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Showing posts from November 29, 2020

Ideal Estates for Residential Buildings in Eldoret

  Eldoret town has a variety of residential estates, from the affluent ones to those that are common for the middle class . We take a look at some of the estates that are ideal for residential – where you can be guaranteed of returns should you decide to set up residential. Huruma, Kahoya, Tairi Mbili, Maili Nne These are estates located on the western part of Eldoret town, mainly accessed through the Eldoret-Kitale road. One thing that makes these estates ideal for residential is their high population which makes the demand for housing high. Another key factor is that the population in these estates is cosmopolitan – offering dynamics that guarantees a good environment for business, including real estate to flourish. Opposite Teleview Just after Hill School, there is an estate called Teleview, and opposite it, we have an emerging area that has seen a rise in apartments. This is another potential hotspot for residential buildings. Currently, a majority of those living in t

Major Streets in Eldoret Town – Perfect for Mega Investments

  If you are looking for a place to put your investment in around Eldoret town, then consider the Central Business District (CBD). With the growing population that is pushing the expansion of Eldoret town – which is currently an economic, education, sports, health and a transport hub for at least 23 counties in the North Rift region and Western Kenya, this Uasin Gishu’s capital is the best bet for your investment. The Eldoret CBD is comprised of FOUR major streets where you can be sure your investment of whatever kind will give you maximum returns. Here are the four major streets in Eldoret CBD: Ronald Ngala Street When you are coming into Eldoret town from Nairobi through Nakuru Highway, this is the first street you will come across as you enter the CBD. Just at the start of Ronald Ngala Street is the iconic Barng’etuny plaza – one of the oldest buildings in the town. Opposite it is several banks including Bank of Africa, Sidian Bank and Cooperative Bank. Other key facilit

Top 6 Eldoret Estates Where the Middle Class Live

  We have already taken you through affluent estates in Eldoret town as well as those that are inhabited by both the middle class and low-income earners. This article focuses more on estates around Eldoret town where those living in are purely middle class. Perhaps you might be asking who the middle class are.  According to the Economic survey 2017 by the Kenya National Bureau of Statistics, the lower-income group comprises households with a monthly income of Kshs  23,670  and below; while middle-income group comprises households with incomes ranging between Kshs 23,671 and Kshs 119,999. Racecourse This is an estate located along Eldoret-Kapsabet road past Eldoret ASK Show. Racecourse Estate is not well planned and many of those who live in the houses are purely middle class. The estate extends up to Mariot area. Kapsoya Kapsoya is among the well-planned estates in Eldoret town – largely due to the fact that it was a trial by the then Eldoret Municipality to create an excel

Core Estates in Eldoret – Where To Buy Land and Invest In (PART 1)

  It is no longer a secret that Eldoret town is growing fast – in all aspects for that matter – from population to infrastructure and even business opportunities for investors. For this reason, we at Baoriat Agencies and committed to ensuring you have all the facts and figures in as much as this City of Champions is concerned. This article will be taking you through some of the core estates in Eldoret town. The estates are so many, over 20, so we will be going through them in two parts. We already covered the aspect of where the rich live inEldoret and in this article, we focus on estates that are home to both low and middle class. Langas This is arguably the largest residential estate in Eldoret town and it keeps expanding towards Yamumbi by day as the population rises and demand for housing also shoots up. Worth noting about Langas estate is that it has no individual title deed. The title was under the ownership on one individual and currently, a majority of landowners

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

  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-ma

High End Estates in Eldoret Where the Affluent Live

In any society worldwide, there will always be people with a great deal of money – the wealthy, those in the middle of the park (middle-level income earners) and the poor, in between, there are so many more levels.  One’s ability to access money has a direct impact on where he/she lives. In Eldoret town, for example, residential estates are categorized depending on a persons richness.  There are those estates known to be home to the low-income earners, and others exclusive for the rich and then we have the super-rich – they also have their own estates they live.  Here are some of the high-end estates in Eldoret town that are home to the affluent with rent ranging between Sh50,000 to Sh200,000 per month, depending on the size of the house and the landlord.  Elgon View Estate   Located on the southern side of Eldoret t own in  Kenya and named after Mt Elgon , Elgon View estate is primarily zoned for low-density residential housing. The minimum land acreage one can own in this estate is h