Real estate firm Osotua Villas Management has sold half of its 55 high end houses located on South Lake Road in Naivasha, raising Sh901.5 million.
The Osotua Luxury Resort project, which sits on 10 acres, will be opened in April.
The development was funded by Housing Finance.
Real estate firm Osotua Villas Management has sold half of its 55 high end houses located on South Lake Road in Naivasha, raising Sh901.5 million.
The Osotua Luxury Resort project, which sits on 10 acres, will be opened in April.
The development was funded by Housing Finance.
“To date, we have sold about 29 units out of the 55 units at Osotua Luxury Resort. The resort will be ready for public use in April. This will be a soft opening,” the resort’s general-manager Jimmy Musangali said.
The houses consists of 15 three bedroom villas selling at Sh42.5 million each and seven units of two-bedroom villas at Sh37.5 million.
There are also 30 units of studio villas selling at Sh17 million.
Out of the 15 three-bedroom villas, 12 units have been sold while five units have also been taken out of the seven two-bedroom villas.
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