1 bedroom apartment in Riara

Apartment

Under Construction

Description

The development has a delightful composition of Studios, 1, 2 and 3 bedroom apartments, meticulously designed to accommodate both live-in and investment needs. Nestled in the mid of the vibrant upmarket Thompson Estate on Riara Road, and adjacent to the bustling Junction Mall, the development offers convenience of all-under-one-roof experience to its residents.The units layouts allow for ample natural lighting and are full of fluidity and functionality.

1br

1

33.9M2

Completion Date

Expected completion date: 2026-08-31

Cash Payment Details

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Cash Price:

Kshs 6,026,066

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (KES 403,746.422)

Installment Payment Details

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Installment Price:

Kshs 6,026,066

Installment Payment Plan:

20% reservation, 15% upon signing the sales agreement, 65% spread through the payment plan you chose & additional 6.7 % of the sale price as closing costs (KES 403,746.422)

Mortgage Payment Details

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Mortgage Price:

Kshs 6,026,066

Deposit:

20%

Deposit Amount:

Kshs 1,205,213.2

5yr Repayment Options:

Kshs 101,247 p.m

10yr Repayment Options:

Kshs 62,381 p.m

15yr Repayment Options:

Kshs 50,341 p.m

Mortgage Payment Plan:

Approx:20% deposit, 80% balance paid upon completion by the financier. Home loan processing fees & closing cost at 4.5% of the sale price. Closing cost of the property at 6.7% of the sale price (KES 403,746.422)

Investment Profile
Expected Rent:

Kshs 60,000

Rental Yield:

11.95%

Payback Period:

8.37 years

Service Charge:

Kshs 6,000 pm

Disclaimer:

The monthly mortgage repayments are estimates and may vary depending on the financier.

Rental yields are estimates and may vary with time.

Amenities

Kid's Play Area

Fully equipped gym

Backup generator

Heated swimming pool

High speed lifts

Large Balconies

Close proximity to Junction Mall

Meeting room

Reception

Terrace

Landscaped gardens

Company

+254 743 466209 / +254 757 488833

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