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R780,000

Monthly Bond Repayment R7,656.82
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R4,340
Monthly Rates
R960

Reduced! Prime Holiday Apartment Margate North Beach

Reduced! Margate's north beach is famous for its luxury holiday resorts. Direct access to the shoreline a distance away from the madding crowd you are in easy reach of malls and amenities. This apartment is located in the lower section of this famous destination giving quick access to all that's laid on. Heated pools, games room, restaurant, childrens' play areas, putt putt, beachfront, garages are effortless to enjoy.. Pristine finishes, comfortable furnishings are included. Self-manage your holiday letting income advantage, or join the rental pool to recover all costs levies and scoop the cream. The complex is fully managed for your convenience under the body corporate.
VERY IMPORTANT: THE LEVY IS PAID FROM THE RENTAL INCOME. THE OWNER DOES NOT HAVE TO BUDGET MONTHLY FOR THE LEVY. IN THE RENTAL POOL, AN ANNUAL DIVIDEND IS PAID BACK TO THE OWNER FROM THE PROFITS. IT IS CASH IN THE BANK

This sublime apartment offers

Magnificent sea views
Extraordinary holiday memories
Complete furnishings
Main bedroom
Main en suite
2nd Bedroom
Family bathroom
Linen cupboards
Wrappe Bic's
Granite and cherry wood finish kitchen
Airy lounge
Private balcony
Perfect views

Features

2
2
1
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garage Bays
1
Carports / Parkings
1
Security
Yes
Pool
Yes
Views
Yes
Sizes
Floor Size
85m²
Extras
All furnishings, appliances and equipment included, except personal effects
 
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R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

7,656.82

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