Hout Bay’s Famous Castle Sold for R23m
Author: Lew Geffen Sotheby's International Realty | Published: November 26th, 2012
The beautiful Western Cape village of Hout Bay boasts many remarkable homes, but none so eye-catching and well known as The Castle, situated high up against the Karbonkelberg mountainside overlooking the beach and the bay.
Run as a guesthouse and owned for many years by a foreign company, this local ...
Top-end property sales grow
Author: Lew Geffen Sotheby's International Realty | Published: November 26th, 2012
TOP-END residential property sales are on the rise in East London as the city attracts affluent upcountry buyers pursuing a beach and river lifestyle . Residential properties are considered “upmarket” when priced from R3.5-million upwards in East London. In some of the country’s most affluent suburbs, such as ...
Lew Geffen celebrates 30 successful years in business
Author: Lew Geffen Sotheby's International Realty | Published: November 26th, 2012
South Africa has been staggering under the 4th year of a global recession that has affected every industry – not least of all the property market.
While buyers have been blessed with an interest rate that is the lowest in decades, the sharply rising prices of ...
Atlantic seaboard winter sales
Author: Lew Geffen Sotheby's International Realty | Published: November 16th, 2012
Freezing weather has not been the usual off-season deterrent to property sales in Cape Town this winter, as evidenced by a flurry of sales just concluded in Camps Bay by Sotheby’s International Realty.
These include a property sold for R22 million and seven other homes sold for an average of ...
What’s in store for 2013?”
Author: Lew Geffen Sotheby's International Realty | Published: November 16th, 2012
Lew Geffen, chairman of Sotheby’s International Realty in South Africa, says he expects a “much more buoyant” residential property market next year.
“The recession is over, not only economically but also psychologically, and consumers are now much more confident about moving on with their ...

Lew Geffen has been in the real estate industry since 1972, is recognised as one of the leading experts in property in South Africa and holds many directorships in associated real estate and allied industries.



