Kenya’s real estate market has seen remarkable growth in recent years, attracting both local and international investors. With increasing demand for residential, commercial, and mixed-use developments, property values continue to rise across the country. From bustling cities to emerging towns, strategic locations are becoming prime investment hubs.

1. IMPROVED INFRASTRUCTURE

Better roads, highways and public transport systems have opened up new areas for investment.

Example the Nairobi Expressway has boosted property demand, while the Standard Gauge Railway SGR) has increased interest in investments. Nakuru, now officially, a city, has also seen a rise in real estate activity due to improved road networks and growing business.

Developments like Pana Ranch by Premier Realty in Nakuru take advantage of this infrastructure growth. Located in a serene and strategic location, it offers an excellent investment opportunity for buyers looking for land in rapidly developing area.

• URBANIZATION AND HOUSING DEMAND

Kenya’s cities are expanding as more people move in search of better job opportunities and living conditions.      As a result, areas surrounding major towns are becoming real estate hotspots.

Example, kitengela has become attractive for homebuyers due to their affordability and proximity to Nairobi. Premier Realty’s projects in Kitengela offer spacious plots suitable for residential homes, rental developments, and rising property values make it an attractive option for long-term investment.

• GOVERNMENT POLICIES AND SUPPORT

The Kenyan Government has introduced policies to help more people own homes and make real estate investment safer.

The Affordable Housing Program encourages developers to build low-cost homes, making it easier for middle-income earners to buy houses. The government has also launched Ardhisasa, a digital land system that allows people to check land ownership records online. This has reduced fraud and mad bland transactions more secure.

Thanks to these policies, real estate companies like Premier Realty are providing buyers with legally verified properties, ensuring they get genuine title deeds and a safe investment

• INVESTMENT FROM THE DIASPORA AND FOREIGNERS

Kenya continues to attract real estate investors, including those from Diaspora and foreign buyers.

Real estate firms, including Premier Realty, have tapped into the diaspora market by offering secure and verified property investment options

Example, Nanyuki with its cool climate, stunning views of Mount Kenya , and growing Tourism Sector, has a become a prime investment destination, offering great potential for Holiday Homes, eco-lodges and residential properties. Premier Realty provides prime plots in Nanyuki, ideal for those looking to invest in a scenic and rapidly growing area.

Kenya’s real estate sector offers a wealth of opportunities for investors, with diverse locations catering to various needs and budgets. Premier Realty provides valuable investment options, and now is an exciting time to explore the country’s growing Market. Whether you are looking for residential land, commercial properties, or vacation homes, kenya’s real estate landscape continue to promise strong returns.

Buying land in Kenya can be a great investment, but navigating the legal process is crucial to avoid fraud and ownership disputes. Here’s a step-by-step guide to legally acquiring land in Kenya.

1. Identify the Land

Before making any commitments, conduct thorough research on the location, price, and land use regulations. When buying land in Kenya consider high-growth areas like Nairobi, Naivasha, and Nanyuki for future value appreciation.

2. Conduct a Title Search at the Ministry of Lands

Request an official land search at the Ministry of Lands and Physical Planning to verify ownership and ensure the land is free from encumbrances. This process costs about Ksh 500 and takes 2-3 days.

3. Request the Land’s Map from Survey of Kenya

Obtain survey maps (usually two) from the Survey of Kenya to confirm boundaries and size. These maps cost around Ksh 1,000.

4. Conduct a Physical Visit and Due Diligence

Visit the land to confirm its location, boundaries, and surrounding developments. Engage local authorities and neighbors to verify ownership history.

5. Negotiate the Purchase Price and Terms

Discuss the price, payment plans, and any other conditions with the seller. Ensure all agreements are documented to avoid future disputes.

6. Draft and Sign a Sale Agreement

A lawyer should draft the sale agreement outlining payment terms, deposit, and obligations of both parties. This legally binds the transaction.

7. Pay the Deposit

Typically, a 10% deposit is paid upon signing the sale agreement. The remainder is paid upon land transfer completion.

8. Conduct Land Valuation

A government valuer assesses the land’s market value to determine the Stamp Duty payable, which ranges from 2%-4% of the value.

9. Pay Stamp Duty

Submit the valuation report to KRA and pay the required Stamp Duty to facilitate legal ownership transfer.

10. Land Transfer Process

The seller applies for consent from the Land Control Board (LCB) for approval of the transfer. This step ensures compliance with legal regulations.

11. Obtain the Title Deed

Once the transfer is approved, the buyer receives a new title deed, officially recognizing them as the legal owner of the land.

12. Register the Land with County Government

Finally, register the land under your name for property tax purposes. Some counties have online portals to simplify this process.