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R1,750,000

Monthly Bond Repayment R18,662.52
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R2,600
Monthly Rates
R1,580

EXCEPTIONAL VALUE - NEW ON THE MARKET

SOLE AND EXCLUSIVE MANDATE TO SELL!

Welcome to a beautiful apartment situated in the popular resort suburb of Ramsgate.

This well maintained luxury apartment consists of (152sqm):
- 4 Spacious bedrooms with plenty built-in cupboards - the main bedroom and second bedroom enjoy access to the full balcony and lovely sea views (air-conditioned m.e.s.).
- 3 Bathrooms - modern and well fitted with showers and baths.
- A modern open plan kitchen with granite tops - enjoy the sea view while cooking - well fitted - good quality.
- A spacious open plan lounge / dining area, air-conditioned, with sliding doors leading out to a full wrap around balcony with 180 degrees panoramic sea views.
- The entrance is on the ground floor, therefore wheelchair friendly, however, the balcony is elevated to enjoy the panoramic vista.
- The swimming pool is close by for convenience.
- A single automated garage.

The upmarket apartment is ideal for the following choices:
- Holiday and weekender rentals with good returns.
- Permanent living.
- Keep it a s holiday home for the family (secure lock-up and go).

If you are looking for great value for money, put this rare find on your bucket list and call me to make an appointment to view.

Features

4
3
1
Interior
Bedrooms
4
Bathrooms
3
Kitchens
1
Reception Rooms
2
Studies
1
Furnished
Exterior
Garages
1
Security
Yes
Pool
Yes
Sizes
Floor Size
152m²
Land Size
6,426m²

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

 

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Monthly Payment

18,662.52

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