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Real Estate

Nairobi Apartment Owners to Start Paying Land Rates in 2024
Real Estate

Nairobi Apartment Owners to Start Paying Land Rates in 2024

Individuals in Nairobi who own apartments in blocks and share common areas within their units will be required to pay land rates to the county government from January 2024. The change is in line with the 2021 Sectiona…

Jan 1, 2024
5 Top Estates Preferred by Nairobians in 2023
Real Estate

5 Top Estates Preferred by Nairobians in 2023

In 2023, the real estate industry witnessed a significant transformation as property owners grappled with the new life choices made by their clients. Many Kenyans were forced to adjust and conform to the changing econ…

Jan 1, 2024
Where Kenyan Diaspora Buys Holiday Homes
Real Estate

Where Kenyan Diaspora Buys Holiday Homes

While enjoying her vacation in Kenya, Carey Njeri, a resident of Los Angeles, stumbled upon an intriguing billboard advertising a property in Malindi. Ms Njeri found solace in the tranquil confines of a gated communit…

Dec 24, 2023
Investors Tap into Airbnb Craze to Maximize Returns in Kenya's Property Market
Real Estate

Investors Tap into Airbnb Craze to Maximize Returns in Kenya's Property Market

Airbnb has made a significant impact on the Kenyan rental market, revolutionizing the way people find short-term accommodations from Nairobi to Watamu, Kisumu to Maasi Mara, and everywhere in between. In response to t…

Dec 12, 2023
The Allure of Kenya's Booming Real Estate Market
Real Estate

The Allure of Kenya's Booming Real Estate Market

Kenya's real estate sector has experienced unprecedented growth, surpassing other industries like manufacturing, services, and agriculture. Real estate has become the top pick for investors surpassing once-favored inv…

Nov 28, 2023
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Kenya Seeks Indian Investment for Affordable Housing Programme
Real Estate

Kenya Seeks Indian Investment for Affordable Housing Programme

Deputy President Rigathi Gachagua has called upon Indian companies to assist the Kenya Kwanza administration in implementing its development projects. Speaking on Wednesday, The Deputy President urged investors to sup…

Nov 23, 2023
Tenants Evacuated as Peponi Apartments Teeter on the Brink of Collapse
Real Estate

Tenants Evacuated as Peponi Apartments Teeter on the Brink of Collapse

Residents of the upscale Peponi View Apartments have been given a week to vacate their homes or face potential damage caused by structural cracks. The issue came to light after a 31-second video went viral on social m…

Nov 17, 2023
Report Highlights Why Kenyans Choose Limuru for Renting
Real Estate

Report Highlights Why Kenyans Choose Limuru for Renting

Limuru has become a sought-after neighborhood for Kenyans seeking rental properties, according to the latest data from the Hass Consult Property Index. The report, which covers the three months leading up to September…

Nov 13, 2023
Reasons for Ruiru Real Estate Boom
Real Estate

Reasons for Ruiru Real Estate Boom

Kenyans are opting to purchase available plots in Ruiru for a variety of reasons. Ruiru, nestled in the vibrant Kiambu County has emerged as a desirable location for real estate investment due to several factors. 1. P…

Nov 10, 2023
KRA Moves Into Estates in Search of Landlords Not Paying Taxes
Real Estate

KRA Moves Into Estates in Search of Landlords Not Paying Taxes

The Kenya Revenue Authority (KRA) is intensifying its efforts by targeting residential estates in its quest to collect rental income taxes from landlords. On November 3, the Kenya Revenue Authority (KRA) initiated a c…

Nov 8, 2023
Kenyan Couple Awarded the Most Sustainable Airbnb Hosts in Africa
Real Estate

Kenyan Couple Awarded the Most Sustainable Airbnb Hosts in Africa

Christian Lambrechts and Jane Wangui have been recognized for their exceptional achievement in creating the most environmentally sustainable Airbnb facility in Africa. The couple dedicated to conservation hail from Ti…

Oct 25, 2023
Kenya Gov't Woos Landowners With Home Deals
Real Estate

Kenya Gov't Woos Landowners With Home Deals

In an effort to secure ideal locations for affordable housing projects, the government has extended an invitation to private landowners, offering them the opportunity to exchange their parcels with the State. Applicat…

Oct 25, 2023
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Inside Big Plans to Transform Kisumu into a Modern City
Real Estate

Inside Big Plans to Transform Kisumu into a Modern City

Nestled atop the Riat Hills in Kisumu lies Kanyakwar, a breathtaking vantage point that offers a glimpse of the magnificent Lake Victoria and Kenya's third-largest city which gracefully embraces the lake from all angl…

Oct 23, 2023
Buying Land in Kenya: Letter of Allotment vs Title Deed in Land Ownership
Real Estate

Buying Land in Kenya: Letter of Allotment vs Title Deed in Land Ownership

The Supreme Court recently stated that a letter of allotment cannot be considered a title deed. This ruling overturns the previous decision made by the High Court which recognized the letter as a step in the land allo…

Oct 17, 2023
Username Investments Launches Nawiri Pamoja, an Initiative to Build Communities
Classifieds

Username Investments Launches Nawiri Pamoja, an Initiative to Build Communities

Username Investment Ltd., the leading real estate company in Kenya has launched Nawiri Pamoja an event that aims at bringing together investors to build a community within a project. The event was held at The Vineyard…

Oct 10, 2023
Meet Amanda Kimani, a 25-Year-Old CEO Running 37 Airbnb Units in Nairobi
Real Estate

Meet Amanda Kimani, a 25-Year-Old CEO Running 37 Airbnb Units in Nairobi

Amanda Kimani, a young entrepreneur at the age of 25, has made a significant impact in the highly profitable real estate industry. Amanda stresses the importance of having resilience and steadfast determination when o…

Oct 9, 2023
15 Muthaiga, Loresho Homes on Auction as Loan Defaults Hit Tycoons
Real Estate

15 Muthaiga, Loresho Homes on Auction as Loan Defaults Hit Tycoons

Amid challenging economic conditions, an increasing number of Kenyans are facing defaults on their loans, leading to the seizure and auction of their properties. Wealthy individuals residing in posh areas like Muthaig…

Oct 3, 2023
What to Do When the Government Acquires Your Land Compulsorily
Real Estate

What to Do When the Government Acquires Your Land Compulsorily

Compulsory land acquisition remains a viable option amidst the government's ongoing efforts at both the county and national levels. However, concerns have been raised regarding the criteria and compensation process, a…

Oct 3, 2023
Kenyans in the Diaspora Eye Sh1 Billion Housing Project Investment In Kisumu
Real Estate

Kenyans in the Diaspora Eye Sh1 Billion Housing Project Investment In Kisumu

Kenyans residing abroad have ambitious plans to construct housing units worth Sh1 billion in the city of Kisumu. The project aims to support the development and economic elevation of the country at large. The real est…

Sep 29, 2023
How to Avoid Fake Lawyers in Kenyan Land Deals
Real Estate

How to Avoid Fake Lawyers in Kenyan Land Deals

Potential investors need to approach lawyers with the same level of care they devote before partaking in real estate investments if they so wish to avert the danger of hiring unqualified persons posing as lawyers. It'…

Sep 27, 2023
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