- Cape Town’s luxury property market is experiencing a significant surge in demand, driven by both local and international buyers seeking high-end residences.
- This trend is particularly evident in the Simon’s Town area where luxury apartments and homes are selling rapidly due to the scarcity of luxury townhouse developments and breathtaking views along the Southern Peninsula.
- Simon’s Town’s scenic beauty and proximity to tourist attractions like Boulders Beach, recognised in the 2024 Golden Beach Awards as number 2 in the top 100 beaches in the world and home to the Boulders Penguin Colony, making it an attractive location for short-term rentals, potentially increasing rental yields.
Cape Town, renowned for its breathtaking landscapes and vibrant culture, has long been a magnet for both local and international buyers seeking a unique blend of lifestyle and investment opportunities. The 2025 property market promises continued growth, driven by economic stability and evolving buyer preferences for luxury living.
Over the past year the Western Cape has seen a surge in buy-to-let purchases, primarily driven by foreign buyers seeking luxury properties to rent to tourists. According to AirDNA, Cape Town’s Airbnb market has seen consistent year-on-year growth over the past five years, with revenue increasing by approximately 5% annually and occupancy rates also surging each year.
Wesgro also reports a significant rise in international arrivals at Cape Town International Airport each year, further driving demand for high-end rentals. This trend is reflected in the growing number of luxury properties being rented out, as foreign buyers take advantage of South Africa’s relative affordability to invest in premium real estate.
“Investing in property along the Southern Peninsula is considerably more affordable in comparison with coastal cities around the world, where luxury properties in popular destinations like the French Riviera often exceed €1 million (approximately R18 million),” comments Emanuel Germanis, CEO and founder of Revo Property.
Marisol, an exclusive new townhouse development located at 3 Thomas Road in Simon’s Town, emerges as a beacon of luxury living, offering a sophisticated blend of modern design and natural beauty. It offers 13 premium two- and three-bedroom townhouses, ranging from 217 to 329 square metres in size, and priced from priced from R6,895 million (including VAT) each designed to reflect the serene, sandy hues and relaxed beauty of coastal living.
With Marisol based in the heart of Simon’s Town distinctive coastal community, this historic naval town is filled with charm, from cobbled streets, lively harbour cafes to boutique stores and artisanal markets. The close proximity to fantastic snorkelling and fishing spots, along with great restaurants and grocery stores offers luxurious coastal living coupled with convenience.
“Simon’s Town offers excellent value for money, with properties often boasting stunning sea views and a desirable seaside village atmosphere. This contrasts with European markets where similar views and amenities might cost substantially more,” adds Germanis.
Located on the scenic South Peninsula of Cape Town, Simon’s Town offers a unique blend of lifestyle benefits, natural beauty, warmer climate, outdoor activities and cultural attractions along with investment potential that makes it an attractive destination for property investors compared to other global coastal locations.
“We’ve seen an incredible year-on-year surge in foreigners flocking to South Africa, driving up both property values as well as demand for short-term stay accommodation. More than ever, international buyers are not just visiting but investing in property here – something we’re seeing mirrored among affluent local buyers as well,” notes Germanis.
Each Marisol unit offers a sublime ocean view, with the back of the development boasting endless mountain views. Spacious living areas flow seamlessly into private balconies and covered patios — each home offering both — ideal for enjoying the stunning bay views. The design harmonises with the landscape, drawing on soft, neutral tones to enhance the light, airy feel of each townhouse.
Marisol is positioned along the world-class South Peninsula Drive, close to well-known attractions – Boulders Beach, Millers Point, with hidden gems like Smitwinkelbaai nestled on the scenic coastline, situated just before Cape Point Nature Reserve.
Boulders Beach, voted second in the 2024 Golden Beach Awards[3], isn’t just a picturesque stretch of powdery sand and azure-blue waters; it’s a bustling metropolis for the African Penguin, offering tourists a unique experience where one can relax on the beach while watching these tuxedo-clad locals waddle around.
The exclusive sales launch will take place on Thursday, 24 April 2025 at 12pm. With the Marisol units expected to be completed in the first quarter of 2027, you can expect luxurious premium finishes, high-spec and practical kitchens and smart layouts that maximise ocean views. Security is a priority, with access control and secure parking within this gated community, offering residents peace of mind in a home that feels both private and inviting.
The Marisol townhouse development offers a unique opportunity for both local and international buyers to invest in a luxury townhouse complex with strong potential for rental income and long-term property appreciation, amidst a backdrop of high demand and limited supply in the area. With its exclusive location, this investment opportunity boasts a capital growth of 8%.
“Marisol is definitely a strategic investment opportunity for both local and international buyers, with the growing demand for luxury residences in Cape Town, the potential for rental income, and the long-term appreciation of property values in the area,” confirms Germanis.
Classic Collection is the developer behind Marisol, renowned for crafting exceptional spaces, from world-class lodges to breathtaking coastal homes while Bruce Wilson Architects, led by founder Bruce Wilson, known for their inspired and considered approach, are responsible for crafting the Marisol spaces that are both striking and deeply functional. Their designs blend sustainability with architectural ingenuity and visual design with long-term value.
For more information about the Marisol development, visit https://www.marisol-estate.co.za.
