Wealth research group New World Wealth has released a new report on the top 10 luxury apartments in South Africa.
According to the group, to determine the top 10, it looked at a host of criteria, including the design and space; location; views and scenery; quality of fittings and finishings; and how the units appealed to wealthy individuals.
Other factors like communal spaces, security and facilities were also taken into account.
These are the 10 best luxury apartment buildings in South Africa, according to New World Wealth:
The Embassy Towers is a lovely new luxury apartment block that overlooks the US embassy in Sandton. The 12 story complex consists of 93 exclusive apartments. Apartment prices there range from R7 million to R30 million.
This beautifully designed complex is located in Bantry Bay in Cape Town. It offers residents impressive views over the ocean and is wind protected. Notably, all the units there are relatively large (over 300 square meters each). The complex was designed by well-known SA architect Stef Antoni. Apartment prices there range from R30 million to R40 million.
Melrose Arch in Sandton is a unique mixed use residential area with apartments, offices and shops. It offers residents easy and safe access to local shops, bars and restaurants. Apartment prices there range from R2 million to R30 million.
Located in Killarney in Johannesburg, Whitehall Court has a timeless design, with impressive internal gardens, sculptured pillars and high ceilings. Apartment prices there range from R3 million to R12 million.
The Houghton is located in Houghton, Johannesburg. It doubles as a residential estate, with access to the Houghton Golf Course. There is also an upcoming hotel residence component to the development, which is particularly appealing to wealthy buyers.
It offers several types of units, including: one bedroom studios, mid-sized garden apartments and large sky-rise penthouses. Apartment prices there range from R4 million to R100 million.
San Michele is a beautifully designed complex located in Clifton in Cape Town. It overlooks the iconic Clifton Beach, which is one of the top rated beaches in the world and a major hangout for the world’s jet set. Residents have easy access to the beach. Apartment prices there range from R3 million to R30 million.
Franklin Row is located on Melville Road in Illovo, Johannesburg. Like Whitehall Court, it has a timeless design, with a very similar look to apartments in Belgravia (the most exclusive part of London, UK). Prices there range from R3 million to R10 million.
De Meermin overlooks Lookout Beach and the Lagoon in Plettenberg Bay. It is the only Garden Route apartment complex in our top 10. Apartment prices there range from R3 million to R10 million.
V&A Marina Apartments
The V&A Marina Apartments are located on Dock Road next to the One & Only Hotel in Cape Town’s Waterfront district. Residents have easy access to the Waterfront shopping centre which they can walk to. It is arguably the most expensive address in SA, with apartments there fetching around R90,000 per square meter. Many of the owners there have their own yachts which they park in the marina.
The Pearls is located in Umhlanga, overlooking the main beach. It offers several types of units, ranging from beachfront garden apartments to sky-rise penthouses. Prices there range from R3 million to R30 million.