Sale
South Africa

2

Beds

1

Baths

1

Parking

84 m²

Floor area

Apartment 2 beds 1 bath 84 m²

About this property

Discover the potential of this sea-facing apartment, ideally located in the heart of Humewood, directly opposite the golden sands of Kings Beach. With uninterrupted ocean views and an open balcony perfect for enjoying the coastal lifestyle, this property offers an unbeatable combination of location and opportunity.

The apartment features a spacious layout filled with natural light, providing the perfect canvas for a new owner to add their own style and vision. While it would benefit from some updating, the exceptional beachfront position makes it an ideal investment, holiday retreat, or permanent seaside home.

Residents enjoy secure living with state-of-the-art biometric access, along with the added convenience and peace of mind of an on-site caretaker.

This is your chance to secure a well-priced beachfront property and transform it into something truly special in one of Port Elizabeth's most desirable coastal areas.

Rooms & layout

Bedroom × 2
Bathroom
Lounge
Balcony
Garage

Features & amenities

sea-facingocean viewsbeachfrontbalconybiometric securitycaretakernear Kings Beach

Price & ownership

Asking price R 720 000
Price per m² R 8 571
Municipal valuation -

Cost to buy (indicative)

Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.

Upfront split

Property price R 720K
Taxes + legal + admin fees R 18,3K

Rough split: 97.5% purchase price, 2.5% buying costs.

  • Asking price R 720 000
  • Deeds Office (transfer) R 626
  • Conveyancing (est., incl. VAT) R 17 664
  • Deeds lodgement R 52
  • Total indicative R 738 342

Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice — confirm with your attorney. Duty uses the higher of price or market value.

Table ref: sars_2025-04-01

Bond Calculator

R 6 799 /month

Total paid over 20 years (deposit + repayments): R 1 703 803

Deposit 10% · R 72 000
Loan term 20 years
5 yr 30 yr
Interest rate 11.25% p.a.
5% Prime ~11.25% 20%

Monthly repayment vs interest rate (deposit fixed at 10%)

Monthly repayment vs deposit percentage (rate fixed at 11.25%)

Indicative estimate only. Loan of R 648 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.