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R1,450,000

105 Compensation

Monthly Bond Repayment R15,463.23
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,500
Monthly Rates
R930

A Renovaters Dream Project

Unlock the potential for a lucrative investment opportunity with this 1.5-bedroom apartment in La Ballito Complex! Beyond its charm and coastal allure, this unit stands out as an ideal candidate for short-term letting, promising a steady stream of income for savvy investors.

The strategic location of La Ballito Complex, nestled in a prime coastal destination, makes it a magnet for vacationers and travelers seeking a memorable stay. The 1.5-bedroom configuration adds versatility, making it attractive to couples, small families, or solo adventurers looking for a unique and comfortable accommodation experience.

Consider the advantages of renovating this unit with a focus on modern amenities and aesthetic appeal, elevating it to a stylish retreat that captures the attention of short-term renters. Imagine the satisfaction of offering guests a well-designed space that enhances their overall vacation experience.

The complex's amenities and proximity to local attractions further enhance the appeal for short-term rentals, ensuring a competitive edge in the market. From the communal gardens to recreational spaces, residents and guests alike can enjoy the vibrant atmosphere that La Ballito has to offer.

Features

1.5
1
Interior
Bedrooms
1.5
Bathrooms
1
Kitchens
1
Exterior
Carports / Parkings
1
Pool
Yes
Sizes
Floor Size
56m²

Compensation Beach, Ballito

Ballito, nestled on the KwaZulu-Natal coast of South Africa, boasts a captivating coastal charm just 40 kilometres north of Durban. This seaside haven is celebrated for its exquisite beaches, attracting water enthusiasts, surfers, and divers to Willard Beach, Salmon Bay Beach, and Clarke Bay. Embracing a relaxed coastal lifestyle, Ballito presents an array of activities, from beachfront dining to vibrant...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

15,463.23

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