Tuesday, March 10, 2015

Get a plot in Riat estate and get to explore various investment opportunities in land for sale in Kisumu



Riat estate in Kisumu is situated beside Mamboleo, down the Kisumu-Kakamega highway. It's actually a hilly estate with a great potential for just about any form of investment that a person may want to do. It is an area that any serious investor aiming to invest in land for sale in Kisumu cannot just miss. The area has quite a unique versatility in that it can support various investment ventures namely; agriculture, hotel business, hostels, business complexes, villas and in addition to the whole thing, it is one of the best areas to build a personal home. Riat estate is increasingly boasting of a new kind of neighbors, mostly characterized by wealthy individuals and real estate property investors with a vision for affluent urban living designs.
The hotel business is primarily very suitable in this region considering its quietness, serenity and its magnificent view. With well-developed hotels within the region, like Ukweli resort already doing well, the region is basically a promising site for the hotel business. Most people looking for hotel services usually seek the out of town setting and that really is exactly what Riat hills entail. The picturesque view of the estate only serves to boost its capacity and credential to sufficiently host and accommodate the hotel industry.
The region is likewise ideal for construction of villas, cottages or even holiday homes. The setting of Riat hills can provide for a good day or two holidays or perhaps even a family outing. Serious property developers with good money to enlarge them can venture into this fresh concept that is yet to be fully utilized. Already, a Swedish real estate property developer, Coromandele Investment Limited has set pace within the area for this manner of investment with a with plans to put up luxury Swedish designed villas to be known as Hills villas.
Homes Africa, a listed real estate firm is likewise planning to build a gated community in the same area on a 72-acre part of land most of which it’s still selling to buyers wishing to build holiday homes. The business of villas and holiday homes is slowly picking up in Riat and it’s just a matter of time before it reaches its peak. Therefore a wise investor should rush for a piece of this part of land for sale in Kisumu in anticipation for the expected boom in business sooner or later.
Rental apartments are as well viable venture within the Riat hills. With more affluent people pushing into the neighborhood, there is bound to be a need for rental units for the high income earners who are still not able to build their personal homes. Already, some real estate property developers have moved in and constructed units to accommodate such clients. A good example is the Victoria hills apartments, which is a gated community, inclusive of 24 units.
The increased population in the area will create a requirement for shopping complex, thus the requirement for commercial buildings.

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