In the Mcharo’s quest for financial independence, they discovered real estate, and the benefits that could be added to it. There’s only so much that you can afford in real estate, you know.
With that in mind, they went looking for an affordable piece of land and discovered one in Athi river. When purchasing it, the land seller was gracious enough to give them a lipa pole pole option, where they paid the deposit first, and cleared the balance over time. Year later, that has formed the basis of the TSAVO payment plan.
We believe that to reach Financial Independence, you must eliminate all the causes of debt, and that is what the payment plan does. At 0% interest, it encourages you to take the option instead of taking out a mortgage to pay for the same.
Accessible financing is one of the problems TSAVO addresses in its investment model. We believe that everyone deserves the chance to fulfil their investment needs without having debt as an option, and what better way than having payment plans that cater to their needs?
Now, what payment plans does TSAVO have?
From launch to when the project is 45% sold, the 5-year payment plan applies. This is because we begin construction when we have sold 40% of the project. From 46% – 75%, the payment plan lasts the duration of the construction period. When sales reach 76%, then it turns to cash basis, to be paid within a period of 3 months.
The payment plans are 0% interest. However, you will not begin earning from your unit until you have cleared the balance.
For any of the payment plans, a down payment of 20% of the unit price is required for reservation. Afterwards, you pay the balance according to your payment plan.
How do you know which payment plan is the best for you?
- It is within your financial capability. You can be able to meet the required payments without struggling.
- The timeline fulfils your financial goals
Would you like to know the process of investing in TSAVO? If so, contact us and we will get back to you shortly!