Skip to main content

5 Things to Consider Before Buying Land in Kenya

Image
By

 

Land ownership is a great form of investment in Kenya today. This is largely because land is a finite resource.

For you to legally own land in Kenya, there are various steps that you need to follow – which culminate in the acquisition of a title deed – issued by the Ministry of Lands.

The type of land you buy, and the intended purpose will determine whether you will get value for money or not.


We take you through 5 main things that, as a land buyer, you need to consider before reaching a final decision to buy land.

1.      Investment goal

From the word go, you need to have a clear investment goal. Know why you are buying that piece of land – it will be a guide in decision making.

-          If you want to accumulate assets – look for land in areas that you will be comfortable to settle in, in future.

-          If growing your savings is your goal – look for land that is not in a well-planned area.

-          If you want to have passive income – buy land in a populated place (where you can set up rental and/or commercial buildings).

-          For a long-term investment – buy land that you’re not in a hurry to use.

2.      Cost

Before beginning the journey to look for land to buy, make a decision of how much you want to use on that investment. This will greatly inform you on where you can buy that piece of land because the cost of land in an urban area is different from the same piece of land in rural areas.


Always settle for a piece of land that will not put too much pressure on your finances.

3.      Utility services

The piece of land you purchase will in one way or another need to have utilities ready around the area – depending on the end goal for buying that particular land.

Basic utilities are usually things like water, sewerage and electricity – these are things that play a key role in the development and value appreciation of the land.

4.      Duration of ownership

Always ask yourself, how long do you want to hold that land? If you want to grow your savings – buy land in an area that will be attractive to buyers in the future when you plan to exit.

The point here is that you’re likely to get higher returns and quicker exit if you buy land near a proposed development project like bypass, or hospital.

5.      Physical site visit

Always insist on seeing the piece of land you want to buy – this enables you to get familiar with the area.

Visiting a site also assures you that you’re buying land that exists – protects you from falling prey to conmen/women who sell ‘air’ – that’s a non-existent land.

Find Property in Uasin Gishu County
Baoriat Agencies

Call: +254 721-554-937

Baoriat Agencies is committed to helping you find the best place for you to settle 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 

Follow our Facebook Page Boariat Agencies for the latest deals.

Comments

Post a Comment

Popular posts from this blog

Major Streets in Eldoret Town – Perfect for Mega Investments

By
  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
Post a Comment
Read more

WHAT ARE TITLE DEEDS

By
  First of all we want to know what exactly is a title deed? A Title Deed according to the dictionary is  a legal deed or document constituting evidence of a right, especially to ownership of property. That means that for one to have claim on a piece of the land, he / she must have a title deed written in his/ her name.  When looking to invest in a piece of land, the first thing you will need to do as a buyer is to conduct an official title deed search at the local land registry. This is often done in the county office in which the land is located. In Kenya there existed different types of title deeds as per the different types of land Acts that have been in existence from colonial times up to the post-independence era. Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 Here are the different types of title deed: Indenture :  a title under the Government Lands Act Cap 280 (repealed) Grant :  Government grant under Registration of Titles Act Cap 281 (repealed) a
Post a Comment
Read more

HOW TO MAKE MORE PROFIT AS A POULTRY FARMER IN KENYA

By
Poultry farming is one of the lucrative farming businesses we have in Kenya. Every poultry farmer would wish to make more profit in terms of good cash. We as the Baoriat Agencies  will guide you through your successful journey of poultry farming. Breed choice and the market type are two major underlying factors that will help any poultry farmer make more profit than before. Breed type. In Kenya, we have various breeding types of chicken namely; Rainbow rooster, Kenbro, Kuroiler and KARI improved kienyeji. When it comes to breed type, always opt for the birds with high egg production and has low feed consumption.  KARI improved Kienyeji Chicken are the best breed because they exhibit desirable characteristics such as resistance to diseases, mature very fast as compared to other breed type, have the sweetest meat and also they produce eggs of high quality. They also require an average of 50 grams of feed per day hence, saves the farmer a lot of money used to buy the chicks feeds. Market.
9 comments
Read more