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...
History of Kitengela Kitengela is one of Kenya’s fastest growing towns as of recent statistics. The fact that its population has tripled since 2009 speaks for itself. The town is located about 30 Kilometers from Nairobi CBD and lies in Kajiado County. The newly build expressway has however made Kitengela sound like a satellite town just near Nairobi. Up until recently, Kitengela town was rooted...
Westlands is one of the high end neighborhoods in Nairobi. It is located about 3.2 km from the Central Business District in the Westerly areas of Parklands estate. Over the years, it has evolved from a residential to a mixed-use area. Good roads and its proximity to the CBD has led to sprouting of commercial and office spaces. Political representation in Westlands The Member of Parliament (MP)...
Roysambu is a mixed-use commercial and residential area located about 11 kilometers from Nairobi CBD. It is part of the localities that form the extensive Kasarani area along Thika Road. It consists of various localities each with its unique character and charm. Among the popular areas in Roysambu include: Mirema Drive, TRM Area, Zimmerman, Kahawa West (near Roysambu), Garden Estate, Thome Estate, Lumumba...
Let us be honest, land and property buying is always a high risky transaction. Especially because you're spending a lot & the seller in most cases is a stranger. I totally get you, transacting huge amounts of money when you are new to buying can be stressful. However, there are safety checks that have been put in place to protect you and your hard earned money from swindlers. This is the land search...
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