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Cape Town’s luxury homes still offer ‘great value’In London, R30m can buy a three-bedroom semi-detached house in trendy Camden, while in Cape Town’s Noordhoek it gets you an absolutely lavish mansion…Global prime property hotspots Cape Town was the top ranked African holiday hotspot, 47th on the global list, and Monaco tops the list in the Top 20 holiday hotspots for the rich.Capital gains tax in South Africa: What you need to know In South Africa, Capital Gains Tax (CGT) applies to the disposal of various types of assets, including immovable property.