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What an Eldoret Tenant Considers When Looking For Rental House to Live In

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Real estate is one of the booming businesses in Eldoret town today. This is due to the rising demand for houses – especially rentals.

Eldoret being among the fastest growing towns in Kenya, with a population of over 475,000 people, as per the 2019 census, provides a ready market for rental houses.

A huge number of learning institutions within the town means demand for houses will always be on the rise, so if you want to invest, building rental houses should be top in your list of potential investment areas.

But what does a person in Eldoret look for when scouting for a rental house?

Road Network

This is a factor that cuts across the country. Everybody would like to live in a place with a good road network. For a town like Eldoret where rains are common, building residential houses in a muddy area will most likely be a turn off for tenants – so when looking for a place to invest, especially for rentals, be sure it has a good road network, preferably near a tarmacked or well-maintained road.

Proximity to CBD

People would always go for an estate which is a walking distance to town. For an Eldoret dweller, a distance where he/she can use less than 100/- per day on transport is ideal.

If you build your rentals in a place where a tenant will have to pay more than Sh100 daily for transport, or where one has to use matatu and motorbike before arriving at his/her house, you are likely to face a challenge when it comes to retention of tenants.


Availability of water

Many estates in Eldoret town face an acute water shortage – especially those that depend on the Eldoret Water and Sanitation Company (ELDOWAS). Aside from proximity to town and road network, a tenant in Eldoret will most often ask whether the house he/she is about to move to has a reliable supply of water.

To be on the safer side, always sink a borehole in your rentals on top of tapped water from ELDOWAS for an uninterrupted water supply to your tenants.

Security

Everybody would like to live in a secure environment where he/she is assured that his/her property is safe from burglary. At times, tenants have their own perception about a certain estate, which you as an investor cannot control, but one thing you can do is always budget to have a gate and a good wall around your rentals, this provides a kind of assurance to a tenant that he/she is safe.

So there you have it when you plan to invest in real estate, make sure you tick all the above to guarantee a quick return on your investment.

Baoriat Agencies is committed to helping you find the best place for you to settle/invest in Eldoret town. We walk you through the entire process of acquiring your own property in Eldoret until it has been transferred into your hands.

To learn more about buying a property in Eldoret, 

Call 0721-554937

WhatsApp  https://wa.me/0721-554937  

Email evekibet@gmail.com or 

Visit us at  Juma Hajee Building room number 16, Eldoret town 

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