Real Estate in Kenya

 

THE KENYA TRAVEL GUIDE now recommends this London based Real Estate Agent specialized exclusively in property,real estate,commercial estate,residential estate,commercial property ,residential property in Kenya and East Africa.More than 10 years Real Estate experience in Kenya .Based in London , connecting Kenyan property to the world of International Real Estate. Connecting genuine solvent buyers to genuine property owners in Kenya and East Africa . Hundreds of properties available . Get registered now and  


 NEW Villa Jua Cali for Sale KENYA MALINDI


Buying a property abroad ?

As holidaymakers relax on a foreign terrace the conversation will inevitably touch on how nice it would be to own a place in the sun. The number of Britons owning overseas homes has soared over the past decade, but the pitfalls involved in turning aspirations into real-life bricks and mortar remain. But whether you are buying in Kenya  or Madrid there are some simple rules to follow that can make the process go as smoothly as possible.

1. Research, research, research

If you are seriously considering buying a property abroad you need to do research – and a lot of it. The internet means there is no excuse for not taking advantage of the wealth of information at your fingertips. Investigate the countries and areas you are considering and see what is on offer. Any website owned by a property-related business is interested in getting you to buy. Look at community websites run by expats or those who have holiday homes in the area as well. There are countless internet forums run by people who have taken the overseas property plunge. Reading about other peoples' experiences will give you an idea of the potential problems of buying in your chosen country, and any extra expenses you're likely to incur. There are also hundreds of companies that, for a fee, will help you buy a home on the Continent. If this is a route you're considering, investigate them carefully before choosing to give them your hard-earned cash as they're not all particularly reputable.



2. Get your finances sorted

Funding the purchase of a home abroad can be done in a number of different ways. One of the most popular means is remortgaging a British home to release cash to buy a second home. The advantage is that borrowing is all from one place and repayments will be made in the currency you are paid in. Some lenders offer special overseas purchase mortgages and Abbey uses its link with parent company Banco Santander to offer a Spanish mortgage, paid in euros. If you are looking for assistance, it is possible to borrow in a variety of countries through a specialist overseas mortgage broker. Brighton-based broker Conti Financial Services can find mortgages for countries ranging from Poland to Australia and offer further expert advice to purchasers. Bear in mind currency fluctuations will affect your repayments

3. Visit where you want to buy

Getting to know the area is essential and a number of visits before buying is ideal. Investigate the area without an agent in tow and then make plenty of bookings to view properties. Don't fall for the hard sell and if you see a property you like make sure you have a cooling off period to discuss its pros and cons. Don't get carried away with the romance of a particular Spanish villa. Approach this purchase with the same caution as you would with a house back in Britain and ensure you get the appropriate checks and surveys done before handing over your money.

4. Get the experts in

Different countries have different property laws and regulations, so it's important that you find a good, fluent English-speaking solicitor who is not connected to your seller, estate agent or property developer. They should be used to dealing with overseas purchasers and go through all the possible fees, taxes, insurance issues, local authority rules and any possible pitfalls. The laws and procedures involved with every aspect of the housebuying process are often different to British laws, so make sure your solicitor's local knowledge is excellent. The local tourism office will be able to give you a list of solicitors and it's important to visit a few before choosing. If you have bought a plot of land and are having a property built make sure all planning permissions are covered and find a good architect. Again, the tourist office can help. If you think the service you are receiving is unsatisfactory, say so and explain if things don't improve you will go elsewhere.

5. Make an offer

Once you have found your ideal home, set a maximum price you will pay and don't go over it. After your offer is accepted and you have instructed solicitors make sure you keep tabs on them and the estate agents. Ask for regular updates and make sure you fulfil all the requests made of you promptly. Make sure your funding is in place and consider using a currency specialist, such as HIFX or Moneycorp, which can offer better rates and the opportunity to agree a purchase cash advance at a set rate.

 

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Do you look for property to buy  in Kenya ? Find real estate,property,private Holiday Villas,beach plots,commercial estates in Diani Beach,Kenya and East Africa 

Do you have property in Kenya and want to sell it ? Advertise here . Contact  


For Sale in Tsavo National Park Kenya

Savanna Dream Safari Camp in Tsavo for Sale - privately owned SAFARI CAMP FOR SALE - Tsavo West National Park in Kenya - 11.4 acres FREE hold land - the camp has just opened 1 1/2 years ago - 5 mins to the entrance of Tsavo West National Park - 5 mins to Lake Jipe , the meeting point for all animals as this is the biggest water source in the area

for more info click Tsavo Safari Camp for Sale




Island Plot for sale on Funzi Island Kenya

Tropical Paradise

Plot Size 2.5 hectares (6 acres) Freehold, undeveloped

300 m direct Access to the Beach

Beautiful wide Sandy Beach Palm Trees, coloured blooming Bougain Villeas

Filled with over 100 Years Old Baobab-Trees

 Click here for more information  Funzi Island Plot for Sale in Kenya East Africa




 

Private Dream Villa for sale in Diani Beach South Coast 

Please contact the owner at  Mr & Mrs Kai and Michaela Wulff

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Beach Plot wanted    

                                                                                                               

  We are looking for a small beach plot to buy on the Kenyan Coast.We only buying direct from the owner. Clean free title deed is a MUST. The beach plot has to be suitable to build a small beach bar or has already some basic buildings on it . Please email  with the details. Only serious offers please.  

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Plot for Sale in Diani

2.054 hectars, 99 years lease from 1986 , Permission for shops,offices,flats,etc ,Offer KSh 25 Mio 

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Real Estate in Diani Beach Kenya by diani.info

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General Advice about purchasing property and land in Kenya

A good start before entering into any transaction is to consult your Embassy.Secondly,obtain good counsel from a reputable Solicitor or Lawyer to work out the modalities of acquiring the property.The need for a Lawyer or Advocate in paramount in assisting you to acquire land or any other property in Kenya.The charges of hiring a lawyer usually vary depending on the value of the property you will be buying.Details pertaining to engaging good lawyers can be obtained from your Embassy.You will also need the services of a good surveyor to verify the size and location of the plot.The person or company selling the plot must have a valid Title Deed.The Title Deed is an official government document showing the owner of the property,the size and the class of the property.No one can sell what does not belong to him.Do not get coned into buying something that one cannot verify that it belongs to him or her or to the company the person might represent. All Title Deeds in Kenya indicate the exact size of the property and the exact location in Kenya,so that no two people can own a Title Deed of the one marked property.The size of any property also plays a great part to estimate the true value of the land. Property in Kenya has been classified as Commercial plots and Agricultural,which is basically Farming Land. Commercial property is the kind of property which a foreigner is allowed to buy and to build on it .Agricultural property (Farming Land) in Kenya is normally owned by indigineous people.Foreigners normally cannot acquire such land .Exept if you form a company together with a Kenyan Citizen. Then agricultural land can be bought in the name of your company,which will appear as the owner of the plot on the Title Deed. This solution may lead into major troubles if your partner in the company is not reliable. One can buy Agricultural land but all arrangments must be made to change it to Commercial property.The change of user is allowed by the Law of Kenya however it can take some time to go through. A freehold title gives the owner absolute proprietorship over the land in perpetuity.Leasehold property is held on a government lease for a specified period,usually 50 - 99 years.At the end of this period,the landowner applies for an extension of the lease ,which is usually granted.The extension process takes at least 6 months.Both freehold and leasehold land is subject to City Council Rates which is usually a fraction of the unimproved site value.However,leasehold is further subject to Land Rent ,based on the size of the land.Although a freehold title would be of distinct advantage,a leasehold title bears no specific disadvantage for the purchaser. For further advice 

 

 

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