The most expensive house in South Africa is Clifton House in Cape Town, valued at R189 million. It boasts stunning views of Clifton’s prime beaches and the 12 Apostles mountain range, as well as a private pool and high-end facilities such as solar power and water storage.
Real estate has been a good investment for many South Africans, who have gained from the snowball effect of property values.
The sector is one of the most profitable businesses in the country, with property prices often showing double-digit growth.
Various factors go into determining the cost of a house, but it all boils down to supply and demand, which can change significantly over time.
South Africa is a huge country with varied landscapes, so there is no shortage of land available, yet demand for housing is high.
This means that there is a huge amount of competition in the real estate market, which pushes prices up.
It’s no secret that South Africa is known for its luxury real estate.
The country boasts the world’s most expensive city, Johannesburg, and several other cities with high-end homes costing millions of dollars.
Most Expensive Houses in South Africa
Housing prices in South Africa are among the highest in the world. For example, the average cost of a house in Cape Town is nearly $1.9 million, and the average price per square foot is $2,100.
In both cases, these are among the highest in the world, ranking with cities like London and Hong Kong.
The relatively high cost of housing in Cape Town has attracted many wealthy foreigners as well as locals buying second or third homes for themselves.
There is also a rush to buy property from newly arrived immigrants from other parts of Africa who need somewhere to live.
These can be seen as signs of economic growth and prosperity, but they have an upside-down effect on local markets and make it increasingly difficult for first-time buyers to get their own homes. Here are the 10 most expensive houses in South Africa.
1. Clifton, Cape Town – R189 million
Few sites can compete with Clifton House’s breathtaking splendour.
This property is wonderfully positioned in one of the most sought-after places on Clifton’s world-famous platinum mile, in one of the most sought-after wind-free sites in the world.
The property has views of Clifton’s famed prime beaches as well as the 12 Apostles mountain range.
With its private pool and a slew of high-end facilities such as solar power, internet connection, water storage, enough security, and a modern colour scheme, the house is a once-in-a-lifetime opportunity to acquire an all-encompassing mansion in this exclusive neighbourhood.
Indeed, this is unquestionably one of the greatest residences available in one of Adelaide’s most prestigious neighbourhoods.
2. Fresnaye, Cape Town – R180 million
This ‘art-deco-meets-modern-contemporary’ mansion, designed by a world-renowned architectural firm, features elegance on every level, with creative metal cantilevers, tap-key state-of-the-art security, a glass floating staircase, and an elevator.
The property features five bedrooms, five bathrooms, and living areas that flow smoothly into an outdoor entertainment area with a level lawn, pool, water feature, bar, covered dining and lounge area, and the most spectacular due north-facing views.
3. Constantia, Cape Town – R143 million
This spectacular property on 3.5 acres is the pinnacle of comfort, quality, and the very best architectural design.
It is set in a beautifully manicured garden and is the ultimate in comfort, quality, and the very best architectural design.
This house includes 6 bedrooms, 7 baths, and breathtaking views.
This house is currently one of the most costly in the country. It truly is the pinnacle of beauty, design, and architecture.
Because it is spread across numerous levels and includes more than one building, this apartment appears ideal for a family interested in entertainment.
4. Camps Bay, Cape Town – R124 million
When you visit this property in Camps Bay, Cape Town, you are mesmerized by the pure architectural genius, with a mix of light and the dazzle of the water as your ever-changing background.
The property provides four bedrooms, five bathrooms, a bar, a cocktail pool, imported finishes, and views of the ocean, measuring 900 sqm under the roof with over 305 sqm of covered balcony terraces and access to each place made easy by your private elevator.
5. Bantry Bay, Cape Town – R92 million
This exquisite apartment, which comes in at number five, is located in the city of Cape Town, and it is, without a doubt, beautiful.
Its features aren’t available everywhere in the country, so it’s pricey.
This home has a guest suite, wide glass doors, a party bar, many pools, large windows that let in natural light, and two rim-flow pools that overlook the sea.
This Bantry Bay home has a stunning view of the ocean.
It also features a great space for entertaining guests and four spacious en-suite bedrooms.
Unfortunately, we have yet to determine who the legal owner of the land is.
6. Franshoek, Cape Town – R90 million
Two magnificent houses, constructed in the French Provencal style and strategically placed to optimize their distinctive solitude, border either side of the land.
Views of the Simonsberg and Jonkershoek mountains may be seen from the valley.
The floorplans of these homes are designed for large-scale or small-scale entertainment, with several dining and patio spaces creating a nice indoor-outdoor flow.
7. Mouille Point, Cape Town – R88 million
If you enjoy penthouses, this is the place for you. Mouille Point is one of the gorgeous and large mansion mansions that you should pay attention to.
The home has a huge entertainment room as well as a private rooftop swimming pool.
To top it all off, the rooftop pool has the best views of the ocean.
The pool also has the greatest views of Table Mountain at sunrise and dusk.
Mouille Point mansion is situated along 93 Bech Road in Cape Town, and it goes for R88 million.
8. Zimbali Coastal Resort, Durban – R70 million
Who doesn’t like elegant designs and out-of-this-world furnishings? Yes, everyone does, and it is just the reality.
The famed Zimbali Coastal Resort is South Africa’s sixth most expensive residence.
It provides a plethora of facilities that are worth dying for.
Its characteristics are stunning, and magnificent, and will endure the test of time.
Aside from the 180-degree sea views, it offers three swimming pools that inhabitants may use regardless of the weather.
The Zimbali seaside resort is ideal for folks who wish to have a good time and make the most of their unique home.
9. V&A Waterfront, Cape Town – R65 million
The V&A Waterfront, with an estimated worth of R65 million, is right up there with the most expensive properties in South Africa.
This lovely property on the outskirts of the V&A Waterfront features six bedrooms, all with en-suite bathrooms.
It is built on one level and boasts a complete 360-degree view of Table Mountain, the canals, and the yacht basin. Isn’t it sweet and heartwarming?
This palace also has a gas fireplace for those cold winter evenings, Russian beech timber floors, cedar-lined cabinets, and underfloor heating.
It exudes flair and luxury, owing to its interior design and other great features. We have yet to establish the owner of the property.
10. Sandhurst, Gauteng – R65 million
This gorgeous home is located on the edge of the V&A waterfront and is one of the most expensive mansions in South Africa.
It boasts four en-suite bedrooms, a gas fireplace, Russian oak floors, and an underfloor heating system to keep you comfortable even on the harshest winter evenings.
Indeed, this mansion is well worth the price because it offers almost every type of luxury and pleasure.
This Sandhurst home overlooks a yacht basin and has a panoramic view of Table Mountain.
It also includes wide glass windows, gardens, and other fashionable places that may be completely utilized for enjoyment and leisure.
It is for sale for R65 million, and the owner, like the others, is unknown at the present.