As South Africa continues gradually emerging from the national lockdown, the luxury residential property market is showing promising signs of increasing activity, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
After splashing out R25m for an apartment in Cape Town's ultra-exclusive Clifton, Adrian Gore founder and CE of Discovery, picked up a three-bedroom luxury pad in New York for R103m in January.
South Africa's serious property buyers are gearing up to bid for possibly the largest piece of vacant land made available for sale along the Atlantic Seaboard in Cape Town.
Deciding whether to buy or lease a property used to be a relatively easy exercise, but the extremes in prices in greater Cape Town have made shopping for property in all sectors a lot more complex.
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