You know your friend group is growing up when talk around the braai switches from the latest drunken evening to the rising price of property in and around the Cape Town CDB.

Property is becoming more expensive by the day, but I’m guessing the folks who bought this Bantry Bay mansion aren’t exactly feeling the pinch.

The price, a whopping R290 million, makes it one of the most expensive residential purchases South Africa has ever seen.

Some snaps and information below from BusinessTech:

The sale was done through Cape property group Dogon Property, which sold the luxury home to a German couple, who will be using it as a holiday home.

The 2,000 square metre property is on a 5,000 square metre piece of land – which includes the two 1,000 square metre empty plots on either side, which were purchased to ensure the home’s privacy.

It offers seven bedrooms, staff quarters, a swimming pool, and offers 360 degree views of the top of Bantry Bay. As an added bonus, the sale of the house includes two luxury vehicles…

The house has won numerous local and international awards including, most recently, the popular vote category in the international 2016 Architizer A+Award for private houses over 500m², as well as the 2016 Lafarge Artevia Decorative Concrete Awards, in the category: House with a view.

Tough life – I feel like waking up to that view could cure just about any hangover the world can throw at you.

For us mere mortals there’s always the Mega Millions draw taking place tonight – just the $363 million (R5,3 billion) on offer, so go ahead and take a poke HERE.

[source:businesstech]

[imagesource:here]