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R4,300,000

303 The Portswood, 7 Portswood

Monthly Bond Repayment R45,856.47
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R2,527
Monthly Rates
R1,866

Newly Built Modern Two Bedroom Apartment

Talk about the investors dream. Apartments in this block have been fully booked on Airbnb since completion of the development.

Two Bedroomed apartment located in the heart of Green Point with stunning ocean views.The 24 apartments were specifically designed to suit the modern-professional, as well as the more mature residents, looking to down-scale, without sacrificing any quality, style, luxury or location.

The Portswood provides 24-hour security controlled access, by using wireless systems linked directly to your phone or other device. There will of course also be super-fast internet for all your work and entertainment needs.

Each apartment has a balcony for you to enjoy the views and ambiance of the area, and large doors opening up the lounge and bedrooms onto this outside space. This is the way all apartments in Cape Town should be designed.

If you are looking for an investment opportunity, this apartment are so well priced, and sought-after, that their rental returns are immediately highly attractive, and will make any investment purchase a no-brainer.

Features

2
2
1
Interior
Bedrooms
2
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
1
Security
Yes
Sizes
Floor Size
81m²
Land Size
81m²

Green Point, Cape Town

As you travel along the streets of Green Point, you'll quickly realise why the area has earned its nickname as the "Soho of Cape Town". This upmarket and vibrant neighbourhood pulses with trendy restaurants, cafés, delis, boutiques, shops, and nightclubs. Located to the northwest of the central business district, it is also an area booming with industry. Since the 2010 FIFA World Cup, Green Point has seen...
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Get your running shoes on for Green Point's weekly parkrun
As the sun rises over Green Point's lush landscapes, runners from all walks of life gather to head out on a shared adventure - the local parkrun. The weekly five-kilometre event unites the community for walking, jogging, running,...
 
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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

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

45,856.47

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