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Mtwapas billionare heights
bartum
#1 Posted : Tuesday, December 29, 2015 9:32:41 AM
Rank: Veteran


Joined: 8/11/2010
Posts: 1,011
Location: nairobi
How is this development.is worth committing cash,
maka
#2 Posted : Friday, January 01, 2016 9:39:22 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
bartum wrote:
How is this development.is worth committing cash,


pathetic....
possunt quia posse videntur
MatataMingi
#3 Posted : Friday, January 01, 2016 3:52:07 PM
Rank: Member


Joined: 11/17/2009
Posts: 398
Location: Where everyone knows you
What / where is it? Any Links
hardwood
#4 Posted : Saturday, January 02, 2016 10:46:03 AM
Rank: Elder


Joined: 7/28/2015
Posts: 9,562
Location: Rodi Kopany, Homa Bay
MatataMingi wrote:
What / where is it? Any Links


http://www.the-star.co.k...w-income-buyers_c1260796
kiash
#5 Posted : Sunday, January 03, 2016 8:36:31 PM
Rank: Veteran


Joined: 4/27/2010
Posts: 951
Location: Nyumbani
Just another ugly building done by a Nairobi Aviation college's Architect.
littledove
#6 Posted : Monday, January 04, 2016 9:03:06 AM
Rank: Veteran


Joined: 7/1/2014
Posts: 903
Location: sky
PRICING

Studio Apartment at Ksh 1,800,000

1 BDR Apartment at Ksh 2,500,000

2 BDR Apartment at Ksh 4,000,000
Return On Investment In 3 Years

- Renting a studio furnished 3000 per day assume 20 days in a month that's 60k assume its rented for 10 months only that's 600k so in three years you recover your money

- 1 bedroom rents at around 5000 rent for 20 days its 100k assume its rented for 10 months 1m returns in less than three years

- 2 bedroom rents at 7000 20 days is 140k assuming 10 months in a year is 1.4m also returning in less than three years

are those figures even realistic,renting i bedroom at 5k and 2 bedroom at 7k PER DAY bearing in mind the place will be very conjested (more than 130 tenants in 1/2 acre)
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
MaichBlack
#7 Posted : Monday, January 04, 2016 12:19:24 PM
Rank: Elder


Joined: 7/22/2009
Posts: 7,452
Those fellows are totally deluded!!! Why would I want to pay 5k for a studio apartment while for the same amount I can put up at Kahama Hotel only a couple of kilometres away - in a more superior environment, service, buffet breakfast etc. etc.??? Numerous other hotels in the same neighbourhood competing for the same clients - between city mall and mtwapa!!!
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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