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R1,900,000

Monthly Bond Repayment R19,935.86
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R3,500
Monthly Rates
R1,300

Penthouse with stunning sea view in Ramsgate

Watch the sun rise over the sea from your bedroom every morning. This penthouse in the heart of Ramsgate is all about the view. This unit is right on the front and is a great choice if you want to entertain while watching the ocean.

The unit is drenched with sunlight which makes it light and airy, giving it a holiday feeling the minute you step inside. It consists of three bedrooms and two bathrooms, while the kitchen, dining room and lounge form part of an open plan living area. All the bedrooms are fitted with ceiling fans. An enclosed sun room is perfect for morning tea or board games on windy days.

The vaulted ceilings give the impression of light and space.

A large single garage with its own title deeds is included in the purchase price.

Ramsgate is also designated as a Special Rating Area (SRA) which means that a small portion of the rates paid by each property owner is utilised to provide for security related initiatives within the Ramsgate area. A formal Non-Profit Organisation whose Members are the property owners themselves receives and provides good financial governance for these funds.

The Ramsgate Community Policing Forum receives the bulk of its funding in this way and the statistical reduction in crime has been remarkable, both providing a safer more secure area to live and visit for residents and visitors alike, as well as being a major factor in the maintenance of property values which is contrary to the national trends.

You will surely fall in love with this apartment the minute you step inside, so call me today and I will have the pleasure of hosting your viewing of this lovely unit.

Features

3
2
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Furnished
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
161m²
Land Size
1,165m²

Ramsgate, Margate

The quaint village of Ramsgate is situated on the KwaZulu-Natal Lower South Coast. A favourite destination of generations of South Africans it has seen seasonal influxes of domestic tourists since the 1950's. It is located at the mouth of the Ibilanhlolo River, meaning "the marvellous boiler", due to the bubbles caused by strong currents. In 1922, a painter and violin maker called Paul Buck opened a trading...
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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

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Monthly Payment

19,935.86

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