Foreigners line up for SA’s luxurious rental pads with hefty price tags
Seeff says high demand for luxury rentals has pushed prices up between 15% and 20% from last year
15 August 2022 - 20:06
It is likely to be a summer of content for SA’s luxury property sector if the current demand for swanky rental pads by foreigners and locals is anything to go by.
Property experts are seeing a strong recovery in luxury rentals in the Western Cape’s Atlantic seaboard, Constantia Upper, Bishopscourt, Paarl, Franschhoek, Sandton and Johannesburg North in Gauteng. Luxury estates are again achieving monthly rentals of more than R100,000 per month...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.