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West Kenya Real Estate is a premier real estate marketing agency based in Kisumu and serve other counties in west Kenya region, kisumu real estate.Kisumu Real Estate, Real Estate Developer Kisumu, Property Developer Kisumu
Monday, February 23, 2015
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Tuesday, February 17, 2015
What makes Kenya real estates best suited for investment?
Kenya has been and still remains amongst the best places in
East Africa plus in Africa as a whole for investment. The Country goes on to
attract foreign investors considering its fertile lands and also other viable
opportunities. Kenya real estates sector just recently left a mark as among of
the most attractive investment opportunities in Kenya catching the attention of
both local and foreign investors.
Lots of factors are the reason for the Country’s economic
and real estate standing. Highlighted below are a number of the attributes that
make Kenya being noticeable in relation to investment and economic development;
Enhanced security- Security is one of the things which any
business person should have guarantee on before embarking on an investment
venture. This is because when there’s an outburst of robbery attacks for
instance, the target is often businesses. Fortunately, Kenya real estates have
always worked hard alongside the concerned stakeholders so that they can
enhance security, for better and smooth operation of their investors’
businesses.
Improved infrastructure- Investors always prefer setting up
businesses in places that are easily accessible for through so, they are able
to reach their clients with much ease. Improvement of infrastructure in Kenya
has always been in process and this has always given a green light to investors
that entire infrastructure is a thing being worked tirelessly on.
Availability of land and commercial premises at fair prices-
Kenya real estates always ensure that they give their properties and land to
their investors at reasonable prices. It is mainly to pull them to put their
money in the sector. This, for a very long time has enabled them work so well
with their investors as a result of the good and established rapport. Due to
this, numerous investors are always recorded yearly to have invested in the
real estate sector.
Support from the national government- The complete support
made available by the government of Kenya has immensely helped the buildup of
real estate industry in Kenya. The support is in various ways including
improvement of infrastructure so as to enable easy transportation of goods all
over the country and within the country. Another different way can also be by
enhancing security and also by leasing out lands to be rented by the investors
at lesser costs. Apart from the support given by the government, the sector has
as well received support from the citizens, who have always provided support such
as giving themselves for just any kind of services needed by the investors,
helping in beefing up security among several other supports.
Flood of investors- here’s another point to take into
account that makes real estate rank top in the list of top ranked sectors. It’s
the continuous flow of investors who are putting up businesses in the nation.
The large number of investors coming in for businesses in the nation is leading
to numerous developments, hence making the sector record the high profits.
These generally are some of the characteristics
that led to the highest ranking of Kenya real estates plus the consequent
inflow of more investors.
Monday, February 16, 2015
Kisumu Real Estate Leading From The Front In Economic Development
Real estate
sector has taken an upward rise in Kisumu over the recent past closely
paralleling and at times surpassing major economic drivers like agriculture.
This is because with real estate, you can be assured of appreciation and
continued growth of your investment even in times when the economy is on the
low. Some places present better investment opportunities than other places,
Kisumu being one of them. Places like Nairobi previously dominated the real
estate industry but now real estate Kisumu is now giving major towns a run for
their money in terms of economic growth. In fact prices of land and property in
Kisumu are rising at such a rate that owners are seeing their investments doubling
or tripling in value after every three years, and this trend is set to continue
going by the current statistics. This has significantly grabbed the attention
of investors into the Kisumu real estate industry and more investors have been
recorded streaming into the County annually.
Kisumu
County has room for all classes of people, from low class to middle class and
even the upper class. Riat estate which is situated on top of mamboleo hills
presents a perfect opportunity for high end investors looking to have the view
of the lake. It is also among the best places to build a mansion. For middle
class members of the society there are several estates like Lolwe and Tom mboya
which can accommodate them.
Infrastructural
development is another reason why Kisumu real estate has gained popularity over
the years to become one of the most sought after places for investment. There
are various means of transport like road transport, rail transport, air and
even water transport. Accessibility is very important when looking to buy land
in any part of the country. Kisumu also boasts of very strong phone signals
making communication efficient in the area.
With the
tourism sector up on its feet within the region, this presents a great
opportunity to invest in other areas that can be supported by tourism
activities. Such ventures include the transport sector (cabs), hotel sector and
even real estate itself.
The rising
population in Kisumu offers both man power as well as a market for investment
in farming. The locals offer labor services at a very cheap rate. The farm
produce can be sold to the locals. This has helped to attract investors with
ambitions of large scale farming.
Kisumu is a
town which is yet to fully reach its potential, that is to say it is still
growing meaning there is still a lot to be done in terms of investment. There
is the fishing industry which is not being fully utilized. There is need to
expand the fishing sector and export more fish abroad to bring in more money
for investors as well as government revenue.
With these factors at play, Kisumu real estate
sector can only get better and more is yet to come out of this beautiful
lakeside town.
Thursday, February 12, 2015
Why you should invest in Kenya real estate now and not any later
Are
you an investor looking for where to carry out investment and you do not know
where to do this? Look no further as Kenya real estate brings you all that you
want at your disposal.
Kenya,
to start with, is a country with very many opportunities that you can grab and
work with. The vast investment opportunities include commercial, which I
largely want to talk about as well as the residential projects.
However,
if you want to invest in real estate in Kenya then it just has to be now and
not any later date since the later date will not be favorable at all,
especially in its pricing. In Kenya’s capital, Nairobi for example, lands and
properties are sold at a very exorbitant price. For instance, a 1 acre land
could sell at Ksh 30 Million in 2007 while today, the same acre goes at Ksh 500
Million. This just shows how the property value is quickly rising, especially
in the big cities such as Nairobi and its environs.
It
is evident that land is very fast becoming unaffordable for most Kenyans who
are probably hoping to own a home close to their workplaces. This is seen as
most of them work in the central business district, where the price of the land
is high. And with the current pricing, it is only a few individuals, who maybe
have good money who can afford the prime land just to put up residence.
Still
about Nairobi, the cost of living is also high as a result of the increase of
the price of a number of things. This can however not be compared to how it
will be some few years coming since it will have shifted to a higher level. Investing
in Kenya real estate now will help you be able to trade and save much more as
compared to investing in some few years coming when the cost of acquiring a property
will have increased big time.
The
same also applies here in Kisumu. It is no different from the way it is in
other cities. Kisumu will soon be just like Nairobi. Look at things such as the
24hr operational Supermarkets, the busy markets, the international airport, the
expansion of roads, not forgetting the plans to revive some of the industries
that had collapsed such as KICOMI as well as introducing to the market many
others.
These
will of course provide job opportunities for the locals. At the same time it
will lead to the rise in the cost of some essential things such as rental
houses, lands as well as services from healthcare facilities and others.
An
example of some of the things whose prices will definitely rise is land. An
acre of land in estates like Nyamasaria, Riat, Lolwe, Kenya Re, Nyalenda,
Kibos, Migosi, Lumumba, Obama and Mamboleo currently goes at roughly Ksh 3-4
Million. This in say like 4 years to come will have risen to around Ksh 50
Million. It is therefore advisable that an investor starts investing in Kenya
real estate as early as now, so as to enjoy the bountiful benefits in the
coming years.
Reasons why investing in land for sale in Kenya is lucrative
Investing in land for sale in Kenya is very
lucrative. That probably could be the reason why there are so many investors putting
their businesses in Kenya today.
Now, there are lots of investments going on
in Kenya grouped under the commercial investment and the residential investment.
Now of the two, people tend to venture so much into the commercial one because
it’s profit making, considering that it is mostly carried out in the central
business district, where business activities is the order of the day.
An example of such investment opportunities
going on in Kenya is the real estate business. In Nairobi for example, a one
acre plot of land which used to go at Ksh 30 Million in 2007 is today going at
Ksh 170 Million. This shows just how fast the prices of land are increasing. A
person can purchase a piece of land for sale in Kenya then sell it at a future
date at an increased price, given the fact that land appreciates.
Apart from the land itself, one can decide to
set up a business at the central business district, which he can be sure to
reap lots of cash. Among the key businesses that one can do in the central
business district include putting up buildings which will serve as business
premises, office spaces as well as accommodation facilities. With office space
for instances, an investor can be sure to earn lots of cash, considering the
fact that most business and jobs are operated in the city centers. This is
typical of the major towns in Kenya, top ones being Nairobi, Kisumu, Mombasa, Eldoret,
Nakuru and Thika and several other towns in the country.
Besides these, there are also plots of land
for sale in Kenya which can be used to set up things like industries. Such like
towns include Kisumu, Kakamega Homabay and many others. In Kisumu for example,
there are certain industries which can be resuscitated. Such like industries
include one Kisumu Cotton Mills, (KICOMI) a textile industry which collapsed as
a result of the introduction of the second hand clothes, commonly known as Mitumba into the market. At the moment,
the county government is looking into ways in which such like companies can be
brought back to life. They’re at the same time calling onto investors to take
up the challenge and put up businesses in the city, as a way of encouraging
investments. One other thing that can also be done in Kisumu is the
establishment of the fish processing plant, Kisumu being a fishing hub.
This can help in the preservation as well as
in the value addition of the fish, which is normally also exported to outside
countries, some of them being the European countries which are considered the
number one consumer of the two major species of fish produced by Lake Victoria,
namely Nile perch and Tilapia. This is also common with regions such as Bondo
in Siaya County, Miuru Bay and Homabay among other places.
This just tells how lucrative it is to invest
in land for sale in Kenya, as you’ll be able to earn yourself some good cash.
Types of investments that can be carried out in kisumu land for sale
There are various types of businesses that can
be carried out in Kisumu land for sale. Being a cosmopolitan city, Kisumu
presents so many investment opportunities that investors can grab and work
with. Some of these investment opportunities are commercial, some are
residential while some people also prefer investing in farming.
Now, listed below are some of the investments
that you can do;
Fishing
Kisumu, commonly known as Kisumu pacho is a city situated on the lakeside part of the country
of Kenya. The city is normally known for being a fishing hub. Kisumu and other
places like Homabay, Bondo among other places are among the places that produce
large quantities of both Nile perch and Tilapia, commonly known as Mbuta and Ngege respectively, which is exported to foreign countries such
Europe, which actually is the highest consumer of fish from Lake Victoria. Now,
an investor can invest in such a business of fishing and not only use it as subsistence
fishing but also export the fish to other countries and earn much cash out of
this. This is even made more possible by the availability of the International
Airport, which makes the transportation easy, safe and even fast.
Still with this, an investor can come up with a
fish processing plant, purposely to preserve fish, to avoid the frequent cases
of fish spoiling before long.
Horticulture
This is another thing that can do well in the
Kisumu land for sale. An investor can acquire this land and cultivate some of
the horticultural crops such as fruits, vegetables, flowers and some of the
non-food crops such as grass and ornamental trees and plants. Being highly
perishable goods, they can take advantage of the Kisumu International Airport
to export the crops to other countries.
Hospitality industry
Kisumu is a city with a number of tourism sites.
As a result of these, there are always so many visitors both from within and
also from other foreign countries. In this case, stakeholders can come up with more
of 5 star hotels in the city with all the socio-economic amenities such as
schools, roads, financial institutions, and hospitals next to work places.
Tourists will then get services in one way or another from these socio-economic
amenities.
Automobile assemblies
In a number of occasions I’ve heard enquiries
being made in the Kisumu land for sale. The enquiries have always been in pursuit
of spacious places where cars can be paraded for sale. There are certain
investors from countries such as Japan, China and India who are always on the
lookout for such places to open up such automobile assembly businesses.
These countries, always known for their
specialization in the automobile industries, have identified markets for
investment here in Kisumu, which as a result, leads to immense growth in the
city.
Purchase land in Kisumu in Nyamasaria and put up investments
Everybody else has today moved
to operating businesses, abandoning and quitting their careers. This is because
of how businesses have become so lucrative and so productive, irrespective of
the challenges that they face here and there.
Today, investors both from
within and even those from the foreign countries are flooding land in Kisumu in Nyamasaria for purposes of investment opportunities that are vast in that area.
Now, Nyamasaria is a place
that was initially kind of a village, where everything, including the
settlements was informal. It is the idea to expand the city that Nyamasaria
benefitted from, and is today a part of the city. Due to this, a lot of
developmental projects have been taking place in the area. Such developments
range from the establishments of malls, construction of roads, and expansion of
markets and so on. For instance, today there’s the big Dubai Complex shopping
mall which is second to none in the entire Nyamasaria. The mall, which
comprises of restaurant known as Royal City, the Ukwala Supermarket, beauty
shops and cosmetics, boutiques, swimming pools clubs as well as accommodation
facilities. Apart from the shopping mall there’s also the Kisumu-Nairobi road
which is now in a very good condition, making transport easy and efficient.
Why should you purchase land in Kisumu in Nyamasaria to put up
investments?
Like I mentioned, land in
Kisumu in Nyamasaria is very rich for commercial investments.
There are a number of
reasons why you can purchase this land and put up investments. Such reasons
include;
·
Good road network
Nyamasaria is located off Kisumu–Nairobi road. Anyone keen on
doing business would see it as a rich place for investments. The roads
connecting to Nyamasaria are in good conditions as a number of them are still
under repair. With this, an investor can do businesses not only in Nyamasaria
but also out of the town because of the good road network that leads to
efficiency in terms of transport.
·
Security
It is well known to us that nothing productive can ever do well in
insecure places. Likewise, investors also fear operating their businesses in
places that are insecure due to the fear of being attacked. Nyamasaria however has
a number of police posts, all of which have worked hard to ensure that security
is looked into. This is something that even the locals have had a hand in. They
have joined hands together to fight crime by reporting every single thing that
looks like can infringe their security. Because of this, many businesses have
been opened up in Nyamasaria and are all doing well.
·
None volatile
Just as I said, Nyamasaria used to be a village before the idea of
expanding the city came. Even after the expansion, only a section of it was
moved to be part of urban, while the better of it remained rural where much
concentration is on the economic activities. Ever since, it has always proved
to be a non volatile environment. This is actually one of the things that attract
investors to land in Kisumu in Nyamasaria.
This, I am so sure gives
you a good reason to go ahead and purchase land in Kisumu in Nyamasaria and
start investing now.
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