# Cape Town’s property market is thriving, fueled by digital nomads bringing billions in economic growth. Prop-tech firm Launchbase reports over 4.8 billion-rand in transactions in 2024, driven by remote workers seeking high-end rentals. The city’s Nomad Week highlights its strategy to attract global talent. While concerns exist over affordability, experts say the trend boosts development, job creation, and local investment.
Digital nomads drive Cape Town’s property boom