Inside SA's most expensive house, on sale for R230m - but you will have to wait till 2024 to move in

This article forms part of the archives of Business Insider South Africa, which was published as a partnership between News24 and Insider Inc between 2018 and 2023.

• This seven-bedroom planned villa in Cape Town is deemed the most expensive property now for sale in South Africa, even though the houses on it have not been built yet.
• It is due to feature a four-bedroom villa as well as a three-bedroom penthouse, which can be bought as a package or separately.

• Purchasing the villa as one will cost R230 million, while buying either the villa or penthouse separately will cost R115 million each.
• Construction is only due to start when someone signs on the dotted line.

A planned seven-bedroom villa in Cape Town, deemed the most expensive house you can currently buy in South Africa, is on sale for R230 million – but construction will start only after a deposit has been received, with completion expected in 2024.

The Sky Is The Limit complex, which is due to consist of a penthouse and villa, will be situated in Clifton, one of the wealthiest neighbourhoods in the Mother City. It overlooks the beaches in Clifton, Camps Bay, and Table Mountain National Park.

Even at full asking price, the property will not be setting a South African record, though; in 2016 a Bantry Bay property sold for R290 million.

Other residential properties intended for the use of a single-family have sold for well over R100 million.

The 504-square-metre planned penthouse is due to offer a TV room, a study, three lavish en-suite bedrooms, laundry, and a storeroom. It will also have a deck that comes with an infinity pool.

The villa is due to be fitted with natural stone, softwood, marble, and glass. It will feature four spacious en-suite bedrooms, a study, a TV room, its own laundry, and a storeroom. Outside is due to be a patio, a private garden, and an oversized pool.