Month: May 2013
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Viability between 2bd, 1bd and bedsitter project for rent at Thika.
Viability between 2bd, 1bd and bedsitter project for rent at Thika. This area is generally middle class so we will assume middle class finishes estimated at KES 30,000 per m2. Area. An average middle class 2 bedroomed is 60m2 in plinth area. An average 1 bedroomed is 30m2 and bedsitter is 16m2. The cost for…
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REAL ESTATE INVESTMENT OPPORTUNITY IN KENYA. HOSTELS AT PANGANI.Budget. 10m
REAL ESTATE INVESTMENT OPPORTUNITY IN KENYA. HOSTELS AT PANGANI.Budget. 10m Working on an assumed budget of kes 10m, its possible to venture into hostel investment by renting out a block of flats in a neighborhood near a learning institution and converting it into student hostels. CURRENT RENT. The average rent for a 2 bedroomed flat…
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Real Estate Investment opportunities in Kenya. Hostels.
Real Estate Investment opportunities in Kenya. Hostels. Real Estate investment opportunities in Kenya can be found in residential for sale, residential for rent, hotels, hostels, learning institutions, homes for the aged, hospitals, offices for sale, offices for rent among others. Hostels are bedsitter like type of rooms built near Universities and colleges for student accommodation.…
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Constructing on Black cotton soil in Kenya.
Constructing on Black cotton soil in Kenya. Black cotton soil is found abundantly in most regions in Kenya. Black cotton soil tends to soak water during the rainy season and expand and shrink during the dry season. This expansion and shrinkage creates up and down movements on the ground floor slab, resulting to cracks. To…
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How Architectural design service is provided by Architect to Client.
How Architectural design service is provided by Architect to Client. Architectural design is governed by CAP 525 of the Laws of Kenya and the service is divided into 5 parts as per the law.See the law excerpts here. Part A. Inception. Here, the architect will give you the role of various consultants in the building…
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Real Estate Investment opportunities in Kenya. Hostels.
Real Estate Investment opportunities in Kenya. Hostels. Real Estate investment opportunities in Kenya can be found in residential for sale, residential for rent, hotels, hostels, learning institutions, homes for the aged, hospitals, offices for sale, offices for rent among others. Hostels are bedsitter like type of rooms built near Universities and colleges for student accommodation.…
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FEASIBILITY STUDY FOR HIGHRISE HOUSING IN PANGANI, NAIROBI ON A 0.25 ACRE PLOT.
FEASIBILITY STUDY FOR HIGHRISE HOUSING IN PANGANI, NAIROBI ON A 0.25 ACRE PLOT. Land Cost. A 0.25 acre plot in Pangani costs around KES 50m. A maximum of 10 floor levels is possible, similar to the Chinese 10 floor building opposite thwe Pangani Mosque. Car Parking. This can park 28 cars per underground level. For…
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How to obtain financing for Real Estate Projects in Kenya.
How to obtain financing for Real Estate Projects in Kenya. There are 3 options. Option 1. Joint Venture. 1. Joint venture. This method as advantages in that you will not require to put any monetary input apart from the land and consultancy fees. The disadvantage is that the JV partner will take in a huge…
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FEASIBILITY STUDY FOR HIGHRISE HOUSING IN PANGANI, NAIROBI ON A 0.25 ACRE PLOT.
FEASIBILITY STUDY FOR HIGHRISE HOUSING IN PANGANI, NAIROBI ON A 0.25 ACRE PLOT. Land Cost. A 0.25 acre plot in Pangani costs around KES 50m. A maximum of 10 floor levels is possible, similar to the Chinese 10 floor building opposite thwe Pangani Mosque. Car Parking. This can park 28 cars per…