KSh 40,000,000
2-Bedroom Apartment for Sale in Muthiga, Kinoo

1 / 5
Price Analysis Above Market
Based on 582 similar listings
Negotiation Tips
Price is significantly above market
Suggested offer: KSh 15.75M
Potential discount up to 63%
Market Demand
High Demand
Details
- Bedrooms
- 2
- Bathrooms
- 2
- Condition
- Fairly Used
- Furnishing
- Unfurnished
- Estate Name
- Muthiga
- Property Type
- Apartment
- Property size
- 235 sqm
- Property Address
- Muthiga
2-Bedroom Apartment for Sale in Muthiga, Kinoo Highlights
- Convenient Location in Muthiga: Apartments in Muthiga, Kinoo offer proximity to essential services and transport links. This area is known for its growing residential community.
- Functional 2-Bedroom Layout: A 2-bedroom apartment typically provides adequate living space for small families or couples. The layout usually includes a living area, kitchen, and bathrooms.
- Unfurnished for Personalization: Unfurnished apartments allow buyers to customize the space with their own furniture and decor. This offers flexibility in creating a personalized living environment.
- Fairly Used Condition: Fairly used properties may show signs of wear but are generally in good working order. Buyers can expect a property that has been lived in but maintained.
- Standard Apartment Utilities: Apartments typically have access to essential utilities like water and electricity. Connection and billing are usually managed through service providers.
- Neighborhood Security Considerations: Security in residential areas like Muthiga can vary. Buyers should inquire about existing security measures within the apartment complex and the wider neighborhood.
Description
• This property comprises 20 apartment units on a 100x100 ft plot, generating KSh 390,000 monthly. • Includes 5 units at KSh 18,000/month and 15 units at KSh 20,000/month. • Strategically located in Muthiga, Kinoo, offering good accessibility and development. • Ideal for investors seeking immediate rental income and long-term capital appreciation. • Property is an established residential development with a solid rental history. • The plot size of 100x100 ft provides ample space for the existing units.
Compare
This item2-Bedroom Apartment for Sale in Muthiga, Kinoo KSh 42,000,000 | ![]() 4 Bedroom Maisonette for Sale in Kerarapon KSh 40,000,000 | ![]() Furnished 3-Bedroom Villa in Watamu for Sale KSh 32,000,000 | |
|---|---|---|---|
| Condition | Fairly Used | Fairly Used | Newly Built |
| Property Type | Apartment | Maisonette | Villa |
| Bedrooms | 2 | 4 | 3 |
| Bathrooms | 2 | 4 | 2 |
| Furnishing | Unfurnished | Unfurnished | Furnished |
| Estate Name | Muthiga | Kerarapon | — |
| Property size | 235 sqm | 215 sqm | 1,000 sqm |
| Property Address | Muthiga | Drive 22 | Watamu on Turtle Bay Road Near Watamu Turtle Watch |
| Price | KSh 42,000,000 | KSh 40,000,000 | KSh 32,000,000 |
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