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Towns with high potential for real estate

From Kenya’s capital Nairobi to the various counties, real estate remains an attractive investment to many. The demand for housing is growing with increased urbanisation and growth of devolution, yet the government has been unable to meet the annual housing requirements. This has opened up business opportunities for private sector players, who are buying land and developing houses to cater to different types of …

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Real Estate Business In Kenya Is The Best Investment S...

Many people in Kenya usually get money and do not know what to do with it! Nowadays, especially with lotteries gaining popularity in Kenya, anyone can become a millionaire. It is not the era when only accountants and lawyers had real money in Kenya, now the problem is not how to become rich, the problem in Kenya is how to distribute wealth. There was …

Why Live in Nairobi as an Expat

Lifestyle in Nairobi  PRO: Relatively integrated society With the emergence of a large middle-class with disposable income, the expat and local communities are not as segregated as they used to be. Kenyan and expat parents mix openly at kids’ schools, country clubs, bars, shopping centres and local restaurants.  PRO: Mild climate Nairobi enjoys a mild climate throughout the year. The city is at a …

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Buying A House in Kenya

Total transaction costs are low in Kenya   How high are realtors’ and lawyers’ fees in Kenya? What about other property purchase costs? TRANSACTION COSTS Who Pays? Stamp Duty for Draft Transfe 2% – 4% buyer Legal Fees 1.5% buyer Banker’s Check Charge KES600 (US$7) buyer Registration KES500 (US$5) buyer Real Estate Agent’s Fee 1.25% seller Costs paid by buyer 3.51% – 5.51% Costs …

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Buying a Home

There are cracks in the foundation. Nothing structural. Nothing that’s going to threaten the stability of the home, but they’re there. Nooks, crannies and holes through which seeps an invisible threat. Colorless, odorless and undetectable by your average human, it is nonetheless the second leading cause of lung cancer in the United States. Radon gas – even the name sounds ominous, evoking images of …

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