Apartment for Sale in Kilimani

Kilimani Property Guide

Do I get a title when I purchase an apartment in Kilimani?

When you get a new apartment for sale in Kilimani you will be issued with a sectional title for the property you purchase. This will represent the unit you own and confirm that you have control of the common areas in the building.

Kilimani Neighborhood Guide

Kilimani is listed among the top areas among Westlands, Parklands, Kileleshwa and Lavington where you can get prime properties. The affluent neighbourhood makes it one of the top places to invest in real estate.

The area can easily be accessed from the Nairobi Central Business district either by Cab or Matatu (Public Service Vehicles). Most families in the Kilimani area have one or two cars per family according to statistics.

Geographically, Kilimani is located west of Nairobi City. The area averages 1700 meters above sea level and covers an area of around 16.1 square Kilometers. Regarding urban planning, Kilimani is listed among the five wards of Dagoret North Constituency. Other areas include Kawangware, Kileleshwa, Hurlingham, Gatina and Kabiro.

The upmarket estate includes Hurligham which is favoured by Muslim / Somali community. The area is bounded by Dennis Pritt road to the North; Ngong road to the South; Korosho road to the West and Valley Road to the East.

With the growth of high-rise buildings the population of Kilimani has grown to over 40,000 people. These are the counted citizens but the area is a metro and hosts a lot of expatriates who add to the value of the real estate in the area.

The majority of the properties within the area are condominiums. But this is also an area where you can find premium cheap apartments for sale in Kilimani. Chinese have made expensive apartments for sale to become affordable and have added a payment plan for the off-plan projects.  when considering an Apartment for Sale in Kilimani, you have to note that most units are owned by individuals and it’s hard to find a full apartment owned by one person. Much of the newer units are bedsitters, one-bedroom and two-bedroom apartments. The older properties can still be found including the maisonettes and townhouses in gated estates.

What are the hidden Charges when buying real estate in Kilimani?

Some of the cost that are not included in the initial price of the property include:

  • Stamp Duty on the lease: Stands ar 4% of the property value
  • Lega fee plus VAT: 1% of the property price
  • Common area share-purchase

Other than that you are set

Do you charge for a site visit in Kilimani?

We do not charge our clients to view properties in our database.
We can schedule site visits any day of the week, Monday – Sunday.

What is the property purchase process?

This is the common process we follow when one is trying to purchase a property with our agency:

Virtually share the details of the property
Set up a date for the site visit
Pick a unit and get an offer
Offer Letter Valid for 7 days
Get documents for due diligence
Do property inspection and valuation
Pay the deposit. Usually 20% – 30% of the property price
Get the sale agreement
Sign the sale agreement
Pay the balance and legal fees
Pay the stamp duty
Move in to the property
Property name transferred to purchase

How many parking spaces do I get after purchasing an apartment?

Most apartments have extra parking spaces that are reserved for visitors
Studio owners get one parking space
One bedroom owners get one parking space
Two bedroom owners get one or two parking spaces
Three bedroom owners get two parking spaces
Four bedroom owners get two parking spaces
Five bedroom owners get two parking spaces

How do I pay for an apartment?

Modes of payment include:

  • Cash payment: Pay the full amount of the apartment within 90 days (3 months). This mode will give you leverage to get higher discounts.
  • Installments: You pay a booking fee, usually less that half a million. Before signing the sale agreement you pay 20% – 30% of the property price. The balance you spread depending with the arrangement of the owner of the property. Usually this can be spread up to the completion date or one year.

What are the mortgage rates in Kenya?

We have agreements with the banks to offer our clients the best mortgage rates in the market. We have Mortgage offers with:

  • Housing finance group
  • Standard chartered bank 12.2%
  • Citibank Kenya 12.5%
  • Commercial Bank of Kenya 12.9%
  • KCB Bank 13.3%
  • NIC Bank Kenya 13.4%
  • CFC Stanbic bank Kenya 14.1%
  • Barclays Bank of Kenya 14.4%
  • Co-operative Bank 14.9%
  • Consolidated bank 15.1%

What is the average price of property in Kilimani?

  • Studio Prices in Kilimani
  • 1 bedroom Prices in Kilimani
  • 2 Bedroom prices in Kilimani
  • 3 Bedroom Prices in Kilimani
  • 4 Bedroom prices in Kilimani

Which schools can be found within Kilimani?

  • Kilimani Primary School, public school along Argwings Khodhek road.
  • Kiota Primary school, private school along Dennis Pritt Road
  • Appleton Schools, a Private school along Kilimani Muringa road, off Elgeyo Marakwet road.
  • Statehouse primary school, located along state house road
  • Kilimani International school, located along Mtito Andei Road
  • Nicholas located along Karen Rose

Which shopping centers are in Kilimani, Nairobi, Kenya?

  • Quickmatt Kilimani along Kindaruma road
  • Yaya Centre located along Argwings Khodhek Road
  • Greenhouse Mall located off Ngong road
  • Kilimani Mall located along Tigoni Road
  • Prestige Plaza Shopping Mall located off Ngong Road
  • Woodlands Mall, Located along wood avenue

Which banks and financial institutions in Nairobi, Kenya?

  • Equity bank located along Argwings Kodhek Road
  • Prime bank located off Kilimani road
  • National Bank of Kenya located off Argwings Kodhek Road
  • KCB Bank located off Arwings Kodhek Road

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