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...
The off-plan model refers to buying a house that is not ready for occupancy. It could either be before groundbreaking or bought during construction of the unit. This model is a great way of addressing the homeownership gap in Kenya. It has helped many people become homeowners in a very short period of time. However, it has also led to a lot of pain. Especially where no due diligence is done by...
If you are at this step, let me first of all congratulate you for the milestones. And how far you have come. The thought of construction clearly alludes to a certain level of sacrifice that you have. Construction in Kenya is subject to regulations from the government. And while many view these regulations as bad thing, they are there to protect us. Regulations & approvals are specified guidelines and...
Owning a home is the dream of most Kenyans, if not all. There is a spot that renting does not seem to hit in the hearts of many. A thirst that is only quenched with homeownership. I am even 100% sure that you who are reading this article are thinking of the same. Having that space to raise your kids, retire to, and even chill on the weekends. All without the strain and worry of making monthly rent...
Let me guess. You have saved up some money after years of working to buy a plot but you are not sure whether to continue renting and owning a home. Believe me you are not alone. One question that hits you in your midlife is that of whether you should buy a house or continue renting out. I really can't blame anyone, data from the Kenya National Bureau of Statistics (KNBS) in 2024 shows that the...
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