Month: July 2021

The Miami Champlain towers was built in 1981 . Sale price then was USD 140,000, approximately KES 14million. Current sale price of the 2 bedroomed unit is approximately usd 600,000, kes 60,000,000 This works out to around 10% price appreciation per annum from 1981 to 2021. In Kenya, land appreciate at around 20% per annum.…

The Miami Champlain towers building was constructed in 1981, making it 40 years old. Its next to the ocean, front row. This proximity to the ocean means that the air and moisture around it has elements of salt within it. Salt accelerates steel reinforcement corrosion. This corrosion reduces the size of the steel diameter and…