What a R40 million smart home looks like in South Africa

 ·6 Jul 2024

A smart home in Constantia, Cape Town, is selling for R42,750,000.

According to DG Properties, the smart home includes a Tesla power wall, solar panels, a borehole with a water filtration system, central heating, and air conditioning—all controlled by the Control 4 home automated system.

The security system has touch screens that are connected to cameras throughout the property.

The living area has a guest pamper room and a guest bedroom with an en-suite.

On the lower level, there is also a wine room, a separate study, and a kids’ TV lounge or playroom (with its own bathroom).

The open-plan living room and dining room have a pebble fireplace, wooden floors and a feature chandelier.

The kitchen has a homework station, double ovens, gas stovetops, an incinerator for waste disposal, and instant hot and cold taps.

A separate scullery/laundry and mudroom are behind the kitchen.

The sunroom has stackable glass doors and motorised shutters, gas and wood braai, a bar fridge, an ice machine and a projector screen,

The outdoor entrainment area comes with a pizza oven, while the heated pool features in-floor cleaning and ozone water purification.

All four bedrooms have en-suite bathrooms, and two have study areas.

On top of an en-suite bathroom, the master suite has a walk-in dressing area and a private deck with a jacuzzi.

A pyjama lounge is also on the upper level and features a kitchenette.

The grounds feature staff accommodation, a storeroom, two garages with lofts for the gym, and a simulator area that can be used as a home office or private gym.

The property has a 2-bedroom cottage with a kitchen, lounge, guest pamper room and a covered carport.

The garden features a climbing wall, trampoline and a slide that goes into the heated pool.

Cape Town’s luxury boom

The luxury property market in Cape Town is booming.

Alexa Horne, MD of DG Properties, said that they experienced a particularly active and exciting first quarter of 2024.

The momentum started building in late 2023, with a notable uptick in buyer interest and activity.

Bishopscourt and Upper Constantia saw significant sales at the end of the first quarter.

“There is a strong appetite for luxury property in Cape Town from international buyers keen on exploring the Mother City’s investment opportunities,” said Horne.

She added that the favourable currency and the lifestyle on offer continue to attract international buyers from the UAE, UK, Europe, and other African countries.

The Western Cape and Cape Town are also seeing strong semigration demand, while rich local buyers (those pursuing properties exceeding R20 million and even R30 million) are showing trust in the market.

Rentals have also seen an uptick in the Mother City.

“Factors such as the higher interest rates and semigration continue to significantly increase demand for rental properties in Cape Town,” advises Horne, who says that they are now experiencing rental stock shortages in many areas.

“In particular, the City Bowl, Atlantic Seaboard and Southern Suburbs have become highly sought-after areas, resulting in fierce competition for rental properties and significant rental stock shortages. We are also witnessing very healthy rental escalations across the board.”

“Luxury properties in areas such as Upper Constantia, Bishopscourt and sought-after Atlantic Seaboard properties can now command well over R100,000 per month.”

Images of the smart home in Constantia can be found below:

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