This information in this article is courtesy of Realestateweb (Bantry Bay property sold for R36,5m – 9 February 2009)
Pam Golding Properties has secured the highest ever price paid for a house in Bantry Bay - R36.54 million. This luxury home is situated on a rare half-acre plot, with over 1000m² space. The previous record of R30 million was achieved last year.
According to Basil Moraitis, manager of PGP Atlantic Seaboard and City Bowl, the buyers are a young couple from the UK who intend to use this residence as their summer home. The house is situated among other celebrity homes and is completely sheltered from the Cape South-Easter.
Moraitis said that the house was sold within 4 weeks of listing, despite the current market conditions. According to him this is testament to the fact that accurate pricing is more important than ever in today’s market.
Buy Cape Town Property
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment