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why nairobians are relocating to machakos
CategoriesMint Villa Housing

Why Nairobians Are Relocating to Machakos County.

Nairobians have been relocating to Machakos as most of them escape from the bustle and hustle that is Kenya’s capital. Many may be relocating in Search of a quiet and serene environment while others may be taking a break from the harsh economic loads of life.

The following are the reasons why most people are moving;

Real estate growth

Many real estates have sprung up, especially along kangundo road. This is due to the availability of affordable housing projects. Take Malaa for example where there are over 7 real estate projects. Among them is Twin falls City by Mintvilla Housing which touches Kangundo road. It is a development comprising bungalows and maisonettes.

A report by Kenya Bankers Association (KBA) states that average prices for real estate properties were the lowest in several towns including Malaa and Joska.

Amenities

There are small towns that are growing rapidly in Machakos County. These include Kamulu, Joska, and Malaa. These towns have all amenities; schools, hospitals, churches, mosques, and recreational facilities in plenty. Check our article on amenities along kangundo road.

The county also has the Universal Health (UHC) program which ensures that health care is available to all Kenyans. You will enjoy a lifestyle that is similar to Nairobi at a lower cost.

Accessibility from CBD

The bus fare from CBD to Machakos costs an average of 100 to 250 ksh by bus.

Due to the construction of the expressway, one can spend less time commuting from Machakos to Nairobi CBD.

The ongoing construction of Kangundo road as a dual carriage road is also another factor that has wooed people. The road is anticipated to extend to Kangundo Town in Machakos County from Caltex Umoja, off the outer ring-ring road.

Serenity

Nairobi has grown to be the largest city in East Africa. Its population is almost 3 million. This has led to overcrowding, traffic jam, and increased pollution.

This has made most Kenyans flee the inner city to Machakos county where the environment is quieter and more peaceful. Where you can escape the hustle and bustle of the city and enjoy family time. A place where you can explore hobbies and talents.  You can also practice small-scale farming here.

 

The Bottom-line

Are you thinking of relocating to Machakos county? The best time is now. Think about all the serenity that your family will enjoy. Amenities are less costly. Housing is affordable. Allow us to make this a reality for you by contacting us at 0711082929/0708888222 or emailing us at homes@mintvillas.co.ke

 

 

 

 

 

 

 

 

twinfalls city kangundo road
Categoriestips & tricks

What is Affordable Housing?

 

The definition of affordable changes from country to country or from one individual or household to another. It’s all about your perspective. In this article, we will explore 4 interesting ways you can look at affordability in real estate.

The first and most obvious way is your capacity as the client to not only secure a unit but also finish the payment in due time. What have you budgeted for?

Assuming you had a budget of 7 million for a simple three-bedroom bungalow and you found a 3-bedroom going for 6.5 million. You would call that house affordable right? For the remaining 500k, you can pay closing costs because it’s not included in the purchase price.

Let’s say maybe you just got away with a deal of four million. And your dream is to own the same 3-bedroom bungalow (going for 6.2M). You can pay that first then the rest you can bargain with the developers to give a longer payment period.

Are you a mortgage client? Your affordability will be determined by financiers who examine your credit scores and other factors such as your bank statement. Then if you can afford the down payment which is usually 20% of the purchase price and hope that your job is secure or your business booms till you finish paying that loan, you’re good to go.

Affordability can be looked at using the market-based approach vs the selling price. Take Twin falls city for example a prime investment of ultramodern flat roof bungalows touching along kangundo road going for 6.5M only. This compared to the market price of 7.25 M (according to Kenya Property Centre) is Ksh 750,000 less which one can use to pay closing costs and for moving.

The last perspective of affordability is the amenity-based approach. A house located nearest to amenities such as roads, schools, hospitals, and recreational areas will automatically be more expensive than one in the interior with marram roads and dispensaries and grocery shops located a mile away. However, this is not the case when it comes to Twin falls city. All amenities, schools, police stations roads, name it, are located meters away from that gated community.

The Bottom Line

Whether a property is inexpensive or not  depends on the way you look at it. What is most important to you is the design of the house or the distance from amenities and the workplace? Let us know in the comment box below or contact Mintvilla Housing on 0711082929 or 0708888222.

 

 

 

Get in touch

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+(254) 711 08 29 29

Suite 702, 7th Floor, Trance Towers, Tsavo Lane, South B Nairobi, Kenya

email

Homes@mintvillas.co.ke

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Mintvilla Housing is a Kenyan based developer of Integrated & Affordable lifestyle communities offering exceptional value to aspiring homeowners

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