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Affordable Housing project in Kenya

Overview

  • This project is designed to reflect a futuristic Living Elegant, Spacious, Well Lit and Modern Units
  • Total of 9000 residential units of 1, 2 & 3 Bedrooms
  • A Shopping Mall, hotel and a school will be added in Phase II & III of the Project.
  • Served by two roads from the Highway and an extra entrance from the new Bypass.

Utilities

  • An In-house Power Substation served by a 66KV HT line
  • A Reverse Osmosis Water Treatment Plant.
  • Two Standby Gensets to serve critical services (lifts, hallway lighting & Security Lighting) Utilities.
  • An In-house Power Substation served by a 66KV HT line.
  • A Reverse Osmosis Water Treatment Plant.
  • Two Standby Gensets to serve critical services (lifts, hallway lighting & Security Lighting) Solar Panels will be integrated in the smart Power Management system.

Units

  • 1 Bedroom with Open Kitchen, Mini Bar, Laundry Space, Pantry, Balcony from the Bedroom
  • 2 Bedroom will comprise of the above in addition the master bedroom will be en-suite
  • 3 Bedroom as above
  • All apartment blocks will be served by 2 modern elevators.
  • Emergency power lighting for hallways and elevators will be provided during outages.

Services

  • Modern and well marked Traffic Management system
  • Separate Jogging Lanes, Bicycle Lanes and Skating lanes
  • Wide Open Spaces for kids to play
  • An integrated well managed security system
  • Well maintained garden plants
  • Janitorial services for Hallways.
  • Ample & wide parking spaces.

Geographical Sites

  • On a clear day from the rooftops Mt. Kilimanjaro, Mt. Kenya, Aberdare Ranges & Kilimambogo are visible
  • There is a Proposed Privae University in the next property.

Number of Units : 9000

Project cost: KES 23.4 Billion

Investment Amount: KES 16.38 Billion

Internal Rate of Return (IRR) 34%

Return on Investment (ROI) 63%A

Contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. or call me on +254722179687

4 Star Hotel and Villas in Nyeri Kenya

The proposed project is a 4-star resort sitting on 36 acres of land in

Mweiga Ward, Nyeri County.

The Hotel is designed to capitalize the view of Mt. Kenya and the surrounding plateau. It also delivers authenticity and cognizance of culture from a contemporary African point of view.

 The resort site is located approximately 23KM from Nyeri town via the Nyeri-Nyahururu road. The Hotel will consist of a hotel, villas, a spa, conference center and other Recreational facilities such as a swimming pool and a gym.

The proposed hotel facilities will consist of 100 rooms configured as

Follows:                                                              

Standard Rooms – Wheelchair access (2), Queen beds (60), Twin beds (20), Superior Rooms- King beds (12) Junior Suites- King beds (4) Superior Suites- King beds (2)

The proposed rooms concept will be ensuite with ample wardrobe

space and a work desk. To cater for the family and group market, the

rooms will have acoustically designed interconnecting doors in 10% of

available rooms. The suites will be larger in order to have a separate

sitting room/area.

The proposed resort consists of 45 Villas comprising of 25-3 bedroom and 20-4 bedroom villas.

The food and beverage facilities seating space will be 80% of the total bed

capacity. The main restaurant will be located on the reception floor along

with the bar and lounge.

The proposed hotel will have a purpose-built conference center attached to

the main hotel, consisting of 7 conference rooms including a ballroom

which can be divided into at least 2 rooms. State of the art equipment and

sophisticated lighting systems will be installed in every room to facilitate

flexibility in conversion of use with ease.

Leisure facilities include a gym and a swimming pool. The gym will be

equipped with high quality equipment giving access to hotel residents

guests.

 

The proposed resort is designed to enhance views of Mt. Kenya while

delivering an appreciation of detail, a belief in

The Resort will operate along four (4) demand segmentations as follows;

Conferencing - This segment comprises of people travelling to the area for conferencing purposes from government, businesses, NGOs and other institutions. The segment will account for 60% of the total hotel business.

Corporate- This segment comprises of people travelling to the area for business purposes, and is expected to account for 15% of the total hotel revenue. This segment will also

include contracts made with corporate clients who intend to use the hotel’s facilities for accommodation of their delegates for relatively long periods of time.

FIT/IBT- The Free and Independent Traveler (FIT) or Individual Business Traveler (IBT) is the segment where and individual books a room at the hotel upon arrival or through online channels. They tend to pay the published rates. This segment will comprise 10% of the hotel’s total business.

Leisure- Unlike the conference and corporate segments that are predominantly during the weekdays, this segment will use the hotel on the weekends and holiday seasons. The

segment will account for 15% of the annual occupancy.

The Aberdare Country Club, only a two and a half hour drive northeast

from Nairobi, is nestled on a slope of Mweiga Hill in the Aberdare

Highlands, part of the Great Rift Valley. Considered a heritage

property in Kenya, The Aberdare Country Club has retained the charm

of a private home with the simple comforts of a country inn. The

Country Club is owned by the Marasa Group from Uganda.

 

White Rhino Hotel is located in Nyeri town, 152 Km from Nairobi.

Founded in 1910, the hotel is gazetted as a National Heritage site. It

has since undergone various changes including a change in ownership

and a new room block which has a four star rating. The hotel offers

team building, excursions, and various kids activities.

 

 

 $19.8M Strategic Acquisition:  JV Comprising:

US$12.5m

Construction Finance

US$ 7.3 M

JV Partner

 

 

$19.8M Hybrid Funding Comprising:

US$12.5m

Construction Finance

US$ 7.3m

Equity Finance

 

 

KEY METRIC OVERVIEW

 Company:

 Overall IRR: 18%

LTV: 60%

DSCR: 1.4X

Cap Rate: 10%

Operating Exp Ratio: 37%

EBITDA: 27%

Residual Value Hotel: $36M

Return on Equity: 24%* Avg. Holiday Villa Cost: US$350,000M

(Based on the debt headroom, the company is in a

position to fund its strategic expansion solely

through debt financing, however the company will

be highly levered)

Company

The company intends on outright sales for the

holiday villas & using its cash flow for repayment of

debt

 

If interested kindly Click here for more info about the project or email us at This email address is being protected from spambots. You need JavaScript enabled to view it.

Project Three

4 Acreas for sale in Nairobi, Kilimani Area off Ngong Road

Brief summary;

Hurlingam is a prime residential area located approximately 6 Kms west of Nairobi CBD. The area prides in its rich mix of culture with a population consisting of individuals from diverse social backgrounds. Residents in Kilimani are of both local and foreign descents and the area is home to a host of international schools such as the French, Japanese and Swedish Language Schools. Its unique blend of upper-mid income maisonettes, modern apartments and office blocks is accentuated by proximity to major shopping centres like Yaya Centre, Prestige Plaza, Hurlingham and Adams arcade. Due to its strategic location, Hurlingam is an ideal residential location for the upper middle income group seeking to settle in Nairobi as well as individuals seeking short-stay accommodation close to the CBD. Its unique blend of upper-mid income maisonettes, modern apartments and office blocks is accentuated by proximity to major shopping centres like Yaya Centre, Prestige Plaza and Adams arcade. As Hurlingam continues to grow and expand, invest opportunities for real estate developments in the area are on the rise with the key pull factors being:

1. Proximity to Nairobi CBD: Hurlingam is only 10 minutes away from Nairobi CBD making it a convenient residential location for individuals working in town.

2. Good transport network: The area is served by a host of well paved roads, such as the Argwings Kodhek road, Denis Prit road, Lenana Road, Chaka road and Ngong roads that makes traveling convenient.

3. Growing middle class: An influx of higher middle income earners in the area has increased the demand for residential as well as commercial developments.

4. Security: Security in Hurlingam is quite good and residents enjoy services offered by the Police Station which is located few miters from the property in Kilimani

5. Zoning: Hurlingam Area was predominantly a low density residential area but has been rezoned to accommodate high-rise and high density residential and commercial uses.

The Property on sale touches Argwings Kodhek Road flat and very prime. Ideal for Residential , Office block and/or Hotel.

Feel free to contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. or click HERE For more info.

Land for Sale

AFFORDABLE HOUSING PROJECT IN KENYA

 

Overview

  • This project is designed to reflect a futuristic Living Elegant, Spacious, Well Lit and Modern Units
  • Total of 9000 residential units of 1, 2 & 3 Bedrooms
  • A Shopping Mall, hotel and a school will be added in Phase II & III of the Project.
  • Served by two roads from the Highway and an extra entrance from the new Bypass.

Utilities

  • An In-house Power Substation served by a 66KV HT line
  • A Reverse Osmosis Water Treatment Plant.
  • Two Standby Gensets to serve critical services (lifts, hallway lighting & Security Lighting) Utilities.
  • An In-house Power Substation served by a 66KV HT line.
  • A Reverse Osmosis Water Treatment Plant.
  • Two Standby Gensets to serve critical services (lifts, hallway lighting & Security Lighting) Solar Panels will be integrated in the smart Power Management system.

Units

  • 1 Bedroom with Open Kitchen, Mini Bar, Laundry Space, Pantry, Balcony from the Bedroom
  • 2 Bedroom will comprise of the above in addition the master bedroom will be en-suite
  • 3 Bedroom as above
  • All apartment blocks will be served by 2 modern elevators.
  • Emergency power lighting for hallways and elevators will be provided during outages.

Services

  • Modern and well marked Traffic Management system
  • Separate Jogging Lanes, Bicycle Lanes and Skating lanes
  • Wide Open Spaces for kids to play
  • An integrated well managed security system
  • Well maintained garden plants
  • Janitorial services for Hallways.
  • Ample & wide parking spaces.

Geographical Sites

  • On a clear day from the rooftops Mt. Kilimanjaro, Mt. Kenya, Aberdare Ranges & Kilimambogo are visible
  • There is a Proposed Privae University in the next property.

Number of Units : 9000

Project cost: KES 23.4 Billion

Investment Amount: KES 16.38 Billion

Internal Rate of Return (IRR) 34%

Return on Investment (ROI) 63%A

Contact us at This email address is being protected from spambots. You need JavaScript enabled to view it. or call me on +254722179687

 

To get full project details, CLICK HERE { For investors only}

Project Two

Championship Golf Course project looking for investors

 

 

Championship Golf Course

 

 

Geography: Rwanda [East Africa]

Desired Funding: Joint Venture/Debt

Amount: Usd $157 million

 

 Project summary

  • State of the art 18-hole championship golf course;
  • A five star hotel and conference centre;
  • 176 high quality private self contained and fully furnished villas; and
  • Mixed use development comprising 200 residential apartments and 6,000 sqm of commercial space.

The company’s main activities in this project will include:

  • ƒ Development and sale of apartments and villas
  • ƒ Development of a commercial centre, a four star hotel and a conference centre.
  • ƒ Development and management of public beach and park, marina and the yacht club
  • ƒ Development and management of the golf course and the club house

Why invest in the Project

The current trends in the Real Estate and Tourism sector, coupled with the impressive economic growth and macroeconomic environment of Rwanda, offer an ideal environment and present good opportunities for the development of the project. The following is a summary of the highlighted key factors that have attracted the project sponsor to invest in this project:

One of a Kind Development

a. Lake Recreational Estate and Championship Golf Course is a product comparable to none in competition. The product is targeted to serve the high end class that is considered as an

Unexploited market.

b. The Golf Course will offer exclusivity that is often preferred by a number of golfers and facilities

for training. The Facilities at the club will include restaurants, pro shop and other facilities which are necessary to promote the game of golf.

c. Unrivalled facilities and high-quality customer service

d. One stop shop for all sports, entertainment, corporate and tourist visitors

e. On completion it shall be the first Championship Golf Course of its kind in Rwanda, Burundi and

Eastern DRC.

 Ideal Location

a. The location is generally serene and quiet providing a scenic view on the shores of Lake Muhazi. Lake Muhazi is a fresh water lake with plenty of water birds and fresh water fish.

b. Warm climate that draws visitors all throughout the year.

c. The project has a rural area setting which makes it quite unique when compared to projects in

urban centres. There is availability of prime land by the shores of Lake Muhazi

d. The project will only be 30 minutes away from the Akagera National Park (PNA)located on the

East side of the country along Akagera river. The park is famous for birds and aquatic animals and has been the second most favourite tourist destination over the years. International

attention on Rwanda’s parks is now expanding to Akagera National Park and Nyungwe National Park due to recent conservation efforts.

e. With the potential of a new railway linkage to Tanzania and Uganda through this area, Rwamagana can become an important center for regional commerce and transportation of

goods. Growth in Rwamagana will help decentralize the foreseen urban migration to Kigali and compliment the financial, technological, cultural and civic development there with industry

development, as well as recreation and resort development at nearby Lake Muhazi to the north and Mugesera to the south.

f. According to the Rwamangana district Master Plan, Lake Muhazi has been pitted for a number of developments around it including the following:

ƒ Transform the lake into a vacation destination in Rwanda by having vacation lakeside home developments;

ƒ Develop a world class golf resort; the Recreational Estate and Championship Golf Course;

ƒ Construct a perimeter loop road around the lake; to ease accessibility and

ƒ Develop sites for ecotourism.

 

Government Support and Commitment

a. The Government has committed to promote The project given it will be the first Championship Golf Course of its kind and will offer the first world class conferencing facilities in Rwanda.

b. Kigali has achieved success in positioning itself as a business and conference hub for East and Central Africa, made possible by the government’s focus on security, cleanliness, and a probusiness environment. The Government of Rwanda also plans to promote Golf as a tourism alternative for the country.

c. The Government of Rwanda through the Ministry of Infrastructure (MINIFRA)has committed to improve the road network to the project site. Plans are underway to grade the road from Rwamagana to the project site. The move will facilitate easy access to Recreational Estate and Championship Golf Course once the project is completed. Furthermore, the Government of Rwanda plans to create a loop tarmac road around the lake to further ease access to the Lake.

d. Friendly investor climate offering 100% repatriation of capital and profits backed by a government committed to the market economy.

e. Amendment of the mortgage bill will boost potential investor’s access to mortgage financing for the project.

f. Lake Muhazi has been designated as a “Resort Lake” by government creating more opportunities for Eagle on the Lake.

Competitive Advantage

a. The project is being developed as self contained resort with all facilities you will find in a city

b. The project creates investment opportunities for individuals and organization through

acquisition of interest in the whole or part of the property.

c. Very low incidence of corruption and high incidence of overall civil obedience in comparison to

similar concept developments within the Region.

d. Experienced Stakeholders steering the project to completion

e. Strong commitment by the promoters who have so far injected over half a million US dollars into the project.

 Impact on Small and Medium Enterprise’s (SMEs) and Local Community

a. Create direct and indirect employment for the local community and SMEs. This will increase the effect of economic multipliers, fostering circulation of money within the community and improving standards of living;

b. Open up new market opportunities for the local entrepreneurs. The shopping arcade in the recreational estate and golf course will be stocked with souvenirs, crafts and other art works produced by local communities. The recreational estate and golf course also opens up extended market opportunities for supplying locally produced foods and beverages;

c. Create business opportunities for SMEs involved in transport services, consultancy, tour and travel operators, beauty parlours and leisure services;

d. Numerous Rwandans will have an opportunity to undergo high quality training in various skills requisite in the hospitality industry by re-known International hotel operator; and other international organisations which will operate in the project.

 

Kindly for more information contact our team at This email address is being protected from spambots. You need JavaScript enabled to view it. call +254204409832 or follow the link to register online.