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 just beside Mamboleo, in the area of the Kisumu-Kakamega highway. It's a hilly estate with a great potential for any kind of investment that one may want to do. This is an area that any serious investor aiming to spend on land for sale in Kisumu cannot just ignore. The area has a unique versatility as it can support various investment ventures namely; agriculture, hotel business, hostels, business complexes, villas and besides all these, it is one of the best sites to build up a personal home. Riat estate is increasingly boasting of a new kind of neighbors, mostly being inclusive of moneyed individuals and real estate investors with a vision for affluent urban living designs.
The hotel business is particularly very suitable in this region considering its quietness, serenity plus its magnificent view. With well-developed hotels within the region, like Ukweli resort already showing good results, the region is a promising site for hotel business. Most people in search of hotel services usually seek the out of town setting that is just 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 area is likewise perfect for construction of villas, cottages or maybe even holiday homes. The setting of Riat hills offers for a good weekend getaway or just a family outing. Serious property developers with good money to escalate them can venture into this fresh idea that is yet to get fully utilized. Already, a Swedish real estate property developer, Coromandele Investment Limited has set pace within the area for this type of investment with plans to set up luxury Swedish designed villas to be known as Hills villas.
Homes Africa, a listed real estate property firm is likewise planning to develop gated community within 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 venture of villas and holiday homes is slowly picking up in Riat and it’s just a bit of time before it reaches its peak. Therefore a wise investor should rush for a portion of this part of land for sale in Kisumu in anticipation for the expected boom in business sooner or later.
Rental apartments are likewise viable ventures within the Riat hills. Having more affluent people pushing into the neighborhood, there's likely going to be a requirement for rental units for high income earners that are still not ready to build their own homes. Already, some real estate property developers have moved in and constructed units to accommodate such clients. An example happens to be the Victoria hills apartments which is a gated community being made of 24 units.
The higher population in the area will create a need for a shopping complex, thus the demand for commercial buildings.

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