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Cape Town records surge in international property sales, hitting R2.462bn in five months

Summary by CapeTown ETC
Cape Town has reported unprecedented sales figures from international property buyers, coinciding with a record-breaking summer tourism season, Cape {town} Etc reports. International buyers have invested nearly R2.462 billion within the first five months of 2023, a five-year peak that underscores the city’s growing allure among global investors. The total value of property sales in Cape Town in 2024 is projected at R3.4 billion, closely aligning…
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CapeTown ETC broke the news in on Wednesday, June 4, 2025.
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