2
Beds
2
Baths
2
Parking
120 m²
Floor area
About this property
Overview
Absolute value for money, this spacious 2-bedroom, 2-bathroom apartment offers exceptional affordability and lifestyle benefits. Ideal as a holiday apartment or a retirement unit with affordable levies.
Features
- 2 bedrooms and 2 bathrooms
- First-floor unit with 15-foot-wide balcony — perfect for entertainment and relaxing
- Sea views from the balcony
- Connected water tank
- Communal braai area
- Swimming pool
- Exceptional security
- Furniture optional
Location
Just five minutes to Margate's Main Beach with easy access to all central amenities.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.6% purchase price, 2.4% buying costs.
- Asking price R 760 000
- Deeds Office (transfer) R 660
- Conveyancing (est., incl. VAT) R 18 262
- Deeds lodgement R 52
- Total indicative R 778 974
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
Total paid over 20 years (deposit + repayments): R 1 798 459
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 684 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 760 000