The Ruto government has made affordable housing a priority, and there are several initiatives in place to make it easier for low and middle-income earners to purchase their own homes. Leave alone the Expressway..Blah blah blah talk.. Kenya's property market is currently experiencing a period of significant growth and development. Whether you're a first-time investor or a seasoned property professional,...

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...

Apartment hunting in Nairobi, Kenya is rough. For one, you have to judge the worthiness of a potential home from a brief listing and walk-through. Very few Honest landlords and agents will tell you that they have water shortages or electricity problems. You also need to find a location, budget, and layout that all fit your needs and tastes. Sure, there’s no perfect strategy to find the apartment of your...

Ever wondered how much architects charge in Kenya? Or perhaps, how much do architects in Kenya earn per project? Here is a detailed breakdown from Kenya’s no. 1 house design ideas Twitter page @HouseDesignsKe. House Designs Kenya By law (Cap 525: Architects and Quantity Surveyors Act), architects in Kenya are expected to charge a minimum of 6% of the total construction costs. And that’s not all....

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!...

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...

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...

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...

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,...

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...