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Cape Town
Cape Town | Western Cape

The Zenith of

Estate Elegance

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RE/MAX Premier - Claremont
RE/MAX Premier - Claremont
Presented At
R9,495,000
Bedrooms
3
Bathrooms
2
Living
2,078
SQFT
Office
Washer Dryer
Laundry Room
Stone Countertops
Elevator
Garage
Balcony
Parking
Water View
Coastal
Beachfront
Mountain View
Investment Property
Renovated
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Cape Town, Western Cape, South Africa. , Cape Town , Western Cape

Rare opportunity in the Iconic Cinnabar

This exceptional modern apartment is one of the most sought-after units in the legendary Cinnabar building in Muizenberg. A true rarity, it includes one of only two double garages in the entire block, an additional single garage, plus two maid’s quarters (one converted from a storeroom) an unbeatable combination of space, security and value.

The apartment offers bright, open-plan living with beautiful natural light and sweeping mountain and False Bay views from its elevated position.

Featuring 3 well-sized bedrooms, 2.5 bathrooms and a practical kitchen, this home is perfect for families, professionals or investors seeking a spacious, secure seaside residence.

Located just minutes from Surfers’ Corner, Muizenberg Beach, cafés, restaurants and lifestyle amenities, the Cinnabar offers an unmatched blend of convenience and iconic coastal living.

Key Features:

  • 193 sqm modern apartment<br/>
  • 3 bedrooms, all generously sized<br/>
  • 2.5 bathrooms (2 full + guest)<br/>
  • One of only two double garages in the entire building<br/>
  • Additional single garage<br/>
  • Maid
  • Dedicated parking bay for guests<br/>
  • Bright open
  • Enclosed balcony / sunroom with views<br/>
  • Secure, well
  • Lift access<br/>
  • Prime location near Muizenberg beachfront and Surfers
  • Spacious primary residence<br/>
  • Lock
  • Holiday apartment<br/>
  • High

Exterior

Property

Gallery

3D Street View Tour

Map showing Cape Town, Western Cape, South Africa.

Property Location

Cape Town, Western Cape, South Africa., Cape Town Western Cape

Local Weather & Climate

Cape Town, Western Cape

Current Conditions Updated recently
68 °F
Few clouds
Feels Like 69°F
Humidity 88%
Wind 14 mph
Visibility 6.2 mi
Sunrise 4:44 AM
Sunset 5:06 PM
5-Day Forecast
Sat 14 Mar
Clouds
High 73°
Low 68°
Sun 15 Mar
Clouds
High 77°
Low 68°
Mon 16 Mar
Clouds
High 73°
Low 69°
Tue 17 Mar
Clouds
High 76°
Low 69°
Wed 18 Mar
Clouds
High 72°
Low 68°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Cape Town?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

R
%
R100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Cape Town. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $949,500,000 20% down ($189,900,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$81,590
$81,590/day
Your home may appreciate while you sleep
$572,701/week $2,481,705/mo $29,780,465/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$522.5M
vs
OWN 📈 +$741.1M
$741.1M Potential Equity
vs $522.5M lost to rent over 10 years
$189.9M Down Payment Growth
3.9x
10yr
$741.1M
8.1x
20yr
$1,534.4M
12.6x
30yr
$2,398.1M
Wealth Comparison
×5,710
Equivalent to 5,710 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $2,398.1M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $1,118.2M +18%
Market $1,293.1M +36%
Optimistic $1,492.1M +57%
$741.1M est. equity
20 Years
Conservative $1,316.9M +39%
Market $1,760.9M +85%
Optimistic $2,344.9M +147%
$1,534.4M est. equity
30 Years
Conservative $1,550.9M +63%
Market $2,398.1M +153%
Optimistic $3,685.0M +288%
$2,398.1M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Cape Town, Western Cape, South Africa features 3 bedrooms with 2,078 square feet of living space.
This property offers 2,078 square feet of living space.
This property is listed at $949,500,000, which equals $456930 per square foot.
Based on current market indicators, Cape Town shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Cape Town, Western Cape. The property is situated in an established neighborhood with convenient access to local amenities and services.
RE/MAX Premier - Claremont

RE/MAX Premier - Claremont

RE/MAX Premier - Claremont

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