Home Property in Kenya
How to buy a house in Kenya?
Here you will find the detailed information about real estate purchasing in Kenya:
- the right way to choose the property and to effect the deal;
- property taxes and duties that should be paid;
- everything about home loans in Kenya;
- home property management and renting;
- rental, commercial properties and related investment properties.
Real estate for sale
Most recent offers from house owners in Kenya and from real estate agencies. Advertisements with the fixed price and auctions are listed here.
You can leave a comment and give advice to other visitors planning to buy a home in Kenya.
Foreigners can buy houses as an individual . You can acquire and commercial facilities (other than agricultural land ) .
For the purchase, the real estate used by a lawyer who specializes in real estate.
Next, perform the following steps:
- Selection and reaching an agreement on the price
- Preparation of a lawyer and signed by the seller and the buyer of the preliminary contract of sale
- The buyer needs to pay a deposit (10-30% of the purchase price )
Within 90 days from the signing of the contract, the seller pays all the taxes and bills and makes pokupatelyayu this certificate.
- The lawyer sends the contract to the Ministry of Land Resources for the registration of property rights.
Within a month after the closing of the transaction must be paid attorney's fees and taxes.
Real estate offers
In general, the real estate market in Kenya is very diverse. The classification includes about 10 types of real estate :
- Cottages ,
- Maisonette ,
- Townhouses , etc.
Here you can find and luxurious colonial-style manor house with its own farms in the vast areas and modest homes in Kenyan villages. Much of the proposals have on the secondary market .
The bulk of the new estate - in the capital of Nairobi, and on the ocean side .
Autumn in the suburbs of Nairobi began construction of Tatu City - a multifunctional project with a total area of 1000 hectares .
After 8-10 years, after work , "city" will take 62,000 people. Delivery of the first residential and commercial buildings is planned for 2012
For overseas property buyers in the Kenyan capital is primarily investment interest , while at the sea foreigners often get home for the holidays.
Most of the transactions in Kenya today accounts for properties valued between $ 120,000 to $ 250,000 .
A bit expensive objects - and they are mainly located on the coast. The most famous and expensive resort area of Kenya - Malindi .
Complexes with swimming pools, gardens, service around the clock , a private beach and other services are often interested investors who are counting on the income from the lease. The season here is actually a year-round , the income from renting apartments is close to 10 % a year, bringing home owners almost halved.
One of the complexes in the area is 1.9 hectares . coast , including five swimming pools , two restaurants with ocean views , a spa with hot tubs and other infrastructure .
All apartments are fully furnished and equipped.
Developers promise a rental income of at least 8 % per year for the employment of the complex by 50% and to 27 % at one hundred percent occupancy rate.
In general, prices are much lower than in European resorts .
So , for $ 600,000 on the coast between Malindi and Mombasa , Kilifi in the Gulf , it is proposed Blue Roof Villa.
The house was built in the mid -1990s . and finished with the best breeds of African wood . The villa has four bedrooms , a living and dining area , kitchen area of 20 sq.m , a library and a balcony encircling the building 40 m long , which offers views of the Gulf of Kilifi , a yacht club and hills. There is a garage , a house for the staff , a garden and a swimming pool.
For $ 520,000 you can buy a 1.1 ha . land with two houses , swimming pools and parking. The plot is located in Kikambala , 25 km north of Mombasa and 1 km from the ocean.
In addition to the typical resort facilities - apartments and villas, a very common commodity in Kenya - some rural homes and land .
Very often, these items are sold with the existing farms or plantations.
For example , 26 ha. land on the Sabaki River , 6 km from Malindi, with banana and coconut plantations , citrus trees and a farm for breeding birds can be purchased for $ 1.33 million
About the same price advertised for a flower plantation area of 2,270 square meters. m, where exports grow feverweed flat, delphiniums and zantedeskiyu with a house with five bedrooms, a gym , a large terrace and a Jacuzzi, as well as a guest house with two bedrooms.
Not less available land for development on the coast.
The cost of Phase 2 - 2.5 hectares. on the ocean - 350 000 - 400 000 euros.
Much more exotic option - the island area of 12 hectares. and a $ 2.4 million
The island has no human settlement , but there are forests , cliffs , beaches , mangroves , antelopes , monkeys, and wild pigs . There is clean drinking water , electricity . The nearest major city - Mombasa .
Finally, in this country you can take ownership of their own land for a safari - the wilderness , inhabited by animals and birds , and where you can organize sightseeing tours .
Ready safari park, full of wild animals: lions , leopards , elephants , buffaloes, sells for $ 2 million
Built on the territory of the main house and several guest houses.
Profit from the reception of tourists in excess of $ 300,000 per year.