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R795,000

Monthly Bond Repayment R7,025.50
Calculated over 20 years at 8.75% with no deposit. Change Assumptions

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Monthly Levy
R1,700
Monthly Rates
R750

Excellent Beach front Investment

This beachfront apartment is ready for holiday letting with an excellent track record and confirmed bookings for 2019. The unit offers a stunning sea view, a large open plan lounge that leads to a balcony were you can enjoy the stunning views of the ocean. The newly renovated kitchen offers everything you need to prepare those special holiday meals.

The 2 bedroom are spacious and the main bedroom offers an en-suite. This apartment is within walking distance to the main beach and tidal pool and sold fully furnished. Lucien beach offers lifesavers, abolition blocks and a tidal pool

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
77m²
Land Size
1,791m²

Manaba Beach, Margate

Margate is a bustling holiday town on the KwaZulu-Natal south coast. Real estate and property investors can choose from houses, villas, apartments, townhouses, cluster developments, security villages, retirement complexes, guesthouses and vacant land. Although is essentially a holiday town, it is occupied virtually year round. St Michaels beach is a surfers paradise and there is a charming 9-hole golf course,...
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Everything you wanted to know about the sardine run
It's almost here! The sardine run is one of the more colourful events on KwaZulu-Natal's calendar. For years the migration of sardines down the coastline has left many in awe of nature. Residents and tourists flock to South Coast...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

7,025.50

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