Property
South Africa

4

Beds

3

Baths

2

Parking

341 m²

Floor area

Apartment 4 beds 3 baths 341 m²

About this property

This exclusive Margate beachfront penthouse offers the ultimate in luxury living. Featuring 4 spacious bedrooms and 3 modern bathrooms, the unit is fully tiled throughout and finished with elegant chandeliers that bring an extra touch of class. Every detail has been carefully designed to combine style, comfort, and functionality in one exceptional home.

The open-plan layout creates a seamless flow throughout the apartment, where natural light and modern finishes meet. With 5 air conditioners to ensure comfort, aluminum window frames for durability, and an inverter to keep the lights on at all times, this home offers both sophistication and convenience. Every corner of this penthouse radiates exclusivity and refinement.

Perfectly positioned on the beachfront, this stylish property is truly a must-see. Whether you're looking for a luxurious holiday escape or an elegant permanent residence, this penthouse delivers it all.

Rooms & layout

Bedroom × 4
Bathroom × 3
Garage × 2

Features & amenities

BeachfrontPenthouseAir conditioningInverterModern finishesChandelierOpen planTiledAluminum windows

Price & ownership

Asking price R 6 100 000
Price per m² R 17 889
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 6,1M
Taxes + legal + admin fees R 536,6K

Rough split: 91.9% purchase price, 8.1% buying costs.

  • Asking price R 6 100 000
  • Transfer duty (est.) R 448 356
  • Deeds Office (transfer) R 5 301
  • Conveyancing (est., incl. VAT) R 82 853
  • Deeds lodgement R 52
  • Total indicative R 6 636 562

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 57 604 /month

Total paid over 20 years (deposit + repayments): R 14 434 997

Deposit 10% · R 610 000
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 5 490 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 6 100 000