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R590,000

Monthly Bond Repayment R6,291.93
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Hotel Room For Sale Sectional Title Ownership

**SOLE MANDATE**


The hotel room is sold as a sectional title ownership located next to the beautiful George Golf Course.


You are entitled to 28 days of sheer indulgence every year. During these days, you can savour the luxury of your fully furnished suite at no additional cost, with only a nominal cleaning fee to consider. The best part? These days need not be consecutive, allowing you the flexibility to tailor your stays to your preferences, whether it's a long, relaxing retreat or several shorter, rejuvenating getaways.


Hotel facilities include communal swimming pools, children’s play area, restaurant, bar and lounge facilities.


You enter into a rental pool agreement and the rental of the room is managed by the renowned Marriott hotel group.


Your investment is not just about ownership; it's about shared prosperity. The ingenious rental system ensures that even if your unit remains unoccupied, you still reap the financial rewards. The income generated from all rented properties is pooled and 65 % of all net distributable income is divided pro rata among all owners.


If you are a lover of the Garden Route area and would enjoy yearly visits to our beautiful area this could be an ideal property. Located conveniently close to the George Airport and close to top golf courses. Contact us today for more information.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Reception Rooms
1
Furnished
Exterior
Pool
Yes
Sizes
Floor Size
37m²
Extras
Doorman • High Speed Internet • En-suite Bathroom • Near Golf Course • Built in Wardrobes • Playground • Pets Not Allowed • Air Conditioning Unit • Common Areas
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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

6,291.93

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