5 most expensive homes for sale in Cape Town

 ·6 Mar 2016

South Africa has no shortage of luxury homes for sale for multi-millionaires, but there are a select few which are even more exclusive, priced over R100 million – and they’re all in Cape Town.

According to estate group, HomeBid, in 2015 home sales and transfers in the R10 million-plus saw the biggest increase than all other house markets during the year, though understandably off a lower base.

In 2015, 2,642 sales and transfers took place, up 2% from 2014 – including a home in Clifton which sold for R111 million, and the Enigma Mansion, which sold for R100 million.

Cape Town’s Atlantic seaboard is a popular spot for wealthy individuals, and so it comes as no surprise that you can find some of the most expensive homes in the country there.

According to property group, Seeff, about R1 billion worth of R20 million-plus trophy home sales were sold across Cape Town in 2015, most in suburbs such as Clifton, Camps Bay, Bantry Bay and Fresnaye.

According to data from Pam Golding, as many as 40% of home buyers on the Cape Town Atlantic seaboard are from Gauteng.

Here are the five most expensive homes currently up for sale in the Mother City.

Casablanca – Cape Town – R545 million


Originally listed at R450 million, the weak exchange rate has pushed the Casablanca mansion’s price up to R545 million – maintaining its title of South Africa’s most expensive home for sale.

The 3,100 square metre house is listed for $35 million, and features 8 bedrooms, 13 full bathrooms and parking for 14 cars. The house is so expensive that its price tag could buy all 33 houses that were sold in Camps bay in the first half of the year.

While Casablanca is by far the most expensive house listed for sale in the country, whether or not it will fetch its asking price is a different story. The Enigma Mansion, which was South Africa’s previous record holder for highest asking price at R300 million, was eventually sold for “only” R100 million.

Fresnaye – Cape Town – R200 million

R200 million house

If you happen to have R200 million to spare, there is a four bedroom home for sale in Fresnaye, Cape Town.

The house also has five bathrooms (four en suite), six reception rooms, four garages and a rim flow pool – as well as a”lower entertainment level” which sports a home theatre, restaurant, bar and steam room.

Clifton – Cape Town – R150 million

Nettleton house 00

This new property came onto the market in Cape Town in 2016, with an asking price of R150 million.

The house is located on a 1,627 m² property in Clifton on the Atlantic Seaboard, on Nettleton Road – the most expensive street in the country. It features 6 bedrooms, 8 bathrooms and 6 garages – clearly built for owners who expect to entertain.

Additional features include 24 hour security presence as well as access via a private drive way. There’s a touch screen alarm system, CCTV system and Wi-Fi throughout the home.

Constantia – Cape Town – R115 million

Constantia house

This 1,850 square metre home features 4 bedrooms, 5 bathrooms, an indoor pool, and loads of space – and is listed for a sale price of R115 million.

The home is designed for entertainment, with indoor and outdoor living and “copious” accommodation for guests.

Constantia is one of Cape Town’s oldest suburbs, famed for its wine and magnificent views, and is host to over 80 luxury homes, according to New World Wealth.

Fresnaye – R110 million

Fresnaye home 110 million

This 811 square metre property in Fresnaye offers 5 bedrooms, 6 bathrooms and 4 reception rooms and is set against a nature reserve – with views of the ocean towards Robben Island and beyond.

The living rooms are all open-plan and flow onto a pool deck with an infinity pool. The house also has a gymnasium, playroom and a media room, with an elevator accessing all floors.

More on luxury homes

Inside 5 luxury homes that cost R120,000 per month to rent

Inside SA billionaire’s R184 million home in Australia

Inside the Clifton home that just sold for R111 million

Show comments
Subscribe to our daily newsletter