Luxury homes take over Sh10m price cuts

REALESTATE1

For years, Nairobi mega-mansions attracted enormous price tags. But when they did not sell in the last five years or so, they are getting massive price cuts.

Marketed as upmarket homes located where luxury and nature blend, near the best international schools in Kenya, golf clubs, sitting on half-acre or one-acre plots and built with the rustic theme and English manor-look in mind, some of these houses previously priced at Sh120 million and above have gotten few to no buyers.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.