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.