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2 bedroom apartment in Rongai

Rongai

Apartment

Under Construction

Description

This development is a showpiece nestled in Ongata Rongai, which offers residents a serene and peaceful atmosphere away from the city’s hustle and bustle. It comprises meticulously designed 1, 2 and 3 - bedroom apartments, featuring modern amenities which make the development a true masterpiece of residential living. Construction of phase 1 ends in December 2025.

2br

2

69M2

Commencement Date

Project Commencement date: 01 Aug 2024

Completion Date

Expected completion date: 31 Dec 2025

Cash Payment Details

?

Cash Price:

Kshs 4,938,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (Kshs 330,846)

Installment Payment Details

?

Installment Price:

Kshs 4,938,000

Installment Payment Plan:

20 % deposit within 7 days upon signing the offer letter, balance spread out in installments through the construction period & additional 6.7 % of the sale price as closing cost (Kshs 330,846)

Home Loan Payment Details ?
Home Loan Price:

Kshs 5,738,000

Deposit Percentage(%):

20%

Deposit Amount:

Kshs 1,147,600

5yr Repayment Options:

Kshs 96,407

10yr Repayment Options:

Kshs 59,399

15yr Repayment Options:

Kshs 47,935

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 384,446)

Investment Profile
Expected Rent:

Kshs 37,000

Rental Yield(%):

8.99%

Payback Period(years):

11 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

Borehole

Backup generator

Satellite TV

Swimming pool

Kid's Play Area

Manned entry & exit

Fully equipped gym

Internet provision

Ample parking

Social hall

High speed lifts

Other Details
No. of Apartments:

148

Company

+254 743 466209 / +254 757 488833

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