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R2,195,000

506 The Flamingo, 6 Regent

Monthly Bond Repayment R23,031.17
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R1,913
Monthly Rates
R717

A Turnkey Airbnb Investment Opportunity

This stylish and comfortable Airbnb apartment in Sea Point offers the perfect mix of convenience and quality. Fully operational and highly rated, it's a great investment whether you're looking to grow your portfolio or secure a trendy city apartment for personal use.

The apartment is beautifully designed with a modern, welcoming feel. It's fully furnished and equipped, with everything you need—from furniture and appliances to all the essentials. Ready to be lived in or rented out, this property offers a hassle-free setup.

Located in a prime spot, the apartment is right next to the MoJo food market, where you can explore a variety of food options in one place. It’s also just 150 meters from Sea Point’s famous Promenade, making it a prime location that’s sure to attract plenty of guests.

The apartment features great amenities, including a private balcony with views of Lions Head Mountain, uncapped fibre internet, air conditioning, and a SMART HD TV with Netflix. There's also a rooftop braai area for guests to enjoy.

With a 90% occupancy rate and an average guest rating of 9.7/10, this apartment has proven to be a strong performer in the short-term rental market. It’s a reliable investment that’s already set up to start earning from day one. Whether you're an experienced investor or new to short-term rentals, this apartment offers an easy and rewarding opportunity.

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Reception Rooms
1
Furnished
Exterior
Security
Yes
Pool
Yes
Sizes
Floor Size
25m²
Land Size
52m²
 
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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

R
%

Monthly Payment

23,031.17

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