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KES 140,000,000
Ruai, about 2 km from Rophine Junior School, Nairobi, Nairobi
5 acres of flat, open land in Ruai, about 2 km from Rophine Junior School. Freehold title. Asking KSh 140,000,000 (about KSh 28M per acre). The parcel is cleared and ready to build on, and suits residential, commercial, institutional or mixed-use development. It has an existing single-storey building (a former school) that can be reused or redeveloped, mature trees and hedges, and is partly walled in stone/block. Electricity and water are available, with amenities close by. Access is by murram road, in a growing neighbourhood where homes and maisonettes are going up. Site visits can be arranged with the agent. As with any land purchase, do an official title search before paying anything.
Verification level 0 of 3. What the levels mean
The lister last confirmed on this day that it is still available. Ask them again before you travel.
Never pay to view. For a purchase, pay only the seller's advocate after your own land search, and keep the receipt.
Independent agent
Kenyan bank rates · Stamp duty · Legal fees included
Monthly Payment
KES 1.35M
Total Interest
KES 212.54M
65.5% of total
Upfront Needed
KES 33.78M
Down + Stamp + Legal
Income Needed
KES 3.38M/mo
At 40% DTI ratio
Down Payment
KES 28.00M
Stamp Duty (4%)
KES 5.60M
Legal Fees
KES 180,000
Loan Amount
KES 112.00M
A simple comparison from the numbers you enter. It is not financial advice.
Renting + investing saves you KES 191.2M
Over 7 years, assuming 7% annual appreciation and 5% rent increase
Monthly Mortgage
KES 1.4M
Future Home Value
KES 224.8M
Home Equity in 7y
KES 125.6M
Total Rent Paid
KES 8.9M
Cap rate · Cash flow · 5-year projection
0.5%
Cap Rate
-41.5%
Cash-on-Cash
0.8%
Gross Yield
-KES 1,210,413/mo
Monthly Cash Flow
Annual Gross Rent
KES 982,800
Annual Expenses
−KES 294,840
Annual Mortgage
−KES 15.2M
5-Year Equity Gain
+KES 56.4M