south african property

Derek Keats / Flickr

The 15 suburbs where foreigners are snapping up South African property

There’s a lot of foreign money going into South African property, and these are the places enjoying all the attention.

south african property

Derek Keats / Flickr

After assuming the presidency, President Cyril Ramaphosa made it clear that South Africa is open to business for foreign investors. Judging by the South African property market, that call has been heeded.

BusinessTech shared a report by Lightstone Properties that has lifted the lid on the industry.

Overseas investment is being ploughed into the more plush, up-and-coming suburbs in the country. A whopping 83% of these transactions have been carried out in Gauteng (47%) and the Western Cape (36%), as foreign nationals look to secure their footing on our property ladder.

There was a whopping 42% increase in the amount of foreign-owned property registered in Mzansi, between January 2017 – January 2018. So, where are all these shrewd movers going?

South African property – Most popular suburbs in Johannesburg for foreign investors:

Lone Hill

Lone Hill, Johannesburg. (

Kyalami Castle once peaked the interest of Michael Jackson, if you believe the rumours. Lone Hill is one of the very few areas in Johannesburg based in a valley. Its picturesque location is drawing a record number of investors and property buyers from abroad.



The Bryanston Shopping Centre caters to the affluent community and its surrounding areas. The centre boasts 55 stores including beauty, fashion, food, services and more.


This leafy suburb to the north of Jozi boasts its own golf course and immediate access to the neighbouring hot-spot of Sandton. Whether it’s business or retail therapy, Parkmore is at the heartbeat of the city.


Fiends for neon lights and the city buzz will want to base themselves here. Another suburb nestled next to Sandton, Sunninghill appeals to foreign investors who want to live the quintessential Joburg lifestyle.



Security and safety is the name of the game here. Northcliff Ridge offers panoramic vistas of the Jozi Central Business District on one side, and grassy inclines on the other. Northcliff’s huge homes usually get the cash from abroad pumping into the industry.


Great views and a serene way of life prove irresistible to many investors looking for their own stake in the South African property market.


Parkhurst, Johannesburg.

The vibe of this cosmopolitan and endearingly-hipster location boasts coffee shops, quirky antique stores and boutique cafes that have created a little European corner in Mzansi.


Nature lovers, rejoice. This beautiful slice of suburbia is famous for its shrubbery and local wildlife. On a good day, you could easily spy a meerkat or guinea fowl on your way to work.

South African property – Most popular suburbs in Cape Town for foreign investors:


View of Table Mountain in the air from Table View, Cape Town, 2 July 2018.

Home to the marvellously-quaint Table View and the contrasting hive of activity that is Century City, Milnerton has proved to be the region’s most popular source of overseas property purchases in the last year.

Sometimes, it’s better to be on the outside looking in. That could well be the case, here. Views of Table Mountain, Cape Town’s city bowl and – on a clear day – Robben Island inspire investors to take a road less travelled.

Sea Point

Sea Point, Cape Town

Seafront properties are to foreign investors what lights are to moths. Bagging a property on the coast is always a winner, and there’s no better place for this than Sea Point. The suburb effortlessly blends a bustling city lifestyle with the chilled-out vibes of a seaside town.


Further inland, but just a stone’s throw from the city, is Rondebosch. Many feel this location is the perfect place to be for those working in the city. You’ve got your suburban comforts, yet Cape Town is on your doorstep.


Another hipster’s paradise, mainly due to its cinematic fame. The affectionately-abbreviated “Obvs” is often used for filming purposes, and most notably featured in an episode of Black Mirror. The glitz and glamour of this magnificently vibrant suburb has convinced investors to come and “set up shop”.


Kenilworth is a well-established part of Cape Town and homes here are large and expensive with extensive gardens. Across the railway line and south of Main Road, away from the mountain, Kenilworth still offers good value for money, turning heads from all corners of the globe.


Newlands, Cape Town

A sporting haven and student favourite, Newlands is a great business opportunity for investors from abroad. It’s rowdy on matchdays and tranquil at all other times.


kloof street stabbing
mallix / flickr

Another suburb with unmistakably European influences, Tamboerskloof is – for lack of a better term – really cool. Bars, shops and restaurants are all within a brisk walk of your doorstep, in a location carved into the beauty of Signal Hill.