Andrew Golding, CEO of Pam Golding Properties, shared that since 2023, they have seen a rise in interest and completed sales to international buyers from a variety of countries, including the UK, Germany, Zimbabwe, the USA, Switzerland, Austria, UAE, France, Belgium, Nigeria, and other African nations.

The most sought-after locations for foreign buyers include Cape Town, the Boland and Overberg regions (such as Franschhoek, Stellenbosch, and Hermanus), the Garden Route (including Plettenberg Bay, Knysna, and George), and areas north of Durban, like Ballito. Gauteng’s upscale neighborhoods, including Fourways, Rosebank, and Sandton, are also attracting attention.

According to Rory Maritz of Lew Geffen Sotheby’s International Realty, there is growing demand from high-net-worth and ultra-high-net-worth individuals, particularly from the UK and Europe, for properties in the R20-million-plus price range.

The agency is also fielding inquiries from buyers in the US, as well as from more distant regions like Bermuda and the Cayman Islands.