Cape Town sees record-breaking property sales to international buyers in 2025

Key Highlights

• Nearly R2.5 billion in sales recorded in first five months; international buyers spent R700 million in April alone.
• Atlantic Seaboard and City Bowl accounted for 67% of sales, with Sea Point and CBD leading in volume.
• Buyers from over 40 countries, led by Germany, UK, and USA, are driving demand across Cape Town’s top suburbs

Cape Town’s residential property market has hit new highs in 2025, with international buyers playing a major role in fuelling record-breaking sales particularly in the Atlantic Seaboard, City Bowl, and select Southern Suburbs.

According to Seeff Property Group, Propstats data shows nearly R2.462 billion in property transactions concluded in the first five months of 2025, the highest five-month total in five years. International buyers contributed significantly, spending R600 million in February and a record R700 million in April across the city.

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“The Atlantic Seaboard alone saw international purchases totalling R530 million in April, with strong activity in nearly all suburbs,” says Ross Levin, Seeff licensee.

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Top-performing areas include Camps Bay, Bantry Bay, and Sea Point, which saw 27 sales, and the CBD, with 32 recorded sales. These hotspots attracted buyers from over 40 countries, primarily Germany, the UK, Netherlands, Switzerland, and the USA, the latter especially active in Sea Point, Mouille Point, and the City Bowl.

A notable resurgence of African buyers has also been seen, with investors from 12 African countries, led by Nigeria, purchasing property across the Cape.

Beyond the Atlantic Seaboard, areas like Constantia, Bishopscourt, Muizenberg, Kommetjie, Scarborough, Blouberg, and Hout Bay have seen increased international demand. In Blouberg, a record R16.5 million sale was concluded with a U.S. buyer in Sunset Beach.

Hout Bay, in particular, is booming, with 37 international sales from buyers across Europe and the U.S., spending between R5 million and R25 million. The area has already reached R600 million in sales for 2025, following R1.3 billion in 2024.

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“We’re seeing strong demand and a shortage of stock — it’s an excellent time for sellers,” adds Stephan Cross, Seeff Hout Bay and Llandudno.

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According to Levin, Cape Town’s appeal lies in its Mediterranean climate, cosmopolitan living, and quality infrastructure — making it a compelling destination for international investors. These buyers not only invest in property, but also contribute significantly to the local economy through lifestyle spending and home upgrades.‍