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R550,000

Monthly Bond Repayment R5,960.39
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Vacant Land With Views

The cleared plot in Forest Downs, Port Alfred, offers a tranquil setting with a picturesque sea view. The property is enclosed by sturdy 2.2-meter-high precast boundary walls, providing both security and privacy. The dimensions of the plot are 35 meters in length and 23 meters in width, offering ample space for designing and constructing a beautiful home.
From the elevated vantage point within Forest Downs, residents can enjoy breathtaking views of the surrounding natural landscape and the Indian Ocean. The cleared plot provides a blank canvas for the realization of a dream home, taking full advantage of the scenic coastal backdrop.
The seller of the property possesses approved building plans, streamlining the process for potential buyers who wish to start construction promptly. Additionally, the seller is open to negotiating a price for the construction of the house based on the approved plans. This option allows buyers the convenience of a one-stop solution, simplifying the home-building process.
Overall, the Forest Downs plot presents an opportunity to create a bespoke residence that capitalizes on the natural beauty of the location while benefiting from the convenience of pre-approved plans and the option for the seller to oversee the construction.

Forest Downs, Port Alfred

History In the early 1820's Port Frances and Port Kowie were founded. In 1841 South Africa's first man made harbour was opened here.  After numerous name changes, in 1860, Port Alfred was renamed in honour of Prince Alfred, Queen Victoria's son.   Location Port Alfred is located between 2 cities, Port Elizabeth and East London, on the breath-taking Sunshine Coast of the Eastern Cape. The distance from Port...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

5,960.39

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