Real Estate

3 Bedroom Apartments for Rent in Nairobi: A Guide for Renters

If you're in the market for a 3 bedroom apartment in Nairobi, you're in luck. The Kenyan capital has a wide range of housing options to suit different budgets and preferences. In this article, we'll take a look at what you can expect to find when searching for a 3 bedroom apartment for rent in Nairobi, and provide some tips to help you find the perfect home. One of the first things you'll notice when...

Things to consider about a neighborhood when buying a home in Kirinyaga county

Moving to a new home belongs to the group of big decisions one makes only a handful of times in one's life, regardless if you are going to be owning your place or renting a property. There are several things to consider about a neighborhood when buying a home in Kirinyaga County. This article discusses some of them. SAFETY FIRST The safety of you and your loved ones should always be a top priority!...

How do Kenyan SACOOs work when buying a house?

SACCOs have shown themselves to be innovative and responsive to market conditions and client needs, including housing security. Their importance in the housing sector is now indisputable; the World Bank estimates that up to 90% of the country’s housing finance is supplied by SACCOs and housing cooperative networks. SACCOs are non-profit financial cooperatives owned by their members and governed...

How do Housing Cooperatives work in Kenya

Housing Cooperatives do not take deposits or make loans. Rather, they invest in and sell land to their members. Housing Cooperatives will acquire large parcels of land which they divide up into individual parcels of land. Members must put down an initial deposit, usually 25 percent of the sale price, and agree to pay the balance in 90 days. Most members finance the balance by obtaining a loan from the...

Can foreigners buy and own land in Kenya?

Yes - Foreigners are allowed to own property in Kenya subject to a few legal constraints. This pdf might give you some insights The declaration of unconstitutionality of section 47 of the Amendment Act means that non-citizens may enter into transactions involving first and second-row beachfront property and land within 25km from the inland national boundary of Kenya without requiring the Cabinet...

How much money do you need to invest in real estate in Kenya?

Usually, investment properties will require a larger down payment compared to owner-occupied property. Your regular 3% down payment to own a home, will not cut it. Most banks in Kenya will require an average of 20% – 30% of the value of the property as the down payment for an investment mortgage. How much does it cost to rent a house in Nairobi? According to a 2017 Business Insider article,...

How do I invest in real estate in Kenya?

Consider Buy-to-Let One of the ways to earn from real estate in Kenya is renting out. It is much easier than buying houses in kenya and selling property in Nairobie Kenya, and you have a steady income monthly. This is one of the favorite strategies among many real estate investors in Kenya. After renting out the house, increasing the rent every year is straightforward to reflect inflation and keep pace...

How to save money on your next business or Easter holiday accommodation at Westlands Nairobi Kenya

Renting a fully furnished apartment in Westlands Nairobi Kenya has never been easier. You can find short term rentals with cheap prices and unbeatable customer service. These rentals come with all the amenities you need to live comfortably in this city, such as parking space, laundry service, an onsite manager and many more! How to save money on your next business or holiday accommodation Why Choose...

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