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R1,150,000

Monthly Bond Repayment R12,066.44
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R1,726
Monthly Rates
R770

IDEAL INVESTMENT OR A HOLIDAY HOME

Beautifully renovated 4th Floor Air BnB Apartment with lovely Sea views situated on the spectacular
Durban Beacfront.
The apartment is fully furnished to host 6 guests with top of the range amenities, in a very popular holiday letting complex.
The attention to detail in the styling of the unit, and choice of furniture and amenities, gives this much sought after apartment the home away from home ambience.
A mere 100 meters away, and a walk across the road to the shoreline adds to the appeal and splendour of this flat.
Sand, Sea, Surf and Safety are all the pre-requisites for an unforgettable holiday in Durban, and this lovely investment apartment ticks all these boxes.
Be my guest and let me introduce you to your next investment.

Features

1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Security
Yes
Sizes
Floor Size
54m²

South Beach, Durban

Durban has an interesting history, Vasco da Gama’s passing in 1497, Lieutenant Farewell and Shaka. In 1823 Farewell took part in a British expedition to Natal and then decided to start a settlement there. He persuaded 25 other British colonists to join him, and in June 1824 he built the first houses. Only four of these original settlers remained with him. In July 1824 he visited Shaka from whom he received a...
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THE BIGGER PICTURE - DURBAN'S GOOD NEWS
Investment into the future! Club Med chooses Kwazulu-Natal North Coast as its first footprint in South Africa - just one more multi-billion-rand development that's underway. In the world of news, bad tidings often spread like...
 
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

12,066.44

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