What You Should Keep In Mind About Kenya’s Real Estate Sector.
Kenya’s real estate sector contributes significantly to the economy and GDP. It has recently undergone transformation as a result of policy changes, a lack of funding, and a variety of other factors. If one wishes to invest in real estate, he or she must consider a number of factors, as making the wrong decision can […]
A Four-Point Guide to Successful Property Investment.
For the better part of the last two decades, the Kenyan property investment market has grown exponentially as indicated by its contribution to the country’s GDP which grew from 10.5% in 2000 to 12.6% in 2012 and 13.8% in 2016. Previously, the real estate sector had witnessed stagnant growth in 2017 and 2018. In 2019, […]
How to make Real Estate Investment Work for You
Buying and owning real estate as an investment strategy can be both profitable and rewarding. Unlike stock, bond, and cryptocurrency investors, real estate investors can take advantage by paying a portion of the total cost of ownership up front and paying off the rest plus interest over time. Mortgages generally require a 20% to 30% down payment, and although some developers, such as Saif Real Estate, offer a 12 year repayment plan, this generally encourages investors to buy more homes. Here are some tips to help […]
Property Investment tips for first time investors
Real estate investing does not come with a manual, and the road to riches can be long and winding. However, there are steps you can take to get yourself on the right track and increase your chances of success. Here are a few real estate investing pointers. Look for rental homes in newer neighborhoods. Buyers […]
Some tips for first time home buyers
Start saving for down payment early. Get a down payment calculator to help you land on a goal amount. You can set up an automatic savings plan and use an app to track your progress. What is your budget? Before you start looking for your dream home, you need to know what’s actually within your […]
Kenya’s Real Estate Market Report 2022
To understand Kenya’s Real Estate Market, you must understand the country’s economy. Kenya’s market-based economy is widely regarded as East Africa’s economic, commercial, financial, and logistics hub. Kenya has successfully attracted US and European exporters and investors because it has the most substantial industrial base in East Africa. More international companies are investing in Kenya […]
Investing In Kenya Real Estate From The Diaspora
The benefits of investing in real estate are numerous and exciting. Hence, investing in Kenya real estate offers a wonderful opportunity to maximize your income potential and build wealth. With the diverse prospects available in carefully selected assets, investors are guaranteed substantial cash flow, tax advantages, and excellent returns. As a Kenyan living abroad, investing […]
8 COMMON NEW HOMEBUYER MISTAKES TO AVOID
Buying a new home can be an exciting prospect, especially if it is your first home. However, buying a home is a delicate process, and if you are not properly prepared, you may make a poor purchasing decision. As you prepare to begin your home-buying journey, here are some common home buyer mistakes to avoid. […]
How Mortgages Are Affecting Buying Real Estate
According to a survey conducted by the Central Bank of Kenya and the World Bank, more than 80% of buyers financed their home purchase, with an annual average growth of 34%. If you fall into this category, keep reading as we discuss the benefits and drawbacks of paying for your home with a mortgage. It’s […]
