In A Nutshell: · Vacant coastal erven priced from R222,000. · All costs (transfer, conveyancing and bond registration costs) included in the purchase price. · No deposit required. · 60% bond procurement through any of the major banks . · Remainder (40%) of purchase price: - Financed by the Developer. - No repayments for 2 years after transfer. - From year 3 - 5 : Repayment of interest only at prime + 2% (capital amount calculated over 15 years term). · After 5 years the remainder of the 40% is re-financed. Example: Erf purchased for R222,000: · Bond procurement of 60%, i.e. R133,200: - Bond repayments therefore ± R1240.00 / month. · Remainder of purchase price, i.e. R88,800: - No repayments for 2 years after transfer. - From year 3 – 5 : Repayment of ± R850.00 per month THUS : This investment will cost R1240 / month for the first two years while attaining capital growth. This offers the ideal opportunity to invest in a Pristine West Coast Beachside Security Village under very favorable financial terms. For comprehensive information send an e-mail with "More Info" in the subject heading to : [email protected] (If you wish to be removed from the list send a reply e-mail with "Remove" in the subject heading to : [email protected])
