MAYFAIR GOLF VIEW APARTMENTS

CONTACT US

At Mayfair Golf View Apartments, we envision convenience and comfort. As a resident, you will be able to access everything you may need in close proximity. The golf course views are the main feature of this project.

We are open 8am - 6pm Monday to Friday, and 8am - 12pm on Saturday and any other time on appointment.

Kigali - Rwanda

mayfair@plutproperties.com

+250 788 411 423

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IF YOU CHOOSE TO INVEST IN MAYFAIR GOLF VIEW APARTMENTS

YOU STAND TO GAIN A TOTAL GROSS ANNUAL RETURN OF 68% 

 

Premium master-planned, spacious residential 2 bed, 2.5 bath apartments targeting corporates, vacationing tourists, expatriates, diaspora located at the heart of Nyarutarama, an exclusive and highly sought after area overlooking the only golf course in Kigali area.

THINKING OF INVESTING?

Investment Cost: US$ 145,000

Projected Annual Rental Income: US$24,000 (@ US$2,000 pm, furnished unit)

Expected Capital Gain Appreciation: 50% (Upon Completion, US$217,500)

Expected Gross Annual Rental Return on Investment: 16.5% (Full year Occupancy)

Expected Gross Total Annual Return:  68% (with Full Occupancy)

Current Annual Bank Interest (Fixed Deposit): 7.6% (net of w/tax)

Expected Investment Payback Period: 6 Years (Full Occupancy)

WHY INVEST IN MAYFAIR GOLF VIEW

  • Strong, Attractive, above-market superior returns, with substantial equity upside  

  • Low-risk investment Product with good liquidity profile

  • Highly Reputable Project Team with solid track record

  • Improved infrastructural road networks and   developments to sustain upward trajectory of  property prices in Nyarutarama

  • Low off-taking risk

HOW TO BUY

Cash Plan - $145,000

For this payment plan, a 40% deposit is put down initially and the remaining 60% is paid within 30 days.

Installment Plan - $150,000

For the installment plan, 40% deposit is paid initially, 60% is staggered over the construction period.

Legal Ownership Structure

Each apartment will have a condominium title (issued by the Government of Rwanda) and will be held in the name of the individual investor. No legal restriction on foreign ownership of property in Rwanda. A management holding company with each apartment owner as shareholder to be formed to oversee day-to-day administration of the apartment complex.

Project Timelines and Milestones

  • Scheme and Detailed Design : Completed

  • Approval of Building Plans by Kigali City Council: Completed

  • Construction Permit : Obtained

  • Construction Contractor Tender Selection: Completed & Awarded

  • Ground Breaking: Q4:18

  • Project Completion and Closure: January 2020

The Team

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Financing Partner

Kenya Commercial Bank Ltd. 

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Sales & Marketing

PLUT Properties Rwanda Ltd.

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Developer

Mayfair Golf View Developers

Architect

Bridgeron Consultants

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Legal Advisors

MRB Advocates