CYTONN REAL ESTATE ANNOUNCES CHRISTMAS OFFERS FOR 1, 2 & 3BD UNITS AT THE ALMA WITH FLEXIBLE PAYMENT PLANS.
Cytonn Real Estate has launched its annual Christmas offers for 2022. The Christmas offer is for discounted prices for a limited number of complete and incomplete units for its signature project, The Alma in Ruaka for 1, 2 & 3-bedroom units to be sold on a cash basis with flexible payment plans.
The offer runs from 27th November 2022 to 27th January 2023. Aside from the flexible payment plans, investors will get a chance to earn up to 10.7% rental yield returns on their investment due to the growing state of investment-grade developments in the area, easy rental uptake, and enhanced access to the area evidenced by the road connectivity.
Speaking at the launch of the 2022 Christmas Offers Campaign for The Alma, the lead for Real Estate Development, Cyprian Aron said that there are notable developments in the project, including the resumption of works on site by the contractor, which is geared towards the completion of the entire project works by the end of Quarter 2 2023, with the Commercial Platform set to be complete by December 2022.
The terms of sale for the units on the Christmas Offers are as follows:
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Discount Offer |
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Typology |
Size in Square Meters |
No. Units on Discount Offer |
Base Price (Kshs) |
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1 Bedroom Unit (Open Plan Kitchen) |
51 sqm (549 sqft) |
1 |
7,800,000 |
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2 Bedroom Unit |
84sqm (904 sqft) |
2 |
11,970,000 |
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3 Bedroom Standard Unit |
117 sqm (1259 sqft) |
1 |
14,960,000 |
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3 Bedroom Premium Unit (Walk-in closet ) |
127 sqm (1367 sqft) |
3 |
15,895,000 |
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Terms
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Step 1: |
Pay reservation fee of Kshs 25,000 |
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Step 2: |
10% deposit to be paid and signed LOO to be submitted within 30 days of reservation, or before lapse of the discount offer (January 27, 2023) |
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Step 3: |
Balance of the purchase price to be cleared within 90 days (or as per agreed payment plan) |
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Step 4: |
For complete unit, handover will be done upon payment of full purchase price. |
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Step 5: |
For complete unit, partial discharge (title documents) commences immediately. For units in Block H or J, the title documents processing will start upon issuance of partial completion certificate |
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Explore the endless opportunities to purchase a modern apartment for living, to earn rental income, or explore serviced apartments
Let Cytonn Real Estate light up your Christmas this season and become a homeowner.
Cytonn Real Estate is Cytonn’s development affiliate, which is focused on developing institutional-grade real estate targeted at specific institutional, high net-worth, and Diaspora investors. Collective, Cytonn Investments,
For more information, kindly contact:
Kristine Mugalo
Real Estate Sales and Collections Analyst
+254 (717) 643 476
Email: rei@cytonn.com
