Cape Town golf estates achieve sky-high prices following pandemic

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The latest data by the Seef Property Group indicates significant price increases in golf estate homes, especially in Cape Town, following the COVID-induced property boom.

South Africa News, South Africa Headlines

, golf estates have become prime second-home destinations for both local and international buyers, including semigration buyers. These properties are reportedly achieving some of the highest prices in the country.

Estates such as Boschnmeer in Paarl and De Zalze in Stellenbosch have also seen prices doubling over the last decade. Most notable is a substantial number of sales above R20 million in the De Zalze Golf Estate last year. Now, the estate boasts a median value of R12.7 million, ranking it among the top golf estates in the country.

Among the most popular to date are Garden Route golf estates, including Fancourt. Although the estate has been regarded as the top of its kind in the country for quite some time, it only achieved a median price of R8.4 million over the past year.

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