A house in Bantry Bay, Cape Town, has just sold for a mind-bending R290 million – making it one of the most expensive residential purchases in the country.
The sale was done through Cape property group Dogon Property, which sold the luxury home to a German couple, who will be using it as a holiday home.
The 2,000 square metre property is on a 5,000 square metre piece of land – which includes the two 1,000 square metre empty plots on either side, which were purchased to ensure the home’s privacy.
It offers seven bedrooms, staff quarters, a swimming pool, and offers 360 degree views of the top of Bantry Bay. As an added bonus, the sale of the house includes two luxury vehicles – a Porsche Cayenne and an Aston Martin DB9.
The house was built and completed in 2014, designed by architects SAOTA.
According to Philip Olmesdahl, director at SAOTA who led the project team on the house, “key to the design, was balancing exposure to the 360 degree views with the need for privacy, and respecting the Table Mountain National Park which forms the southern boundary of the site”.
“As the site borders with the national park, a decision was made to restrict the main building to two storeys. The contours of the steep and visible site were respected in the design, with sensitive massing and minimal excavating,” he said.
The house has won numerous local and international awards including, most recently, the popular vote category in the international 2016 Architizer A+Award for private houses over 500m², as well as the 2016 Lafarge Artevia Decorative Concrete Awards, in the category: House with a view.
The full gallery of the house and its design can be found on the SAOTA web page.
Photo credits: Adam Letch