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R1,895,000

Monthly Bond Repayment R20,208.84
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Invest in Luxury at The President Hotel!

For sale in Bantry Bay | Asking Price: R1 895 000

Owning a property in the prestigious Bantry Bay is a dream come true. Imagine owning an investment property where your capital works for you, while you enjoy the lavish lifestyle of one of Cape Town's most renowned hotels. This isn't just a hotel room, it's an opportunity for financial prosperity. Your investment ensures a guaranteed monthly income of R7000, and should the property exceed expectations, you'll be compensated generously in the following financial year. The President Hotel turns your investment into a valuable asset, all while providing a secure and rewarding experience.

Nestled within The President Hotel is a charming 26-square-meter hotel room, ready for you to call your own. Aside from the prestige of owning property in one of Cape Town's most sought-after locations, this room is fully furnished, ensuring your comfort and convenience. As you step inside, you're greeted by an enchanting view of Lion's Head. The bedroom area offers ample space for a queen-sized bed and a desk, making it ideal for both relaxation and productivity for your guests.

Leaving the bedroom area, you'll discover a well-appointed kitchen area sufficient enough for your guests. Adjacent to the kitchen, you'll find a spacious bathroom complete with a toilet, basin, and shower. This room has been thoughtfully designed to meet your guests every need, whether they are here for business or leisure.

As the proud owner of this property, you'll have the privilege to live here for up to 30 days a year. It's your personal retreat within this luxurious hotel, providing you with a taste of the lifestyle that Bantry Bay and The President Hotel offers.

Additional Benefits for Owners:

- Semi Self-catering kitchenette:
Microwave, Minibar Fridge, Tea and
Coffee-Making Facilities

- Complimentary High-Speed WiFi
- Air Conditioning / Heating
- LED Energy-Saving Lighting
- Flat-screen wall-mounted TV with Google Chromecast
- Hairdryer
- Linen and Towels
- Complimentary Bathroom Products
- Shaver Outlet (220 – 110 volt)
- Electronic Safe
- International Plug Points
- Wake-Up Service
- Daily Housekeeping

The apartment's alluring features and perks are further complimented by its modern design, views, and ideal location being a stone's throw from the famous Promenade, with quick access to the CBD and the iconic Waterfront, and being close in proximity to Sea Point's rich collection of upmarket restaurants, hip bars and classy cafés.

This property is a must-see for the discerning purchaser or investor.

Size: ± 26 SQM

Levies: ± TBA

Rates: ± TBA

Asking Price: R1 895 000

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
1
Studies
1
Furnished
Exterior
Security
Yes
Sizes
Floor Size
26m²

Bantry Bay, Cape Town

Bantry Bay, located between the stunningly beautiful hills of Lion's Head and the majestic Atlantic Ocean, is a hidden gem waiting to be discovered. With breathtaking views of the ocean and mountains from the comfort of stunning houses and chic penthouse apartments that are perched atop the rolling hills. Enjoy the peaceful atmosphere of the area, with 290 wind-free days a year, making Bantry Bay a sheltered...
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Disclaimer: While every effort will be made to ensure that the information contained within the Quay 1 International Realty website is accurate and up to date, Quay 1 International Realty 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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

20,208.84

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