Property
South Africa

2

Beds

2

Baths

2

Parking

101 m²

Floor area

Apartment 2 beds 2 baths 101 m²

About this property

Investor Buyers take note the Unit is currently Tenanted.

This modern two-bedroom apartment in Elaleni Coastal Forest Estate is a single-level unit with high-end finishes throughout. It includes an open-plan living and entertainment area at the entrance that leads out onto a private balcony. The main bedroom has balcony access and an en-suite bathroom.

Residents have access to Elaleni's communal facilities, including a private Beach Club, Forest Clubhouse, forest running/walking trails, Leisure Centre, Harvest Barn with a gym and restaurant, and dedicated kids' play areas.

Situated just 40 km North of Durban, on the magnificent shores of the Dolphin Coast, Ballito is one of the fastest-growing towns in South Africa. The coastline is a tourist haven, with an amazing array of wildlife as well as dolphin and whale viewing. Due to the growth, Ballito has now acquired a large permanent resident population, and all necessary amenities are close at hand.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Balcony
Garage × 2

Features & amenities

Beach ClubForest trailsGymRestaurantBalconyEn suiteTenanted

Price & ownership

Asking price R 2 450 000
Price per m² R 24 257
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 2,5M
Taxes + legal + admin fees R 109,6K

Rough split: 95.7% purchase price, 4.3% buying costs.

  • Asking price R 2 450 000
  • Transfer duty (est.) R 63 200
  • Deeds Office (transfer) R 2 129
  • Conveyancing (est., incl. VAT) R 44 195
  • Deeds lodgement R 52
  • Total indicative R 2 559 576

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 23 136 /month

Total paid over 20 years (deposit + repayments): R 5 797 663

Deposit 10% · R 245 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 2 205 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 2 450 000