Cape Town’s lucrative holiday rental market – with bookings of up to R1 million for four days – has seen a drastic uptick in demand for the 2018 festive season.
Most top-end properties in the Western Cape are long booked for the Christmas period, but there has been a rush of last-minute enquiries for peak season, said Pam Golding Properties’ Dexter Leite.
“The relaxing of water restrictions following the winter rains have certainly restored confidence in this market,” Leite said.
Even so, the holiday rental market is not close to where it was a few years ago when the high-end sector was much more active, said Phillip Pienaar, Phillip Pienaar, rental expert; sales associate and legal consultant at RE/MAX Living.
He said the typical top-range villas achieve rentals from R80,000 upwards for the December/January peak time.
Despite the improvement in high-end rentals, Airbnb has caused a notable oversupply of rental property, forcing owners to drop prices, said Natalie Muller, sales and rentals manager for Seeff Atlantic Seaboard.
Here are six of the most expensive rental properties on the market for the 2018 holiday season in Cape Town right now:
This six-bedroom villa includes a personal butler, a chef and canapés upon arrival.
It is situated on Nettleton Road (one of South Africa’s most expensive streets) and designed to optimise the beautiful views of Camps Bay, the 12 Apostles, and the Atlantic Ocean.
All the rooms have sea views and en-suite bathrooms, and the house has a special “pyjama lounge” with kitchenette for children.
Seeff’s Muller said the three-storey home also has its own elevator to ensure that visitors can bypass the private rooms on the second floor.
A four-bedroom home in upmarket Fresnaye, close to Cape Town’s popular Clifton beaches, is letting for R80,000 a day.
Pam Golding’s Leite said the property includes a gym, sauna, five bathrooms, and 24-hours manned security.
It has incredible views of the Atlantic, with a swimming pool and sun deck to enjoy it from.
Designed by acclaimed architectural firm SAOTA, the five-bedroom villa features high-end amenities for entertainment, fitness, and cuisine, and five deluxe bedroom suites.
Seeff’s Muller said the house also has a dreamy infinity pool, lush gardens, and an ocean-view tub in the master suite.
The villa is also fully serviced with a 24-hour concierge service, chef, and daily cleaning crew.
The six-bedroom mansion with en-suite bathrooms includes an outdoor jacuzzi, gas fireplace, heated infinity swimming pool, and stunning views of the Atlantic Ocean.
There is also a sunken wine cellar, a soundproof home cinema, a gym, and a library with 500 books.
Pam Golding’s Leite said the mansion’s rent includes a butler and housekeeping service Monday through Friday.
Seeff’s Muller said this house, with spectacular panoramic views of the Atlantic Ocean, is ideal for special occasions and destination weddings.
The six-bedroom home’s rental includes a butler, chef, housekeeping services – plus airport transfer, after which welcome drinks and canapés are served upon arrival.
The deluxe master suite is a luxury apartment unto itself, with a king-sized bed accompanied by an elegant lounge, all opening to a large balcony with stunning views.
This five-bedroom villa features an additional two cottages.
Pam Golding’s Leite said it is securely located in a quiet cul-de-sac with panoramic sea and mountain views, and has an expansive outdoor deck area with infinity swimming pool.
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