Monday, June 18, 2007

How much would you pay for your dream home?

The hottest properties in Cape Town, on the Atlantic seaboard, are fetching staggering prices in spite of forecasts that the housing boom has run out of steam.

A Bantry Bay flat was sold recently for a record R78,370 a square metre the day it came on the market. The full asking price of R25-million was paid by a South African for the 319m2 flat in The Bantry.

A bigger flat of 610m2 in the same block was bought by a Briton for R38,250,000… - Cape Times

No comments: