Low Cost Housing...

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Female Perspective

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#1
What are the options?

I don't mind building a nice flat on this piece of land however the much I can collect from the current rental rates is ksh 4000/- a single room.

What options do I have? Mabati, bricks, prefab...I'm confused.

Anyone in the construction industry?
 
#15
@Female Perspective for a budget of 2 to 4 m, in an area where a single room goes for 4k, then you can choose to construct around 100 mabati nicely done single rooms and collect at least kes 200k monthly as rent or construct 4 2bedroomed stone houses and collect 60k in rent. mabati houses will give higher returns in the short run than stone houses but will need higher maintenance so if u are looking for long term profits, go with stone, if for short term profits, go with mabati.
 
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uncle nyam

Village Elder
#16
@Female Perspective for a budget of 2 to 4 m, inan area where a single room goes for 4k, then you can choose to construct around 100 mabati nicely done single rooms and collect at least kes 200k monthly as rent or construct 4 2bedroomed stone houses and collect 60k in rent. mamati houses will give higher returns in the short run than stone houses but will need higher maintenance so if u are looking for long term profits, go with stone, if for short term profits, go with mabati.
Very true on mabati especially if you want to use the same piece of land for another purpose in future. They are cheaper to construct and you can do it all in one month and start recouping your money. If you want higher rates on them, build them not with ordinary mabati but with the nice coloured ones.
 
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