Eldoret is today ranked among the fastest growing towns in Kenya and also the fifth most populated urban center.
The town which is seeking an elevation into a city is rightfully
among those with high demand in the land - for commercial purposes like plots for
rental houses or business buildings.
Eldoret has many estates, some old, and many others that are
coming up due to rising demand in housing units.
If you're looking to buy a plot in this City of champions,
here is a summary of the price range for some of the popular estates;
Elgon View
This is an estate exclusively reserved for individuals
looking for land to set up a home. The smallest piece of land you can buy is half
an acre which costs Ksh15 million.
Kimumu
Located along the Eldoret-Iten road, about a 15-minute drive
from the Eldoret CBD, Kimumu is an estate good for commercial houses.
A 1/8 acre piece of land costs between Ksh1 million to 2.5
million.
Roadblock
This is another estate that is good for setting up rental houses
as well as commercial buildings.
If you can manage to get between Ksh1 million and Ksh2
million, you will get a 1/8 acre plot.
Kipkenyo
Kipkenyo estate, although not well developed as other
estates offer the best environment for an individual looking for a place to
call home.
The land is also affordable in this estate as a 1/8 costs between Ksh550,000 to Ksh 1 million while a 1/4 acre from Ksh800,000 to Ksh1.6 million.
Kipkaren
Despite being among the oldest estates, Kipkaren has refused
to grow - or transform into a modern estate.
Land value in this estate is relatively fair as a 1/8 costs
in the range of Ksh1 million to Ksh1.5 million.
Illula
Currently, Illula is a sparsely populated estate which is a
hot cake for the middle class - many of who are looking for land to buy so that
they can build their own houses.
The price range for a 1/8 is between Ksh1 million and Ksh1.8
million.
Kapseret
With the coming up of a multi-billion Eldoret bypass
project, land value around Kapseret estate towards Kipkaren has appreciated.
The area is now among the most expensive to buy land as currently, an acre piece of land which is near a tarmac costs around Ksh10 million.
Annex
This is an estate whose land value is already mature and it
is likely that you may not get returns unless you are buying land for your own
home.
1/4 acre piece of land in Annex costs up to Ksh1.7 million, depending
on its proximity to the tarmacked road.
Kiplombe
With several new roads coming up around Kiplombe estate,
land value has started to rise, especially the anticipation of the Eastern
bypass.
The land around this area is still available in plenty with an acre going for up to Ksh6 million.
Kapsoya
Kapsoya remains among the well-planned estates in Eldoret
and a 1/8 acre costs around Ksh2 million.
N/B The cost of plots/land in the above-listed areas will vary depending
on a number of factors like proximity to a tarmacked road, key social amenities, and whether the land is being sold by a broker, company, or directly by the owner.
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
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