Enzo Residence in Riverside, Nairobi, has attracted attention not only because of its 346 apartments, but also because of the launch offers being marketed to early buyers. Here is what buyers need to know about the prices, discounts, deposits and payment plan.
When Reportage Kenya unveiled Enzo Residence in Nairobi’s Riverside neighborhood on August 1, 2026, much of the attention was understandably focused on the development itself: a 346-unit residential complex offering studios, one bedroom and two bedroom apartments. But it’s biggest catch was the amenities that included several swimming pools, gym, spa, children’s play areas and rooftop recreational spaces.
For potential buyers and property investors, however, the most interesting question is how much does an apartment cost, and how does the payment plan work.
According to information released around the launch, Enzo Residence is being marketed with launch prices starting from US$70,000, while buyers are being offered flexible payment options and discounts of up to 40 per cent, depending on the unit and payment arrangement.
That makes Enzo Residence worth looking at beyond the launch event itself, particularly for anyone searching for apartments for sale in Riverside or considering an off-plan property investment in Nairobi.
How much does an apartment at Enzo Residence cost?
The launch pricing reported for Enzo Residence starts at approximately US$70,000 for studio apartments.
The reported prices for the three unit categories are:
- Studio apartments: from US$70,000
- One-bedroom apartments: from US$126,000
- Two-bedroom apartments: from US$165,000
The actual amount a buyer pays can vary depending on the unit selected, applicable discount and payment arrangement. Prospective buyers should therefore confirm the current price directly with Reportage Kenya before making a reservation. The US$70,000 starting price is also consistent with Reportage Kenya’s own social media marketing, which advertises studios, one- and two-bedroom apartments from US$70,000 with flexible payment plans.
A current third-party property listing also shows an Enzo Residence studio in Riverside advertised at KSh11.914 million. This is a market listing rather than an official developer price list, however, so it should be treated as an indication of a current advertised unit rather than the standard price for all studios.
What discounts are being offered to Enzo Residence buyers?
This is one of the most interesting parts of the launch. Information published following the launch indicates that buyers could receive different discounts depending on how quickly they complete payment.
The reported offers include:
- Up to 30 per cent discount on studio apartments
- Up to 35 per cent discount on one-bedroom apartments
- Up to 40 per cent discount on two-bedroom apartments
The discounts were reported as applying to customers who complete payment within three months.
Reportage Africa has also promoted Enzo Residence with messaging around an “up to 40% discount”, while its promotional material separately advertises a payment structure in which buyers pay 1 per cent per month until completion. However, buyers should not assume that every Enzo Residence unit qualifies for a 40 per cent discount.
The wording “up to 40 per cent” is important. The actual discount depends on the unit and the payment arrangement, so anyone considering the offer should ask for the applicable discount in writing before signing a sale agreement.
How does the Enzo Residence payment plan work?
One of the main selling points of the development is its flexible payment structure.
According to information released around the launch, buyers can make an initial deposit of between 10 and 30 per cent of the purchase price. They would then pay 1 per cent of the purchase price every month during construction, with the remaining balance settled upon completion. Reportage Africa’s own promotional material also states that buyers can pay 1 per cent per month until completion.
This is important because it is different from simply being offered a conventional mortgage.
A buyer should therefore establish exactly how the payment schedule is structured, including the construction period, the amount payable at completion and whether there are additional charges outside the advertised percentages.
What would a 30 per cent deposit look like?
Using the advertised US$70,000 starting price purely as an illustration, a 30 per cent deposit would amount to:
US$70,000 × 30% = US$21,000
That would leave US$49,000 outstanding. If the buyer then paid 1 per cent of the original purchase price each month, that would be US$700 per month.
However, this is only a mathematical illustration based on the advertised starting price. It should not be interpreted as an official payment quotation because the applicable discount, unit price, construction period and final completion balance all depend on the buyer’s actual agreement with the developer.
Is the Enzo Residence payment plan a mortgage?
Not necessarily. The advertised 10–30 per cent deposit and 1 per cent monthly payment structure is a developer payment plan. It should not automatically be described as a mortgage.
A mortgage involves financing from a bank or other financial institution, usually with its own interest rate, repayment period, valuation requirements and eligibility criteria.
For buyers who intend to finance Enzo Residence through a mortgage, the important questions to ask are whether the developer has specific financing partnerships, which banks accept the development as security, what the applicable interest rate is and whether the mortgage can cover the outstanding balance at completion.
As of the information available around the launch, the clearer publicly advertised offer is the developer’s own payment structure, rather than a confirmed Enzo-specific mortgage product from a named Kenyan bank.
How much is the Enzo Residence booking fee?
Buyers interested in reserving a unit have reportedly been required to pay a US$1,500 booking fee, equivalent to roughly KSh193,000 based on the exchange rate used in the launch reporting.
Anyone paying a booking fee should first establish in writing whether the amount is refundable, whether it is deducted from the purchase price and what happens if the buyer decides not to proceed with the purchase. These details should form part of the documentation provided before money changes hands.
What apartments are available at Enzo Residence?
Enzo Residence consists of 346 residential units comprising:
- Studio apartments
- One-bedroom apartments
- Two-bedroom apartments
The development is positioned as a premium residential community rather than simply a collection of apartments. Its amenities include a swimming pool, baby pool, jacuzzi, gym, Zumba and aerobics studio, spa facilities, steam and sauna rooms, children’s play areas, a convenience store and lounge spaces.
The project is also being marketed around the idea of combining living, working and leisure within one development.
What kind of returns can investors expect?
This is where potential investors need to exercise some caution.
Launch information has marketed Enzo Residence as an investment opportunity and projected rental returns of up to 30 per cent annually for studio apartments and up to 26 per cent for one- and two-bedroom units. Those figures should be treated as developer or project marketing projections, not guaranteed returns.
Actual rental income will depend on factors such as occupancy, achievable rent, service charges, property management fees, furnishing costs, taxes, maintenance, competition from other apartments and broader conditions in Nairobi’s rental market.
A projected yield is therefore not the same thing as money an investor is guaranteed to receive.
Why is Riverside attracting property developers?
Enzo Residence is entering one of Nairobi’s established premium residential markets.
Riverside benefits from its proximity to Westlands, major business districts, shopping and dining facilities, schools and other services. Current property listings also show a substantial number of apartments available for both sale and rent in the neighbourhood, reflecting an active residential market.
That location is one of the reasons developers continue to position Riverside as a premium residential address. It also sets up a bigger question for property buyers: does paying a premium for a Riverside apartment make sense as an investment? We will explore that in our next article on why Riverside has become one of Nairobi’s most sought after residential neighborhoods.
What should you check before buying an Enzo Residence apartment?
A discount can make a property look considerably more affordable, but buyers should look beyond the headline percentage. Before paying a booking fee or deposit, prospective buyers should ask for the full price list, payment schedule, sale agreement and details of all applicable charges.
It is also important to confirm:
- The exact unit price after the applicable discount
- The amount required as a deposit
- The monthly payment amount
- The completion date
- What happens if construction is delayed
- Whether the booking fee is refundable
- Service charges and other recurring costs
- Parking arrangements
- The terms governing resale or transfer
- The developer’s obligations if the project is not completed as scheduled
- Whether the advertised discount can be combined with other offers
- Whether mortgage financing is available and through which institutions
Most importantly, get the final offer in writing.
An advertisement can say “up to 40 per cent discount”, but what matters to an individual buyer is the discount attached to their specific unit and payment arrangement.
So, is Enzo Residence worth considering?
Enzo Residence certainly has some features that will attract Nairobi property buyers: a Riverside location, multiple apartment configurations, extensive lifestyle amenities and a payment structure designed to reduce the need for a buyer to raise the entire purchase price upfront.
The launch discounts could also make the development particularly interesting to early buyers, especially those who have enough capital to take advantage of the shorter payment period.
But the headline numbers require context. A 40 per cent discount is not necessarily available to every buyer, while the projected rental returns are not guaranteed. Likewise, a 1 per cent monthly payment structure does not mean a buyer can simply walk into a bank and obtain a mortgage on those same terms.
For anyone considering the development, the most important step is to compare the final discounted purchase price, total amount payable, payment schedule and expected rental income rather than focusing on the discount percentage alone. And for buyers considering Riverside more broadly, Enzo Residence is just one piece of a much larger property market that has made the neighborhood one of Nairobi’s most interesting residential addresses.
Related: [Read our earlier report on Reportage Kenya’s launch of the 346-unit Enzo Residence in Riverside, Nairobi.]
