Property
South Africa

2

Beds

1

Baths

1

Parking

63 m²

Floor area

Commercial 2 beds 1 bath 63 m²

About this property

Embrace a vibrant retirement lifestyle in this charming 2-bedroom, 1-bathroom apartment located in the sought-after Evergreen Muizenberg Lifestyle Village. Perfect for retirees, this home features a spacious open-plan design, a modern kitchenette, and a comfortable living area filled with natural light.

The two well-sized bedrooms provide flexibility, whether you need space for visiting family, a home office, or hobbies. The bathroom is thoughtfully designed for accessibility, ensuring convenience and comfort.

As part of the Evergreen Muizenberg community, you'll enjoy 24-hour security and access to exceptional facilities, including a clubhouse, restaurant, fitness centre, and beautifully landscaped gardens. With the beach and shopping centres just minutes away, you'll have everything you need for a fulfilling and relaxed retirement.

Sold as a life right. This retirement property is offered on a life right basis, providing a secure and hassle-free way to enjoy your golden years. With no transfer duties or ownership complexities, the life right model ensures peace of mind while allowing you to focus on living your best retirement lifestyle.

Rooms & layout

Bedroom × 2
Bathroom
Kitchen
Lounge
Garage

Features & amenities

Retirement village24 hour securityClubhouseRestaurantFitness centreGardensBeach accessOpen plan designAccessible bathroomLife right

Price & ownership

Asking price R 1 850 000
Price per m² R 29 365
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 1,9M
Taxes + legal + admin fees R 62,6K

Rough split: 96.7% purchase price, 3.3% buying costs.

  • Asking price R 1 850 000
  • Transfer duty (est.) R 24 786
  • Deeds Office (transfer) R 1 608
  • Conveyancing (est., incl. VAT) R 36 110
  • Deeds lodgement R 52
  • Total indicative R 1 912 556

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 17 470 /month

Total paid over 20 years (deposit + repayments): R 4 377 827

Deposit 10% · R 185 000
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 1 665 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 850 000