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Apartment for sale

2 Bedrooms Hotel Apartment

Riverside Drive, Westlands, Nairobi
KSh 25,480,000
#524-72 9 Jun
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2 Bedrooms
2 Bathrooms
2 Toilets
Apartment Property type
1 space Parking

About this property

Divine Residences by CityBlue is a luxury hotel concept, located along Riverside lane, offers unparalleled investment potential.

The 2-bedroom hotel suites promise a guaranteed rental income, coupled with an impressive return on investment of up to 15%.

Developed by Vaal Real Estate
Branded by CityBlue
Managed by Valor Hospitality

This investment is truly exceptional as it will be managed by VALOR Hospitality, a renowned international hotelier managing more than 85 hotels worldwide. Additionally, it offers unique benefits such as:

Earning from a pooled income, ensuring you receive revenue regardless of occupancy.
A revenue-sharing model between the hotelier and owners, where all operational and management costs are covered by the hotelier, with no service charges.
The option for self-occupation.
Return on investment of up to 15%.

THE BEST INVESTMENT IN EASTAFRICA

One &Two Bedroom-Apartments.
Fully Furnished, internationally branded & managed Hotel Residences in the heart of Nairobi, Kenya for sale.

AMENITIES

Reception Area,
Heated SwimmingPool, Fitted Gym,
Lounge Area, Borehole,High SpeedLifts, Backup Generator,
Room Service
& more

CONSTRUCTION

Shell and core up to the Rooftop, Completed Show Houses Ready.
Finishes 0ngoing.

HIGHEST RETURN ON INVESTMENT

Achieved with a mix of short-,mid-,and long-term bookings & rising demand for apartment hotels preferred over hotel rooms (more space and the feeling of a home away from home). And The International experience of the hotel brand and management.

RETURNS

- CapitalGainsyearonyear15%
- Average Rates Short Stay 150$ - 250$
- Occupancy Average Y1-5=70%, Year 5+=75%
- 14%ReturnOnInvestment

SELF OCCUPATION
- Application To Operator In The First 30 Days Of Each Quarter
- StayOf<6Months,SpecialOwnersRateofMin. 15% Discount. Income still earned.
- Stay Of >6 Months, 10$ Per Day, no income earned
- Max 20% Of Total Units

PAYMENT PLAN

50% Deposit.
12Monthly Installments payment plan for the balance.
Prices starting from $140,000 for One Bedroom and $196,000 for Two Bedrooms.

*Completion date December 2025*

Property details

Reference ID #524-72
Listed by Austine Realtors
Property type Apartment
Listing status Apartment for sale
Bedrooms 2
Bathrooms 2
Toilets 2
Parking spaces 1

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