2
Beds
2
Baths
2
Parking
About this property
This beautiful 2-bedroom, 2-bathroom apartment in Margate offers both comfort and convenience, located just a 2-minute drive from the popular Margate Blue Flag Beach. The apartment is situated in a well-maintained complex, close to schools, hospitals, and shopping centres. The main bedroom features built-in wardrobes and a newly renovated en suite bathroom with a modern shower. The second bedroom has spacious built-in cupboards and a newly renovated en-suite bathroom, making it ideal for guests or family. The open-plan kitchen is fitted with built-in cupboards, an under-counter oven and hob, and a peninsula that flows into the lounge and dining area. The living space opens up to a covered patio, perfect for relaxing or entertaining, complete with a built-in braai area. This apartment is ideal for comfortable living or as a holiday retreat. The complex is clean and secure, with beautifully maintained surroundings. Whether you're looking for a permanent home or a coastal investment, this apartment ticks all the boxes.
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: 97.7% purchase price, 2.3% buying costs.
- Asking price R 1 300 000
- Transfer duty (est.) R 2 700
- Deeds Office (transfer) R 1 130
- Conveyancing (est., incl. VAT) R 27 025
- Deeds lodgement R 52
- Total indicative R 1 330 907
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 3 076 311
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 1 170 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 1 300 000