2-Bedroom Apartment for Sale in Muthiga, Kinoo

2-Bedroom Apartment for Sale in Muthiga, Kinoo - 1
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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

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ConditionFairly UsedFairly UsedNewly Built
Property TypeApartmentMaisonetteVilla
Bedrooms243
Bathrooms242
FurnishingUnfurnishedUnfurnishedFurnished
Estate NameMuthigaKerarapon—
Property size235 sqm215 sqm1,000 sqm
Property AddressMuthigaDrive 22Watamu on Turtle Bay Road Near Watamu Turtle Watch
PriceKSh 42,000,000KSh 40,000,000KSh 32,000,000