Gracious living in a slice of Seychelles
• Two condos with ability to generate income available on Eden Island
Rawson Auctions Western Cape is bringing to auction two luxurious condominiums on Eden Island, Seychelles.
Eden Island is near Mahé and about 3km from Victoria, the capital of Seychelles.
The first property is a fully furnished, ground-floor condo that offers views of the surrounding Indian Ocean.
The property, built around a deepwater marina, is one of the most spacious units on the island and has its own mooring.
In addition to three bedrooms with en-suite bathrooms, it has a kitchen, lobby, dining room, lounge, veranda and a private garden. The condo and the garden cover 372m².
The interior is luxurious and the open-plan architecture is slick and modern. Wood shutters on the veranda allow for plenty of natural light
Offers are recommended to begin from $850,000.
The levies on the unit are $637.40 a month, plus a monthly fee of $70 for mooring.
Its monthly rental income is $3,700. There is a one-year lease in place, with a threemonth exit clause, which would allow for the property to be vacant if requested.
Another property being brought to auction is a fully furnished condominium with sea and mountain views ranging from the marina to Cerf Island. The property is built around a deepwater marina.
The condo, positioned on the first floor and tiled throughout, has one bedroom, an en-suite bathroom with a shower and double basin, a lounge, dining area and modern open-plan kitchen with built-in cupboards.
The property sports generous, covered shuttered balconies that face the deep-blue water and rocky mountains. The interior is impeccable — what you would expect from a resortlike condo on the water’s edge.
The sleek modern design is complemented by abundant natural light.
Strong security measures are in place. The entire estate is monitored and the apartment itself is fitted with alarms and monitored from a guard room as well as by roaming security personnel and cameras.
The size of the property is 88.3m². Rates and taxes, which include the levies, are $284 a month and $70 for the mooring. Rental income ranges from $290 to $380 a night and is about $2,500 a month. The reserve price is $520,000.
For this property, there is a sanction processing fee and stamp duty, which is 6.5% of the purchase price. The transfer fee will be calculated on receipt of the signed agreement of sale.
Both auctions will be by silent tender (written offers in a sealed envelope), with tenders closing on February 22 at noon.
The auctions will be held at Rawson Property Group’s head office at 222 Main Road, Rondebosch, in Cape Town.