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Off-plan Real Estate Investment
mtaalamu
#1 Posted : Saturday, January 27, 2024 12:46:35 PM
Rank: New-farer


Joined: 4/19/2010
Posts: 11
Dear Wazuans,
Has anyone purchased real estate such as an apartment or villa off-plan? If so, which developer or real estate company did you use? Are there any aspects to pay attention to or pitfalls to watch out for, when selecting a property developer? Please share your experience.
Thank you.
VituVingiSana
#2 Posted : Thursday, February 08, 2024 8:32:20 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,095
Location: Nairobi
Depending on what you want and where you want to buy.

Centum has 3 projects in Two Rivers:

- Cascadia which, after some delays, expects to have 2 towers complete by end Sep 2024. The "off-plan" opportunity may be the towers that have not been completed.

- Mzizi is supposed to be 5 towers with 2 under construction. You can look at the other 3.

- Loft is probably sold out but I think they have another "villa" project planned.

In Kilifi, you can buy into Palm Ridge and Awali off-plan.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mtaalamu
#3 Posted : Friday, February 09, 2024 2:20:07 AM
Rank: New-farer


Joined: 4/19/2010
Posts: 11
@VituVingiSana, Thank you for the information.
I am targetting an apartment either in Mombasa island(Kizingo area), South coast or Nyali areas.

And does anyone have any experience dealing with Hassconsult or Fairdeal properties?
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