Abacus Wealth Management

Own Land in Nairobi for as Little as KES 54,000

It is everyone’s dream to one day own a piece of land somewhere and as land prices increase, such dreams slowly die. Well, you can still hold on to your dreams of owning land in Nairobi, better still, at a fraction of the price.

I stumbled on this interesting sectional land ownership plan by a4Architect.com.

Sectional Ownership method entails 2 or 3 people pooling resources together to enable them share 1/8th acre of land for home ownership or investment purpose.

How the system works:

Why 1/8th acre

The minimum requirement for land title is 1/8th acre, owning less than this size is not possible through land title systems.

Why register as a company?

It is cheaper buying 1/8th acre as a group of 2 or 3 but due to legal formalities, you will be required to buy it as a registered company with shareholders having claim over the land.

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So, what’s your take on this?

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