Studio apartment in Ruaka

Apartment

Under Construction

Description

The development sits on 1 acre, spread across 11 floors with a floor-to-ceiling height of 3 meters. It's characterised by quality and modern finishes and well-designed layout of the various unit typology comprising studios, 1, 2 & a few 3 bedrooms. The kitchen comes fitted with a 2 (studio & 1 bed) and 4 (2 & 3 bed) burner hob. It offers easy access to an array of shopping centres like Two Rivers Mall, Quick Mart, Rosslyn Riviera and The Village Market and health care facilities including Nairobi Hospital outpatient1centre and MP Shah Hospital (village medical centre). School: Potter house school, Rosslyn academy and school of Nations.

studio

1

43M2

Completion Date

Expected completion date: 2024-05-31

Cash Payment Details

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Cash Price:

Kshs 3,500,000

Cash Payment Plan:

20% deposit, balance upon signing of sale agreement & additional 6.7 % of the sale price as closing cost (KES 234,500)

Installment Payment Details

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Installment Price:

Kshs 3,500,000

Installment Payment Plan:

20% deposit, balance spread out in monthly installments & additional 6.7 % of the sale price as closing cost (KES 234,500)

Mortgage Payment Details

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Mortgage Price:

Kshs 3,500,000

Deposit:

20%

Deposit Amount:

Kshs 700,000

5yr Repayment Options:

Kshs 58,806 p.m

10yr Repayment Options:

Kshs 36,232 p.m

15yr Repayment Options:

Kshs 29,239 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 234,500)

Investment Profile
Expected Rent:

Kshs 20,000

Rental Yield:

6.86%

Payback Period:

14.58 years

Service Charge:

Kshs 2,000 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

Borehole

Swimming pool

Ample parking

Fully equipped gym

CCTV

Tarmac & Cabro Paved Roads

Company

+254 743 466209 / +254 757 488833

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