3
Beds
2
Baths
2
Parking
145 m²
Floor area
About this property
Fully furnished and bringing in an income for the owner, this unit is now on the market. Ideal for retirement or family holidays, this homely 3 bedroom unit above the Umtamvuna River on one side and the warm Indian Ocean on the other is the perfect place to escape winters.
This secure complex with borehole water and a friendly atmosphere is a stone's throw from Port Edward and all the growing amenities of this bustling little seaside village. Set in the idyllic Caribbean Estates, alongside the Wild Coast Sun, which is just across the river.
A six-sleeper in the letting pool bringing in a good income while you are not there, or take the reins and do the marketing yourself to maximise your profit. This secure area is popular with holiday makers and some permanent retirees as well.
Facilities include three beautiful swimming pool areas, a clubhouse, a convenience shop, all-weather floodlit tennis courts, and a small playground for children. Direct access to the unspoilt, almost quiet beaches and the river via scenic walkways meandering through the beautiful conservation area where a huge variety of indigenous flora and fauna thrive. The patient observer may even come across small buck species and Samango monkeys.
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: 97.2% purchase price, 2.8% buying costs.
- Asking price R 1 650 000
- Transfer duty (est.) R 13 200
- Deeds Office (transfer) R 1 434
- Conveyancing (est., incl. VAT) R 32 890
- Deeds lodgement R 52
- Total indicative R 1 697 576
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 3 904 548
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 1 485 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.