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The Montave
Intelligentsia
#1 Posted : Thursday, October 13, 2016 3:53:36 PM
Rank: Elder


Joined: 10/1/2009
Posts: 2,422
Hi Wazuans,
The Montave is a planned mixed space retail cum commercial premises with cinema, shopping and entertainment outlets under construction in Upper Hill. 1bd rmm apartments from KShs 8.6m -10m, which am thinking of taking a mortgage to acquire - may flip this investment in a coupla years after appreciation.
Developers are locals + Dubai business persons.

I feel its a good investment option, but will appreciate any advise Wazuans dispense.

Click here to view the project which is being developed on an off-plan basis
Angelica _ann
#2 Posted : Thursday, October 13, 2016 4:00:08 PM
Rank: Elder


Joined: 12/7/2012
Posts: 9,824
Intelligentsia wrote:
Hi Wazuans,
The Montave is a planned mixed space retail cum commercial premises with cinema, shopping and entertainment outlets under construction in Lower Hill. 1bd rmm apartments from KShs 8.6m -10m, which am thinking of taking a mortgage to acquire - may flip this investment in a coupla years after appreciation.
Developers are locals + Dubai business persons.

I feel its a good investment option, but will appreciate any advise Wazuans dispense.

Click here to view the project which is being developed on an off-plan basis

In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Swenani
#3 Posted : Thursday, October 13, 2016 8:29:52 PM
Rank: User


Joined: 8/15/2013
Posts: 12,793
Location: Vacuum
Intelligentsia wrote:
Hi Wazuans,
The Montave is a planned mixed space retail cum commercial premises with cinema, shopping and entertainment outlets under construction in Upper Hill. 1bd rmm apartments from KShs 8.6m -10m, which am thinking of taking a mortgage to acquire - may flip this investment in a coupla years after appreciation.
Developers are locals + Dubai business persons.

I feel its a good investment option, but will appreciate any advise Wazuans dispense.

Click here to view the project which is being developed on an off-plan basis


why do i have the feeling these are the same guys who proposed to do the one building in upperhill(tallest building in Africa) and refunded guys their money after one year without any interest(probably after using it to trade)
Poverty is the root of all evil
Horton
#4 Posted : Thursday, October 13, 2016 11:52:50 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,354
Location: Nairobi
I looked at this but found it TOO EXPENSIVE. Office space at 25,000/- per sqf? Like really?!
I own shares in KCB,CYTONN, BRK.B, Almasi Beverages and a few other private small businesses
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