Sale
South Africa

2

Beds

2

Baths

2

Parking

131 m²

Floor area

Apartment 3 beds 2 baths 131 m²

About this property

This well-positioned three-bedroom apartment is set within the popular Santorini estate and offers comfortable and secure living in a coastal setting. Although accessed via a flight of stairs from the garage level, the apartment itself is all on one level and enjoys the benefits of ground-floor living once inside. The layout includes three bedrooms, with the main bedroom featuring an en-suite bathroom with a bath. The remaining two bedrooms share a second bathroom fitted with a shower. The open-plan kitchen flows into the lounge and dining area, creating a relaxed and functional living space. This area opens onto a covered patio, ideal for outdoor dining or entertaining. From the patio, the garden is semi-private and extends onto the communal grounds, with distant sea views visible beyond the common property.

The estate is ideally positioned within walking distance to the popular Thompsons Bay Blue Flag Beach with its iconic Hole in the Wall and 75m tidal pool and surrounding beaches, making it a superb lifestyle location. A single garage is allocated to the apartment, providing secure parking.

Well suited to permanent living, holiday use, or investment, this apartment offers a sought-after coastal lifestyle within a secure estate environment. Approximately 15 minutes away from King Shaka International Airport.

Rooms & layout

Bedroom × 3
Bathroom × 2
Kitchen
Lounge
Dining Room
Garage × 2
Patio

Features & amenities

Sea viewsCoastalSecure estateGardenPatioEn suiteBeach accessGround floor living

Price & ownership

Asking price R 2 850 000
Price per m² R 21 756
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 2,9M
Taxes + legal + admin fees R 147K

Rough split: 95.1% purchase price, 4.9% buying costs.

  • Asking price R 2 850 000
  • Transfer duty (est.) R 95 200
  • Deeds Office (transfer) R 2 477
  • Conveyancing (est., incl. VAT) R 49 235
  • Deeds lodgement R 52
  • Total indicative R 2 996 964

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 26 913 /month

Total paid over 20 years (deposit + repayments): R 6 744 220

Deposit 10% · R 285 000
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 2 565 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.

© 2026 Fermain Pty Ltd, trading as Yagr.