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La Vie

Apartments (269)
From R475,000
Size from 24m² to 42m²
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3 Properties For Sale in La Vie

FROM R475,000 to R695,000

La Vie - Secure residential estate in Western Cape

Features

Newly launched La Vie Estate is strategically placed in the sub-million top performing property category in Western Cape with excellent growth and rental returns. The La Vie Estate offers 1 bed & studio apartments each with a dedicated parking bay within the 24 hour security estate. Most units have uninterrupted mountain vistas. No Transfer fees or duty payable! By using entry level property as an underlying asset class to create wealth, it is difficult to believe that investors will find a better location for rental yield and demand, market value and sustainable growth. First bond repayments is only due on completion. As anticipated completion date is June 2018, the investor gains a year’s growth by buying at today's prices. We offer a one-stop property and investment service whereby we assist investors in managing their property. This Investor friendly estate, unlike leisure estates, is unencumbered by hefty levies and has durable finishes, is low maintenance and has individual water and electricity meters to mitigate tenant risk. Comprehensive rental solutions are on offer mitigating rental risk and offering managing solutions, like rental shield. La Vie Winelands estate is placed ideally in Paarl, a growth node, neighbouring upmarket estates like Paryskloof and Klein Parys with values ranging from R2.3mill up to R6mill. La Vie estate is conveniently close to N1 and makes it ideal for daily commutes. 

Amenities: 

  • Wi-Fi enabled 
  • N1 access approx 2,7km 
  • Paarl Mall approx 4,3km 
  • Medi-Clinic approx 5,1km 
  • Boys High approx 3,8km 
  • Paarl Gymnasium approx 6km 

        Projected rental income at registration:

  • 1 Bedroom with Balcony – R6 000/month
  • 1 Bedroom – R5 000/month
  • Studio apartment – R4 500/month

Location: La Vie estate offers a secure sense of community away from hustle and bustle of city life. Paarl is well known for its natural beauty, wonderful wine farms and quaint markets, renowned art galleries and culinary experiences. Paarl is also well known for a variety of outdoor experiences for nature lovers like mountain hiking and biking, trail running, fishing and off course golf and polo. Growth in the Western Cape is healthy due to Gauteng & KZN buyers moving for a better lifestyle offering. The Western Cape is well known for its good selection of schools, reliable governance and growing economy. According to Lightstone “Semi-gration” has substantially increased over the last 5 years in Paarl. The number of housing transactions concluded in the Western Cape by buyers from Gauteng last year surpassed levels reached at the height of property boom in 2007. Paarl is one of the fastest growth nodes in Western Cape.

In the news

Apartments selling from R475k in new Paarl estate
La Vie Estate has been launched to address Paarl’s growing need for accommodation, especially the huge demand for quality, affordable apartments. Studio apartments at La Vie Estate start at R475 000, with spacious...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Meridian Realty website is accurate and up to date, Meridian 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
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:

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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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