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2 bedroom apartment in Tatu City

Tatu City

Apartment

Complete

Description

This modern, low - rise, family friendly residential development is located in Tatu City. It comprises 640 units of 2 - bedroom apartments, spread through 40 blocks. 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. Phase 1 of the project is complete and ready for occupation. Phase 2 and 3 are currently under construction, to be completed and handed over in December 2024 and February 2026 respectively.

2br

2

75M2

Completion Date

Expected completion date: 28 Sep 2024

Cash Payment Details

?

Cash Price:

Kshs 10,300,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost ( Kshs 690,100)

Installment Payment Details

?

Installment Price:

Kshs 12,200,000

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 ( Kshs 817,400)

Home Loan Payment Details ?
Home Loan Price:

Kshs 10,500,000

Deposit Percentage(%):

25%

Deposit Amount:

Kshs 2,625,000

5yr Repayment Options:

Kshs 165,390

10yr Repayment Options:

Kshs 101,901

15yr Repayment Options:

Kshs 82,233

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 (Kshs 703,500)

Investment Profile
Expected Rent:

Kshs 54,000

Rental Yield(%):

6.29%

Payback Period(years):

16 Years

Service Charge(pm):

Kshs 4,500

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

Coffee shop

Swimming pool

Toy & books library

Gym

Sports bar

Parking

Minimart

Other Details
Size Of Land:

10.40 acres

No. of Blocks:

40

No. of Apartments:

640

No. of Floors:

4

Company

+254 743 466209 / +254 757 488833

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