Sale
South Africa

2

Beds

2

Baths

1

Parking

77 m²

Floor area

Apartment 2 beds 2 baths 77 m²

About this property

Stunning apartment for sale in Illovo Beach. This brand new unit oozes style and elegance. Porcelain tiles throughout and exceptional attention to detail. Two beautiful bedrooms with pristine bathrooms and modern built-in cupboards. Well-appointed kitchen and breakfast nook. All windows have been fitted with new aluminum frames. Added bonus: awesome sea views from all rooms! Close to all amenities.

Rooms & layout

Bedroom × 2
Bathroom × 2
Kitchen
Lounge
Garage

Features & amenities

Sea viewsModernNewBuilt in cupboardsPorcelain tilesAluminum framesBreakfast nook

Price & ownership

Asking price R 1 050 000
Price per m² R 13 636
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 23,7K

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

  • Asking price R 1 050 000
  • Deeds Office (transfer) R 912
  • Conveyancing (est., incl. VAT) R 22 713
  • Deeds lodgement R 52
  • Total indicative R 1 073 677

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 9 915 /month

Total paid over 20 years (deposit + repayments): R 2 484 713

Deposit 10% · R 105 000
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 945 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.