today i'm going to show you what $140 000 gets you in kigali rwanda
hi everyone, welcome back to my channel my name is Reni thank you so much for
taking your time out of your busy day to watch this video.
if you're new here welcome welcome and if you're a returning subscriber
welcome back i really appreciate each and every one of you taking your time
out of your busy day to watch this video. So on my channel i do fashion finance
lifestyle and much more and today's video is going to be a little different
than usual right now i'm in kigali, Rwanda
all the way in the beautiful continent of africa and we're going to talk about
investing so many of you have homes in canada or
nigeria or wherever you live and that is great but if you want to look into a
second home Rwanda might be a place for you to
consider so today i'm going to show you what
140,000 dollars gets you in kigali so today i'm going to show you a
rental property in naitarama which is one of the most
affluent areas in kigali there's actually a golf course
located just three minutes away and it's a pga certified golf course
which means that like Tiger Woods would play here there are many expats who live
around here and there are lots of embassies so there's the
the united emirates embassy that's close to here
the indian embassy, the canadian embassy, all of these embassies are located just minutes
away. So if you're thinking of buying a rental property, those would be the
people that you are going to be renting it to
so you're able to get a return on your money it's not like you're getting low
rent you're getting extremely high rent this place actually rents for $2500 a
month which, like, where are you getting that in
canada?
so i'm really excited to show you this property. This place is two bedrooms, two and a half bathrooms so those two bedrooms are
ensuite and then there's a half bath for your guests and yeah i'm very
excited to show you this place. i just want to emphasize that this is
only $140, 000 for $2500 rent each month which means
in about four and a half years you're going to get your money back so
i think it's a great opportunity so let me show you
everything about this property and you can consider investing in
Rwanda so let's go this is an apartment that is
that costs $140 000 you do have to furnish it so that's another expense but
look at it like it is beautiful so so this property is 120
square meters in the most expensive neighborhood in
Kigali, actually the most expensive
neighborhood in all of Rwanda it is surrounded by embassies and it is
surrounded just by a lot of great things there is the
headquarters of the largest telecom company here
just two minutes away there's a lovely golf course that hosts many world
leaders as well so this is a very affluent area but of
course $140 000 is a really good price for
this place so let me show you around first we'll start with the outside
there is a beautiful balcony with outdoor furniture right here
it overlooks a nice beautiful pool you can have
your friends over you can have lots of people over
and you can just have a nice view of this beautiful pool
there are 15 units in this building, so the pool is only shared with 15 others
it is very exclusive and private. You can also see that there is a beautiful
view of the golf course which is newly renovated
It's actually a pga certified golf course which is exactly
what Tiger Woods would golf on so as you can see the
government has spent a lot of money making sure this place is up to stuff
up to par and ensuring that people want to come to rwanda
and people want to live in rwanda so lots of national leaders come here all
the time so this is a great place and if you own this property and rent it
out to others they can be someone who would rent your property. So now we have
the dining area as you can see it's a very open concept, spacious
area and there is a nice kitchen here as well
with all white fixtures so when you buy property in rwanda it will not come with
the fridge or the other appliances however
you may be able to negotiate it in your deal but
maybe budget that into your calculation when you're thinking of buying a place
in Rwanda so as you can see they're brand new
stainless steel fridge, microwave, dishwasher
and all the fixtures the stove as well. There is also a lovely dishwasher
and it's built in okay so let's go on to the bedrooms
so this place has two bedrooms and each one has its own bathroom which is a very
good i think it's a luxury that many places
in Toronto do not have. so let's go to the first one here's the
first bathroom there is a nice toilet and a nice
feature of the mirrors is that they light up as well so these
are led mirrors and you can you can have a nice glow
while you are doing your makeup
we also have a nice stand-up shower and this gorgeous shower head which actually
comes with the property you do not have to pay extra to
upgrade to this so i think it's a nice addition to the
property this is the first bedroom it is extremely spacious it actually
comes empty of course but when you furnish it it can actually fit a
king sized bed with lots of room to to go around
the closets are my favorite part there is a lot of room in these closets
and it's it's not a walk-in but it's it's
pretty close so if you are going to rent out one of your properties i do suggest
putting some artwork on the walls just so it feels a little
bit like home for your tenants or your your airbnb guests you can leave
your property unfurnished but of course the rent that you get will be a bit
lower than if it was furnished as i mentioned earlier this has two
bathrooms but it also has a half bath so i'll show you that a bit later but let's
go into the second bedroom for now. So here we are in the second bedroom
this is an exact replica of the first bedroom so there's not much to see here
but i will walk you through it just so you
can see exactly what you'll be getting if you
choose to purchase a property in Rwanda so you can look right here
again artwork on the wall so it feels homey and then adding just a few
fixtures like something to put your toothbrush in
is a nice touch. If you are an investor and you're deciding to
furnish your place again i also suggest buying an ironing board similar to this
one and a iron if you want of course it's
not mandatory but it is a nice addition for your tenants and here's the second
bedroom with that same lovely space and also the beautiful closets
that have a lot a lot a lot of space available for you.
so if you are choosing to invest here and you are going to furnish your place,
I do suggest adding a desk if possible because a lot of people are working from
home so it's nice to accommodate them people will pay a premium for a place
that has a desk and a chair that they can use to work from home. Last
but not least we have the half bath so this is the bathroom that is outside of
the bedrooms and this would be something that your guests would use if you were
to stay here. If you come in with me similar to
other bathrooms it has this nice mirror that lights up
and we also have the toilet similar to the other rooms
but another nice addition is the washing machine and dryer so this was
actually a combination. Again, you will have to pay extra to make
sure that you get it imported or you buy it locally
but this is something this is it's a cost of
doing business many people import theirs from Dubai
and as you can see this one was as there's Arabic writing on it
another thing to get your tenants would be a mop
so just simple things that can make your tenant's life a bit easier will get you
that premium in your rent so unfurnished this place
goes for about $2000 a month but furnished it goes for $2500
or even more if you get the right tenant.
I really suggest taking extra time to invest
and purchase it for your tenant. This is
an unfurnished unit that I will show you.
This could be yours, look at these beautiful windows.
Hey guys so i forgot to record an outro for you but i hope you enjoyed the video
let me know what you want to see next and if you actually like this hopefully
I can do it for other locations that I travel to.
Thank you so much for watching, make sure you like comment and subscribe.
Have a good day everyone, bye!