Property
South Africa

2

Beds

1

Baths

Apartment 2 beds 1 bath

About this property

This apartment is looking for an investor or first time buyer. Situated just a few minutes walk from the beachfront, this newly renovated apartment offers two large bedrooms, a kitchen, bathroom with shower and spacious lounge. The building is on a transport route and close to shopping centres.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge

Features & amenities

Beachfront accessNewly renovatedTransport routeShopping nearby

Price & ownership

Asking price R 470 000
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 470K
Taxes + legal + admin fees R 14,4K

Rough split: 97.0% purchase price, 3.0% buying costs.

  • Asking price R 470 000
  • Deeds Office (transfer) R 434
  • Conveyancing (est., incl. VAT) R 13 870
  • Deeds lodgement R 52
  • Total indicative R 484 356

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 4 438 /month

Total paid over 20 years (deposit + repayments): R 1 112 205

Deposit 10% · R 47 000
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 423 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 470 000