Full Description

Nairobi, capital city of Kenya, is a unique 'lifestyle' city that offers a combination of everything one could dream of - from a lively atmosphere of fantastic restaurants and trendy clubs, some open air in the tropical weather, to totally wild and natural tranquility with great activities, comfortable pace of life, great shopping, great food and above all, the time to really enjoy everything on offer! The city is also the heart of the country's booming economy bustling with industry, agriculture, tourism and vibrant local and international business. The city has undergone tremendous growth in the last few years with new malls, industry, residential communities, and has by all accounts firmly established itself as the regional headquarters of East and Central Africa and the seat of international business in the area. Nairobi has fast become the venue for UN and corporate conferences and the country as a whole is attracting lots of foreign companies and investment. Add to that Kenya's massive tourist appeal famous worldwide!  Against this backdrop property prices here have quietly seen steady growth over recent years and this trend is set to continue due to a booming and growing economy, increasing affordability, fast growing middle-class, heavy demand for quality accommodation, both rental and owner occupier, coupled with more inward migration of expats and locals.
This luxury apartment is located in the sought after area of Westlands: tranquil and quiet, yet a mere 5 minutes away from the cluster of shopping centers and fantastic clubs and nightlife, making this the perfect area to suit any lifestyle. Built in 2005, it is set on the 4th floor (top) of a gated complex of some 24 apartments offering plenty of parking, and nestled among lush trees and tropical vegetation with beautiful views. The interior, comprising 3 bedrooms, two of which are en-suite, a living room, dinning room, kitchen, utility room, larder and a reasonably sized storage room, is excellently presented with parquet floors and lavishly furnished with leather settees, dining and bedroom furniture, fitted wardrobes, dressers, appliances, coffee table, plants etc...finished in modern decor and a touch of class giving the apartment a modern and elegant look. The balcony overlooks lush green trees and plants and vegetation giving a true Kenyan experience.

The property is currently let to a South African corporate producing a healthy gross yield of 14.5% and all day to day management is conducted by a local company. The property can be vacated at a month's notice if required. Finance options are available but currently quite limited. New finance products are being introduced gradually and this will give the market a further boost.