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R1,000,000

Monthly Bond Repayment R9,816.43
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Monthly Rates
R500

Large plot with lots of potential – clever building and planning will ensure sea view

SOLE MANDATE

Pringle Bay is situated on the famous Whale Route. It abounds with wildlife and beautiful flora and is part of the Sixth Floral Kingdom of the planet. There is good fishing and during season you can obtain a permit for 4 crayfish a person, a day. There is a small lagoon with clear and warm water that ensures a safe swimming environment for toddlers. Divers, rubber ducks and kayaks are seen over weekends. The town is situated within a 10-minute drive to the penguin colony or famous Harold Porter Botanical Gardens, 20 minutes to a variety of golf courses, 45 minutes to the wine estates or to the “Whale Capital” Hermanus, 50 minutes to Cape Town International Airport and just over one hour to Cape Town. The town’s water plant was recently awarded for its consistent water quality and is praised as one of the 10 top purification plants in South Africa.

Pringle Bay real estate remains a Prime Investment opportunity. The town is safe and virtually crime free. Property in the Pringle bay area will always be in demand and with fewer than 1 000 homes available, the small village atmosphere will stay intact. There will be no further developments in the area as limited development within the biosphere reserve is strictly enforced. This will result in a shortage of properties in the near future – which guarantees continued capital growth. The small village business centre has an interesting variety of restaurants, coffee shops and pubs, curio shops, a hardware shop, a school bus service, a post office, a multi-denominational church, a town hall hosting festivals and functions, a liquor store, a bakery, a laundry, a gym with sauna and massage service, indoor water-aerobics and an art gallery. The area offers an amazing variety of coastal and mountain hiking trails and a safe boat-launching facility is available for residents only. Pristine stretches of beach and breath-taking sunsets make this town an obvious choice for a peaceful home for the holidays. Property owners may rent out their holiday home during the year as guesthouse accommodation. Pringle House Eco Primary School has been operating since 2008 and provides quality primary school education, preschool & after care facilities and a nursery program. The school is committed to an environmentally friendly approach to life and the children at the school enjoy a varied program of indoor and outdoor learning activities.

Life savers are on duty during the holiday seasons and Pringle beach is never crowded, even over Christmas. There is only one access road leading into Pringle Bay and no buses are allowed.
Pringle Bay has active police and MEC reservists, its own fire engine and an emergency medical team. Since 2012 the only access road is monitored by CCTV and the number plate recognition system alerts authorities about stolen vehicles or vehicles suspected to be used in criminal activities entering the area.

Come and build your dream holiday home within the rich Fynbos garden.

 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
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

9,816.43

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