Most Expensive Properties in Africa
Luanda, Angola, is ranked as the world’s most expensive city for expatriates, according to a survey by consulting firm Mercer. The high cost of living in Luanda is attributed to factors such as the concentration of goods and services, infrastructure recovery from civil war, and an influx of expatriates, particularly in the oil and diamond industries.
Clifton, a suburb in Cape Town, South Africa, is known for its extravagant mansions and is considered prime real estate due to its proximity to the ocean, mountains, and popular beaches. The average house price in Clifton is R43.9 million, with some properties selling for over R100 million.
Additionally, a house on Nettleton Road in Clifton is on the market for R160 million, making it one of the most expensive properties in South Africa.
