09-06-2025
- Business
- The South African
The small seaside village in SA where foreigners love to live
A stunning seaside village in the Western Cape saw the highest proportion of foreign property buyers in South Africa last year.
According to BusinessTech and the latest property data from Lightstone Property, Scarborough in Cape Town had over half of its homes sold to foreigners last year.
The data also revealed that the Western Cape was the preferred destination for foreign property buyers in South Africa, with the province having the top 22 suburbs with the highest proportion of foreign purchasers.
Scarborough is a small, picturesque seaside village which sits on the southern tip of the Cape Peninsula. The suburb forms part of the City of Cape Town metropolitan area but maintains a distinctly rural and tranquil atmosphere.
The suburb is also declared a conservation village, which means strict regulations are in place to protect the natural environment.
The average property price in Scarborough has greatly increased over the past decade, data has also shown, with the average price sold from R2.30 million in 2016 to R7.85 million as of 2025 – a whopping 241% increase.
Foreign property buyers are also flocking to Chapmans Peak, Bakoven, De Waterkant, and Cape Town Centre, BusinessTech has reported.
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