{"id":864661,"date":"2026-06-25T13:59:00","date_gmt":"2026-06-25T11:59:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=864661"},"modified":"2026-06-25T15:28:40","modified_gmt":"2026-06-25T13:28:40","slug":"r1-billion-lamborghini-development-coming-to-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/lifestyle\/864661\/r1-billion-lamborghini-development-coming-to-south-africa\/","title":{"rendered":"New R1 billion Lamborghini development coming to South Africa"},"content":{"rendered":"\n

Tonino Lamborghini is partnering with Zimbali Lakes Resort to develop a luxury hotel and branded residences near South Africa\u2019s port city of Durban.<\/p>\n\n\n\n

The Italian designer\u2019s first project in Africa will include a 200-room hotel and 73 branded residences at the lifestyle estate that\u2019s backed by Kuwait-listed IFA Hotels & Resorts Co. <\/p>\n\n\n\n

Residences are likely to sell for as much as R100,000 per square meter, giving the development a potential total sellout value of about R1 billion, according to Werner Burger, the chief executive of IFA\u2019s South Africa unit.<\/p>\n\n\n\n

It also underlines a wave of developments, including Club Med SAS\u2019s first resort in South Africa and premium lifestyle estates, that are reshaping the KwaZulu-Natal province\u2019s North Coast.<\/p>\n\n\n\n

The region is emerging as a popular base for wealthy South Africans seeking a slower-paced alternative to Cape Town that offers warm weather and an outdoor lifestyle.<\/p>\n\n\n\n

Lamborghini\u2019s portfolio of branded residences includes developments in Dubai and Brazil with upcoming projects in India and Thailand, according to its website. <\/p>\n\n\n\n

He\u2019s the son of famed auto designer Ferruccio Lamborghini.<\/p>\n\n\n\n

Zimbali Lakes, which includes sprawling mansions, a beach club and an Ernie-Els designed golf course, also plans to develop a marina.<\/p>\n\n\n\n

Commenting on the partnership, Tonino Lamborghini said that Africa represents “one of the most dynamic emerging luxury markets globally.”<\/p>\n\n\n\n

“South Africa offers a rare combination of international appeal, natural beauty and long-term growth potential,” he added.<\/p>\n\n\n\n

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Tonino Lamborghini is partnering with Zimbali Lakes Resort to develop a luxury hotel and branded residences near South Africa\u2019s port city of Durban.<\/p>\n","protected":false},"author":59,"featured_media":864662,"comment_status":"open","ping_status":"closed","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9876,9880],"tags":[25655,25654],"class_list":["post-864661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lifestyle","category-wealth","tag-tonino-lamborghini","tag-zimbali-lakes"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/864661","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\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=864661"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/864661\/revisions"}],"predecessor-version":[{"id":864688,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/864661\/revisions\/864688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/864662"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=864661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=864661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=864661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}