Sale
South Africa

2

Beds

1

Baths

1

Parking

86 m²

Floor area

House 2 beds 1 bath 86 m²

About this property

A recently renovated unit with all furniture in a complex with access to the beautiful beaches of the South Coast. Suitable for holiday letting. Both bedrooms offer sea views with guaranteed beautiful sunrises of the Indian Ocean and passing marine traffic.

A pair of binoculars is all you need to watch marine life through your window and enjoy the exceptional landscape of Ramsgate.

The neighborhood is very friendly for people who like to jog or walk for fitness purposes with numerous trails that differ in difficulty levels due to the landscape. N2 is easily accessible without traffic congestion when seeking to go to the Eastern Cape or deeper into KZN. The airport in Margate is easily accessible. Schools and medical facilities are world class, and the area is endowed with numerous clean beaches and fishing spots.

Rooms & layout

Bedroom × 2
Bathroom
Garage/Parking
Lounge

Features & amenities

sea viewsocean viewsbeach accessfurnishedholiday lettingrenovatedmarine viewscoastal

Price & ownership

Asking price R 1 100 000
Price per m² R 12 791
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 1,1M
Taxes + legal + admin fees R 24,6K

Rough split: 97.8% purchase price, 2.2% buying costs.

  • Asking price R 1 100 000
  • Deeds Office (transfer) R 956
  • Conveyancing (est., incl. VAT) R 23 575
  • Deeds lodgement R 52
  • Total indicative R 1 124 583

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 10 388 /month

Total paid over 20 years (deposit + repayments): R 2 603 032

Deposit 10% · R 110 000
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 990 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.