Embarking on a joint investment journey as a couple requires careful consideration and thoughtful planning to ensure shared financial success. Before diving into the world of investments together, couples should navigate crucial steps that lay the foundation for a harmonious and informed approach. From open communication about financial goals to assessing individual risk tolerances and establishing a solid understanding of investment options, these initial steps not only fortify the financial partnership but also pave the way for a resilient and mutually beneficial investment strategy. In this ..read more

Are you a foreign investor eyeing the vibrant Kenyan real estate market? The good news is that the door is open for you to own land in this East African gem. With the constitutional changes in 2010, non-Kenyan citizens can now tap into the growth of the real estate sector, ranging from holiday homes to commercial facilities. Here’s your comprehensive guide to owning land as a foreigner in Kenya. Understanding Types of Land Ownership for Foreigners Kenyan law allows foreigners to own land on a leasehold basis for up to 99 years. Whether you’re an individual, a company, or a trust, you have vari ..read more

Buying property is a big financial decision, regardless of whether it’s developed estate or undeveloped acreage. It is essential to involve a professional lawyer in land transactions due to their complexity and the increasing number of fraud charges related to them. In-depth discussions of the three phases of a land transaction in Kenya—the pre-contractual, contractual, and transfer of land stages—will be covered here. The Pre-contractual Stage or Negotiation Stage Negotiating Purchase Price A lawyer assists in negotiating the property’s purchase price by engaging a land valuer to ensure fai ..read more

In Kenya, a leasehold property is one where the owner holds the land for a specific period, typically 99 or 999 years. The leaseholder has the right to use, lease, or sell the property within the lease period. It is essential to verify the remaining lease term before purchasing. Leasehold properties may have conditions and restrictions outlined in the leasehold agreement, such as land use limitations or requirements for property maintenance. Buyers should thoroughly review these terms and understand their implications. Leasehold titles are registered with the government, providing legal recogn ..read more

Stamp duty is a charge levied by the government of Kenya on legal papers, typically in the transfer of assets or property. Stamp duties, sometimes known as stamp taxes, are imposed by the Kenyan government on documents necessary to legally record certain sorts of transactions. Who is the collector of stamp duty? Kenya Revenue Authority (KRA) is mandated to collect stamp duty in Kenya under Section 2 of the Stamp Duty Act (Cap 480). Who pays for stamp duty? The Kenyan government imposes a stamp duty on property purchases, calculated according to the property’s current valuation. The rate is 4 ..read more

Land zoning in Kenya refers to the process of dividing land into different zones or categories for various purposes, such as residential, commercial, industrial, agricultural, and conservation. Zoning is an important component of urban and rural planning to regulate land use and development in a manner that promotes efficient land utilization and sustainable development. It helps manage the growth of cities and towns, as well as protect natural resources and the environment. In Kenya, land zoning is primarily governed by the Physical Planning Act of 1996, which provides for the preparation and ..read more

Real estate is often perceived as a domain for seasoned professionals, making it difficult for the younger generation to believe that they can participate in real estate investments and view it as something only successful adults can do. However, the real estate industry is increasingly becoming a gateway to the empowerment of today’s youth. The intersection of technology, changing lifestyles, and a growing need for sustainable income sources have made real estate a powerful tool for fostering youth empowerment. How has real estate paved the way for financial independence and personal growth a ..read more

“The best investment on earth is earth”, says Louis Glickman. Real estate is an investment that provides substantial income as it continually grows in value. Purchasing land is a significant decision for first-time buyers, and here is a comprehensive guide through the process of buying land in Kenya. Below are the essential steps and factors involved in purchasing land, recognizing its enduring value and potential as an investment for the future. 1.Define your investment goals Defining your investment goals is the critical first step in the land-buying journey. Consider your preferred location ..read more

The impact of technology on the real estate industry has been nothing short of transformative. Over the past few decades, technological advancements have revolutionized how we buy, sell, manage, and develop properties. From the rise of online listings and virtual property tours to social media marketing and predictive analytics for market insights, technology has improved efficiency, opened up new possibilities, and transformed the way real estate professionals and consumers interact with the market. In this article, we will explore technology’s profound and multifaceted effects on the real es ..read more

Investing in real estate in Kenya can be a profitable venture with careful consideration of the rights factor. It has long been regarded as a time-tested and dependable strategy that rarely leads to regret. Whether you are a seasoned investor or a newcomer to the world of financial planning, the allure of land investment is undeniable. In this article, we will delve into the advantages and elucidate why you can never go wrong with land investments, making them a cornerstone of a well-rounded investment portfolio. Land is an appreciating asset Land investing is a wise strategic move that invest ..read more