Hannah Pirnie

Africa’s millionaire population is set to soar by 65% over the next decade, according to the newly released Africa Wealth Report 2025 by Henley & Partners and New World Wealth. This rapid growth is reshaping the continent’s economic map — and South Africa, with its thriving high-end real estate sector, stands to benefit significantly.

Nestled along South Africa’s scenic Garden Route, Mossel Bay offers a unique blend of coastal charm, small-town warmth, and modern convenience. It’s no wonder this picturesque town has become one of the Western Cape’s most desirable property destinations. From luxury golf estates to tranquil eco-developments, Mossel Bay’s residential estates cater to a wide range of lifestyles, whether you’re a retiree looking for peace and quiet, a family seeking safety and schools, or an investor eyeing the town’s growth potential.

The latest FNB Estate Agent Survey for the second quarter of 2025 reveals a slight cooling in South Africa’s residential property market. While activity and sentiment have dipped compared to the previous quarter, the affordable housing segment continues to shine, driven by interest rate cuts and increased demand from first-time buyers.