Introduction to Kilimani
You probably think you have heard all there is to hear about Kilimani don’t you? But there is always more to the story.
Here is what we mean: Kilimani is a wide location with abundant opportunity.
From its versatility and vibrant culture to its convenient location and road network. Kilimani is an exceptional community of foreigners and locals. Its proximity to the Nairobi CBD, Westlands, Karen, Kileleshwa, and Lavington makes it a sort of focal point. Kilimani boasts a rich road network and an abundance of social amenities.
Business
The evident inflow of expatriates and locals alike has led to an increase in opportunities for businesses and real estate in Kilimani. From restaurants, office spaces, banks such as the Bank of China and Sidian Bank which has its headquarters on Wood Avenue, shopping malls, and more, Kilimani has a lot of business opportunities available for residing investors. The presence of a lot of foreign influence and settlement in the area alone is enough testament to how attractive Kilimani is as a business hub. There are a few embassies such as the Ethiopian, Indonesian, Russian, South Sudanese, Chinese, and Slovakian embassies. This is evidence of the safety of the area and proof of its stability.
The Kilimani Community & Social Amenities
The community in Kilimani supports every individual’s lifestyle whether it is a young family with school-going children, students, people in retirement or those just visiting.
A large contributing factor to the vibrance of Kilimani is the cosmopolitan nature of the community. It is arguably one of the most culturally diverse locations in Nairobi, with high demand by expatriates and sizable representations of West African, Ethiopian, Eritrean, Caucasian, and Chinese communities. You will not miss the niche cuisine restaurants every few meters. There are many lounges and hangout spots that are a welcome addition to the young population in Kilimani, which is the majority of the demographic.
For families with school-going children, there is an abundance of schools such as the Cavina School, Light International Academy, Kilimani International, La Fontana, etc.
For your shopping pleasure, there are malls eg. Yaya Centre, Prestige Plaza, Adams Arcade, and Greenhouse Mall just to mention a few, with as many shops, pharmacies, and service stores. Notable healthcare facilities around Kilimai include 761 International Hospital, The Nairobi Hospital, The Coptic Hospital, etc
Real Estate Investment Opportunities on Residential Buildings in Kilimani
With all these amazing social and business opportunities available in this area, Kilimani has seen an increase in attractiveness to the business community. This translates to an increase in appeal in the real estate industry as well. As more businesses open up in the area there is a paralleled increase in the demand for rental residences within the area. Over the years there have been numerous residential buildings that have come up in specific areas of Kilimani. However, the little-known section of Kilimani along Elgeyo Market Road has maintained Kilimani’s reputation of being serene and high-end. In this area, you will find Wilma Towers.
Wilma Towers
Wilma Towers by VAAL Real Estate Kenya is a remarkable development nestled away from the fast-moving bustle that the rest of Kilimani experiences on a daily. This means Wilma residents get to enjoy the peace offered by their location but still be in proximity to all the action. The project includes two identical towers: Crown and Empire. It offers studios, 1, 2 bedroom apartments and penthouses.
The European-style finishes at Wilma Towers have been designed to ensure great quality while maintaining classy and functional aesthetics. Their rich structures create an inviting atmosphere. The most dynamic of its kind. The bedrooms are beautifully finished and we have fitted wardrobes with luxurious flooring. The kitchen features a range of integrated appliances carefully designed for ease of use and a modern lifestyle.
Wilma Towers has proximity to the CBD, retail, and entertainment districts. Wilma’s outstanding growth and return on investment potential make it a popular and in-demand residential destination.
Amenities at Wilma Towers
To enhance the living experience for its residents, Wilma Towers offers various luxury amenities. For those into fitness, there is a fully equipped gym, basketball half-court, running track, and a heated swimming pool that can be used all year. There is a Steam Room and Sauna to relax and kick back when you need to. In addition, with a barbeque area, you can become your friends’ favorite host.
Keep everything going, be it work or just entertainment, with a full Backup Generator that picks up in a matter of seconds. Wilma Towers prioritizes security with 24-hour CCTV surveillance and round-the-clock security at the entrances and exits. The children are catered to with a dedicated children’s Games Room. There is added Solar Water Heating which means sustainability for the environment.
For our investors – now is the time to invest in Wilma
Let’s talk numbers. The average return on a good residential real estate investment in Kenya stands between 8%-15 % which is above the international market rate of between 5% to 10%. The R.O.I for Wilma Towers ranges from 8% to 17% which is higher than the average market rate.
A few factors contribute to the return you will get as an investor. Some of those factors include the location of the property, the quality of workmanship in the finishes of the property, the amenities provided, and the management of the property.
The reason why these factors are so important is simply because they drive demand.
Wilma Towers is a perfect investment for these very reasons. The project is located away from the denser populated areas of Kilimani while still being within reach of all the amazing social amenities. The location is safe, serene, and walkable. The finishes at Wilma Towers are made to last and the amenities are unique. Lastly, you get professional property management for your property. These long term
Conclusion
Wilma Towers is coming up to allow investors to snatch a piece of the lucrative Kilimani real estate pie. The studio, 1 and 2-bedroom units receive a lot of demand for both short-term and long-term rentals.
With 85% of the project sold, there is still a chance to get a unit that will cover your investment future, give you shorter payback periods, and world-class standard management.
Completion of the project is near. Few units remain. Invest now and start earning Returns this year.
VAAL Real Estate is dedicated to giving you the very best investment options in the market.
With this specific project being completed in 2024, you can earn your returns as early as 2025. Isn’t that something to look forward to? To get started on your investment journey give us a call at +254 725 111 444 or +254 790 55 44 33 today
