Buying an apartment in Kigali: the numbers that matter
Most apartment listings in Kigali quote a price per unit or a gross yield. Neither tells you what you keep. Work backwards from the rent each unit can realistically achieve, subtract 50% of it for deemed maintenance and upkeep, then apply the Rwanda Revenue Authority brackets: 0% up to RWF 180,000 of taxable income, 20% up to RWF 1,000,000, and 30% above that.
A nine-unit block in Kicukiro is attractive precisely because nine households spread vacancy risk. If one unit is empty, you lose roughly 11% of income — not 100%, as with a single-tenant house. That is the actual argument for multi-unit property in Kigali, more than the headline yield.
What to verify before you pay
- UPI and title: the parcel identifier on the title must belong to the person signing the sale.
- Encumbrance: no bank mortgage, caveat or pending land dispute.
- Zoning: the City of Kigali master plan zone must permit multi-unit residential use.
- Utilities: a separate meter per unit changes the letting dynamics completely — confirm it in writing.
- Completion: for a building finished but unlet, ask to see the final inspection and the water storage capacity.
Other property we handle
Contact
First And Easy Go Ltd — RDB registered real estate agency, KN 017st 18, Kigali.
WhatsApp / Office: +250 722 265 072
Direct line: +250 787 806 728
Email: easygofirstltd@gmail.com