Studio apartment in South B

Apartment

Under Construction

Description

The development comprises studios and 1 bedroom modern apartments that epitomizes the very best in lifestyle, location and luxury. It is located on the highly desirable South B area overlooking the great Nairobi Express Way, CBD Skyline, Nairobi National Park, Mombasa Road and Southern Bypass.

studio

1

24.62M2

Completion Date

Expected completion date: 2025-08-01

Cash Payment Details

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Cash Price:

Kshs 2,200,000

Cash Payment Plan:

100 % payment & additional 6.7 % of the sale price as closing cost ( Kshs 147,400)

Installment Payment Details

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Installment Price:

Kshs 2,200,000

Installment Payment Plan:

25 % deposit, balance spread out through the construction period & additional 6.7 % of the sale price as closing cost (Kshs 147,400)

Mortgage Payment Details

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Mortgage Price:

Kshs 2,200,000

Deposit:

25%

Deposit Amount:

Kshs 550,000

5yr Repayment Options:

Kshs 34,654 p.m

10yr Repayment Options:

Kshs 21,351 p.m

15yr Repayment Options:

Kshs 17,230 p.m

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 147,400)

Investment Profile
Expected Rent:

Kshs 20,000

Rental Yield:

10.91%

Payback Period:

9.17 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

Swimming pool

Ample parking

Fully equipped gym

Backup generator

CCTV

Business Centre

WiFi Connectivity

High speed lifts

Satellite TV

Rooftop restaurant

Resident lounge

Manned entry & exit

Company

+254 743 466209 / +254 757 488833

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