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Watamu investor sweetens deal for buyers of high end apartments

Hemingways Collection has rolled out a five-year offer for owners of the group’s new high-end developments in Watamu.

In the deal, prospective owners of Hemingways Residences in Watamu will enjoy what the developer calls a guaranteed fixed return, an offer that promises a seven per cent annual return on the purchase price, inclusive of service charge, for five years.  Investors will enjoy an annual 8.5 per cent rental yield.

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