Cape Town is gearing up for another bumper short-term rental season. According to Seeff SHORTSTAY teams in Cape Town and Hermanus, Cape Town is the busiest tourist city on the continent.
The Airports Company reported that Cape Town International Airport arrivals totalled 10.7 million (domestic and international) in 2017, 6% more than in 2016. December 2017 arrivals were 11.5% higher compared to December 2016.
Jason Da Costa from Seeff Atlantic Seaboard says the city offers something for every person and pocket, from R2,500 per night to R250,000 per night.
Atlantic Seaboard: Clifton and Camps Bay
The Atlantic Seaboard tends to attract the big spenders looking for a 5-star home-away-from-home experience. While the high season rates for apartments range from R2,500 to R10,000/night, luxury villas for R20,000 to R30,000/night and the most opulent homes, upwards of R50,000 to R250,000/night.
Hout Bay, Llandudno and Southern Suburbs
Hout Bay and Llandudno are also coastal hotspots over the summer, but we have year-round demand here and in the Southern Suburbs, says Janine van Heerden, Seeff’s Rental Manager for the areas.
Peak season rates are around R2,400/night for a flat and for a house/villa R5,000 to R13,500. Southern Suburbs rates range from R1,800 to R2,500/night for a flat and R3,300 to R28,000/night for a house/villa. Low season rates are about 30% to 40% lower, depending on the time of year. Rates depend on the location and what is on offer.
Cisca de Vries from Seeff Hermanus says that the town benefits from its close proximity to Cape Town and the international airport, and that up to 40% of visitors are foreigners, mostly from the UK and USA.
High season rates are around R1,650/night for a flat and R5,500/night for a house/villa. The closer to the beach you are, the more expensive, but it depends on the area and property, she says. Low season rates are about 30% to 50% cheaper.
Top photo: CAMPS BAY – R89,500/night – another magnificent Stefan Antoni-designed spectacular home as fabulous as anything you would see in a Bond film, with six bedroom suites (including two master suites), entertainment areas, a swimming pool and magnificent furnishes and equipped