Real estate investments can be profitable if done correctly. Here are some tips to help you make the most of your investment: 1. **Understand the market**: Understanding the real estate market is crucial to making informed decisions. Research the market trends, the demand and supply, and the economic indicators that...
Potential benefits of investing in real estate in 2024: Hedge against inflation: Real estate, particularly tangible assets like land and buildings, is historically considered a hedge against inflation. As the cost of living rises, so can the value of your property, potentially protecting your investment.
Yes, foreigners can absolutely invest in Kenyan real estate. In fact, Kenya actively encourages foreign direct investment (FDI) in the sector, offering various incentives to make it attractive. Types of ownership: Freehold: This applies only to Kenyan citizens or companies wholly owned by Kenyans. Leasehold: Foreigne
The best areas for property investment in Nairobi depend on your goals and budget. Here's a breakdown of some popular options: Karen: This upscale neighborhood offers large homes with beautiful gardens and views. It's popular with expats and wealthy Kenyans, making it ideal for luxury property investment. Kileleshwa: A long-established...
Advanced Cons in Real Estate to Watch Out For While the real estate market can offer lucrative opportunities, it also attracts individuals who prey on unsuspecting buyers, sellers, and investors. Here are some advanced cons you should be aware of: 1. Bait-and-Switch: This tactic involves advertising a property at an...
Apartment blocks are rising in the Kenyan Market Every day. With land space reducing every day and the prices of the available prime lands being exaggerated many young Kenyans are opting to buy apartments for their young families. This is a great investment as you can always rent the apartment...
Zigho.com's innovative approach to the real estate industry is truly a game changer for the Kenyan market. The company's founders recognized the need for a more streamlined and convenient way for people to buy and sell properties and set out to create a solution that met this need.
Zigho.com is a real estate marketplace company based in Kenya. It was founded in 2018 to make buying and selling properties in Kenya easier for people. The company provides an online platform where users can search for properties, compare prices, and contact sellers directly.
1.) Find a registered real estate agent licensed to operate in your town or area of interest. It is advisable to look for a reputable agent that specializes in buying and selling homes, although agents with backgrounds in construction management can be of assistance too.
Affordable prime land in Kenya suitable for residential, commercial, and agricultural purposes are found in satellite towns around major cities. When searching for cheap land, towns such as Kitengela, Ngong, Kamulu and Konza are good places to begin. Upcoming road networks in some rural towns such as Kilifi and Kericho...
The majority of people's ideal future involves being homeowners. But it comes at a cost. Mortgages are the most prevalent way to purchase a home worldwide, even when other real estate finance choices are available. However, Kenyans continue to be cautious of mortgages, and the uptake of mortgages in Kenya...
Performing routine maintenance on a rental property is an effective way to shield it from the potential for harm caused by tenants. However, landlords face a challenging and time-consuming duty in the management of rental properties.