Presidential property: What it costs to become Cyril Ramaphosa’s neighbour
· The South African
President Cyril Ramaphosa is the country’s first billionaire president.
In 2015, Forbes listed the then-vice president’s net worth as $455 million (R5.6 billion)
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With these billions, he’s acquired a sprawling property portfolio.
A president with a vast property portfolio can be good news. It means you have multiple chances to rub shoulders with the nation’s most important man.
This is what it will cost.
How Much You’ll Need to Buy a Presidential Property
According to publicly available records, Ramaphosa’s properties aren’t currently on the market.
That means you can’t buy his presidential property.
However, you could choose to live in the neighbourhoods Ramaphosa calls home.
Fresnaye, Cape Town
In 2010, Ramaphosa picked up two adjoining plots in Fresnaye.
Ramaphosa described these hillside properties as his retirement residence.
Since buying the property in Fresnaye, housing prices in the area have surged 300%.
Today the average home in Fresnaye sells for R23 million, based on the 37 sales this year.
The most affordable property for sale is a 25-square-metre 1-bedroom flat, listed for R3.3 million.
To live on the same street as Ramaphosa, you’ll need between R23 and R66 million.
If that’s out of your price range, renting might be within reach.
Flats in the exclusive suburb rent starting at R17 900 for a 1-bedroom.
For more space, you can get a 4-bedroom house for R63 000 a month.
Hyde Park, Sandton
The average house price in Hyde Park is R2.7 million, down from R3.3 million in 2025.
You can get a 1-bedroom flat in Hyde Park for R830 000.
If you choose to live in Hyde Park, you’ll have to contend with the president’s convoy, since he reportedly prefers his private residence when he’s in the area.
Rent for a 2-bedroom flat in Hyde Park starts at R12 000 a month.
If you want to live with the area’s elite, you can rent an 8-bedroom home for R149 000.
Dwaalboom, Thabazimbi
Dwaalboom, where Phala Phala is located, should be your choice if you’re searching for a quiet life away from a major metro.
The area is only 92.6 kilometres from the Botswana border and is known for its game farms.
In this neighbourhood, you can buy a 922-hectare game-and-bowhunting farm for R13.6 million.
The rates and taxes are a reasonable R3 000.
If you’re on a stricter budget, you can still get an 8.5-hectare farm for R1 750 000.
There haven’t been any sales in Dwaalboom this year.
However, when two properties sold in the area last year, the average sale price was R762 000.
Those curious about where Ramaphosa buys his couches will be disappointed.
There isn’t any public information on that.
Cyril Ramaphosa’s Neighbourhood Prices
AreaAverage House PriceStarting PriceFresnayeR23 millionR3.3 millionHyde ParkR2.3 millionR830 000DwaalboomR762 500R1 750 000