Vacation rents soar on Cape’s Riviera

10 January 2017 - 15:13 By Alistair Anderson
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"It’s been a bumper holiday season for the owners of rental homes on the Riviera of Cape Town‚ the ribbon of prime coastal property that stretches from the V&A Waterfront on the north shore of Table Mountain all the way down the west side of the Cape Peninsula to Hout Bay‚" said Charl and Adél Louw‚ principals of the Chas Everitt International franchise on the Atlantic Seaboard.

"Daily rentals of R5,000 to R6,000 for a two-to three-bedroom apartment in Bantry Bay or Clifton were easily obtained‚ while a spacious eight-bedroom‚ multilevel villa with every mod con and panoramic views we have on our books achieves as much as R150,000 a day in season‚" they said.

This story was originally published on BusinessLIVE. Read the full story here.

- TMG Digital/BusinessLive

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