Rapallo, Sea Point: apartment prices, October 2026
292 Beach Road, a sectional-title scheme registered in 1997. Every sale registered here since January 2023, with the price per m², the trend and what a unit would rent for.
26 sales recorded in Rapallo since 2023, median price R3.52m.
Data: City of Cape Town public records, 26 registered sales, last updated October 2026.
By Samantha, Sellect · Sales registered Feb 2023 to May 2026 · Updated 21 October 2026 · MethodRapallo in 60 seconds
City of Cape Town registered sales · method at the bottom of the pageAbout Rapallo
An apartment block on Beach Road, Sea Point's seafront road, with ocean-view apartments. Among 108 Sea Point buildings with at least five sales since 2023, Rapallo ranks below the neighbourhood median by price per m² (number 58). Two units were bought and resold within the period. Flats sold here since 2023 are mostly two- and three-bedroom sizes: a median of 84 m², from 27 m² to 145 m². The highest price registered here since 2023 was R8.50m, for a unit of 107 m², in Nov 2024.
What Rapallo sells for
Medians of registered sales. With a handful of sales a year, the mix of units sold moves these figures: read the trend with care.
Apartments in Rapallo sell for about 22 % less per m² than the Sea Point median, a way into the neighbourhood below its usual price level. Units sold range from 27 m² to 145 m², with a median of 84 m². 26 sales were registered since January 2023, the most in 2024 (10). The median price per m² moved from R40,400 in 2023 and 2024 to R48,600 in 2025 and 2026, +20 %. Since July 2025, units here sold for a median of +17 % their 2025 municipal value.
Floor, view and condition move the price of each unit: value your apartment in Rapallo against these sales, free.
Median price per m² by year
Number of sales under each year. 2026 is partial.
Against the neighbourhood
Median price per m², sales since January 2025 where available. Sea Point median: apartments sold since January 2025.
| Year | Sales | Median price | Median price per m² |
|---|---|---|---|
| 2026 | 3 | R4.10m | R63,303 |
| 2025 | 6 | R3.60m | R46,045 |
| 2024 | 10 | R4.17m | R35,804 |
| 2023 | 7 | R2.50m | R40,984 |
Every sale registered in Rapallo since 2023
Month of registration, unit size and price, as published by the City of Cape Town. Unit numbers and owners are not shown.
| Registered | Size | Price | Price per m² |
|---|---|---|---|
| May 2026 | 109 m² | R6.90m | R63,303 |
| Apr 2026 | 61 m² | R2.50m | R40,984 |
| Apr 2026 | 61 m² | R4.10m | R67,213 |
| Nov 2025 | 61 m² | R3.07m | R50,328 |
| Aug 2025 | 84 m² | R5.10m | R60,714 |
| May 2025 | 72 m² | R3.50m | R48,611 |
| Mar 2025 | 92 m² | R4.00m | R43,478 |
| Mar 2025 | 90 m² | R3.70m | R41,111 |
| Jan 2025 | 107 m² | R2.80m | R26,168 |
| Dec 2024 | 61 m² | R2.25m | R36,885 |
| Dec 2024 | 145 m² | R4.80m | R33,103 |
| Dec 2024 | 92 m² | R6.00m | R65,217 |
| Nov 2024 | 122 m² | R3.55m | R29,098 |
| Nov 2024 | 107 m² | R8.50m | R79,439 |
| Nov 2024 | 84 m² | R2.50m | R29,762 |
| Aug 2024 | 107 m² | R5.40m | R50,467 |
| Jun 2024 | 72 m² | R2.50m | R34,722 |
| Apr 2024 | 92 m² | R6.70m | R72,826 |
| Feb 2024 | 61 m² | R1.90m | R31,148 |
| Dec 2023 | 47 m² | R1.90m | R40,426 |
| Nov 2023 | 84 m² | R2.35m | R27,976 |
| Jun 2023 | 61 m² | R2.50m | R40,984 |
| May 2023 | 92 m² | R4.35m | R47,283 |
| May 2023 | 27 m² | R800k | R29,630 |
| Mar 2023 | 92 m² | R4.20m | R45,652 |
| Feb 2023 | 72 m² | R3.00m | R41,667 |
What a unit in Rapallo would earn
Estimates, not observed rents: Sellect model from the price level, the same as in your free report.
Rent for a median unit
A 84 m² unit at the building median of R3.52m would rent for about R23,300 a month: a gross yield of about 7.9 % and about 5.1 % net, after rates, levies, management and empty months.
Rates at the City’s 2026/27 residential rate, levies estimated at R45 per m² a month, management 8 %, vacancy 4 %.
Value your flat in Rapallo
Your floor, view, size and condition move the price. Your free report compares your unit with every sale in Rapallo and gives a value range, the rent and the net yield, in 60 seconds.
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Frequently asked questions
How much does an apartment in Rapallo cost?
Since January 2023, 26 apartments were registered as sold in Rapallo, Sea Point, at a median of R3.52m for 84 m², or R41,400 per m². Prices ranged from R800k to R8.50m.
Is Rapallo expensive for Sea Point?
Units in Rapallo sell for a median of R48,600 per m², 22 % below the Sea Point apartment median of R62,000 per m² for sales since January 2025.
What rent can I get for a flat in Rapallo?
About R23,300 a month for a 84 m² unit, a gross yield of about 7.9 % (5.1 % net). This is a Sellect estimate from the price level; your free report adjusts it to your unit.
Where do these figures come from?
From sales registered at the Deeds Office and published by the City of Cape Town, analysed by Sellect. Bundles, parking bays, storerooms and implausible prices are excluded. Figures are medians and indicative, not a valuation.