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1 bedroom apartment in Ruaka

Ruaka

Apartment

Offplan

Description

This development is a unique collection of contemporary and luxurious 1, 2 and 3 - bedroom apartments set amidst 3.7 acres of lush gardens, complete with a fruit tree orchard at the center of a secure gated residential community. Providing all the necessary amenities for modern living, the development distinguishes itself from others. The development consists of 2 Phases, with phase 1 having 2 sub - phases, 1 (a) and 1 (b). Construction is set to begin with Phase 1 (a) in Q3 of 2025.

1br

1

45M2

Completion Date

Expected completion date: 30 Jun 2026

Cash Payment Details

?

Cash Price:

Kshs 5,900,000

Cash Payment Plan:

10 % upon signing the offer letter, 10 % upon signing the sales agreement, 80 % payable in 90 days & additional 6.7% of the sale price as closing cost (Kshs 395,300)

Installment Payment Details

?

Installment Price:

Kshs 5,900,000

Installment Payment Plan:

10 % upon signing the offer letter, 10 % upon signing the sales agreement, 80 % spread out through the construction period, & additional 6.7 % of the sale price as closing cost (Kshs 395,300)

Home Loan Payment Details ?
Home Loan Price:

Kshs 6,490,000

Deposit Percentage(%):

20%

Deposit Amount:

Kshs 1,298,000

5yr Repayment Options:

Kshs 109,042

10yr Repayment Options:

Kshs 67,184

15yr Repayment Options:

Kshs 54,217

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 (Kshs 434,830)

Investment Profile
Expected Rent:

Kshs 35,000

Rental Yield(%):

7.12%

Payback Period(years):

14 Years

Service Charge(pm):

Kshs 5,000

Disclaimer:

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

Rental yields are estimates and may vary with time.

Amenities

Garden

Co-Working space

Laundry matt

Kid's Play Area

BBQ Facilities

Fully equipped gym

Social hall

Other Details
No. of Apartments:

391

Company

+254 743 466209 / +254 757 488833

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