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You are here: Home / News / Foreigners spent over R1 billion to live in one South African city | SA News

Foreigners spent over R1 billion to live in one South African city | SA News

15 June 2025 by Guest

Malcolm Libera
 ·14 Jun 2025

International buyers have spent over R1 billion buying properties across the Western Cape’s City of Cape Town. 

This was outlined by Seeff Property Group, which noted that Cape Town continues to be one of the most desirable destinations for international property buyers.

The surge in international buyers shows a marked increase from previous years and reflects sustained confidence in the city’s real estate market.

Propstats data reveals that property sales across Cape Town reached nearly R2.5 billion in the first five months…

Crowdsourced Journalism: Some publications are using crowdsourcing to gather
news and information from the public.

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Comments

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    25 August 2026 at 12:29 pm

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