Frequently Asked Questions

Developer

Centum Real Estate

Centum Real Estate is the region’s leading developer of mixed-use urban nodes. We master develop attractive sites across the region and provide commercial impetus for investors to establish urban node developments therein. Within our current portfolio, we are developing the Two Rivers precinct in Nairobi, Vipingo at the Coast of Kenya , Pearl Marina in Entebbe, Uganda and affordable urban nodes in the wider Nairobi and catchment areas.

We are part of Centum Investment Company Plc, East Africa’s largest listed investment company. We are listed on the Nairobi Securities Exchange and Uganda Securities Exchange. Founded in 1967 as Industrial and Commercial Development Corporation Investment (ICDCI) and rebranding to Centum Investment Company Limited (Centum) in 2008; Centum’s total assets exceed KES. 66 billion (c. US$ 660 Million).

Centum Real Estate has successfully delivered and handed 2000+ units across its portfolio making us a trusted brand.

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Vipingo Development Plc.

Vipingo Development is a modern mixed use development located at the Kenya coast. Sponsored by Centum Investment Limited, the development is set to be a model for new East African cities. Vipingo development portfolio includes 10,254 acres of land under the Vipingo City master plan supported by an urban environment, high quality infrastructure and state of the art amenities and services.

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Centum Real Estate has delivered over 2,000 homes across its diverse portfolio serving a customer base of a growing 2,600. Our pipeline includes more than 10,000 units planned for delivery . With at least 70% of the pipeline being earmarked to be green certified our ambition is to scale sustainable and eco-friendly developments.

About Riviera

Riviera Townhouses are premium residences in Vipingo Model City, offering crafted homes with modern amenities, designed for serene coastal living and lasting investment value. They are all 3 Bedroom units (all en-suite) tailored for families, professionals, and investors seeking coastal luxury.

As an off-plan project, we offer detailed architectural plans, site plans and 3D renderings. Visit our sales office or website for a preview.
Enjoy a pristine swimming pool, vibrant children’s playground, lush green parks, a modern gym, an elegant clubhouse, and high-level security, all within a gated community.
Yes, our dedicated children’s playground and green spaces provide safe, fun areas for kids to play and families to connect, fostering joyful memories.
Live confidently with police patrols, CCTV monitoring, a staffed gatehouse, and a fortified electric fence, ensuring safety within Riviera’s community

About Vipingo Model City

Vipingo model city is a 10,254 acre development that is master-planned and integrated commercial, residential and industrial hubs. It is anchored on a 4,000+ acre industrial park that recently got the gazzettment of a special economic zone and is set to begin construction sometime in 2025.

We are located in Vipingo, Kilifi county and this prominent location is conveniently accessible:

  • 1Km from the Vipingo Airstrip with daily flights to & from Nairobi
  • 500m off the Mombasa Malindi Highway
  • 35Kms from Mombasa CBD
  • 45Kms from Moi International Airport
  • 48Kms from Mombasa SGR Terminus
  • Reduced drive time to Mombasa due to the expansion & dualing of the Malindi- Mombasa highway, which is currently ongoing.
Vipingo Model City boasts a robust infrastructure and premium amenities designed for a vibrant, sustainable live-work-play environment. Key features include a 3-million-litre-per-day seawater desalination plant using reverse osmosis for a constant potable water supply, reliable electricity via an on-site power substation, and well-designed roads with excellent connectivity to major transport hubs in the Kenyan coast.
The seawater desalination plant at Vipingo Model City produces 3 million litres of potable water daily, utilizing advanced reverse osmosis technology to meet WHO standards.

Living in Vipingo Model City means access to commercial and industrial hubs, fostering a dynamic lifestyle where you can live, work, and thrive in one vibrant destination.

Investment & Financials

For Riviera townhouses you are able to enjoy tailored flexible payment plans designed to fit your financial goals, ensuring a seamless path to owning your dream property at Riviera.

10% on signing the letter of offer. Balance in flexible installments ranging from 12 months.

For Riviera townhouses you are able to enjoy tailored flexible payment plans designed to fit your financial goals, ensuring a seamless path to owning your dream property at Riviera.

10% on signing the letter of offer. Balance in flexible installments ranging from 12 months.

To book your unit at Riviera townhouses you require only ten percent of the total amount which is KES 1.15M and the unit will be fully booked under your name.

Yes, we have multiple financing options that are availeble to you. As Centum RE we have taken the initiative to pursue strategic partnerships with banks, SACCOs, and financial institutions to enhance financing options.

With our developments in vipingo expect impressive rental yields from 8% and substantial capital appreciation (3% – 5%), driven by their exceptional location and unmatched quality. Given the real estate market around Vipingo is continuously growing it will offer the opportunity to benefit from even stronger benefit rates.

Yes, Riviera Townhouses are ideally positioned to generate strong rental income for both short-term (e.g., holiday lets) and long-term stays. With growing demand fueled by Vipingo Model City’s expanding developments, rental potential is set to soar. Managed seamlessly in-house Management System, your investment can yield attractive returns while thriving in a vibrant coastal ecosystem.
Riviera Townhouses provides dedicated in-house property management through our expert team, handling maintenance, tenant acquisition, and tenant relations with precision. Each estate within Vipingo Model City is independently managed to ensure personalized attention, maximizing the value and comfort of your investment.
 
 

After the developer completes the construction of the units, the transfer process will commence and you will be able to occupy/rent out the unit from the date of handover.

Buying Process and Next Steps

We have streamlined the journey to owning your Vipingo Development with a clear process, that is smooth and stress-free, breaking it down into easy steps tailored to your need.

  1. Explore the residences and initiate contact with our sales team for a tour/call.
  2. Select the desired unit and with the help of our dedicated team they will assist in generating a Letter of offer (LOO) for you.
  3. After signing the LOO you will make a 10% deposit to fully book the unit.
  4. An agreement for lease (AFL) will be prepared with our legal team after signing you will make an additional 10% deposit.
  5. Clear the remaining balance within 12 months in flexible payment plans of monthly, bi-monthly or quarterly installments.
  6. Once all payments are completed our team will hand over the unit and welcome you home

To book your unit we would require the following:

  1. A copy of your national ID/passport.
  2. A copy of your KRA document – for international clients we also provide assitance in getting this document.
  3. Your phone number.
  4. Your email address.
  5. Your physical address & postall address.
  6. Next of kin details – name, phone number, email address & relationship
Reach out via our contact form at riviera.vipingodevelopment.com or email info@vipingodevelopment.com or call us on +254 747 019 978 for personalized answers from our dedicated team.

Ready to Build Wealth with Riviera

Discover crafted townhouses with premium amenities in the heart of Vipingo Model City. Enquire now to secure your coastal dream home or investment opportunity!

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