Kiyovu: Evergreen Investment unveils flagship apartments, redefining premium living

In Kiyovu, one of Kigali’s most prestigious neighbourhoods, Evergreen Apartments is fast redefining what premium urban living looks like in the Rwandan capital. Set on a 2,100-square-metre plot, with the building itself occupying 1,100 square metres, the development sits at a vantage point that captures sweeping views of Kigali’s skyline from nearly every angle. ALSO READ: Diaspora investors urged to tap into Rwanda’s housing boom Located within walking distance of the city centre, King Faisal Hospital, and several four- and five-star hotels, including the Kigali Marriott, the apartment complex blends convenience with exclusivity. It is designed for everyone who values both accessibility and tranquility in equal measure. The building comprises 20 spacious apartments, each offering three bedrooms with en-suite bathrooms, an additional guest bathroom, a maid’s room, laundry space, and large balconies that open to panoramic city views. Each unit measures approximately 237 square metres, a size that sets it apart from many apartment developments in the city. The building also features four penthouses, two with three bedrooms and two with four bedrooms, each spanning about 277 square metres. These top-floor units come with private jacuzzis and direct access to a 360-degree rooftop designed for leisure, social gatherings and quiet reflection amid greenery. ALSO READ: Apartment buildings are surging. Who’s buying them? Beyond private residences, the estate will offer shared facilities that reflect a modern lifestyle, including; a swimming pool, a fully equipped gym, sauna, steam room and a rooftop space suitable for hosting friends and relaxing. Residents will also have elevator access, a garbage disposal chute with early buyers saying that these features elevate the development beyond mere housing into a lifestyle offering. Although construction is still in its final stages, with completion expected in February 2026, several units have already been secured. Pierre, one of the early buyers, said the decision to invest was driven primarily by location and design. “Kiyovu has always been, and continues to be, a premium neighbourhood in Kigali. Its central positioning and prestige make it a strong area for long-term value appreciation and return on investment,” he said. He added that the apartments meet his expectations of luxury living. “The quality of design, finishes, and overall planning demonstrate real attention to detail and comfort. The spacious layouts and modern architecture align well with what one would expect from a high-end residence.” Pierre also highlighted space as a key differentiator. “Unlike many apartment developments in Kigali, where space is limited, Evergreen Apartments offer generously sized units. This significantly enhances comfort and makes the investment more attractive.” For him, the development ticked both lifestyle and financial boxes. “I was seeking an investment that offers flexibility and strong returns. Evergreen met these expectations through its strategic location, quality construction, and long-term value proposition.” ALSO READ: In-situ housing is a sustainable path for Kigali’s urban development Another buyer said purchasing early was a strategic decision. “I bought it early because it simply made sense. The location in Kiyovu, the large space compared to other apartments I visited, and the affordability for what is being offered all stood out,” he shared. He added that buying off-plan provided flexible payment terms and the opportunity to watch his investment grow even before completion. According to Evergreen Investment Ltd, every aspect of the project was intentional. “This is my first project in Rwanda and it had to be in a prime location,” said Fessehaye Hailemichael, co-founder and managing director of the company, during the open house event. “When I started searching for land, I considered only three areas: Kiyovu, Kimihurura, and Nyarutarama. Kiyovu became my first choice because it is calm, residential, and prestigious. It is the right place,” he said. Fessehaye noted that unit size and privacy were central to the design philosophy. “These apartments are very big. You won’t easily find units of this size elsewhere. When we talk about quality, we mean quality of living. People want privacy, comfort, and space, especially when they are investing in a home.” He revealed that the company plans to retain ownership of some units, noting that while about eight units are already sold, We plan to keep around 30 per cent of the apartments because it is our first project in Africa, and really one can’t just sell off everything in such a rare location like Kiyovu considering also the uniqueness offered in our typology size. ALSO READ: What are the key amenities that make a housing project green? Project manager Daniel Teklehaimanot said safety and durability were key priorities. “From a structural perspective, we focused heavily on stability and long-term safety. Our goal was to ensure that Evergreen Apartments stand among the most reliable and comfortable residential developments in Kigali.” He praised Rwanda’s strict regulatory environment, noting that regular inspections by city authorities guided each construction phase. “In Kigali, you do not move forward without approval. That level of oversight supports sustainable urban development.” Teklehaimanot added that the project uses durable, high-quality materials sourced locally where possible and imported from countries such as Turkey, China, and Egypt when necessary. The building also includes 24-hour security, backup generators, water reservoirs and dedicated fire safety systems. Prices currently range from $275,000 to $545,000 depending on the apartment floor level. Buyers can secure a home by paying as low as 40% upfront, and the rest can be paid under the available flexible payment plans that can last up to two years with an 8% discount on the purchase price. Also payment arrangements are being facilitated through partnerships with various banks to accommodate buyers desiring to own through mortgage financing locally, regionally, and internationally. Established by Diaspora Eritrean developers under Evergreen Investment Ltd, Evergreen Apartments is the company’s first project on the African continent. Fessehaye said Rwanda emerged as the preferred destination after six months of research across several countries, including Ethiopia, Uganda, and Zambia. “Rwanda is stable, peaceful, and investor-friendly, especially in real estate,” he said. “The ease of getting investment approval and the transparency of institutions like Rwanda Development Board [RDB] made the decision clear. And because of this experience, we are already looking to launch our next project.”

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Kiyovu: Evergreen Investment unveils flagship apartments, redefining premium living