Property
South Africa

2

Beds

1

Baths

1

Parking

80 m²

Floor area

Apartment 2 beds 1 bath 80 m²

About this property

Overview

This 3rd floor apartment offers contemporary design and secure living in a well-located complex. Perfect for first-time buyers, investors, or those seeking a coastal holiday getaway or permanent residence.

Features

  • 2 Bedrooms
  • 1 Bathroom with washing machine and tumble dryer point
  • Open plan lounge and dining area
  • Kitchen
  • Large balcony with built-in braai and ocean views – ideal for entertaining
  • 1 parking bay

Amenities & Security

  • Communal swimming pool
  • Gated access control for secure living

Location

Within walking distance to Laguna Mall and Club Mykonos. Easy access to all local amenities.

Rooms & layout

Bedroom × 2
Bathroom
Lounge
Dining Area
Kitchen
Parking
Garage

Features & amenities

Ocean viewsBraaiBalconySwimming poolSecure livingGated accessCoastal

Price & ownership

Asking price R 1 550 000
Price per m² R 19 375
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 1,6M
Taxes + legal + admin fees R 42,9K

Rough split: 97.3% purchase price, 2.7% buying costs.

  • Asking price R 1 550 000
  • Transfer duty (est.) R 10 200
  • Deeds Office (transfer) R 1 347
  • Conveyancing (est., incl. VAT) R 31 280
  • Deeds lodgement R 52
  • Total indicative R 1 592 879

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 14 637 /month

Total paid over 20 years (deposit + repayments): R 3 667 909

Deposit 10% · R 155 000
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 1 395 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

R 1 550 000