1 Bedroom Apartment in Franschhoek

R 2 200 000

Jac Hanekom

Lew Geffen Sotheby’s International Realty-Franschhoek

1 Bedroom Apartment in Franschhoek

R 2 200 000

5 l''ermitage
Can I afford this?
1 Beds
1 Baths
Land Area 108 m²
Rates R 1273
Levy R 1485

Lermitage Chateau & Villas offers the opportunity to own a fully furnished buy-to-rent hotel unit in Franschhoek. Lermitage offers owners a home away from home in a 4-star hotel which you can place in the managed rental pool to earn a passive income.

This north-facing unit is situated on the ground level, close to main reception and swimming pool. The spacious unit (154sqm) comprises a large living & dining area with open plan kitchen and a 2 large bedrooms, both with a spacious en-suite bathroom. The unit has a large veranda and is fully furnished in contemporary décor, in line with the design aesthetic of the hotel.

Owners can use the unit for a total of 1 month per year, and for the remainder of the year the unit can be rented by the hotel. The unit doesn't earn much in terms of passive income, but makes enough to pay for costs and then some. Please note that this is not a security complex and that AirBnB/short-term lets are not allowed.

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Key Property Features

1
Bedrooms
1
Bathrooms
1
Covered Parkings
Alarm
Kitchen

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Experience Paarl to Franschhoek

Surrounded by serenity and splendour, the area between Paarl and Franschhoek is simply breathtaking wherever you look. The locals are friendly, helpful people and this area attracts tourists from all over the world. There is an abundance of activities, from historical monuments to quaint farm markets, there's never a dull day here. Paarl offers residents a feeling of safety and security, and a supportive, intimate community. It's a great neighbourhood for families and young couples wanting to be away from busy city life.

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1 Bedroom Apartment in Franschhoek

R 2 200 000

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