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R2,850,000

31 Santorini, 101 Ocean Drive, Unit 31 Akrotiri, Santorini

Monthly Bond Repayment R30,393.24
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,532
Sectional Title Levy
R2,724

MODERN SANTORINI GEM: IDEAL HOME OR INVESTMENT!

Welcome to Santorini, the epitome of modern coastal living in the highly sought-after Thompsons Bay area. Nestled within this prestigious complex, this apartment offers not only contemporary comfort but also the allure of a lucrative investment opportunity. Ideal for investors, this property boasts a track record of impressive income generation over the past few years, thanks to its high occupancy rates. Whether you're looking for a permanent residence or a savvy investment opportunity, this apartment in Santorini promises both comfort and financial rewards.

Upon entering, you're greeted by an open plan kitchen and lounge area, creating a seamless flow perfect for both relaxation and entertaining. The sleek design and modern finishes throughout the space exude sophistication and style.

Step out onto the covered patio and behold corridor views of the sea, providing a picturesque backdrop for morning coffees or evening cocktails. This tranquil outdoor space invites you to unwind while soaking in the coastal ambiance.

Convenience is key with amenities such as a storeroom for extra storage, a single garage for secure parking, and ample visitor parking ensuring hassle-free living for both residents and guests.

Don't miss out on the chance to own a slice of coastal paradise in Thompsons Bay's most coveted address. Schedule a viewing today and make Santorini your next investment venture.

Features

3
2
1
Interior
Bedrooms
3
Bathrooms
2
Kitchens
1
Reception Rooms
2
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Pool
Yes
Sizes
Floor Size
120m²
Land Size
11,552m²
Extras
24 Hour Access • 24 Hour Response • Balcony • Complex • Security Complex

Thompsons Bay, Ballito

The town of Ballito was established in the early 1960's starting out as a seaside getaway for fishing holidays. Since then Ballito has grown into a thriving town with major retail outlets and a range of both permanent and holiday vacation properties.  The 2.5 km Ballito Promenade is one of the greatest tourist draws of the Ballito stretching from Willard Beach to Salmon Bay. Located along this promenade is a...
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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

R
%

Monthly Payment

30,393.24

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