69ce446b2090fd5ed22cca89
South Africa

3

Beds

2

Baths

2

Parking

139 m²

Floor area

Apartment 3 beds 2 baths 139 m²

About this property

This beautiful apartment offers breathtaking sea views and a modern layout, perfect for comfortable coastal living. The spacious rooms and open design create a bright, airy feel throughout the home. A lovely sun lounge allows you to relax and enjoy the ocean breeze all year round. Just a short walk to Margate Beach, this apartment is ideally located for beach lovers and holidaymakers alike.

It's also close to all major amenities, including shops, restaurants, and medical facilities, making everyday living easy and convenient. Whether you're looking for a permanent residence or a holiday getaway, this safe and secure apartment is an excellent investment. It also has great potential as an income generator, especially for short-term rentals or holiday accommodation.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Living room × 2
Garage × 2

Features & amenities

Sea viewsOcean breezeBeach accessSecurityHoliday rental potentialModern layoutSun lounge

Price & ownership

Asking price R 900 000
Price per m² R 6 475
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 900K
Taxes + legal + admin fees R 21,2K

Rough split: 97.7% purchase price, 2.3% buying costs.

  • Asking price R 900 000
  • Deeds Office (transfer) R 782
  • Conveyancing (est., incl. VAT) R 20 355
  • Deeds lodgement R 52
  • Total indicative R 921 189

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 8 499 /month

Total paid over 20 years (deposit + repayments): R 2 129 754

Deposit 10% · R 90 000
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 810 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.