Real Estate Valuation, Sales and Research in Kenya

Advice

Innovative ways of negotiating for office space

A-grade buildings in Nairobi have an average of 2.2 parking bays per 100 metres square whereas B-grade buildings have an average of 1.5 parking bays per 100 metres square. Most of the A-grade office space is located in Westlands and Upper Hill. Innovative approach to leasing To book your wedding cake today, please call / Whatsapp Tajicakes on 0724 771009 Negotiate for revenue share rent as opposed to...

Capital Gains Tax in Kenya

What is a Capital Gain? A capital gain is the difference between the acquisition price and the selling price of anything including a capital item. It is the appreciation in the value of the item from the time it was bought to the time of selling it. Hence, a capital gain in a property is the difference between the selling price and the cost of the property. Actual cost of the property The cost of the...

Mexico promised affordable housing for all. Instead it created many rapidly decaying slums

A failed vision By RICHARD MAROSI | Veracruz, Mexico NOV. 26, 2017 Sixteen years ago, Mexico embarked on a monumental campaign to elevate living standards for its working-class masses. The government teamed with private developers to launch the largest residential construction boom in Latin American history. Global investors — the World Bank, big foundations, Wall Street firms — poured billions of...

Look for a plot while it rains

A commercial plot on sale. Note the fence is almost completely submerged in water. If you want to buy a plot, this is the best time to shop. You are likely to see it in its worst state and you can either avoid it completely or negotiate  for a handsome discount. The Land agents will not want you to see this. The cost of construction on a piece of land that is prone to flooding is normally very high....

Whose responsibility is it to take a mortgage? The man or the woman?

When it comes to long term investments like taking a 20 year mortgage, whose responsibility should it be? The man or the woman? The man because; He's the head of his family He is expected to provide a roof over his family's head. The woman because; She's an equal partner in the relationship. The Bible expects her to. “How hard it is to find a capable wife! She is worth far more than...

How you can make your construction more affordable

Affordable housing in Kenya is a reality This surprises even me, for I have often thought that owning a house is for the “other” class. Truth is, with a little homework, you too will discover that affordable housing in Kenya is real and within reach. Use of eco-blocks This technology is relatively new in the Kenyan market. As discussed in an earlier article (the eco-block), one needs an eco-block...

Advantages of buying a ready built house

You as the potential buyer are able to explore a range of options before settling on your house. Shopping around allows you to see the different designs, quality of finishing and so on before settling on a house to buy. You also don’t have the challenges encountered in getting approvals for the construction of your home. These include architectural and structural plans approvals and the environmental...

Building Green Homes

In this day and age, building green homes should be the only way to build our homes. This involves taking advantage of sustainable design to using green materials and even fixtures. As you embark on building your home consider the following: A few considerations in building green homes Size matters A smaller house means less building resources and lower running costs when living in it. Smaller houses...

Real Estate Investment Options and Considering the Pros and Cons

Real estate investment is one of the most popular investment options, other than stock and forex trading and investment. In fact, many high profile investors, and billionaires, and the market watchers are of the view that it is better and safe to invest in the real estate and the mortgage market. This is because, both stock and forex investments are much more complex, and involves risks at various...

She built her dream house on her neighbors’ land….

Yesterday I went to value a property in Nyahururu. As usual, I carried my tape measure, camera and a map of the parcel that I had gone to inspect. I didn’t carry my scale rule as I should, coz in the past I have not really had to use it in Nyahururu. After all , the smaller the luggage, the better for me since I was using public transport. When I arrived in Nyahururu town, I met with my client and we...

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