It is rare that you, the Investor, will have an opportunity to own a suite in one of South Africa's leading 5-star properties, the luxurious Pepperclub Hotel & Spa.
Voted "Most Luxury Hotel in South Africa" by CNN Traveler, Pepperclub is located in the cosmopolitan heart of Cape Town - one of the top 10 tourist destinations in the world.
Pepperclub offers much more than just a fabulous investment - it provides an unparalleled lifestyle too!
As an Investor, you own the hotel suite in your own name - holding the registered title deed to your sectional title unit. The unit is run for you by the hotel as part of a Rental Pool, of which you are a participant. You also own all the luxurious furnishings, designed to the international standards demanded of Pepperclub's 5-star guests!
As an Owner, you receive:
- You can elect to remain a partner in the Rental Pool, which earns you a pro rata share of the hotels net room revenue. You may further elect to receive a 7% Guaranteed Return per annum for the first four years based on the purchase price of your investment. (excluding VAT, Subject to 365 days participation in the rental pool per annum)
- Exraordinary Tax Allowances - Wear & Tear and Interest.
- 5-Star Holiday's for Life - When you become an Owner at Pepper Club, you are entitled to enjoy 30 days of Owners' Usage each year. (Subject to availability and applicable taxes)
Studios range from only R1,499,000.
If you are (or become) a registered VAT vendor and elect to retain the property in the Rental Pool, the purchase price bares VAT at 0%. In all other instances 14% VAT will be payable. Transfer Duty is not payable.
The terms set out in this deal do not constitute professional advice. Please obtain professional advice before entering any purchase agreement for your unit. Limited units available.