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Definition Co-living is a modern shared housing concept where several individuals live together in one property, sharing common spaces such as kitchens, lounges, and work areas, while maintaining their own private bedrooms or mini-suites. It is designed to promote community, affordability, and convenience, particularly in urban areas where housing costs are high. Who is suitable…
Did You Know You Can Own a Home by Renting?
Pre-sale in Real Estate (Rwanda Context) 1. Meaning of Pre-Sale Pre-sale means selling real estate units (apartments, houses, or plots) before construction is completed — sometimes even before construction begins.Buyers pay in installments during the construction period, and receive ownership (title deed or handover) once the project is finished. It’s a common model in markets…
A condominium (often shortened to condo) is a type of real estate ownership where: Example: If you own a condo in Kigali, you own your private apartment, but the lobby, elevator, and parking lot belong to all owners collectively. The law governing the condominium in Rwanda Law No. 15/2010 of 07/05/2010 “Creating and Organizing Condominiums…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
