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Photography of a raw land in Kenya. |
Do most people in Kenya prefer to invest in Land? Of course yes! Land or real estate at large is one of the greatest investment we have here in Kenya. You want to find out how and why? This article will answer all your questions concerning importance of land investment. In comparison to other investments we have in our country, land investment/Real estate investment stands out.
1. Land appreciates fast.
Unlike other commodities, land's value keeps appreciating with time. Here in Kenya for example, when you compare the price of land you bought five years ago, the same size of land today has relatively appreciated in terms of value and price. Being a scarce commodity in Kenya, land is treated as precious as gold. Owning that piece of land is indeed a privilege.
In addition, If you conduct your due diligence correctly and make sure that the piece of land is in a path of growth, you might end up making as much profit as five times the original price you used to purchase your land with. Perhaps it could even be more than that! Isn't it an amazing kind of investment?
2. Land transaction can be done virtually.
With convenience in Technology, it is very possible to carry out land transaction
online in Kenya. Indeed, this has minimized the struggle of walking from one Government office to another in order to carry out the legal land transaction.
You need not to be physically present during the transactions. Rather, you can only attend site visits, open days to get a feel of what you have invested in, get to know the exact physical location and confirm whether the value added are already in position.3. Land is great to hold long terms.
Land is the smart long term hold in the sense that, it allows you to win the benefits of rising values. It is especially when you purchase land in areas that is due to expand and grow rapidly. We as the Baoriat Agencies can help you achieve this without struggling. 4. Land grants you freedom.
Who doesn't want freedom? Land gives you the opportunity to be creative, innovative and mold property whichever way you'd want. There are endless opportunities you can indulge in provided you own a piece of land. You can either hold it for a lifetime and leave it as part of an inheritance. You can purchase land and then build your dream home! Also, you could lease the property and still make good cash. Also see How to make money out of your vacant land.
5. Land gives you peace of mind.
The immobility nature of land just assures you of peace of mind. It is like a "golden child" of investment. It can’t be stolen. Neither, no extra effort is required from you. There is absolutely nothing to protect, maintain, or renovate. In its natural state, land will always be worth something.The key component to land investment is to buy a property that can have something done to it one day for instance cultivating it or rather constructing a house.
6. Land is a tangible resource.
Shares and stocks are likely to disappear. On the contrary, Land cannot vanish. Currency and monetary value may change. Nevertheless, land ownership does not. Precisely, the value of the land will never be distorted regardless.
In consummation, Land is indeed the greatest investment that presents you with a pool of opportunities.
Raw land is an overtime booming investment owing to the ever-rising population thus the demand for where to settle. Land investment is not only just for the rich and the famous. Anyone can invest in land regardless of their social status. In Baoriat Agencies, we help our clients find and buy land at a very affordable price.Find Property in Uasin Gishu County
Baoriat Agencies
Call: +254 721-554-937
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