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Super-rich vacations: Almost R1 million for a 4-night stay in Cape Town

Dec 30 2019 16:39
Carin Smith

Super-rich visitors to Cape Town over the holiday season have once again been willing to dig deep into their pockets for luxury rental accommodation.

The Dogon Group says it secured a single holiday rental of just under R1m for a four-night stay on the Atlantic Seaboard.

The agency also made a short-term rental deal of R220 000 per month for a house in Bantry Bay. In the suburb of Constantia it concluded a lease of R450 000 per month on a security estate.

Janine Sullivan, Pam Golding Properties rental agent (holiday and long-term rentals) for Camps Bay, says the most expensive properties are the "villa hotel" style accommodation that come with a chef who prepares all meals, a butler service, a property manager, a daily cleaning service and a snack bar. She says the least expensive rental in this area is R2 500 a night and rentals go up to R180 000 a night.

The biggest short-term rental deal made by HTI Consulting over the holiday season was a UK guest who paid R104 000 for a 13-night stay in Cape Town.

Seeff, meanwhile, says it concluded rentals of up to R170 000 per month in Fresnaye, R130 000 per month at the V&A Waterfront, R120 000 per month in Bantry Bay and R60 000 per month in Tamboerskloof in the City Bowl. Upper-end family tenants paid from R80 000 to R100 000 a month in top-end areas such as Constantia.

The most expensive rental obtained by Seeff in Cape Town's City Bowl area was for a 7-bedroom house in Higgovale for R125 000 a month. This property has panoramic views and extended sliding doors opening to a sun deck with rim-flow pool, a built-in gas braai and wood-fired pizza oven.

Higgovale property

The Higgovale property (Source: Seeff)

According to Seeff, luxury Waterfront or seafront apartments range from R15 000 to R20 000 a day. Luxury villas in Clifton, Bantry Bay, Fresnaye and Camps Bay, meanwhile, range from R60 000 to as much as R160 000 a day. Rentals in Hout Bay and Llandudno go from R2 000 to R8 000 per night, while luxury homes or villas fetch around R40 000 a night.

Pieter Brundyn, founder and CEO of premium lifestyle management company In Residence, says pricing in its portfolio ranges from R20 000 to R250 000 per night.

"We focus on contemporary architecture, beautiful interiors, fine art, adding our local knowledge to deliver on a peaceful holiday for the guest," he tells Fin24.

"It seems after (last year's) 'water' crisis, the high-end travellers are coming back. We mostly have American, European and African nationalities staying with us this year."

An example of a property in the In Residence portfolio is a Clifton home with breath-taking views of the Atlantic Ocean. The six-level luxury villa has six en-suite bedrooms, multiple open-plan entertainment areas, including a bar on a glass floor, a gym, sauna, steam room and rim-flow pool.

Clifton property

The Clifton property (Source: In Residence)

The In Residence portfolio also boasts a 4-bedroom property in Fresnaye, situated at the foot of Lion's Head and with views of the Atlantic Ocean and Robben Island from every single room.

fresnaye property

The Fresnaye property (Source: In Residence)

In Bantry Bay the In Residence portfolio includes a 3-bedroom property, which allows you even to listen to the sound of the waves breaking over the rocks below as you lie in the bathtub overlooking the Atlantic Ocean.

Bantry Bay

The Bantry Bay property (Source: In Residence)

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