The 300-year-old South African fishing town where luxury homes now sell for R40 million

• Yzerfontein, a 300-year-old South African fishing town, is now a premium property destination where luxury homes can sell for up to R40 million.
• The town's history dates back to 1732, and it has evolved from a small fishing and farming settlement into a sought-after coastal town, retaining many reminders of its historic past.
• The increasing demand for luxury properties in Yzerfontein is driven by foreign buyers, with around 50% of owners from the Western Cape, 30% from upcountry provinces, and 20% from other countries.