Property Flash


The CCID and City are fostering a dynamic hub for working, living and playing

Back in the 90s and early 2000s, software engineers weren’t really considered cool or trendy. They pumped out code and drank litres of coffee. A couple of decades later, some of the savviest people in business are tech entrepreneurs who work at their own pace in some of the most exotic locales on our blue planet and it just so happens that there is such a spot at the tip of Africa.

Digital nomads are now finding themselves in cosmopolitan cities which meet their diverse needs and one city which genuinely stands out as a sexy new kid on the block is Cape Town.

This is a gorgeous city which draws the eye of tourists from across the globe. It is the best-governed city in SA with its CBD standing out for being the best managed. Cape Town’s Central City Improvement District (CCID) is one of the main organisations which works to ensure that the CBD functions at a top-class standard. The CCID, a not-for-profit private-public company – does its utmost to keep the CBD safe and clean.

The CCID works in tandem with the City of Cape Town to make the city centre liveable and workable – and a desirable place to visit.

One Thibault Residence

It’s no coincidence then that all kinds of entrepreneurs who can work remotely are finding themselves in Cape Town. These people run their own businesses or the African, Middle Eastern and emerging offices of a multinational, for example. They are attracted to lifestyle and business culture, both of which Cape Town has aplenty.

Smart citizens want foreign talent to embrace their city, which is why there are numerous information portals and resources which people can use before they travel to the city. Digital nomads are also able to communicate any concerns which they may have to the City and the CCID.

It’s also a city which is relatively affordable for Europeans and Americans. These people can work from anywhere in the world. They are choosing to stay in a beautiful city, often living within or near the CBD. They like the walkability of the city and access to high-quality amenities.

A digital nomad visa program is also in the works, which will help it to attract the best talent from around the world.

The visa will allow remote workers to stay in South Africa for longer periods than previously, allowing them to spend more time on projects. Currently, foreigners are allowed to stay for 90 days, but with the digital nomad visa they’ll be allowed to stay there for longer.

Developers and property managers are also noticing that digital nomads are embracing Cape Town, and are tailor-making living and working spaces for them.

The Box Office

Murray Clark, CEO and founder of property development company Neighbourgood, says digital nomads are looking to the living and working spaces designed and managed by his company. In the Cape Town CBD.

Neighbourgood which launched in June 2020, owns 500 living units and 500 working stations spread across buildings in Cape Town. In the CCID’s inner-city footprint, this includes Neighbourgood East City (formerly the iconic Townhouse Hotel), and Neighbourgood Reserve in Adderley Street, both thoughtfully designed developments that include living and working spaces with exceptional amenities, and a connected community.

As with other developments that cater for digital nomads, they are integrated inner-city spaces that provide fully furnished living and working spaces with flexible lease terms and superior amenities.

“We have an assortment of people living and working in our buildings. Many of these people are nomads who typically work remotely in tech-related jobs for a large multinational or for themselves. Cape Town is the kind of city which offers what these people desire in terms of lifestyle. At Neighbourgood, we do our utmost to ensure that the services we provide are world class and suit these people’s needs,” says Clark.

The Cape Town CBD has attracted numerous advertising and production agencies as well as all kinds of other creative businesses. Streaming content providers including Netflix and Showmax which are developing films and series in the city often work with freelancers including animators, sound and video editors and back-end tech support, all of whom are people living digital nomad lifestyles. They may find themselves living in New York, Berlin, Helsinki and now, Cape Town.

Neighbourgood East City

“I’ve found that our tenants work for newly formed businesses which often operate in new industries. These businesses perhaps think differently from older businesses. If you look at Johannesburg, you probably find older businesses where the approach to business includes more traditional thinking. These may be businesses which operate out of large offices, employing thousands of people. There are different approaches to renting offices for businesses and I believe that the Cape CBD caters in many ways for this, but especially for a smaller business, a one-person show,” says Clark.

Digital nomads build communities where their businesses collaborate with each other. Being able to access professionals and specialised people just a few hundred metres away is very useful.  A software developer could find an animator for example working in the same co-working space.

One of Neighbourgood’s properties is Neighbourgood Bree Street Workspace; one of 19 co-working spaces in the Cape Town CBD.

“It’s one of our properties which is popular with digital nomads. The position is in a commercial hub of the city. We find nomads typically stay here for a period of two weeks to a few months. Many want to stay longer and would do say if they had a nomad visa,” says Clark.

Rob Kane, CCID chairperson and CEO of Boxwood Property, a landlord which owns an assortment of commercial buildings across the CBD, agrees that co-working spaces are thriving.

“Our offices include shared workspaces in their offering. All of these are full. We are bringing in new restaurants, bars and other services as the precinct around us develops,” says Kane. Boxwood’s flagship building in the city centre, The Box, has a waiting list for its co-working space, The Box-Office.

Adding to its allure are the bird’s-eye views of Table Mountain, Lion’s Head, the Atlantic Seaboard and the ocean beyond.

This is also one of the many attractions of One Thibault (formerly BP Centre), the tallest residential building in the Mother City. Grant Elliott, COO of Thibault Investments, says the iconic city-centre development – which was transformed in 2022 from a commercial into a mixed-use building with half-commercial, half-residential letting space that includes an aparthotel and Airbnb – has become very popular with business travellers, including digital nomads. There are 257 luxury suites available for short or long-term lets through ITC Hospitality.

Says Elliott: “Digital nomads are attracted to the quality of the accommodation including the ability to self-cater if needed, high-speed uncapped internet as well as the spectacular views. One Thibault is also situated on the Foreshore in the CCID’s footprint, so the area is safe and clean, and it’s also close to amenities and transport.”

One Thibault Residence

Cape Town is also the heartbeat of the Western Cape economy. “The city and the province are poised for better economic growth than the rest of the country,” says Elliott.

It’s certainly vibey and trendy and stands out as a destination of choice for businesspeople, tech wizards and dynamic entrepreneurs. The CCID and the City have created a wonderful offering which is drawing the best in global talent.

There is an abundance of quality accommodation options located close to a plethora of restaurants, cultural venues, bars, and parks. 

Any digital nomad or business traveller should make a visit to Cape Town’s inner city and see for themselves.   

Paid for editorial for The Cape Town Central City Improvement District (CCID)

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