The prices of properties in Cape Town’s Green Point suburb on the Atlantic Seaboard has been doubling over the last five years, according to a report by BusinessTech.

And it’s no wonder: buyers, investors and developers have outdone themselves by building designer properties that have cemented Green Point’s profile.

Uber-luxury villas going up to R20 million-plus, modern apartment complexes pulling in between R90 000 and R120 000 in monthly rentals, and Victorian-style cottages all make for decent investment opportunities.

Take this house that we found on Seeff Properties’ website, for example: it’s a super luxury, triple-storey villa that’s got epic sea views, top-class designer furnishings and an elevator.

The rental price for all this class? R120 000 per month.

Let’s take a look inside this very extra villa:

[The house] is situated at the highest point of Green Point in a quiet cul-de-sac with no houses behind you.

This home is newly built with stupendous views over Cape Town.

Seriously, you virtually have all of Cape Town at your feet.

And if you ever get tired of the view on the front stoep, you certainly won’t get tired of the view sitting in one of your two designer living rooms.

There’s four bedrooms in this place, plus four bathrooms. This bathroom pictured here will ensure you’ll have a pleasurable bathing experience in, uh, privacy, and if anything goes on at Cape Town Stadium, you’re guaranteed to catch all the action.

It is spread out over three levels and has an elevator for easy access.

In case you don’t feel up for walking, at least you’ve got a handy elevator, just by the way. You also have a garage and two parking spaces.

Sweet.

So, if you’re keen to splurge R120k per month for a spot on the Atlantic Seaboard, you’re in luck.

See the full listing here.

[source:businesstech]