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R1,440,000

Monthly Bond Repayment R15,109.29
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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Monthly Levy
R800
Monthly Rates
R700

Perfect Airbnb Apartment in Cape Town

This stylish studio apartment stands as an unparalleled investment opportunity in the vibrant heart of Cape Town, specifically tailored for the booming Airbnb market. Its prime location, modern amenities, and thoughtfully designed open-plan living space make it an irresistible draw for tourists and business travelers alike.

Boasting a fully equipped kitchenette with state-of-the-art appliances including an induction stove and microwave/convection oven, guests can enjoy the comfort of home-cooked meals, adding a personal touch to their stay. The presence of a queen-size bed with an orthopedic firm mattress ensures guests a restful night, enhancing their travel experience and encouraging repeat bookings.

The modern bathroom equipped with a refreshing shower, air conditioning for optimal comfort, and unwavering 24-hour security address the top priorities of safety and convenience for guests, making this apartment a standout listing on Airbnb. Furthermore, exclusive access to a rooftop pool, gym, and an onsite coffee shop elevate the living experience, offering guests luxury amenities that are highly sought after in vacation rentals.

Strategically positioned within walking distance to the CTICC and a mere drive away from Cape Town's most iconic attractions such as the V&A Waterfront, Table Mountain, and pristine beaches, this apartment not only serves as a luxurious retreat but also as a gateway to exploring the rich tapestry of Cape Town's cultural and natural heritage.

Investing in this studio apartment opens the door to a lucrative Airbnb venture where high occupancy rates and positive reviews can be anticipated, thanks to its unbeatable location, superior amenities, and the appeal of Cape Town itself. This is more than just a property; it's a ticket to capitalizing on Cape Town's thriving tourism industry, promising both short-term income and long-term capital appreciation.

In winter, the owners rent it out for R14 000 a month.
During peak season, they charge R850 per night per person, or R1000 for 2 people.

Features

0.5
1
Interior
Bedrooms
0.5
Bathrooms
1
Kitchens
0.5
Reception Rooms
0.5
Exterior
Security
No
Pool
Yes
Sizes
Floor Size
21m²
 
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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

15,109.29

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