{"id":485589,"date":"2021-04-24T17:30:58","date_gmt":"2021-04-24T15:30:58","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=485589"},"modified":"2021-04-23T15:10:24","modified_gmt":"2021-04-23T13:10:24","slug":"how-much-it-costs-to-buy-a-5-bedroom-estate-home-in-italy-us-and-new-zealand-vs-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/485589\/how-much-it-costs-to-buy-a-5-bedroom-estate-home-in-italy-us-and-new-zealand-vs-south-africa\/","title":{"rendered":"How much it costs to buy a 5-bedroom estate home in Italy, US, and New Zealand vs South Africa"},"content":{"rendered":"

New World Wealth has published its list of the top lifestyle estates around the world, with three South African developments featuring on the list.<\/p>\n

The top estates were selected based on their appeal to high-net-worth individual (HNWIs), maintenance, communal areas such as parks, design, location, scenery, security and facilities\/activities available which includes gym, tennis, golf, equestrian and lifestyle advantages.<\/p>\n

New World Wealth defines millionaires as those with a net worth of $1 million or more.\u00a0 Using this metric, there are approximately 36,500 dollar millionaires<\/a><\/strong> living in the country \u2013 down by 1,900\u00a0from the number recorded in 2020.<\/p>\n

Included in South Africa\u2019s millionaire figures are 1,930 multi-millionaires living in South Africa, each with net assets of $10 million or more. In addition, there are five billionaires living in South Africa, each with net assets of $1 billion or more.<\/p>\n

The group estimates that over 45% of South African HNWIs either live or have homes on estates.<\/p>\n

Below are the top lifestyle estates, and how much it costs to buy a property in each one.<\/p>\n

\n

Yellowstone Club in USA<\/strong><\/p>\n

Enclave 2A\u00a0 – $13,950,000 (R200 million)<\/a><\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

Val de Vie in South Africa<\/strong><\/p>\n

5 Bedroom House for Sale in Val De Vie Estate – R19,500,000<\/a><\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

Bighorn Golf Estate in USA<\/strong><\/p>\n

106 Lantana View – $6,750,000 (R96.5 million)\u00a0<\/span><\/a><\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

Steyn City in South Africa<\/strong><\/p>\n

5 Bedroom House for Sale in Steyn City – R22,000,000<\/a><\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

Kukio in Hawaii, USA<\/strong><\/p>\n

Kukio 111 – $8,850,000 (R126 million)<\/a><\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

Fancourt in South Africa<\/strong><\/p>\n

5 Bedroom House for Sale in Fancourt – R15,9 million<\/a><\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

Jumeirah Golf Estate in the UAE<\/strong><\/p>\n

Modified Valencia with Annexe – 8,500,000 AED (R33.1 million)<\/a><\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

Jacks Point in New Zealand<\/strong><\/p>\n

\u00a0Hidden Island Road, Jacks Point – $18,500,000 (R189 million)<\/a><\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

Toscana Castelfalfi in Italy<\/strong><\/p>\n

Homes from \u20ac 1,700,000 (R29 million)<\/a><\/strong><\/p>\n

\"\"<\/a><\/p>\n

\n

Read: New data shows how wealth has been destroyed in South Africa over the last 10 years<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

New World Wealth has published its list of the top lifestyle estates around the world, with three South African developments featuring on the list.<\/p>\n","protected":false},"author":10,"featured_media":485617,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9880],"tags":[26,6440],"class_list":["post-485589","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wealth","tag-headline","tag-new-world-wealth"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/485589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=485589"}],"version-history":[{"count":11,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/485589\/revisions"}],"predecessor-version":[{"id":485659,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/485589\/revisions\/485659"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/485617"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=485589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=485589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=485589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}