Guys, stay away from Hass Consult and any property managed by them. Their reports are good BUT THEIR MANAGEMENT is exploitative. They have very weird clauses in their contracts. A contentious one is where they want to be the ones managing any leasing agreements you might have with external tenants. Imagine buying a unit at any of their properties with the intention of renting it out. You then find a renter to your property thinking utakula peke yako BUT NOPE!! You must pay a fee every time your apartment is occupied by a tenant. Should you pull out your apartment from the rental market, wanataka a 50% rental fee .
Something even more fishy is that they don’t tell you this at the point of signing the sale agreement. They suddenly bring it up way later wanakutumia the lease policies document after you’ve closed on the sale.
Here’s what I’m thinking: a property like Enaki for example is where all these shenanigans are happening (I also know someone who almost bought Volaire from them lakini they backed out after a buddy warned him of what he is currently going through) because HasaConsult wants to make money in multiple ways.
The first method is by actually selling the house to you! Their hope is that you won’t live in the apartment. It’s their prayer that you’ll rent it out to expats or whoever (sababu it’s close to UN/Embassies etc) so that secondly, they can force you to let them manage the property and take a fee every month that your unit is occupied. This is just one of the many draconian policies they’ve created.
What can you do? If you’re buying an apartment sababu najua you guys are infatuated with all these fancy locations like Westlands and Riverside, figure out whether the seller:
- Builds and Sells ONLY
- Builds, sells and has a rental arm
The 1st one is great! The second one is where you should stay away because you’re literally relinquishing your rights to leasing the property whichever way you choose to. If a developer is doing 2, they should also provide you with a copy of the management agreement at the time of signing the sales agreement (this is in the Sectional Property Agreement act).
Najua mnataka those 10M+ apartments in Lavington but tulieni. What I know is that you should avoid anything being managed by HassConsult. Those guys are Muslims and they’d do anything to kick out a nywele ngumu from their property by the way (there’s hundreds of these stories where they charge us higher service fees than their woriah counterparts so they can kick us out indirectly).
Chungeni sana. My advice: take your 10M, go to Ngong and buy a 3M plot, build your nice house for 5M, then use 2M to buy a nice Jaloppy to commute to town).
https://x.com/kurlycheeks/status/1830484918817661109?s=46&t=BH6h7QIXWsDUqohBm7IVBA