Foreign buyers sharpen Cape Town property competition
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Lightstone data shows foreign nationals account for about 6% of South African property purchases, with the share climbing to roughly 39% among homes valued above R20 million.
Cape Town's property market continues to attract substantial interest from international buyers, with new data indicating that foreign nationals are particularly prominent at the upper end of the market.
Lightstone Property data suggests that about 6% of property purchases across South Africa are likely made by foreign citizens.
The proportion rises sharply among the country's most expensive homes, with around 39% of properties valued above R20 million estimated to have been purchased by non-South Africans.
The figures place renewed attention on the increasingly international character of Cape Town's premium property market, particularly along the Atlantic Seaboard, where demand from foreign buyers remains strong.
The trend adds to competition for local buyers in the city's upper-end segments as international interest continues to shape pricing and availability in sought-after coastal areas.