Why SA’s super-rich are flocking to Hermanus
The whale coast, with its beautiful beaches, wine farms and mountain trails, has emerged as SA’s new wealth hotspot
It’s no secret that SA’s housing market has experienced a mini-boom over the past two years, fuelled by historically low interest rates and pandemic-induced changes to the way people live and work.
But there’s been a particularly interesting shift in home-buying patterns among SA’s cash flush. That’s evident from “The Africa Wealth Report 2022”, published recently by migration specialist Henley & Partners and wealth intelligence firm New World Wealth. ..