| Description: | Property Overview
- Strategically located in Upper Hill – Nairobi’s medical & commercial hub
- Positioned directly opposite Nairobi International Hospital
- Ideal for medical tourists, corporate professionals & international students
- Designed as a high-performance Airbnb & short-stay investment asset
- Near completion – ready-to-rent opportunity with minimal waiting time
Available Units & Selling Prices (USD)
2 Bedroom Apartments
- 71 sqm – From $132,000
- 81 sqm – From $143,300 – $170,723
Available on higher floors (19th – 32nd floor)
Rental Income Potential
Unit TypeUnfurnished Rent (KES)Furnished Rent (KES)
Studio
Unfurnished Rent: 70,000
Furnished Rent: 120,000 – 130,000
1 Bedroom
Unfurnished Rent: 100,000
Furnished Rent: 140,000 – 150,000
2 Bedroom
Unfurnished Rent: 140,000
Unfurnished Rent: 230,000 – 250,000
Expected Rental Yield: 9% – 12% per annum
Projected Annual Rental Growth: 7%
Historical Capital Appreciation: Approx. 50%
Projected Post-Completion Appreciation: 5% per annum
Amenities & Facilities
- Rooftop Infinity Pool
- Fully Equipped Gym & Spa
- Sky Lounge & Entertainment Area
- Landscaped Zen Garden (10th Floor)
- High-Speed Lifts
- Backup Generator
- Borehole Water Supply
- 24/7 CCTV & Access Control
- Ground Floor Retail Spaces
- International Top-Floor Restaurant
Investment Highlights
- Medical Airbnb niche market (recovering patients & medical staff)
- Located within Upper Hill’s core hospital & corporate district
- Strong, diversified tenant pool (corporate, students, medical guests)
- Near-ready units reduce holding period risk
- Turnkey short-term rental opportunity
Additional Costs (At Completion)
- Legal Fees: 1.5% of purchase value
- Estimated Stamp Duty: 4% of purchase value
- Valuation & Registration: $371.33
- Water & Electricity Deposit: $100
- Initial Service Charge Deposit (3 months)
- Advance Service Charge / Sinking Fund (6 months)
Ideal For
- Real estate investors seeking Airbnb-ready assets
- Medical tourism investors
- Corporate housing providers
- Buyers looking for strong ROI in Upper Hill
Why Altura?
- Unique residential tower in Upper Hill’s commercial zone
- High-demand rental location
- Premium lifestyle amenities
- Strong yield + capital appreciation potential
- Limited availability as project nears completion
|
There are no comments yet
Leave a Comment