Property management in Westlands, Nairobi.
A well-finished 2-bedroom in Westlands typically lets to corporate, un, ngo for about USD 1,700 a month, wired to your foreign account on the 5th. We handle the tenant, the rent, the paperwork and the Kenya taxes; you do nothing.
What a Goldstay-managed home in Westlands actually earns.
Indicative figures from recently let, well-finished 2-bed apartments in Westlands. Directional, not guarantees.
Long-term rent
USD 1,400 to USD 2,000 / month
Recently let, well-finished 2-bed apartments in Westlands. We collect in KES, remit in USD on the 5th.
Tenant profile
Corporate, UN, NGO. We vet every applicant via ID, employer, income, references and a face-to-face interview before anything is signed.
Compliance
KRA returns, service charge, land rates and any neighbourhood levies are paid from your collected rent and itemised on every monthly statement.
Know your property's real yield.
Two minutes. No sign-up. Based on what our managed portfolio actually earns in Nairobi and Accra. Get a working estimate now, a specific one within 48 hours.
Straightforward answers to the questions we get most.
What is your management fee?
For long-term management we charge 10% of rent collected. For Airbnb and short-stay we charge 20% of revenue. Tenant finding only is a one-time fee equivalent to one month's rent. No hidden charges, no surprise deductions.
How do you remit rent to my foreign account?
We collect rent in Nairobi in KES, convert at a transparent wholesale FX rate, and wire USD to your bank account in Europe, the UK, USA, UAE or Canada. You receive a statement every month showing every shilling collected and every cent remitted.
What currency do you collect and remit in?
In Nairobi we collect in Kenyan shillings (KES) and remit in US dollars by default. We can also remit in EUR, GBP or AED on request. FX is done at wholesale interbank rate with the spread disclosed on every statement.
Do I need to be in Kenya to sign you on?
No. Everything from the first call to contract signing happens remotely. Documents are signed electronically and witnessed under Kenyan law where required. Your first visit to the property can be long after you've started earning.
How do you vet tenants?
Every applicant goes through ID verification, employer confirmation, income verification, referee checks and a face-to-face interview. For corporate tenants we verify the entity and signatory. We only present shortlisted tenants to you for final approval, and nothing is signed without you.
What happens if a tenant doesn't pay?
We chase on day one, not day thirty. Our lease agreements are enforceable and we have Kenyan legal partners in Nairobi who can serve notice and begin eviction proceedings within the statutory window. You'll know within 48 hours of the first missed payment.
What happens to my property if Goldstay closes?
Your property is yours. Your tenant relationship is yours. Your bank details stay on your own accounts. If we ever wound down, every landlord would receive a full onboarding pack within 14 days: tenant contact, lease, statements, vendor list, keys. No lock-in is built into our operating model.
Do you manage Airbnb properties?
Yes. We run full short-stay operations including listing creation, dynamic pricing, guest communication, cleaning and maintenance. We pay only the portion of our fee that corresponds to revenue actually collected. We do not guarantee a specific revenue number, we guarantee the execution.
Can Goldstay help me buy a property in Nairobi?
Yes. Our Property Sourcing service is built for diaspora buyers who want to buy in Nairobi remotely without getting burned. We search to your brief, run in-person inspections, negotiate the price, verify the title with our Kenyan property lawyers, and hand you a turnkey asset at completion. The service is free for you as the buyer.
Who pays for repairs and maintenance?
You do. It's your asset, after all. But the job is entirely ours. We source quotes, supervise the work, pay vendors directly from your collected rent, and send you the receipts. Anything under USD 50 is handled without disturbing you. Anything between USD 50 and USD 250 appears on your statement with a photo receipt. Anything above USD 250 is pre-approved with you in writing before we spend a shilling.
How is Goldstay different from my current Nairobi agent?
Three things: we live in Nairobi full time, our entire operating model is built around diaspora reporting and USD remittance, and we take zero commissions from contractors or listing platforms. If your current Nairobi agent offers all three of those and you're happy, we'd genuinely tell you to stay.
Ready to stop worrying about your property?
Join diaspora landlords across Europe, the UAE and North America who trust Goldstay.