Property
South Africa

2

Beds

2

Baths

121 m²

Floor area

Apartment 2 beds 2 baths 121 m²

About this property

Overview

Huge size semi-penthouse at a bargain price. Urgent sale with price reduced by R400,000. Price includes transfer duties and all luxury furniture and electric appliances.

This is a premier investment opportunity on Blouberg Beachfront. The apartment offers 121 sqm of luxury living with a large open plan entertainment area overlooking the Blouberg beaches, the Bay and Robben Island.

Accommodation

  • Two large bedrooms with en-suite bathrooms
  • Designated parking bay in the basement
  • Visitors parking available

Features & Finishes

  • Designer finishes
  • Spectacular views across the Bay and Table Mountain
  • Panoramic views across Blouberg beaches and Table Mountain

Building Amenities

  • 24-hour concierge and security services
  • Indoor and outdoor pools
  • Free access to gym
  • Squash court
  • Outdoor braai area with panoramic views across the Cape Peninsula
  • Additional designated parking area for guests and visitors

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge

Features & amenities

BeachfrontSea viewsTable mountain viewsPoolGymSecurityConciergeBraai areaDesigner finishesEn suite bathrooms

Price & ownership

Asking price R 8 700 000
Price per m² R 71 901
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 8,7M
Taxes + legal + admin fees R 840,2K

Rough split: 91.2% purchase price, 8.8% buying costs.

  • Asking price R 8 700 000
  • Transfer duty (est.) R 734 356
  • Deeds Office (transfer) R 7 560
  • Conveyancing (est., incl. VAT) R 98 281
  • Deeds lodgement R 52
  • Total indicative R 9 540 249

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 82 157 /month

Total paid over 20 years (deposit + repayments): R 20 587 619

Deposit 10% · R 870 000
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 7 830 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 8 700 000