Sultan one leasing agency Tel +254 718 796 363Email :- sultanleases@gmail.comSamian court, suite 1 ,Mombasa road

Off-plan properties –Kenya The Amani Ridge apartments

A preview TO OFF PLAN BUYING –THE ADVANTAGES

What is off- plan buying and sales-• An off-plan property is a property that has not yet been constructed and is

offered for sale in the market. Real estate developers are the primary sellers of off-plan properties.

• Among other purposes, the sale of off-plan properties is one of the few ways developers secure a return on their banks’ investments. Apart from developers, homeowner investors usually sell off-plan properties in the prospect of generating greater profits than non-off plan properties.

• Property development is very expensive. So, it is normal that developers will try to secure finance by any means possible to build their planned project. Moreover, the developers meet strong market demand as buyers are enticed by developers that offer discounts and incentives. On the other hand, homeowners also sell off-plan property when a project becomes more popular thus giving sellers an opportunity to have a greater return on their investment.

In addition…..• Buying off-plan is ideal if you want to resell the property once

it’s finished. In order to purchase off-plan property, you usually need to provide a deposit of just 10-20% of the property’s value, making securing the property simple and affordable.

• Whether you plan to resell or live in the apartment, one of the biggest advantages of buying off-plan is selection. Unlike in completed buildings, you can usually select the ideal unit to suit your needs, tastes and budget when buying off-plan property.

• In a rising market, some developers will permit the contracts to be sold on, which means purchasers can take a profit on the unit before it is built by selling the contract to another par

WHY BUY OFF PLAN PROPERTY• Investors buying an off-plan property can only pay a minimum

deposit such as 10% or 15% of the sale price to secure that property; thereby, allowing investors to sell the property with a profit when market prices increase. However, note that not all developers allow the flipping of new homes. On the downside, such a transaction is risky as there is no guarantee that properties will increase in value.

• An off plan property that appeals to buyers overseas usually sells rapidly and at higher prices.

• Values of off-plan property starts going up when the real-estate project is partially completed. Buyers feel that they would take less risk if they can actually see completed units before their very own eyes. Therefore, investors are likely to attain higher returns from the sale of their off-plan property, after a partial completion of the structure.

AMANI RIDGE-- SYOKIMAU• Mombasa roads latest development of apartments,on third row behind gateway mall.

These are masterfully designed and modern luxury units at an affordable price, uniquely embodied in this spacious 3 bedroom plus dsq apartment,with a total plinth area of 1,365 sq ft. the apartments are located in syokimau,just on 2nd row off chaddy road, behind Gateway mall-Naivas,Mombasa road. Enjoy gatherings in this generously sized living/dining lounge, graced by an open plan kitchen, huge windows and a big balcony The master bedroom has en-suite bathroom, floor to ceiling wardrobe with shelving system for drawers. The units have each a self contained dsq You will also love the convenience of your own parking spot, great neighbourhood and a major shopping mall just minutes away Coupled with state of the art security system, borehole water supplement, communal back-up power, which are standard amenities at Amani ridge Living is easy in this impressive spacious and modern residence. Ground floor parking of 330 cars .....Live who you Are..

Selling off-plan,show room ready by march 2017PricingCash ksh 7.5 millionMortgage/ Payment pplan ksh 8 million

Gate frontage and kitchen

The sitting –dining lounge

Bedroom and unit plan

Floor level plan and basement parking

Masterlanp and inside gate

Frontages and gate

Over-views

Notes• The Amani ridge is on- going, and show room ready by march 30th

2017.• We are taking offers and selling for early bird buyers • The options we have are:• 1)Cash ksh. 7,500,000 • Or • 2)Payment plan/ mortgage ksh. 8,000,000.• This option has a payment plan which buyers can pay the 80%

balance over the duration of construction.• Reach us to secure a truly great investment at affordable prices

and flexible payment terms