Ruhiu The Realtor
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Come Umiliki!!
Are you looking for a nice plot of land in a prime location? Miliki Prime Phase I is the place for you. Beset in a quiet neighborhood, the project is easily accessible via SGR. It is located near NACHU substation at Kamangu area. The area touches the recently constructed Dagoretti-Mutarakwa road and winds gently from the Southern Bypass. The area has decent shopping facilities, and is in close proximity to great schools such as Green gardens and Moi girls. Good hospitals and restaurants are also within the area. Price;900K CALL 0708 216250
Mortgage finance in Kenya.
Patrick Kiruhi
Patrick Kiruhi
Commercial and Residential Real Estate Expert.
2 articles
December 8, 2021
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Mortgage financing for real estate in Kenya is a viable option if you are looking to purchase property. However, it is good to put into account a number of things before making your move.
The interest rates for loans in Kenya are very high compared to those of advanced economies. This means that if you fail to do your maths right, you will end up paying very high for your property. If you have a stable source of income, and you are eligible for a mortgage, try shopping around for the best deal. Do not just secure financing from any bank. Try consulting with a financial expert as well.
The greatest risk of a mortgage is the probability of a foreclosure. Once you default, the bank will come knocking. The repercussions may be detrimental. You end up losing your property and a good amount of your hard earned cash. Lets face it, it is wise to conduct a thorough background check before rushing into that decision. What other options might you have? Just take your time and look at your options. Still, mortgage financing remains one of the most credible way to finance your purchase, but it is always good to ensure that you have got enough leverage.
Real Estate is ranked among the most resilient and profitable investment ventures in Kenya. The sector has showcased exponential growth during the last two decades compared to other traditional assets such as bonds and equities.
Real Estate provides investors with opportunities in both commercial and residential markets. Investments in office space, retail space, industrial space, and rental residence are all viable options for one to make a consideration. Investment in land is also another category that has taken shape due to massive infrastructural projects.
The Kenyan government is keen on improving the road network and other utility connections such as power provision. The Real Estate sector has become one of the biggest beneficiaries of such interventions. The demand trajectory for housing and commercial projects has been on a steady rise. Purchase of apartments and commercial space, buying of land, leasing of commercial space and investments in Real Estate Investment Trusts (REITS) continues to rise.
Another key performance indicator that can be used to assess the sector is the rate of return on investment (ROI). The Real Estate sector has recorded gains of up to 25% returns since the year 2000. Such lucrative returns may not be sustainable in the long term, but they paint a good picture of how well the sector has been doing.
A debate continues among speculators whether the ‘’Real Estate bubble ’’ has any signs of bursting. While there are glimpses of the markets slowing down, nothing substance indicates a downturn just yet. Investors need to be more strategic and protect themselves from potential risks. A need to align any project with the current forces of demand and supply is vital. For instance, an influx of office space in areas such as Westlands and Upperhill has caused a slowdown in the uptake of commercial units in the areas. A high supply of residential apartments in Kileleshwa, Kilimani and parts of Westlands has surpassed the demand. Therefore, it is prudent for every investor to exude caution as part of their decision process.
Kenya's growing middle class and infrastructure growth has been a major boost for the Real Estate sector. A slight shift in the pendulum is however expected with the current debt crisis facing the country. Inflation is considerably high and the effect has hit both the construction and Real Estate sectors. However, with a more strategic approach and portfolio diversification, Real Estate remains one of the most promising ventures in the country.
Escape to paradise at Jacaranda Beach Gardens in Watamu! 💙
With a cash price of only Kshs. 450K or installment option of Kshs. 480K, owning your dream beach plot has never been easier.
Plus, make a deposit of 100K and get a free air ticket for a site visit! 🌴 Don't miss out on this amazing opportunity to own a piece of heaven on earth.
0769 12 44 44/ 0769 12 88 88
Do you know the emerging Real Estate markets in Kenya?
1. Kilifi County
2. Nanyuki
3. Matuu
4. Makuyu
5. Chaka
6. Isiolo
7. Nakuru
Jacaranda beach Gardens- watamu
Features:
1. 50x 100 ft in size
2. 2.5 kms from the beach
3. 10kms to watamu town
4. 10 kms to malindi international airport
5. 2kms from major resorts like Jacaranda beach resort, the one watamu bay, Twiga beach resort and others
6. Magnificent gate with a beach viewing deck
7. Borehole on site
8. One and a half acres reserved for a club house, common swimming pool, business centre and a convenience stores, clicic, Salon, barber shop.
5.Two acres reserved for two resorts
6.Solar panels to be erected along the main streets
7. Palm and ashoka trees to be planted along the main streets
8. Mawasco water to be connected to the site.
9. Mother title already in our name.
10. Good for Holiday homes and cottages, Air bnn, resorts and others.
INTRODUCING AFFORDABLE PRIME LAND IN MATUU.
TUMAINI MATUU GARDENS PHASE 2
✅FREE TRANSPORT To and From the site.
📍Pickup location is Greec Towels, opposite Ruiru mabati, Ruiru.
📍LOCATION:
MATUU KAGONDE ,
5 kilometers from Matuu Town and 2 kilometers from Kanyonyo shopping center along Embu-Siakago road and 500 metres from Kagonde shopping centre.
Our properties have all Basic Amenities such as:
✔️Touching all weather road.
✔️Water and Electricity.
✔️Nearby schools and hospitals.
✔️Good security.
✔️READY TITLE DEEDS
PRICE of 50 * 100 PLOTS:
CASH: Ksh 199,000/=
INSTALLEMNTS : Ksh 215,000/= with a deposit of 50% for land reservation, installements payable in 3 MONTHS.
For more information:
CALL US : 0713668177
Our Offices:
📍Ruiru Town: Greec towels,1st Floor.
MATUU GARDENS PHASE II SITE VISIT
Mursons Realtors welcomes you to our MEGA SITE VISIT this Saturday, 11th March, 2023 at 8:00 a.m. The visit is free of charge to view our plots in Matuu selling @ Kshs 199k cash offer. The pick up point shall be outside our office at Greec Towers, Ruiru Town opposite Ruiru Mabati Factory. For more details call 0708216250. WELCOME.
GRAND SITE VISIT ALERT!!
This Saturday 11th of March, Mursons Realtors invites to our Matuu Gardens Phase II. The site visit is free of charge. We shall proceed to view our plots in Matuu selling @ Kshs 199k only, at 9:00 a.m. The pick up point shall be outside our office at Greec Towers, Ruiru Town, opposite Ruiru Mabati Factory. For more details, call 0708216250. WELCOME.
Matuu Gardens Phase II.
Located a few Kms from Matuu township, 45 mins drive from Thika town.
50*100 plots with ready title deeds.
Water and electricity available.
Suitable for both commercial and residential purposes.
Contact 0708216250 for more details.
50*100 plots available in Matuu, 500m off the Embu-Siakago highway. Ready title deeds available. Free site visits on Wednesdays and Saturdays. Book a site visit today! 0708216250.
Three acres available for sale in Laikipia, Ngobit ward. 7kms off Nyeri-Nyahururu highway. Good for farming and has a good terrain. Touches a well graded murram road. 1M per acre. 0708216250.
Four acres for sale at Ichagaki, Ichagaki, Maragua in Muranga county. The land is touching the tarmac. A few meters from Ichagaki boys and touches the river. 3M per acre. Call 0708216250.
Click here to claim your Sponsored Listing.
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