Set on a generous 1,549 square meter plot, the property is zoned Medium Rise Residential District (R3), allowing construction of up to Ground Floor plus Seven Upper Floors (G+7). Whether you plan to continue operating it as rental apartments, convert it into a guest house or hotel, or undertake a larger residential development, this property offers exceptional long-term value.
Property Description
This well-maintained apartment complex for sale in Kagarama consists of eight self-contained apartments designed to provide comfortable and practical living spaces for tenants.
Each apartment features two spacious bedrooms, a bright living room, a functional kitchen, and one modern bathroom. The layout provides comfortable accommodation for families, professionals, or long-term tenants while maximizing rental efficiency.
The complex includes four apartments on the ground floor and four apartments on the upper floor. Every apartment benefits from its own private balcony, providing outdoor space and pleasant views of the surrounding neighborhood.
A spacious common lounge is located on the upper floor, creating an additional shared living area for residents or guests. The lounge also features its own balcony, offering attractive views over Kagarama and the surrounding hills.
Additional Facilities
Alongside the main apartment block is an additional structure currently used as a communal kitchen and storage facility serving the residents of the property. This extra space offers flexibility and can easily be adapted for additional services or future business operations depending on the buyer’s needs.
The large compound provides excellent circulation space and offers potential for additional landscaping, parking improvements, or future expansion.
Excellent Investment Opportunity
This apartment complex is already well suited for residential rental income and presents multiple opportunities for investors seeking to maximize returns.
The property can continue operating as long-term rental apartments or be transformed into executive serviced apartments, a guest house, boutique hotel, hostel, or other hospitality business. Its generous land size and flexible zoning create outstanding opportunities for future redevelopment and increased rental income.
Development Potential
One of the property’s strongest advantages is its R3 Medium Rise Residential zoning, which permits construction of buildings up to G+7. This provides investors with the opportunity to significantly increase the property’s capacity by constructing additional residential units or mixed-use developments.
The expansive 1,549 square meter plot offers ample space for redevelopment while benefiting from a strategic location in one of Kigali’s fastest-growing districts.
Prime Kagarama Location
Kagarama is one of the most desirable neighborhoods in Kicukiro, known for its peaceful residential environment, excellent road infrastructure, and convenient access to Kigali’s major commercial and business centers.
The property enjoys easy access to schools, hospitals, shopping centers, restaurants, public transportation, and Kigali International Airport, making it highly attractive to both long-term tenants and short-term visitors.
Its location along a cobblestone road provides easy year-round accessibility while offering attractive views from the upper apartments.
Why Invest in This Property?
This apartment complex stands out because of its eight fully self-contained apartments, generous plot size, R3 zoning with G+7 development potential, private balconies for every apartment, shared lounge area, additional service building, strong rental income opportunities, and excellent location in the rapidly developing Kagarama neighborhood.
Whether your goal is immediate rental income or long-term redevelopment, this property offers exceptional flexibility and investment value.
Schedule a Viewing
If you are searching for an apartment complex for sale in Kagarama, Kicukiro, Kigali, this outstanding property offers an excellent opportunity to generate income while benefiting from significant future development potential. Contact us today to arrange a private viewing and explore the possibilities this investment has to offer.
Property Details
Property Type: Apartment Complex for Sale
Location: Kagarama, Kicukiro, Kigali, Rwanda
Total Apartments: 8
Bedrooms: 2 Per Apartment
Bathrooms: 1 Per Apartment
Living Room: 1 Per Apartment
Kitchen: 1 Per Apartment
Private Balconies: Available for Every Apartment
Common Lounge: Upstairs with Private Balcony
Additional Building: Kitchen and Storage Area
Plot Size: 1,549 Square Meters
Road Access: Cobblestone Road
Views: Elevated Neighborhood Views
Zoning: Medium Rise Residential District (R3)
Development Potential: Up to G+7
Status: Available for Sale
