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Thread: The Seapointer Levy

  1. #1

    Red face The Seapointer Levy

    Just got my Levy invoice in the mail:

    Levy 2002 Rand 1,336.05

    Levy 2003 Rand 1,462.97

    Levy 2004 Rand 1,697.05

    Levy 2005 Rand 1,852.33

    Levy 2006 Rand 2,071.83

    Levy 2007 Rand 2,598.00

    Levy 2008 Rand 2,598.00 - pretty sure they charged me the same for 2007 & 2008 but still awaiting the invoice.

    I have a 2 BR fixed week 36 red.

  2. #2
    Goomba & Super Moderator tonyg's Avatar
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    Jun 2005
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    Unhappy

    It is getting expensive- not like the 1/2 of that price when I first got into SA.

  3. #3
    It sure is. We will be double soon at this rate. I added all the other years since we purchased The Seapointer as a group on TUG.

    Quote Originally Posted by tonyg
    It is getting expensive- not like the 1/2 of that price when I first got into SA.

  4. #4

    Thumbs up Tripled

    Levy 2006 Rand 2,071.83 = USD $335.24 as of today.

    http://www.xe.com/ucc/

    We started at $110 annual when the Rand was weaker. So we got a triple here....pretty sad.

  5. #5
    Goomba & Super Moderator tonyg's Avatar
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    If it's not too good to be true, it's too good to last.

  6. #6
    Quote Originally Posted by 4ARedOctober
    Levy 2006 Rand 2,071.83 = USD $335.24 as of today.

    http://www.xe.com/ucc/

    We started at $110 annual when the Rand was weaker. So we got a triple here....pretty sad.
    I read on TUG that the Seapointer's trade power has increased since Black Sunday. Do you find that to be true? I sold my 2BR Seapointer about 14 months ago, thru Cape Escape, because of the increasing levy & poor exchange rate.

    Phil

  7. #7
    That's almost 12% annually compounded. Pretty sad.

  8. #8
    I have had good trades so far with all my Seapointer Deposits......so I am not really sure what the affect was from Black Sunday.

  9. #9
    Seapointer is in the Capetown area, the hottest area for SA tourism, so I would expect the RCI changes would be ''Golden Sunday'' for this resort.

  10. #10

    who to call to pay Seapointer levy?

    What is the most current info on the phone number to call to pay the 2007 Seapointer levy?
    Thanks, Teresa

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