If you were to search “Are cats better than dogs?” in Google, all you would get are sites listing the reasons why cats are better.
#RealestateinvestmentinKenya
Have you heard of a project called Unity One? Unity One is an exclusive chic estate of contemporary one-bedroom apartments sitting on 11 acres at the heart of Tatu City, Kiambu. The cool balconies, glass railings and floor-to-ceiling double-leaf doors make most of the homes’ spectacular panoramic views to the park and the community’s expansive outdoor amenities which are close by. Each apartment...
The past Recently I met a 50 something-year-old lady who has been living in Ruiru since the year 2000. This is her story in brief. Let's call her Mary. Mary, then in her early 30s bought two 1/4 acre plots in Ruiru in the year 2000 for Kshs 60,000 each. The following year, she sold one plot for Kshs 80,000 making a 33% profit. She then managed to buy several more plots in the area. It was a coffee...
A right/competitive price can be achieved when the developer gets funding using cheap money borrowed from the Government, pension funds, or foreign banks and extends the same discount to the buyers. Another cheap source of money is off-plan sales. If one developer gets a loan at say 4% and another at say 14% and they both want a 20% profit, then one developer will have to sell his property at a 24%...
I have lived and worked in Botswana. I have been in your shoes and I know where it pinches. Investing in Real Estate is not easy for anyone. It’s not like buying shares or Government bonds. Investing when away can pose an additional challenge. Experiencing the product Before you buy a shoe or a shirt, the normal thing is to try them on to see if they fit. Buying real estate is not any...
Recently a friend told me about some affordable plots in the greater Ruiru area, about 1km from Thika superhighway and near Ruiru Sports club. What caught my attention is the price of the plots at Kshs 800,000 per plot. These are about 9,000 plots in a gated estate that have been released into the market in the recent past. The estate has some "beach plots" I have also learned about more residential...
"Sometimes people don't really know how to assess their future needs"Charlotte Dougherty. Certified financial planner. Have you been thinking, either actively or passively, about retirement? Would you like a few real estate suggestions to be better prepared for the next phase? Retirement is the “last phase” of your life.Valuer Kariùki, MRICS Follow your dreams Do you dream of...
I asked this question on Facebook and it elicited a lot of reactions. In case you haven’t seen the question, here it is; If you are a single woman and you buy or build a house, then you get married, would you allow your new husband to move into your house? Why or why not? After a very successful debate, I feel like “addressing the nation” in my capacity as a valuer and real estate...