Sale
South Africa

2

Beds

1

Baths

1

Parking

80 m²

Floor area

Apartment 2 beds 1 bath 80 m²

About this property

Overview

This 3rd floor apartment offers contemporary design and secure living in a well-located complex. Perfect for first-time buyers, investors, or those seeking a coastal holiday getaway or permanent residence.

Features

  • 2 Bedrooms
  • 1 Bathroom with washing machine and tumble dryer point
  • Open plan lounge and dining area
  • Kitchen
  • Large balcony with built-in braai and ocean views – ideal for entertaining
  • 1 parking bay

Amenities & Security

  • Communal swimming pool
  • Gated access control for secure living

Location

Within walking distance to Laguna Mall and Club Mykonos. Easy access to all local amenities.

Rooms & layout

Bedroom × 2
Bathroom
Lounge
Dining Area
Kitchen
Parking
Garage

Features & amenities

ocean viewsbraaibalconyswimming poolsecure livinggated accesscoastal

Price & ownership

Asking price R 1 700 000
Price per m² R 21 250
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 1,7M
Taxes + legal + admin fees R 51K

Rough split: 97.1% purchase price, 2.9% buying costs.

  • Asking price R 1 700 000
  • Transfer duty (est.) R 15 786
  • Deeds Office (transfer) R 1 477
  • Conveyancing (est., incl. VAT) R 33 695
  • Deeds lodgement R 52
  • Total indicative R 1 751 010

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 16 054 /month

Total paid over 20 years (deposit + repayments): R 4 022 868

Deposit 10% · R 170 000
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 1 530 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.