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R2,200,000

Monthly Bond Repayment R23,841.56
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Levy
R4,300
Monthly Rates
R2,500

Large beachside apartment with magical ocean and beach views

This spacious beachfront apartment located in an upmarket 24hr security complex, consists of a large air-conditioned living area comprising of a modern kitchen with granite counter tops, dining room with a built in gas braai, lovely solid wood bar and a lounge, all leading out onto a wraparound patio with panoramic ocean views.

The air-conditioned master bedrooms has a full en-suite bathroom as well as direct access out onto the patio. The other 2 bedrooms are services by a family bathroom. The unit has a tandem garage and the complex offers lifts and a beautiful swimming pool with braai areas. Ideal income generator.

Features

3
2
1
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
3
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
202m²
Land Size
6,269m²

Margate, 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. Margate is a coastal resort town in the Kwa-Zulu Natal province, about 20...
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In the news

Spectacular new eco-estate launched on the KZN South Coast
Margate on the beautiful KZN South Coast is home to a spectacular new 120ha eco-estate, Serenity Hills. This is welcome news for the area given the high demand for sustainable living, says Michelle Harris, licensee for Seeff...
 
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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

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Monthly Payment

23,841.56

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