Cape Town

Cape Town | Western Cape

The Soul of

Grand Design

View Photos Watch Film 360° VTour Open House

Craig Mathieson

Presented At

R12,595,000

Bedrooms

Bathrooms

Living

1,141

SQFT

Fireplace

Stone Countertops

Air Conditioning

Kitchen island

Bar

Terrace

Parking

Balcony

Outdoor Kitchen

Beachfront

Water View

Coastal

Sea View

Mountain View

Privacy

Renovated

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Cape Town

Cape Town | Western Cape

Cape Town, Western Cape, South Africa. , Cape Town , Western Cape

Exquisite Front Facing Beachfront Masterpiece

**Luxurious Atlantic Seaboard Apartment in ’Wavecrest’**

Experience the epitome of coastal living with this premium Atlantic Seaboard apartment, perfectly situated front-facing on the prestigious Beach Road in ’Wavecrest’. This exceptional residence is a masterpiece of design and quality, truly a property that must be seen in person to be fully appreciated.

Upon entering, you are greeted with a meticulously renovated space that seamlessly blends elegance with modernity. The open-plan kitchen, dining, and living area create a seamless flow onto a large balcony, offering breathtaking full sea views. This is the perfect setting for entertaining guests or enjoying a quiet evening watching the sunset. The apartment boasts two spacious bedrooms, each with en-suite bathrooms, providing privacy and comfort. The primary bedroom features direct access to the expansive balcony, allowing you to wake up to the soothing sounds of the ocean.

For added convenience, the property includes a separate storeroom or staff quarters and comes with two undercover parking spaces in tandem. The commitment to quality is evident in every detail, from the world-class integrated appliances to the 85 Inch OLED Smart TV included with the property. Double-glazed windows and doors ensure a peaceful and energy-efficient environment.

Located on the world-famous promenade and just steps away from Queen’s Beach, this apartment offers unparalleled access to the best of coastal living. You’ll be in close proximity to all amenities, including restaurants, shops, and beaches, ensuring a lifestyle of convenience and leisure.

Safety and security are paramount, with a 24-hour security concierge providing peace of mind. This property is ideal for the discerning buyer with an appreciation for excellence in design and quality.

We invite you to experience this extraordinary property in person, as it is the only way to truly appreciate its grandeur. Contact us today to schedule a private viewing and take the first step toward owning your dream home on the Atlantic Seaboard.
City and Atlantic Real Estate cc Trading as RE/MAX Living, an independently owned and operated franchise of RE/MAX SA. Registered with the PPRA.

Exterior

Property

Gallery

3D Street View Tour

Property Location

Cape Town, Western Cape, South Africa., Cape Town Western Cape

Local Weather & Climate

Cape Town, Western Cape

Current Conditions Updated recently

79 °F

Few clouds

Feels Like 79°F

Humidity 52%

Wind 5 mph

Visibility 6.2 mi

Sunrise 4:36 AM

Sunset 5:19 PM

5-Day Forecast

Wed 4 Mar

Clouds

High 77°

Low 66°

Thu 5 Mar

Clear

High 73°

Low 64°

Fri 6 Mar

Rain

High 69°

Low 65°

Sat 7 Mar

Clear

High 67°

Low 62°

Sun 8 Mar

Clear

High 78°

Low 60°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Cape Town?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

R100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for South Africa. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on South Africa tax year 2025 (fiscal year: March-February), rules effective from 2001. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$12,595,000

Cape Town, Western Cape, South Africa.

Cape Town, Western Cape

2 Beds

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Market Opinion

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Our perspective on current market conditions in Cape Town. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $12,595,000 20% down ($2,519,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$1,082/day

Your home may appreciate while you sleep

$7,597/week $32,920/mo $395,034/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$6.9M

+$9.8M

$9.8M Potential Equity

vs $6.9M lost to rent over 10 years

$2.5M Down Payment Growth

3.9x

10yr

$9.8M

8.1x

20yr

$20.4M

12.6x

30yr

$31.8M

Wealth Comparison

×76

Equivalent to 76 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $31.8M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $14.8M +18%

Market $17.2M +36%

Optimistic $19.8M +57%

$9.8M est. equity

20 Years

Conservative $17.5M +39%

Market $23.4M +85%

Optimistic $31.1M +147%

$20.4M est. equity

30 Years

Conservative $20.6M +63%

Market $31.8M +153%

Optimistic $48.9M +288%

$31.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does Cape Town, Western Cape, South Africa have?

This apartment at Cape Town, Western Cape, South Africa features 2 bedrooms with 1,141 square feet of living space.

What is the size of Cape Town, Western Cape, South Africa?

This property offers 1,141 square feet of living space.

What is the listing price for Cape Town, Western Cape, South Africa?

This property is listed at $1,259,500,000, which equals $1103856 per square foot.

Is now a good time to buy a home in Cape Town?

Based on current market indicators, Cape Town shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is Cape Town, Western Cape, South Africa?

This is a apartment located in Cape Town, Western Cape. The property is situated in an established neighborhood with convenient access to local amenities and services.