Studio apartment in Riara

Apartment

Under Construction

Description

The development has a delightful composition of Studios, 1, 2 and 3 bedroom apartments, meticulously designed to accommodate both live-in and investment needs. Nestled in the mid of the vibrant upmarket Thompson Estate on Riara Road, and adjacent to the bustling Junction Mall, the development offers convenience of all-under-one-roof experience to its residents.The units layouts allow for ample natural lighting and are full of fluidity and functionality.

studio

1

32.36M2

Completion Date

Expected completion date: 2026-08-31

Cash Payment Details

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Cash Price:

Kshs 5,752,993

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost (Kshs 385,450.531)

Installment Payment Details

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Installment Price:

Kshs 5,752,993

Installment Payment Plan:

20% reservation, 15% upon signing the sales agreement, 65% spread through the payment plan you chose & additional 6.7 % of the sale price as closing costs (Kshs 385,450.531)

Mortgage Payment Details

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Mortgage Price:

Kshs 5,752,993

Deposit:

20%

Deposit Amount:

Kshs 1,150,598.6

5yr Repayment Options:

Kshs 96,659 p.m

10yr Repayment Options:

Kshs 59,554 p.m

15yr Repayment Options:

Kshs 48,060 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 (Kshs 385,450.531)

Investment Profile
Expected Rent:

Kshs 50,000

Rental Yield:

10.43%

Payback Period:

9.59 years

Service Charge:

Kshs 5,000 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

Fully equipped gym

Landscaped gardens

Heated swimming pool

Reception

Backup generator

Terrace

Meeting room

High speed lifts

Large Balconies

Close proximity to Junction Mall

Company

+254 743 466209 / +254 757 488833

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