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Mini 1 bedroom apartment in Westlands

Westlands

Apartment

Offplan

Description

This upcoming development boasts a prime location with high rental demand, top - notch amenities, stylish decor, and well- designed living spaces. It comprises two hundred and thirty seven quality 1 and 2 - bedroom apartments, spread through 19 floors, and various modern amenities, redefining urban living. The development is in close proximity to the bustling business hub of Nairobi and to offices of renowned global companies. A quick turn right onto the expressway leads to Jomo Kenyatta International Airport, Nairobi Central Business District, and Upperhill in under 15 minutes, while a left turn allows you to exit the city and explore the enchanting landscapes of Kenya.

1br

1

35M2

Completion Date

Expected completion date: 31 Jan 2027

Cash Payment Details

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Cash Price:

Kshs 5,800,000

Cash Payment Plan:

10% upon signing of offer letter, 10% upon signing of sale agreement, 80% in 90 days after signing the sale agreement & additional 6.7 % of the sale price as closing cost (Kshs 388,600)

Installment Payment Details

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Installment Price:

Kshs 5,800,000

Installment Payment Plan:

20% upon signing of offer letter, 10% upon signing of sale agreement, 70 % spread through the construction period & additional 6.7 % of the sale price as closing cost (Kshs 388,600)

Home Loan Payment Details

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Home Loan Price:

Kshs 6,380,000

Deposit Percentage(%):

20%

Deposit Amount:

Kshs 1,276,000

5yr Repayment Options:

Kshs 107,194

10yr Repayment Options:

Kshs 66,045

15yr Repayment Options:

Kshs 53,298

Mortgage Payment Plan:

Approx: 20 % deposit, 80 % 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 427,460)

Investment Profile
Expected Rent:

Kshs 63,000

Rental Yield(%):

13.03%

Payback Period(years):

8 Years

Service Charge(pm):

Kshs 7,000

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

Swimming pool

Backup generator

Gym

Social hall

Co-Working space

Backup water supply

Spa

Other Details
No. of Apartments:

237

Company

+254 743 466209 / +254 757 488833

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