Baoriat Real Estate Limited

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 hou...

  By Business Daily Financial institutions like commercial banks will be required to immediately give up the full rights to individual apartment buyers when they finish paying up their mortgages or loans under new regulations aimed at boosting homeownership. This is opposed to the past where buyers purchasing property on loan under a mortgage scheme could only get a partial discharge from a financial institution upon completion of payment of the loan. The ministry is now collecting public views on the draft Sectional Properties Regulations 2021, which outline the issuance of title documents for individual houses on multi-storeyed buildings paving the way for the gazettement of the rules. Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 The new law will empower individual housing units owner(s) to utilize their properties as they wish without jeopardizing the interests of other units’ owners. This will allow the sale of property and the use of the ...

  It is no longer a secret that land buying and selling business in Kenya is full of conmen and cartels – or whatever name you want to call them. Always often or not, you will hear people complaining that they have been conned, or cases of people lamenting how they paid for a non-existent piece of land. As much as conmanship is there, and you’re likely to encounter such people out to take advantage of others, there are some basic things you can do to help reduce the risk of losing your hard-earned money/savings to cons. Here are 7 things you must establish before buying land – in any part of Kenya; -       Always be sure that the land you’re about to buy actually exists. This is by making a physical visit to where it is. Never be satisfied with photos. -       Find out what is planted in the land – especially if you’re looking for agricultural land. -       Be sure to positively know that the perso...

  Just like you can buy a car, house, or something else during an auction, land is also part of an asset that you can acquire through auction. The main advantage of buying land or property through an auction is that you will get it at a far lower price than the market value, although it won’t be that low because laws governing auctions in Kenya require that the price should not be below 75% of the actual value. Some people are usually hesitant to buy property in an auction due to the many risks involved, but the truth is that if you follow due process, there’s nothing to worry about. Buying a property/land through the auction will require you to go through the following 8 main steps; 1 .        Looking for the land/property up for auction Land or property set for auctioning is usually advised in newspapers and other public places. You can also get to know which land is up for an auction through real estate websites, real estate agents, local ba...

  Are you planning to build a house, or are you already building a house that is nearing completion? Here are some of the best ceiling ideas you can pick from to use on that home – and give it an elegant look. Speciality Moldings These type of ceilings are common in historic homes and if you want to give your modern house a traditional look, they are just perfect. Speciality mouldings will look beautiful in a variety of designs – and be sure, they will keep your house classic. Ceiling Trays Ceiling Trays work perfectly for a house with high ceiling as they give the room more depth and make it eel more spacious. Although they are simple in design, they add a nice finishing touch. Ceiling trays are basically recessed ceiling in which the highest point, which is the centre, is inverted. Flat ceilings Go for this type of ceiling if you don’t have a high ceiling. Although they are the standard ceiling type, they are beautiful just like some of the fancy ceiling types you mig...

  Land is today the most sought-after asset in Kenya. There are tens of hundreds of people looking for land to buy, just as there are hundreds of companies involved in the purchase and sale of land. With a huge demand in the land industry, there is always a danger of getting conned – and this is why due diligence must be followed when buying that dream piece of land – be it from an individual or a company. So what is due diligence and what does it involve? Due diligence is basically getting to know the facts about the land you want to buy like ownership, size among all other paperwork involved – making sure they are in order. Find Property in Uasin Gishu County Baoriat Agencies Call: +254 721-554-937 If you follow due diligence in land matters, it is easier to identify conmen or things that would help you avoid getting into deals that might turn our problematic later on. Here is a list of things that you need to do – before making the final payment for that land deal; L...

  If you are involved in the purchase and sale of the land/property industry, it is always good to know how much whatever you're buying or selling costs. As a buyer, knowing the value of what you are about to buy will also ensure you don’t overpay for it. Understanding the value of your property will also inform among others; the pricing and rent (if it is commercial buildings (s). For you to get to know the value of property/land, you can either get a property appraisal from a certified real estate professional or engage professional valuers. Real estate professionals will show you the estimated market value based on current trends in the region that the land is located while professional valuers will calculate the value of your property. So what are the parameters used in determining the value of a property or land? Among the key things that valuers will be looking at include; -           Size of the land -   ...