6 Things You need to know about property for Sale in Kenya
Buying property in Kenya is one of the most important decisions ever. It’s an exciting experience and can be stressful if you don’t know the sale process. But it will be a swift encounter if you have a clue on what to expect.
Learn more about the property for sale in Kenya here!
Why You Should Consider Buying Property in Kenya
Real estate in Kenya has grown significantly over the years, and it’s one of the best investments you could venture in. Kenya is a beautiful country with varying climates and landscapes. You can opt to buy a house in the city suburbs, on the coast or in the countryside and enjoy the beautiful scenery and wildlife.
Different types of properties for sale in Kenya.
The real estate industry has and is still growing significantly, adopting new styles and designs. You can find any house you desire. You can find the following popular homes: contemporary, maisonette, villas, condos, townhomes, or apartments.
The buying process starts with determining the type of house you want, neighbourhood, amenities, and setting your budget. It’s advisable to do good research on the community you are interested in moving into and, if possible, visit it severally at different times.
The buying process is better when you plan how you will go when house hunting.
Determine Your Financing Options
What are your financing options? You can opt to pay cash from your savings through crowdfunding or a mortgage.
Cash Payment: You have probably been saving over time, and purchasing a property is a good investment from your savings.
Mortgage: A mortgage is one of the easiest ways to purchase property in Kenya. It’s available to both citizens and foreigners at various financial institutions. Get a mortgage plan that works best for you. It’s advisable to have a written plan from your mortgage partner.
Crowdfunding: Some people pull money together and buy of them a house. It’s an excellent way to homeownership and does not require you to pay interest.
The Legalities of Buying a Property in Kenya
There are some legalities you need to follow while buying a house, like doing some title search, learning the land rates you may have to pay, signing the sale agreement, and changing of title name from the seller to yours, which may require a real estate lawyer and real estate agent.
Find a Registered Real Estate Agent.
Get a registered real estate agent to assist you with your inquiry. Agents have a vast network and explicit knowledge of the houses listed by various sellers.
An excellent real estate agent will ask the right questions like the type of house you are looking for, preferred area, and budget to get a clear picture of your dream home.
The right agent will give you precise details of the house and walk you through the process of viewing various properties, sending an offer, purchasing the home and paperwork, and answering any questions you may have.
It’s essential to do a title survey of the property you intend to buy before making your payments.
Buying a property in Kenya can be a great investment opportunity. There are many benefits to owning property overseas, including tax advantages, lower costs, and access to different cultures.
We offer a fast, hassle-free process to find properties for sale in Kenya, with numerous listings on our website. We also provide excellent services to clients who need to sell or rent their homes quickly.
Call us now for a free consultation.