How to Make a Passive Income in Rwanda
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- Опубликовано: 29 мар 2022
- Looking for a way to make passive income? Here's how you can start earning money in Rwanda through real estate! This is an easy, beginner-friendly method that anyone can do.
The easiest way to start generating a passive income in real estate is to buy a property that comes fully furnished and has a management company running the operations for you.
This particular apartment comes fully furnished for USD 110,000.
Are you interested in this property? Find all information here:
vibehouse.rw/property/modern-...
For a wider selection of properties and other real estate related resources, please visit our website by clicking here: www.vibe.rw/
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Keep up the good work👍
Great and informative videos. I hope to visit Kigali soon enough
Thank you very much. Please reach out, when you come to Kigali.
Lovely presentation, as always very informative and I really like the way you showed us the drive to the property. It gives you a good feel for the area. May I ask, what would this apartment rent for ? And does it come with a Garage or parking space ?
Thank you so much. The apartment will likely rent for somewhere in the range of USD 1,000-1,200 per month for a long-term tenant, and more for short-term renters. The property has a big shared parking lot, which can be used by owners or tenants.
@@VibeRealEstate I would like to get in touch with you is it possible? I'm coming to Kigali in 2weeks and I'm in love with business really want to meet you
@@marlysenancia7823 Dear Marlyse, sure. Please send us an email on info@vibehouse.rw
Do you also help people in building their house from the scratch for the minimum cost? One can use that house for passive income. Thank you
Hello, unfortunately, we typically don't do that.
What is the downpayment in % in Rwanda? I would like to know? I am interested in buying a property. Does not have to be this one specifically.
The downpayment is not very standardized and varies by developer. We are happy to assist with that, please contact us on info@vibehouse.rw for more information.
Thank you for the information, What floor is the apartment on, what are the number of owner occupied vs rentals airbnb units in the building.
You are very welcome. It's on the third floor. The property is mostly occupied by long-term tenants with only 2 of 24 units being listed on Airbnb so far.
@@VibeRealEstate Thank you. How many floors are in building?
@@menthamanning4364 It's ground plus 3, so it's the top floor
@@VibeRealEstate Thank you so much.
Hey
How much is for rent?
How can I get in contact with you
Hello, you can contact us on info@vibehouse.rw
So how much would you make per month USD with this property and what’s the return of investment?
Typically, the ROI per annum is around 10-12 percent. So for this unit, you can get about 1,000 USD in rent per month. Please contact us on info@vibehouse.rw for more information.
@@VibeRealEstate I was consider it but this is not a good investment if I’m buying it for 110,00 USD and the rental income is 1000 USD it will take me nearly 10 years to get my money back I could build 3 apartments with that kind of money or am I mistaken ?
@@yodatac9067 That is correct, it is about 10% return on investment. A 10-year repayment period is kind of the market standard in Rwanda. Building yourself can get you higher returns, but it is highly recommended to have some prior experience with building in Kigali, in order to make sure your investment works out.
@@yodatac9067 as a Rwandan, this is honestly a poor investment choice. Like you mentioned you would rather use the money to build your own apartments. At 1000usd, these apartments are targeted at expatriates not the middle income Rwandese
How is the government providing housing for people if no one can afford anything?
There are also plenty of existing and ongoing affordable housing projects in Kigali.
1000usd rent in Rwanda is not targeted at rwandese but rather expatriates