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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.Renting to Owning: Tips for first-time homebuyersThe recent interest rate cuts have brought down the cost of home loans making homeownership a little more accessible for first-time home buyers. Given that prices have remained fairly flat over the last two years, now might just be a great time to take the leap to homeownership.