How much is the rent for different apartments in Kathmandu valley?
In Kathmandu, the practice of renting a room is old. More than half of the population lives in rented accommodation. Rent is also the safest income for Kathmanduites. Rent has become the source of income for some landlords here. Houses are also built for rent.
In recent times, the rental business of managed collective housing or apartments in Kathmandu has been growing well. Smaller units are available for rent in most large apartments.
Especially in standard housing with all the facilities and living in a relatively urban area, customers who want a standard but fast settlement prefer to rent an apartment.
The apartment also has a gym, swimming pool, playground, open space, ample parking and other facilities. However, the more facilities are available in the apartment, the more rent has to be paid.
How much is the rent for which apartment?
Central Park Apartment, Vishalnagar
Central Park located in Bishalnagar, Kathmandu is considered premium in terms of location. The apartment has facilities including department store, ATM lounge, badminton court, health club, indoor and outdoor swimming pool. The indoor swimming pool is suitable for winter season as it gets hot water.
Real estate agent Jha says that they have to pay Rs 80 to Rs 100,000 for two beds, Rs 110,000 to Rs 130,000 for three beds and Rs 130,000 to Rs 150,000 for four bedrooms. Similarly, the rent for the penthouse has been fixed at Rs 200,000 to Rs 300,000. There are more than half a dozen penthouses in this apartment.
You have to pay Rs 50,000 to Rs 60,000 for a three-bedroom flat in this apartment. Two-bedroom apartments are available at Rs 35,000-40,000. The apartment also has security guards, gym, swimming pool, good parking, open space, playground and other facilities.
Imperial Apartment, Sanepa
The Imperial Apartment at Sanepa Heights in Lalitpur is probably the most luxurious and well-equipped apartment in the country. In terms of location, Sanepa has become a hotspot in the valley. You have to pay Rs 150,000 to Rs 200,000 to live in this apartment. Penthouse rent is even more expensive.
This apartment has 3 bedroom apartments. Some apartments are duplex (two storeys from the inside). All the apartments here are fully furnished.
Most foreign families live here on rent. Even so, Jamsikhel and Sanepa are areas of interest to foreigners. There are a lot of foreigners living here with their whole house. According to Jha, the Marwari family also lives in the apartment.
There is ample open space, swimming pool, gym, jacuzzi, sauna, playground, ample parking and other facilities. A good view of the city can be had from the upper lake.
Classic apartment, Hattiwan
Classic apartments have no open space or playground. However, there is a gym and swimming pool. You have to pay Rs 50,000 to Rs 60,000 for three bedrooms and Rs 35,000 to Rs 40,000 for two bedrooms.
City View Apartment, Jamsikhel
This apartment does not have a playground or swimming pool. However, the apartment is in a premium location in the city. That is why more foreigners live here. Downtown Housing has built this apartment targeting foreigners. The rent for a two-bedroom apartment here ranges from Rs 80,000 to Rs 100,000.
Sterling Apartment, Jamsikhel
The sterling apartment in Jamsikhel is also targeted at foreigners. The apartment, built by the Golchha family, does not have a gym or swimming pool. According to Jha, all other basic services are available. There is not much space in this apartment. Due to the premium location, one has to pay Rs 120,000 to Rs 200,000 for a three-bedroom apartment.
Downtown Apartment, Hattiwan
You have to pay Rs 50,000 to Rs 60,000 for a three-bedroom apartment. When you buy a two-bedroom apartment, you can get only 35-40 thousand. There are security guards, good parking space, playground and other facilities here.
Bajra & Sangrila Apartment, Jamsikhel
This apartment in Jamsikhel has a swimming pool, gym, communal garden and some open space. The minimum service facilities required in an apartment are also available. You have to pay Rs 40,000 to Rs 50,000 for two bedrooms. Similarly, Jha informed that they have to pay Rs 65,000 to Rs 75,000 for three bedrooms.
Prestige Apartment, Chandol
Only three-bedroom apartments are available for rent at Prestige Apartments in Chandol. You have to pay Rs 70,000 to Rs 90,000 for living in this apartment. It also has a gym, swimming pool and playground.
Westar Residency, Balkumari
This is also a well-equipped apartment. However, due to the remoteness of the location, the apartment rent is relatively cheap.
This apartment has two bedroom and three bedroom apartments for rent ranging from Rs 50,000 to Rs 90,000. It has swimming pool, gym, jacuzzi, sauna, ample open space, movie theater, in-house cafe and other facilities.
Comfort Housing, Panipokhari
To live in this apartment, you have to pay Rs 80,000 for two bedrooms and Rs 100,000 for three bedrooms. Located in the heart of the city, this apartment has a gym and swimming pool but no open space.
Hilltech Apartment, Panipokhari
Three-bedroom apartments are available for rent at the Hilltech Apartments in Panipokhari, which range in price from Rs 60,000 to Rs 90,000.
Vibhor Apartment, Kamalpokhari
Vibhor Apartments in Kamalpokhari, considered to be the hotspot location of the city, has three bedroom flats. Jha says that he has to pay Rs 1 lakh to Rs 1.5 lakh for renting an apartment. There is a gym and swimming pool, no open space.
Silvercity Apartment, Kalikasthan
Three-bedroom to five-bedroom apartments are available at Silver City, a skyscraper in Kalikasthan. You have to pay Rs 80,000 to Rs 1.5 lakh for renting an apartment here. The apartment also has a gym, swimming pool and open space. This apartment is the best for sightseeing in the Kathmandu Valley.
Bhatbhateni Apartment, Tangal
To stay in Bhatbhateni apartment in hotspot location Tangal, one has to pay Rs 80,000 for two bedrooms and Rs 135,000 for three bedrooms. The apartment also has a gym, swimming pool and open space.
KL Residency, Sano Gaucharan
There are only three-bedroom apartments for rent. You have to pay one lakh to one and a half lakh rupees for renting this apartment. There is also a gym, swimming pool and open space.
Grandi Apartment, Tokha
Tokha’s Grandi apartment can also be rented for Rs 40,000 to Rs 80,000. The rent has been fixed at Rs 40,000 to Rs 60,000 for two bedrooms and Rs 60,000 to Rs 80,000 for three bedrooms.
Overall, apartments in Kathmandu are a bit more expensive than traditional flats in terms of accommodation. In the main urban residential buildings, a flat costs up to Rs 30,000 a month, with an average area of less than 1,000 square feet.
However, in well-equipped apartments, there are only 30-40 thousand furnished apartment units. Where you can experience the modern lifestyle.
Due to pandemic situation the above mentioned price also may varies.