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 […]
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 […]
Buying Real Estate Now or Later: Is there a Right Time?
The best time to plant a tree was 20 years ago. The second best time is now. – Chinese Proverb There’s no perfect time or age to purchase a home. Before deciding to invest in a new home, it is smart to evaluate your present position in life and whether you are ready to […]
The Ultimate Guide to Property Management
Suppose you decide to purchase real estate to rent it out and generate passive income, then you need proper guidance to make the most of your investment. If you don’t have the time or capacity to manage your rental property yourself, then consider outsourcing this task to a property manager. In either case, you need […]
Making the Most of a Luxury Home Purchase
The demand for luxury homes in Africa is slowly gathering pace as high net worth investors now seek to maximize the apparent potential in luxurious real estate investment. This, coupled with the desire to live in safe, upscale, and modern neighborhoods, has made the idea of luxurious home purchase quite enticing. Numerous features are present […]
How Kenya Real Estate Realities Are Shaping Investment Efforts
With the Kenyan real estate market previously experiencing a slow surge, recent discoveries have shown a massive growth pattern in the industry. This is highlighted by the sector’s increased contribution to the nation’s GDP, which rose from 10.5% in 2000 to 12.6% in 2012 and 13.8% in 2016. Several trends, including increased urbanization and population […]
8 Popular Pitfalls to Avoid as a New Homebuyer
The idea of buying a new home may seem exciting, especially if it is your first home. However, homebuying is a delicate process, and if you are not properly prepared, you may end up making a poor purchasing decision. As you prepare to embark on your homebuying journey, here are some common mistakes you must […]
Renting Out a Property: Tips For New Home Landlords
Owning an investment property is a huge achievement. However, while the idea of renting out your property as a new landlord can be both exciting and daunting, you need to set yourself properly to guarantee great returns on your investment. Suppose you are new to the property rental scene. In that case, there are several […]
How Crucial Is Location When Buying A Home
If you are considering buying a new home, the most critical factor you must have at the back of your mind is location. There are no two ways about this; your home buying decision should be made on the premise of the location, not just the home itself. But then, you may wonder, why is […]
This is Why You Need To Live in a Luxury Apartment
To say that Luxury Living in Kenya is for the chosen few would be a huge understatement. According to a 2017 Cytonn Residential Report, the typical price of a typical apartment in Nairobi and its metropolitan areas is Kes 106,840.8 per SQM. The luxury market’s average price per square meter is approximately 84.3% higher than […]
