NCBA Bank Rwanda Offers 105% Mortgage for Masaka Housing Project
A $22 million housing development in Kigali's Masaka neighborhood is nearing completion, with NCBA Bank Rwanda providing a mortgage product to facilitate homeownership.
A $22 million housing development in Kigali's Masaka neighborhood is nearing completion, with NCBA Bank Rwanda providing a mortgage product to facilitate homeownership.
· Updated
A $22 million housing development, Masaka Views Eco Estate, located in Masaka, Kigali, has reached 85% completion. The project, developed by US company Fortis Green Housing, will feature 382 housing units, including apartments, detached houses, and townhouses.
NCBA Bank Rwanda has partnered with Fortis Green Housing to offer prospective buyers a 105% mortgage product called Tura Neza. This financing option is designed to cover the costs associated with purchasing a home, including insurance.
Prospective buyers are invited to visit the construction site to view the available properties. Homes for sale range in price from Rwf102 million to Rwf212 million, with units including two-bedroom and four-bedroom houses.
The Masaka Views Eco Estate is part of Kigali's broader efforts to expand housing options and improve urban living conditions. The development aims to provide a mix of homes for sale and rent in the growing Masaka area.
FAQ
What is the status of the Masaka Views Eco Estate development?
The Masaka Views Eco Estate development is 85% complete and includes plans for 382 housing units.
What financing options are available for purchasing a home in the estate?
NCBA Bank Rwanda offers a 105% mortgage product, Tura Neza, to help buyers finance their home purchases in the Masaka Views Eco Estate.
