mwekez@ji wrote:Thinking of Nairobi and environs. Which completed/ongoing projects would you suggest?
I would recommend building but if you dont have the stomach for that, try greatwall phase 3.
30% deposit (which is 1.5m+300k in other charges). that means that with 6m you can book 3 units.
Mortgage financed by DBK at 8% fixed interest rate (this rate is guaranteed because the construction money came from EXIM Bank of China)
The houses are nearing completion.
Plinth area 103 sq metres or thereabout.
Location : Mlolongo/syokimau.
Expected rent should be in region of 25k for a 3 br