For Sale - Villa
Aberdare Spa and safari lodge is a 5 star luxury hotel coming up at the heart of the beautiful and pristine Aberdare ranges and boasting of being the only hotel with a spa pool in Africa.
On offer are 2 bedroom all en-suite furnished units, which will provide residence to the hotel visitors.
These units are for sale to investors looking for high yield rental returns above the conventional rental apartments and a place to retreat for holiday.
They can be purchased under full ownership or fractional ownership.
Fractional ownership is a method in which several unrelated parties can share in, and mitigate the risk of, ownership of a high-value tangible asset, they share on the proceeds or returns on investments.
- Conference and business center.
- Spa center (with spa pools).
- Outdoor heated swimming.
- A man made lake (connecting the 2nd phase villas to the clubhouse by speed boat).
- Skating rink.
- An 18 hole Mini golf course.
Each 4 bedroom villa is split into 20 fractional shares each going for Kshs. 3,600,000
3 key benefits;
- High rental yield. We project to give you a return of Kshs 41,000.00(net) every month per share (to earn a similar rental income in conventional rental assets, you need to invest over Kshs. 10M).
- 10 free days of accommodation annually for your holiday
- Attractive capital gain overtime – The value of a share is expected to rise to Kshs. 10M after 2 years of operation.
- Invest– Kshs 3.6 Million
- Off peak rate per night – Kshs 19,000.00
- No. of Beds – 2
- Occupancy per month – 70 %( 21 days)
- Service Charge & Other Expenses – 30%
- Taxes (VAT & Catering Levy) – 16% + 2% = 18%
- Total Revenue Per month – Kshs 798,000.00
- Less Outgoings – Kshs 383,000.00
- Net Balance – Kshs 414,960.00
Purchase Price: Kshs. 3,600,000
Initial Deposit: Kshs. 1,800,000
Balance: To clear in eight equal monthly installments of Kshs. 225,000
Upfront payment: Kshs. 3,000,000