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R1,615,000

Monthly Bond Repayment R17,222.84
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,243.9
Monthly Rates
R991.7

Wake Up to Sunrises, Invest in Potential – Your Dream Home in Santini Village Awaits!

Sole Mandate


Features:
Bedrooms:2
Bathrooms:1
Parking:1 designated space
Floor:2nd (Top Floor)
Facing:North-East - Enjoy breathtaking sunrises over the bay and mountains from your living room!
Property Highlights:
Scenic Views:Wake up to the stunning vistas of the bay and surrounding mountains. The north-east orientation ensures you enjoy the beauty of the sunrise every morning.
Tenant Occupied:Currently leased with reliable tenants paying R 10,500.00 per month. The contract is valid until December 6, 2024, providing a steady rental income. Post this date, the tenants will vacate the property, providing you with the flexibility to rent it out during the lucrative December period or move in yourself.
Holiday Rental Potential:December 2024, the apartment is ideal for holiday rentals, making it a lucrative investment opportunity during the festive season.
Tenant Notice Period:Should the new owner wish to discontinue the lease, a 2-month notice period is required for the tenants.
Investment Opportunity:This property offers an excellent investment opportunity with current rental income and potential for higher earnings through holiday rentals. Located in the desirable Santini Village, the apartment provides comfort, convenience, and spectacular views, making it an attractive option for both long-term tenants and holidaymakers.
Don't miss out on this opportunity to own a piece of paradise!

Features

2
1
Pets Allowed
Yes
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
76m²
Extras
Brick • By the sea • Unfinished • Closed Circuit TV • Mountain • Balcony • North • Italian • North East • Safe Location • High Speed Internet • Near Medical Center • Unfurnished
 
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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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R

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

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

17,222.84

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