Month: May 2013

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…

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…