More than half of the Cape Town CBD apartments left empty during the first year of the pandemic were filled by the end of 2021.
When it comes to average rental prices it’s no surprise that the Western Cape leads the way.
There’s a slow and steady return to ‘normal’ and it looks like this summer will be a cracker for South Africa’s luxury property sector.
For residential property landlords who bought with the idea of letting them out, either via Airbnb or long-term rental, the past year has not been kind.