1 bedroom apartment in Tatu City

Apartment

Under Construction

Description

Situated at the heart of the rising Tatu City, is this modern, low-rise, family friendly residential development. Sitting on 7 acres, it is a fusion of a contemporary lifestyle and community development. Complete with enchanting park views together with expansive outdoor amenities, the development creates a truly lucrative investment opportunity for any investor and an ultra modern, all inclusive lifestyle for residents.

1br

1

45M2

Completion Date

Expected completion date: 2024-09-01

Cash Payment Details

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Cash Price:

Kshs 6,010,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost ( KES 402,670)

Installment Payment Details

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Installment Price:

Kshs 7,440,000

Installment Payment Plan:

25% deposit within 30 days of booking a unit, balance paid in three lump-sum payments of 25% after every 8 months & additional 6.7 % of the sale price as closing cost ( KES 498,480)

Mortgage Payment Details

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Mortgage Price:

Kshs 6,010,000

Deposit:

25%

Deposit Amount:

Kshs 1,502,500

5yr Repayment Options:

Kshs 94,666 p.m

10yr Repayment Options:

Kshs 58,326 p.m

15yr Repayment Options:

Kshs 47,069 p.m

Mortgage Payment Plan:

Approx:25% deposit, 75% 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 402,670)

Investment Profile
Expected Rent:

Kshs 29,250

Rental Yield:

5.84%

Payback Period:

17.12 years

Service Charge:

Kshs 2,750 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

Swimming pool

Parking

Gym

Coffee shop

Toy & book library

Minimart

Sports bar

Company

+254 743 466209 / +254 757 488833

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