The Wealthiest and Most Elite Area to Buy or Invest in Mansions for Sale in Cape Town

Scouting the luxury property market in the Mother City for mansions for sale, but unsure of where to buy? While Johannesburg may be home to over 23 000 millionaires and some of the most gorgeous mansions and penthouses in the country, Cape Town has long been the city which boasts the most exclusive properties with the highest price tags. Located on the shore of Table Bay, Cape Town, the Mother City of Africa, is ranked as one of the best cities in the world by several global travel publications, including Conde Nast.

A beautiful city characterised by its golden white beaches, majestic mountains alive with fynbos and wildlife, cosmopolitan lifestyle, and the vicinity of the Cape winelands – luxury property in Cape Town has been enjoying some of the highest property sales in the Southern Hemisphere right now. A market for millionaires, real estate has become a unique asset focusing on prime luxury penthouse apartments to mansions for sale in the most elite parts of Cape Town. For those new to the world of luxury property in the Mother City – here is the top most elite and affluent area to find the most exquisite mansions for sale in Cape Town.

The Most Affluent Platinum Real Estate Stretch – The Atlantic Seaboard

To the east of the City Bowl, on the Atlantic Seaboard circling Signal Hill and Lion’s Head are the suburbs of Green Point, Sea Point, Fresnaye, Bantry Bay, Camps Bay, Bakoven, Clifton, and Llandudno. Prime residential districts that are both close to the city and boast first class views of the Atlantic Ocean, real estate in these areas are some of the highest in Cape Town because of where they are situated. An exclusive residential address that comes with bragging rights and an enormous bank account, the Atlantic Seaboard offers everything from modern minimalist apartments, luxury beach bungalows, and villas to the most luxurious mansions for sale.

Home to the Most Glamorous and Expensive Mansions in the World

While there are only a few places in the world that can offer you such exquisite real estate, the Atlantic Seaboard is certainly one of them. Considered as the most prestigious address in Cape Town – this year alone, about R1bn worth of R20m-plus luxury mansions were sold, mostly in Camps Bay and Clifton. In fact, last year in August, a trophy mansion in Clifton was sold for R111m. The previous highest price for such a luxury mansion was R60m in 2010.

Millionaire’s mile, without a doubt, is considered as one of the most stable investments in the Southern Hemisphere because of its prime central location and vibrant cosmopolitan lifestyle. Gorgeous views of the Twelve Apostles, the Atlantic Ocean and the famous white beaches of Clifton and Camps Bay come standard with these spectacular mansions. If the views and architectural beauty of these homes don’t grab your attention, then you will be blown away by their luxury features. Accentuating both exquisite exterior and interior architectural accents, these grand flamboyant properties highlight spacious two- to three-storey mansions that boast up to 6 bedrooms and 6 bathrooms, open-plan dining areas that feature both mountain and see views, and grand lounges that extend outside onto infinity pools that overlook the ocean. Additional “WOW” features include elevators, wine cellars, steam rooms, cinemas, and customised gyms.

Offering a host of unique indoor and outdoor features that model the vibrant lifestyle of millionaire’s row – you will be blown away by its blend of luxury and comfort. But be sure to have your wallet ready!