• IS provokes sea-change

    It has been a grave mistake to defy both Russia and France, says Leopold Scholtz.

  • Nene's SAA nemesis

    No political figure seems to have the guts to speak out against Dudu Myeni, says Solly Moeng.

  • The mp3 revolution

    Ian Mann takes a look at the war between digital music and the compact disc.

All data is delayed
See More

Hout Bay castle sells for R23m

Sep 17 2012 10:20

Johannesburg - A picturesque six-storey castle in Karbonkelberg, on the outskirts of Hout Bay has been sold to a Russian businessman for R23m.

The castle has 13 en-suite bedrooms, a library and a bar is situated high up against the mountain, overlooking Hout Bay beach.

It is only accessible by private road and helicopter and is situated on 8 500m² of land, which boasts a natural waterfall and swimming pool.

The castle was previously run as a guesthouse until it was snapped up by its Russian owner. "It was love at first sight for the owner," Sotheby’s International Realty’s Nina Smith is quoted as saying by MoneyWeb.

The castle was originally built by South African businessman Reynier Fritz in 1986. The building was meant to replicate the Schloss Lichtenstein castle in southern Germany.

The sale includes all the building's furniture.

* Follow Fin24 on TwitterFacebookGoogle+ and Pinterest.

hout bay  |  property


Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.

Company Snapshot

We're talking about:


Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The 25 basis points interest rate increase is:

Previous results · Suggest a vote