In order to determine how much you can afford, we need to understand debt to income ratios. First, we must determine what your gross annual income is and divide that income by 12. (12 months). Second, we must determine your long term debt. For example: home mortgage (principal & interest), taxes & insurance (T & I), school loan, car loan, credit card debt, etc. and calculate the monthly payments. Third, the debt to income ratio is established by dividing the monthly debt by the monthly income. The debt to income ratio should, in most cases not exceed 35%. Forth, if the debt to income ratio is 35% or less and your credit rating is decent, there is a good chance you will be able to get approved for a mortgage loan.
Yes. Whether you're purchasing your first home or investing in real estate, our team provides professional guidance to help you find the right property based on your budget and goals.
Proxima Real Estate is a Nairobi-based real estate company focused on client satisfaction. We specialize in the selling, letting, and management of residential properties, while also providing development sales and feasibility study services.
A feasibility study evaluates the viability of a real estate project by analyzing current market trends and investment potential, helping developers and investors make informed decisions before building.
You can book a viewing by contacting our sales team via phone, email, or the contact form on our website. We'll arrange a convenient time for you to visit your preferred property.
Yes. We market both ongoing developments and completed properties, giving buyers the opportunity to invest at different stages depending on their investment objectives.
Yes. Foreign nationals can legally purchase property in Kenya.
How Can We Help?
At Proxima Real Estate, we make the process simple by guiding you from property selection to ownership. We also assist with obtaining your KRA PIN, conducting due diligence, coordinating with your lawyer, and ensuring a smooth transfer of ownership.
What You’ll Need
* Valid Passport
* KRA PIN (If you don’t have one, we’ll help you obtain it.)
* ArdhiSasa Account