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Cape Town property market is a hot spot for local and international cash buyers The luxury market which suffered between 2017 and late 2020 has seen a real resurgence, predicting that Cape Town will see emerging interest from foreign buyers, with multiple flight routes direct into Cape Town confirmed for the tourist season ahead.Secure Tokai estate homes in demandPrices range from around R3m to R4.5m for a townhouse in Stonehurst Mountain Estate and R5m to R7m for a family home in Silvertree Estate.Luxury property market: What sets it apart is more than price What sets the luxury market apart is its independence from broader economic trends and understanding what drives this market requires looking beyond the numbers to the intangibles that define true luxury.