Lower Purchase Prices One of the standout benefits of buying off-plan is the access to property at below market value. A property purchased today may not be due for completion until December 2023. That means you could have two years of capital growth before you’re delivered a brand new property. This is a massive advantage if you’re looking for an investment you can turn around...
Real Estate
Former Attorney General Githu Muigai has been spared cross-examination in a property fight involving the sale of 16 apartments on Ngong Road. Justice Wilfrida Okwany dismissed the application by Housing Finance Corporation Ltd, seeking to cross-examine Prof Muigai, a director of Farlake Estate ltd, saying the bank failed to specify what it wanted to be clarified in the process. The bank claimed that...
Real estate investors have reported double-digit losses in income as the Covid-19 pandemic keeps rent prices low and causes poor uptake of space, a report by realtor Knight Frank shows. Hospitality, retail and health centres have been the most affected assets, posting 50.5 percent, 41.4 percent and 26.7 percent drop respectively in income in the 12 months to April. Others such as office and...
Recently, researchers and investors have found a wide range of skills that one can learn in Real Estate Market. These are, but not limited to: Skill 1 Skill 2 Skill 3 Skill 4...
Now that we know that investing in real estate in Kenya is a great idea, and we know what to look out for so as not to make mistakes. We can look at some ways one can invest in property in Kenya. Investing in land in Kenya Buying land The most popular real estate investment avenue in Kenya is Land. Investing in Land in Kenya is appealing simply because once you buy, you really don’t have to do...
There are several important things you need to understand and check before you get into a property transaction in Kenya. Like any legitimate business, there exists the very real possibility of getting swindled. To avoid complications, it is first important to check the validity of the title deed, the zoning of the property and whether the land rates and taxes have been paid up to date. It also necessary...
Kenya has been in the Global limelight as a favorable investment destination, especially after the GES summit that happened in Nairobi in July 2015. International media has picked this up as expected. A great take I liked was by Forbes , a nice article entitled Why invest in Africa’s Fastest growing economy. It is an open secret that the business environment in Kenya has been great, with many...