The SA city that foreigners spent over R1 billion buying property in – Bundlezy

The SA city that foreigners spent over R1 billion buying property in

International property buyers have already poured over R1 billion into Cape Town’s real estate market so far in 2025, proving that the city is more attractive than ever to foreigners wishing to invest.

According to BusinessTech and Seeff Property Group, sales to international buyers hit R600 million in February and R700 million in April this year, bringing the year-to-date figure to well over R1 billion. 

Data also showed that overall property sales in Cape Town reached nearly R2.5 billion in the first five months of 2025 – the highest level seen in the past five years.

Cape Town property market booms

And it seems foreigners are interested in purchasing property in particular areas in the city.

Ross Levin, licensee for Seeff Atlantic Seaboard, noted that foreign buying has been especially strong in the Atlantic Seaboard and City Bowl, which together accounted for around 67% of all international transactions.

In April alone, overseas buyers spent R530 million on properties in the Atlantic Seaboard.

“We’ve seen sales across just about all suburbs, with Camps Bay and Bantry Bay commanding the highest values, and Sea Point and the CBD leading in transaction volumes,” Levin said.

Data also indicated that foreigners from over 40 countries have invested in Cape Town this year.

These included buyers from Germany, the UK, Netherlands, Switzerland, and other European nations.

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