(supplied, Seeff) Cape Town’s lucrative holiday rental market – with bookings of up to R1 million for four days – has seen a drastic uptick in demand for the 2018 festive season.
Most top-end properties in the Western Cape are long booked for the Christmas period, but there has been a rush of last-minute enquiries for peak season, said Pam Golding Properties’ Dexter Leite.
“The relaxing of water restrictions following the winter rains have certainly restored confidence in this market,” Leite said.
Also read: For the first time in years, Cape Town rental properties are standing empty and getting cheaper Even so, the holiday rental market is not close to where it was a few years ago when high-end sector was much more active, said Phillip Pienaar, rental expert at RE/MAX.
He said the typical top-range villas achieve rentals from R80,000 upwards for the December/January peak time.
Despite the uptake in high-end rentalsAirbnb has caused a notable oversupply of rental property market, forcing owners to drop prices, said Natalie Muller, sales and rentals manager for Seeff Atlantic Seaboard.
Here are six of the most expensive rental properties on the market for the 2018 holiday season in Cape Town right now:
'Pyjama lounge' Clifton villa – R250,000 per night (supplied, Seeff) This six-bedroom villa includes a personal butler, a chef and canapés upon arrival.
It is situated on Nettleton Road (one of South Africa’s most expensive streets) and designed to optimise the beautiful views of Camps Bay, the 12 Apostles, and the Atlantic Ocean.
All the rooms have sea views and en-suite bathrooms, and the house has a special “pyjama lounge” with kitchenette for children.
Seeff’s Muller said the three-storey home also has its own elevator to ensure that visitors can bypass the private rooms on the second floor.
Four-bedroom house in Fresnaye – R80,000 per night View from the infinity pool across the Cape Town CBD (supplied, Pam Golding) A four-bedroom home in upmarket Fresnaye, close to Cape Town’s popular Clifton beaches, is letting for R80,000 a day.
Pam Golding’s Leite said the property includes a gym, sauna, five bathrooms, and 24-hours manned security.
It has incredible views of the Atlantic, with a swimming pool and sun deck to enjoy it from.
Five-bedroom Clifton villa – R150,000 per night (supplied, Seeff) Designed by acclaimed architectural firm SAOTA, the five-bedroom villa features high-end amenities for entertainment, fitness, and cuisine, and five deluxe bedroom suites.
Seeff’s Muller said the house also has a dreamy infinity pool, lush gardens, and an ocean-view tub in the master suite.
The villa is also fully serviced with a 24-hour concierge service, chef, and daily cleaning crew.
Camps Bay Hollywood Mansion – R70,000 per night (supplied, Pam Golding) The six-bedroom mansion with en-suite bathrooms includes an outdoor jacuzzi, gas fireplace, heated infinity swimming pool, and stunning views of the Atlantic ocean.
There is also a sunken wine cellar, a soundproof home cinema, a gym, and a library with 500 books.
Pam Golding’s Leite said the mansion’s rent includes a butler and housekeeping service Monday through Friday.