Starting from $196k: Apartments for sale in the Kaya investment project at Town Square

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21 Feb 2024
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The new Kaya project, offering 1-bedroom apartments from $196,000, is now on sale. This represents one of the most advantageous offers in the Town Square area, where there is high demand for rentals.

The Kaya project is scheduled for completion in the 4th quarter of 2026. We will promptly find you the perfect tenant upon receiving the keys, or assist in reselling at the peak price to maximize your profit.

Here's how we can help you earn:

• We offer a wide selection of 1 and 2-bedroom apartments in stock – highly sought-after items in this location. All units are sold with finished renovations, kitchen appliances, and plumbing. We can assist in furniture procurement or remodeling.

• After the project is completed, we will assist in utility connections (electricity, water, internet). If you're renting out, we will register the lease agreement with the Land Department, or find a buyer for resale.

• Initial payment starts from $19,600.

• 50/50 installment plan over 2,5 years.

Estimated ROI from long-term rentals:

Annual rent for a similar property in the location, factoring in rental rate growth closer to project completion – $18,000

Service charge – $2,300

DLD – from $7,840

ROI ≈ 7.7%

About the project:

• Kaya is a 13-story club residence offering apartments with 1-3 bedrooms; all units come with finished renovations, appliances, and plumbing.

• Town Square is a cozy residential area with green parks, malls, a water play area, and a swimming pool with artificial waves.

• Panoramic windows, high ceilings, balcony, smart home system.

• Views of palm alleys or the green courtyard.

• Completion scheduled for the 4th quarter of 2026.

Developer: 

Nshama