Over the last one and a half decade, buying and selling of land has experienced an exponential boom in Kenya. It has become the surest bet for making wealth as urban centers grow and the demand for housing increases.
Some of the advantages of investing in land include:
Factors to consider before buying land;
Never make a blind transaction when it comes to buying property. It is your number one duty to confirm the authenticity of any property that you intend to buy. Visit the site of the land for sale to ascertain its existence as well as confirm it’s the same size you’re buying.
This plays a big role in determining the value attached to a property. Property that is close to the main road and developing areas will cost more than that further in. For instance, buying land at Dhahabu Villas Makutano would be a really good idea since the Kenol – Marua dual carriage highway is over 60% done and is expected to be a game changer for both Kenya and Ethiopia since it is part of the Lapsset Corridor and this will have a major impact since it will enhance inter-county and inter-countries business and ease transportation to both cargo and passengers. This means that if you have an intention of buy to sell, you will be able to sell it at a high profit since the value of the land is likely to appreciate faster. You may also want to consider the possibility of flooding in low lying areas as opposed to those in the raised ground.
The purpose of buying land will determine the property you should buy. Whether it’s for commercial or residential, you need to have a well laid out plan. For commercial property, you’re better off buying at a prime area that is close to social amenities such as water, electricity, drainage system, good infrastructure, hospitals, supermarkets, churches, schools etc. For Instance Dhahabu Villas Makutano is best suited for commercial developments for it lies just few kilometers from Makutano Junction and the Nairobi – Nyeri Highway and few mins drive from Karaba Town.
A holiday home, on the other hand, may need a quiet place but not too far from major facilities. Dhahabu Zani Garden Malindi perfectly fits the description, it is 30 mins mins drive from Malindi town and situated in a quiet environment to help you cool your mind after a hectic day working in the Cities.
Dhahabu Zani Garden Malindi Phase 4 Site Visit Will Be On Friday 24th September 2022