3 Bedroom Sea View Apartment On Going Project On Sale Nyali Mombasa

3 bedroom Apartment For Sale Nyali Mombasa selling for KSh9,500,000. See property details on PrivatePropertyKenya.com or browse all our range of properties in Nyali Mombasa Nyali Mombasa

This 3-bedroom apartment in Old Nyali sounds like a promising opportunity, especially given its prime location and the amenities offered. Here’s a breakdown of the key details and considerations:

Property Details:
Location: Prime area of Old Nyali, a serene and secure neighborhood.

Unit Size: 1,600 sq. feet.

Layout: 3 bedrooms (one en suite).

Complex Features:

52-unit complex.

Swimming pool.

Playground for kids.

Ample, stress-free parking.

High-speed lift.

Secure compound with perimeter wall fencing.

Proximity: Easy access to Greenwood Shopping Mall and the beach.

Project Details:
Completion Date: Estimated July 2026.

Developer: A trusted developer with over 10 projects in Nyali (8 completed, 5 ongoing).

Payment Plan:

20% upfront.

Balance payable over 18 months.

Key Considerations:
Developer Reputation:

It’s crucial to verify the developer’s track record by visiting their completed projects and speaking to past clients. This ensures reliability and quality.

Off-Plan Purchase Risks:

Buying off-plan carries risks, such as delays in completion or changes in the final product. Ensure the contract includes safeguards for such scenarios.

Payment Plan:

The 20% upfront payment and 18-month balance plan is affordable, but ensure you have a clear understanding of the payment schedule and penalties for late payments.

Location Benefits:

Old Nyali is a highly desirable area due to its proximity to the beach, shopping malls, and other amenities. This enhances the property’s long-term value.

Amenities:

The swimming pool, playground, and secure parking add significant value to the property, making it attractive for families.

Legal Due Diligence:

Ensure the project has all necessary approvals and permits from relevant authorities. Engage a lawyer to review the sale agreement.

Real Estate Agent:

Work with a trusted real estate agent who has in-depth knowledge of the area and the developer’s projects.

Next Steps:
Visit the developer’s website (www.benfordhomes.com) to explore more projects and gather additional information.

Schedule a site visit to the ongoing project and completed projects by the same developer.

Consult a real estate lawyer to review the contract and ensure all legal aspects are covered.

Assess your financial readiness and ensure you can meet the payment plan requirements.

This is a great investment opportunity, especially in a high-demand area like Nyali. However, thorough due diligence is essential to mitigate risks associated with off-plan purchases.