When you hear about Tatu City, what comes to mind? For many people it is often a city with many rules; to some it is a safe haven for local celebrities. But for the majority of people, they just don’t know, and I don’t blame them. Tatu City has been sort of hidden to many, as it is nestled within the outskirts of Nairobi. There are no public service vehicles passing in Tatu City, and so, it has been...
Nairobi’s population is seeing a sharp growth. This growth is primarily due to the abundance of job opportunities, robust infrastructure, and convenient accessibility. This has made many people urbanize, and with that comes a sharp demand in housing. Over time, this increased demand has led to price increases that have priced out many people from buying land within Nairobi. Moreover, the...
Rent is a term that many of us know well about, especially when the end of the month approaches. However, what many people don’t know is that the arrangement between them and the landlord is legally binding. This means that if any issues arise, the law could take precedence. After the Landlord and Tenant Act, we have other legislation guarding tenancy. One of them involves the rent tribunal. Let us dive...
Investing is the surest way to build wealth for anyone regardless of their age. And while there are many investment vehicles, real estate stands out as one of the most stable and most rewarding ones. Stick with me as I convince you why I think you should invest in real estate despite the massive discouragement by many “uninformed” persons. And because there are always two sides to every coin, we are...
Why understand Real estate taxes Investing in real estate needs knowledge in some key areas. This includes understanding the construction process, laws surrounding real estate, financing structures & TAXES! Most people I have met understand all key areas apart from taxation. For many, it feels like being robbed by the government. And it is the reason most people shy away from educating...
Defining Sectional Property Sectional property refers to a unit that is part of another larger unit. For example, an apartment that is part of a block. It could also include a maisonette or bungalow that is part of a development. For those buying apartments, this topic is a must-know for you. It could depend a lot on how you enjoy your property. The Sectional Property Act was amended in 2020. This...
A title deed is a document that gives legal ownership to the owner of a property. In Kenya, title deeds are used as proof of ownership and to authenticate property transactions. In our view, buying land that has a genuinely proven title deed is one of the safest ways you could ever acquire land in Kenya. That said, there are several types of title deeds according to the Kenyan law. This is because the...
Marriage is a union that binds two individuals into one. Or as they say, he whom God has joined together, let no man separate. However, life does get complicated, and unfortunately people get divorced. When it comes to dividing property in the event of a divorce, matters can become complex and messy. This is where the Kenyan Matrimonial Property Act of 2013 comes in. It aims to bring clarity to the...
Kasarani is a middle income neighborhood situated 12 kilometers from Nairobi CBD. It is a mixed-use area with many residential, commercial and retail developments. What makes Kasarani attractive to most investors is the fact that it is the second most populated sub-county in Nairobi. The middle income residents plus the population makes it good for any investor. Political...
Parkland's history spans from the colonial era in Kenya. The locality was famous for hosting civil servants. Unknown to many is that Parklands draws its name from the proximity to City Park. Since the 2000s, Parklands has grown from just a residential area into a mixed use suburb. It features a blend of commercial and residential properties. Moreover, its proximity to the CBD coupled with reasonably...
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