Real Estate Investment in kenya. Buy a share at kes 780,000 to obtain 4.2 years for return on investment in Fully furnished apartment or 10 years in monthly rental or 20% per year capital gain after selling.

Real Estate Investment in kenya.
Buy a share at kes 780,000 to obtain 4.2 years for return on investment in Fully furnished apartment or 10 years in monthly rental or 20% per year capital gain after selling.

Number of Shares.

The project is divided based on the maximum number of 2 bedroomed units that can fit and be approved by the local authority.
The 6m building setback from the access road has been observed.
This leaves the project with a possibility of 4 no. 2 bedroomed units per each floor.
The 2 bedroomed units have been designed such that the livng room can convert into a self contained bedroom to make a total of 3 bedrooms.

The unit has been designed such that each of the 3 self contained rooms, i.e 2 bedrooms plus the living room can be separately sold out under sectional title ownership.

Each such room represents a share.

The 4 units of 2 bedroomed will this have 3 rooms x 4 units=12 shares.
A floor level will this have 12 shares.

Value of share.

These shares will trade at kes 780,000 at entry level. This amount guarantees a complete self contained room within a middle class neighborhood.

Resale of Share.

A seller can then resell their share at an agreed price with the buyer.
The land inclusive of the 12 rooms will be owned by a Limited Liability company that has 12 shares.
Some buyers may prefer to buy more than 1 share . There is no minimum number and the maximum number is 12 per 1 shareholder i.e. only 1 owner for the whole project.
A buyer may opt to live in their unit or rent it out.

Francis Gichuhi Kamau, Architect.
0721410684
info@a4architect.com

Francis Gichuhi (692 Posts)

Architect Francis Gichuhi . B.Arch. University of Nairobi. Registered Architect, Kenya. Member, Architectural Association of Kenya. Contacts. email info@a4architect.com. Telephone +254721410684


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