Land buying and selling forms a key part of Kenya’s real estate market. And a very important one for that matter. Consider this: without land, you cannot build, and if you cannot build, you cannot sell or rent out your property. That is why I think it is important for you to understand land and how it is transacted. Sadly, there has been a shortfall in information regarding land, and the few people...
What is a land sale agreement? A land sale agreement is a contract between a seller and an interested buyer that outlines the terms and conditions of sale. Land buying is a process, and anything can happen along the way. To ensure that the rights of both buyer and seller are protected, a sale agreement is important. It protects the seller by making sure they are not wasting their time, as only...
Recently, someone came to us looking for a piece of land to buy around Nairobi. They wanted somewhere they could develop some apartments but did not want to spend huge amounts of cash on land alone. In Nairobi, developers end up spending us much as 60% of their project investment on land alone. So for us the task was simple, get land in a fast growing pocket near Nairobi with a huge potential for future...
One of the most crucial steps that you need to take before buying land is doing a physical site visit. In real estate, seeing is believing. Therefore, you cannot afford to skip this crucial step in a sector where trust is paramount. A site visit is simply a physical trip to the piece of land or development that you have interest in. In this short blog post, I will be providing you with the information you...
If you are like many Kenyans, you probably work in the informal sector, or what we call the jua kali. Maybe in an industry like the boda-boda, or you run a green grocery, or maybe a small shop. If you are in any of the businesses above and you dream of owning a plot, then this is for you. You see, over the years I have constantly been asked by many people in the informal sector whether their income is...
strategies to land banking Land is something that most Kenyans are in love with. I am convinced that if Moses had been leading Kenyans to the promised land. It would have just taken 2 days. With all jokes aside, there is a growing concern about how we are doing it. Most people buy land for speculation, and while it is a valid way to invest, you guys are doing it wrongly. In this blog, I will be...
Buying land as you have probably heard from many people is one of the go to investment especially here in Kenya. If you are keen when using the Thika-Super Highway, you will notice a lot of bill boards advertising land and property. With all this going around, I am sure most of you are aching to buy land as soon as you get the funds to do so. However, buying land is not like buying potatoes (please...
From many stories that we have heard and read, it is clear that many Kenyans are losing millions to land scams. With the popularity of land as an investment choice, many people are sacrificing a lot to own that piece. And I understand them completely. Land as an asset can give you crazy returns if done right. Moreover, it provides security to your money against economic reversals such as banking...
Buying land is one of the best vehicles of investment, especially here in Kenya. If you pay attention while driving on the Thika Superhighway, you will notice many billboards advertising land and property. I am even sure that you, yes, you, are aching to buy land as soon as you get the money. However, buying land is not like buying potatoes. (Please forgive me for the blunt choice of words.). But in a...
I am fairly certain that you have heard the phrase "50 by 100." The term is so common that most people think it means a plot of land. I grew up hearing the phrase on radios and the popular “buroti maguta,” but that is for another day. Today let us get to know what the 50 by 100 actually means and dive into the history and facts about it. Why do 50 -by-100 lots exist? In easy English, 50 by 100s are...
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