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R950,000

Monthly Bond Repayment R9,967.93
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Rates
R2,851

1 bed fully furnished

This delightful I bed, I bath apartment in the popular Royal Palm Hotel is on for sale.
Don’t miss this opportunity to own an apartment in the Royal Palm Hotel. Tastefully decorated, and fully furnished. It forms a part of the rental pool agreement of the hotel which is administered and maintained by the Royal Palm Asset Management.

The unit offers 1 bedroom with a full bathroom, a kitchen-net and living area with a balcony.

The hotel is conveniently situated within minutes from Umhlanga main beaches, King Shaka Airport, Oceans Mall & walking distance to Gateway Theatre of Shopping. The hotel offers the convenience of the hotel’s upmarket restaurants.

Treat yourself to the use of the unit for 30 days in the year off peak. Enjoy great returns on the unit for the rest of the year + levy is paid by the rental pool. Viewing by appointment only!!.

Features

1
1
1
Interior
Bedrooms
1
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
66m²
 
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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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS
 

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Monthly Payment

R 

9,967.93

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