Overview
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300 Sqft
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Year Built: N/A
Description
This high-value 300m² plot is strategically located in Muganza village, Bishenyi sector, Kamonyi District, offering a rare opportunity to own land in one of the region’s most promising development corridors. Priced at 16,000,000 RWF, this property represents a sound investment for homebuilders, agricultural entrepreneurs, and commercial developers alike.
Key Features & Benefits
1. Prime Location Advantages
- Accessibility:
- 500m from the main Bishenyi-Muganza access road (well-maintained gravel)
- 10-minute drive to Kamonyi Town Center (banking, markets, district offices)
- 3-minute walk to Muganza Trading Center (daily supplies, public transport)
- Neighborhood Growth:
- Adjacent to planned water infrastructure project (2024 implementation)
- Located in a rapidly developing residential zone with new constructions
- Low competition – One of few remaining plots in central Muganza
2. Plot Specifications
- Dimensions: 15m x 20m (standard rectangular plot)
- Terrain: Level surface with slight natural slope (excellent drainage)
- Soil Quality: Fertile red soil (ideal for gardening/light farming)
- Utilities:
- Electricity poles visible at plot boundary
- Planned water access via 2024 project
- No flooding history (verified)
3. Development Potential
A) Residential Options:
- Modern Family Home:
- 3-bedroom bungalow + garden space
- Estimated construction cost: 35-45M RWF
- Rental Units:
- 2 semi-detached 2-bedroom houses (rental income potential: 200K+ RWF/month)
B) Commercial/Agricultural Uses:
- Neighborhood Retail Shop (positioned near trading center)
- Poultry Farm (space for 500+ chickens with coop)
- Greenhouse Farming (tomatoes, peppers – high local demand)
C) Investment Strategy:
- Short-term: Hold while infrastructure develops (20%+ value increase expected by 2025)
- Long-term: Build-to-sell for 2-3x ROI
Investment Rationale
1. Market Trends in Kamonyi
- Price Appreciation: Land values in Bishenyi have risen 12-15% annually (2021-2023 REB data)
- Demand Drivers:
- Kamonyi’s population growth (4.8% yearly)
- Urban spillover from Kigali’s southern expansion
- New road projects connecting to Rongi-Musanze
2. Competitive Advantages
- Price Per m² (53,333 RWF):
- 30% below comparable plots near Kamonyi town
- 15% below Muganza’s 2023 average
- Ownership Benefits:
- Freehold title (clean, transferable)
- No disputes (verified with sector land committee)
Property Address
- Kamonyi, Bishenyi Address:
- Kamonyi City:
- Southern Province State/County:
- Rwanda Country:
- Kamonyi-Bishenyi-Muganza Full Location:
Property Details
- 16,000,000 RWF Price Info:
- 300 m² Property Size:
- N/A Kitchen:
- N/A Bedrooms:
- N/A Bathrooms:
- N/A Parking:
- 01 Apr 2025 Available From:
- Plot Property Type:
- N/A Floors No:
Amenities
No amenities available.
Map
Map Location Unavailable
Unfortunately, the map location for this property is currently not available.