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2 bedroom apartment in Riara

Riara

Apartment

Under Construction

Description

The development is located on Riara Road, around 100 meters away from Junction Mall. It offers exclusive 2 and 3 bedroom apartments of various sizes, meticulously designed to deliver an epitome of contemporary living. The address is full of convenience and offers very easy access to Ngong’ Road, Naivasha Road, and James Gichuru all the way to Waiyaki way.

2br

2

110M2

Completion Date

Expected completion date: 01 Nov 2026

Cash Payment Details

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Cash Price:

Kshs 12,000,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (Kshs 804,000)

Installment Payment Details

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Installment Price:

Kshs 12,000,000

Installment Payment Plan:

30 % deposit, balance structured in 7 % quarterly installments & additional 6.7 % of the sale price as closing cost (Kshs 804,000)

Home Loan Payment Details

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Home Loan Price:

Kshs 12,000,000

Deposit Percentage(%):

30%

Deposit Amount:

Kshs 3,600,000

5yr Repayment Options:

Kshs 176,416

10yr Repayment Options:

Kshs 108,694

15yr Repayment Options:

Kshs 87,715

Mortgage Payment Plan:

Approx:30% deposit, 70% 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 804,000)

Investment Profile
Expected Rent:

Kshs 82,000

Rental Yield(%):

8.2%

Payback Period(years):

12 Years

Service Charge(pm):

Kshs 8,000

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

Kid's Play Area

Borehole

Ample parking

Fully equipped gym

Backup generator

CCTV

Intercom

Rooftop Terrace

Heated swimming pool

Company

+254 743 466209 / +254 757 488833

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