South Africa is a country that has a lot of minerals, diverse cultures, and wealth.
It is one of the wealthiest nations on the continent and houses many rich citizens.
The wealthiest suburbs in South Africa have expensive homes and property that only a few can afford.
Image: instagram.com, @gustavftwgardSource: Instagram
These pricey suburbs will cost an arm and a leg to own.
It is an updated list with 2020 prices that was compiled by New World Wealth.
The most expensive locations in the country are based on house prices and property valuations.
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1.
Clifton
This is a prestigious area located near the beach and is also a top place to visit.
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It offers fantastic seafront views and incredible house designs that are very attractive to home buyers.
A square meter of property in this area will cost you R72,000.
Clifton is known as the most expensive suburb in South Africa due to its location and amenities.
Image: facebook.com, @Fully furnished and equipped Bantry Bay Flat/ MiramarSource: Facebook
Bantry Bay
Bantry Bayoffers fantasticholiday homes and accommodation for holiday lovers.
It has beautiful beaches that will grant you an unforgettable stay.
A square meter of property here will cost you R67,000.
Image: instagram.com, @artoftravelzSource: UGC
Camps Bay
Camps Bay in South Africa is a popular area known for its stunning beaches.
It also happens to have the best beaches to visit in South Africa.
This is the most Instagrammed beach location owing to its beautiful nature.
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Here, you will have to pay R49,000 per square metre of property.
Camps Bay is one of the expensive suburbs in South Africa.
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4.
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Fresnaye
This one is near the seafront between Sea Point and Bantry Bay.
It is a fashionable spot loved by celebrities and beach lovers.
It offers one of thefinest home accommodationin South Africa.
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A square meter of property here will cost you R54,000.
It is loved by cyclists due to its banked roads and smooth curves.
The views here are spectacular.
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It was named Victoria Road in honour of the queen of England.
A square meter of the property will cost you R80,000.
Property prices here range from R47.55 million.
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7.
A square meter of property here costs R78,000 and is the most expensive street in South Africa.
Image: instagram.com, @secretescapeszSource: Instagram
South Africas millionaires can afford this kind of luxury.
It offers a fantastic ocean and mountain view for visitors looking for accommodation and a homely place to stay.
A square meter of property here costs R72,000.
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Beachyhead Drive, Plettenberg Bay
It is located in Plettenberg Bay in the Western Cape of South Africa.
It has amazing sea views.
It is one of the most sought-after locations for visitors and residents.
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A square meter of property here is R37,000.
Lagoon Drive, Umhlanga
This is another beautiful area in KwaZulu-Natal.
A square meter of property here will cost you R40,000.
Image: instagram.com, @wallyrebornSource: UGC
They are eager to find out what is the best place.
Here are some of the most common questions that you should know.
What is the most expensive suburb in South Africa?
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Clifton is the most expensive suburb.
you’re gonna wanna pay at least R72,0000 to get a square meter of property here.
you’re free to work hard and earn enough money to own a house in this expensive area.
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The rich mostly live in the Cape Town area near the sea and has terrific housing and accommodation facilities.
Cape Town is a gem in South Africa given its location and diverse culture.
It is one of the best places to visit in Msanzi.
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Victoria Road has a history of its origins.
It is named after Queen Victoria of England who once visited the area.
Today, it is home to the rich and a rising middle class in the country.
What is the richest part of South Africa?
The richest part of South Africa is Cape Town.
Here, the property is worth millions of dollars, and only a few can afford it.
It is a mineral-rich region offering oceanic views.
The first European settlers camped here due to its amazing weather.
Where do the rich live in Cape Town?
These are areas famous for posh living.
The wealthiest suburbs in South Africa have multi-million-dollar homes and accommodation facilities that only a few can afford.
They are beautiful areas that offer incredible views and houses.
They include Johann Rupert, Nicky Oppenheimer, Koos Becker, Patrice Motsepe, and Jannie Mouton.
She has a Bachelor of Commerce & IT from the University of Nairobi and joined Briefly.co.za in November 2019.
The writer completed a Google News Initiate Course.
you’re able to email her at perisrodah254@gmail.com.
