2 bedroom apartment in Sabaki

Apartment

Under Construction

Description

The development comprises Studios, 1, 2 & 3-bedroom low-rise apartments ideal for a family set-up in Sabaki, Athi River and 5 minutes from Signature Mall. It's in a well-planned gated community that boasts expansive open and green spaces. It is characterised by quality and durable finishes with a well-planned unit layout. Phase 1 is on schedule to be handed over in March 2024. Phase 2 and Phase 4 will be completed in June 2024, and Phase 3 will be completed in December 2024.

2br

3

99M2

Completion Date

Expected completion date: 2024-02-28

Cash Payment Details

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Cash Price:

Kshs 7,000,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (KES 469,000)

Installment Payment Details

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Installment Price:

Kshs 7,000,000

Installment Payment Plan:

20% deposit, balance payable across the construction period & additional 6.7 % of the sale price as closing cost (KES 469,000)

Mortgage Payment Details

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Mortgage Price:

Kshs 7,000,000

Deposit:

20%

Deposit Amount:

Kshs 1,400,000

5yr Repayment Options:

Kshs 117,611 p.m

10yr Repayment Options:

Kshs 72,463 p.m

15yr Repayment Options:

Kshs 58,477 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 469,000)

Investment Profile
Expected Rent:

Kshs 41,500

Rental Yield:

7.11%

Payback Period:

14.06 years

Service Charge:

Kshs 3,500 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

Swimming pool

Backup generator

CCTV

Balcony

Water Purifier

Intercom

Solar Lighting

Supermarket

Gym

Club House

Company

+254 743 466209 / +254 757 488833

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