Hotel Apartment Fractional Ownership

Simola Hotel Country Club and Spa offers investors the flexibility of owning either a two or three bedroomed, five-star hotel suite without the hassle of managing or maintaining it. Suites are sold on a sectional title basis with no usage restrictions.

Each unit is approximately 145m², comprising of two en-suite bedrooms, a lounge and dining area, a kitchen and a spacious balcony. The bedrooms are air conditioned with under-floor heating throughout. The lounge area is equipped with a gas fire place and the patio has a gas braai. All suites are fully equipped and furnished to five-star standards.

The hotel will be managed and maintained by the Kat Leisure group. Suite owners also have the option of placing their suites in the rental pool, generating income additional to the capital appreciation. Whilst the suite is in the pool, the owner incurs absolutely no costs related to the unit.

The accommodation income generated through the pool is split as follows:

  • 30% to the suite owner;
  • 60% to the hotel operator; and
  • 10% to the levy reserve fund to cover the cost of the estate levy and maintenance.
Fractional ownership options:

Two bedroomed suite:

Three bedroomed suite:

Please contact Director of Property Sales, Derek Carroll, directly for more information. He is available on +27 (0)83 448 5454, +27 (0)44 3029699 or at derek@simola.co.za.