Kenya Real Estate Investment offers numerous possibilities. Kaufland is one of the most, here are some factors that you need to consider before you buy land in Kenya.
Developmental Biology Outlook:
Do you buy land for residential or commercial purposes? Would you like your house, apartments to rent or to let business? Your answer to these questions can be the location of the land you should buy. For example, if you want to build apartments to rent, should work more closely with local institutions such as supermarkets, schools and health facilities. Many families prefer to live only a few miles from the school their children. This concern, therefore, where they rent a house.
Location:
You have heard it before - location, location, location. It will affect prices considerably. After half a hectare of land costs 10 times more in comparison to Runda in Embakasi area. However, Embakasi is closer to the airport in comparison to Runda. The location of the land you wish to purchase should indeed with your Kenya Real Estate Development Goals.
Distance from the main road:
The farther you are from the main road, the better the plot. However, security can be compromised. If you buy land with the aim of building rental property, you may need with less rents, if far from the main road. I was looking for a house to rent, and I recently opted for a smaller property that is closer to the main road, rather than a larger market.
Access to water, electricity and telephone lines:
Some real estate areas such as Kenya Kitengela are not very well developed and may lack electricity and phone lines and running water. The lack of these facilities but the country is cheaper, but at what price. My mother bought a few acres of land in Kitengela and had their own sink hole and pump water into the house. She also had the use of electricity from Kenya Power and Lighting Company. Fortunately for them, they proved to be an easy process. It is cheaper to buy land in these areas, but you must be prepared to use the additional costs and delays. Sometimes, as in my case, the mother, it is worth it.
Soil texture:
Well, believe it or not, the ground texture Kenya real estate value. Areas with black cotton soil are usually cheaper compared to the regions, the red earth. For example, parts of Mombasa road black cotton soil and can not be compared to the red soil areas such as Karen, Runda or Muthaiga. Soil texture also affects the construction costs.
Sewer Location:
Some areas have restrictions on sewage and thus not suitable for certain types of Kenya real estate development. Developments along the famous Ngong Road charges were restricted to the overloaded sewerage system. If you intend to order an apartment complex for sale or to rent, you must use the sewers as well as other restrictions restriction imposed by the planning council.
With these factors are under consideration, purchasing land in Kenya should be smooth sailing.
Margaret Nguyo is the Web editor for My Guide Kenya. She has valuable tips for property investment in Kenya. Get here - http://www.my-kenya-guide.com/kenya-real-estate.html
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