Share

#Fin24savings: Would you pay R150 000 a day for accommodation?

Cape Town – Fin24 reported that some local property companies found holiday makers – both local and  international – were prepared to up to R100 000 a night to stay in platinum level villas along premium spots in Cape Town this festive season.

Among the exclusive properties situated along the Mother City's Atlantic Seaboard, Fin24 managed to get a peek inside a prestigious Clifton residence that obtained in the region of R120 000 to R150 000 a night during the past holiday season, according to Keegan Lewis, CEO of LVCT Group, a luxury property marketing and management company, which specialises in luxury villa rentals.

Fin24 ran a Twitter poll, asking users if they would fork out R150 000 to live in luxury with spectacular views for just a day; or what would they rather do with R150 000 instead of spending it on accommodation.

Have look at what some of the respondents had to say. 

"I would attend auctions and buy commercial land or consider developing either a factory or space for storage," wrote Fin24 user Carina-Ann.

She noted that if she has enough money, then she would buy a large residential property and plan a compound that affords a self-sufficient lifestyle for a large family, which would include workshops and studios.

Carina-Ann also suggested a one level dwelling for elderly persons and a private apartment. She also imagined buying land to cultivate farm produce with the aim of passing on these skills to the younger generation. 

Read Fin24's top stories trending on Twitter:


We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.26
-0.8%
Rand - Pound
23.98
-0.8%
Rand - Euro
20.59
-0.7%
Rand - Aus dollar
12.51
-1.0%
Rand - Yen
0.12
-0.7%
Platinum
914.80
-0.6%
Palladium
1,018.50
-0.7%
Gold
2,322.88
+0.0%
Silver
27.30
0.0%
Brent Crude
88.42
+1.6%
Top 40
68,567
+0.8%
All Share
74,509
+0.7%
Resource 10
59,880
+0.5%
Industrial 25
104,190
+1.4%
Financial 15
15,904
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders