2
Beds
2
Baths
2
Parking
About this property
This beautiful 2-bedroom, 2-bathroom apartment in Margate offers both comfort and convenience, located just a 2-minute drive from the popular Margate Blue Flag Beach. The apartment is situated in a well-maintained complex, close to schools, hospitals, and shopping centres. The main bedroom features built-in wardrobes and a newly renovated en suite bathroom with a modern shower. The second bedroom has spacious built-in cupboards and a newly renovated en-suite bathroom, making it ideal for guests or family. The open-plan kitchen is fitted with built-in cupboards, an under-counter oven and hob, and a peninsula that flows into the lounge and dining area. The living space opens up to a covered patio, perfect for relaxing or entertaining, complete with a built-in braai area. This apartment is ideal for comfortable living or as a holiday retreat. The complex is clean and secure, with beautifully maintained surroundings. Whether you're looking for a permanent home or a coastal investment, this apartment ticks all the boxes.
Rooms & layout
Features & amenities
Price & ownership
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
Rough split: 97.5% purchase price, 2.5% buying costs.
- Asking price R 1 400 000
- Transfer duty (est.) R 5 700
- Deeds Office (transfer) R 1 217
- Conveyancing (est., incl. VAT) R 28 750
- Deeds lodgement R 52
- Total indicative R 1 435 719
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
Total paid over 20 years (deposit + repayments): R 3 312 950
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 1 260 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.