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R550,000

Monthly Bond Repayment R5,677.04
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Levy
R3,500

Cozy Three-Bedroom Cottage in Port Alfred's Medolino Caravan Park

Nestled within the serene Medolino Caravan Park, this charming three-bedroom cottage is a perfect blend of comfort and convenience. As you enter, you're greeted by a spacious open-plan kitchen and living area, ideal for a small family, a holiday cottage or retirement home. The kitchen boasts ample space for cooking, seamlessly flowing into the cozy lounge. The cottage includes a single bathroom with a shower over the bath, efficiently serving the entire home. Each of the three bedrooms is generously sized to accommodate double beds. Two bedrooms come with built-in cupboards, while the third features a freestanding wardrobe. For added convenience, the hot water system operates on gas. Step outside to enjoy a small back garden, perfect for relaxing and soaking up the sun. The cottage is built from a wood type cladding. The bathroom walls are brick. The roof is zinc.

Unlike freehold property, you lease the land from the caravan park owners on a 2-year lease basis. At Medolino Caravan Park, a monthly levy of R3500 covers 11 KL of water, 150 Units of electricity, garden service, park security, and access to all amenities. Medolino Caravan Park offers a tranquil retreat in the heart of Port Alfred. This cottage is in walking distance to restaurants and coffee shops.

Located in the beautiful coastal town of Port Alfred, residents can enjoy its stunning beaches, offering pristine sands and crystal-clear waters. It's the ideal spot for beachgoers, water sports enthusiasts, and those simply looking to unwind in a picturesque setting.

Features

3
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Reception Rooms
1
Exterior
Carports / Parkings
1
Security
Yes
Sizes
Floor Size
72m²

West Bank, Port Alfred

Port Alfred is a small seaside resort town on the east coast of South Africa, situated in the Eastern Cape province at the mouth of the Kowie River. It is located midway between Port Elizabeth and East London. Over the last two decades, Port Alfred has experienced steady growth, particularly in its property market, driven by retirees and families seeking second homes. The town offers a variety of properties, from...
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Rosehill Mall is Port Alfred's premier shopping destination
Rosehill Mall offers a shopping experience that perfectly combines convenience with family-friendly features. The mall's beach-style boulevard creates a relaxed atmosphere, while a variety of stores caters to all needs.  With...
 
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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

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

5,677.04

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