Real estate encompasses a wide range of property types, each offering unique characteristics and opportunities. Understanding these different types is crucial for investors, homebuyers, and professionals in the industry. This comprehensive guide explores the various property types in real estate, helping you make informed decisions based on your needs and goals. Residential Property Residential properties are designed primarily for living purposes. They range from single-family homes to multi-family dwellings like apartments and condominiums. These properties provide a personal space that ca ..read more

In the ever-evolving landscape of real estate, one trend stands out prominently – the resurgence of mixed-use properties. These dynamic spaces offer the perfect fusion of convenience and lifestyle, bringing together the elements of living, working, and shopping seamlessly. At the forefront of this movement is Covo Arboretum, an exceptional development that embodies the essence of modern urban living. The Evolution of Mixed-Use Properties Mixed-use properties are not a new concept. Historically, urban centers featured a blend of residential and commercial spaces within the same vicinity. Howeve ..read more

One size does not fit all in the world of finance. Every person has different financial hopes, dreams, and goals. Whether it’s purchasing a home, funding a child’s education, or retiring comfortably, these objectives frequently call for a well-thought-out strategy.  Goal-based investing can help in this situation. With this method of investing, your life goals—rather than simply collecting wealth—become the primary focus. We will discuss what goal-based investing is and how it operates in this blog. What is Goal-Based Investing? Goal-based investing is a personalized approach to managing ..read more

The sharing economy has completely transformed how people visit new places and travel.  The Airbnb industry has grown significantly in Kenya, offering holidaymakers distinctive lodging alternatives and giving locals a chance to profit from their properties. Understanding Kenya’s Airbnb market is essential for a fruitful and satisfying experience, whether you’re a prospective host or an excited guest. In this article, we’ll look at the key aspects of Kenya’s Airbnb industry while offering advice for navigating this thrilling venture. Property Preparation and Presentation Your property’s pr ..read more

Understanding the value of a property is critical in real estate. Property valuation gives you an accurate estimate of your property’s value, which can have a significant impact on many aspects of your financial life.  In this post, we will look at the advantages of property valuation and explain why it is so important for homeowners, investors, and anyone else involved in the real estate market. Setting the Right Asking Price:  Setting the right asking price is critical if you plan to sell your property. Overpricing can turn off potential buyers, while underpricing means you’re losi ..read more

Investing in property can be a profitable venture, presenting opportunities for financial growth and long-term wealth. However, it is critical to proceed with caution when investing in real estate and avoid common pitfalls that can derail your success.  In this blog, we’ll look at some of the most common mistakes made by real estate investors and discuss how to avoid them. Understanding these pitfalls and learning from others’ experiences can help you make better investment decisions and maximize your returns in the real estate market. Lack of Research and Planning: One of the most common ..read more

The Kenya Treasury Cabinet Secretary presented the Finance Bill, 2023 (the Bill) to Parliament on April 28, 2023. Before the Bill becomes law, Parliament may solicit stakeholder and public input. The Bill aims to amend various tax and duty laws in order to increase government revenue from taxes collected. As reported by Habitat For Humanity, Kenya’s current housing demand is 250,000 units per year, with less than 50,000 units delivered each year.  To address the shortcoming, the government formally launched an Affordable Housing Program in December 2017, with the intention of delivering 5 ..read more

Investing in a multi-family property for rental income can be a wise financial decision with numerous advantages. Owning a multi-family property provides not only rental income, but also a hedge against inflation, tax advantages, and potential long-term appreciation. The rental income generated by a multi-family property is one of the most significant advantages of owning one. Owners can earn more money by renting out multiple units than they would by renting out a single-family home. Because there are multiple tenants paying rent each month, multi-family properties provide more consistent cas ..read more

In addition to being a source of pride, owning real estate in Kenya is a wise financial move. Kenya is attracting more investors looking for opportunities in the real estate sector thanks to its robust economy and stable political environment. We are going to explore the advantages of owning real estate in Kenya in this blog post, including investment opportunities, tax advantages, and lifestyle advantages. Investing Opportunities The investment opportunities that come with property ownership in Kenya are one of the main advantages. Kenyan real estate has grown steadily over the past decade, w ..read more

Home rental management can be a complex and difficult task, but it can also be rewarding with the right approach and tools. Here are some pointers for effective home rental management: Carefully screen tenants: Finding the right tenant is one of the most important aspects of home rental management. It is critical to thoroughly screen potential tenants before renting out your property. Checking their credit history, employment status, and rental history is one example. This information can help you assess whether a tenant is likely to be dependable, financially stable, and respectful of your pr ..read more