A property sale is a very sensitive transaction which should be approached with a lot of caution. Many have been tricked into losing their money while buying a piece of property that had been previously sold to someone else. So is a lawyer necessary? One is…
What if you could get a loan for a house, pay the loan as you construct, finish the ground floor, move and then take another loan facility to complete the next floor and so on?
At most times, estate agents are the-to-go guys when it comes to searching for that ideal piece of land or property. All you have to do is describe what you want and where you’d want it to be, and they’ll hook you up with one. Though there’s one…
Location determines so many things when it comes to buying land. Example: Accessibility to your place of work, your school or children’s school, accessibility to basic amenities, good road network and a host of many things. It makes no sense having your place of work in Thika and…
After announcing that it will be lowering its lending rates to 22% from 24%, Kenya Commercial Bank through its mortgage division S&L will be dropping the mortgage rates too, effective June 1st. During Kenya Commercial Bank’s Annual General Meeting on Friday 18th, group chief executive Martin Oduor-Otieno said the Bank…
The latest Hass Index report on neighbourhood rents and property prices at the end of 2011 revealed Eastlands as an upcoming investment area as land and property prices appreciated in value. This is in sharp contrast to upmarket areas that are experiencing a decline in both rental prices…
Spend KES 500,000 for a week at the coast or KES 1.3 million to buy a luxury home at the coast. Enter fractional ownership.
For a fraction of the cost, you can now get a piece of the luxury home action.
The state has been playing a back bench role in provision and development of new housing units. Investors in private sector have taken over development of housing units even at times when statistics show large housing unit deficits, a thing the state should be concerned about. It is estimated that…