Monday 23 February 2015

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Tuesday 17 February 2015

What makes Kenya real estates best suited for investment?

Kenya has actually been and still remains one of the greatest places in East Africa and in Africa as a whole for investment. The Country goes on to attract foreign investors by having fertile lands as well as other viable opportunities. Kenya real estates sector has recently made a mark as one of the most attractive investment opportunities in Kenya catching the attention of both local and foreign investors.
A number of factors are at play in the Country’s economic and real estate standing. Highlighted below are some of the characteristics that make Kenya stands out of the crowd in the context of investment and economic development;
Enhanced security- Security is among things which any business person requires a guarantee on before beginning a financial commitment venture. It's because when there’s an outbreak of robbery attacks just for instance, the target is often businesses. Fortunately, Kenya real estates have always worked hard along with the concerned stakeholders so to enhance security, for better and smooth operation of their investors’ businesses.
Improved infrastructure- Investors always prefer setting up businesses in places which are easily accessible for through so, they get to reach their clients with much ease. Improvement of infrastructure in Kenya has always been in process and this has always given a green light to investors that the entire infrastructure is something being worked on.
Accessibility to land and commercial premises at fair prices- Kenya real estates always ensure to give their properties and land to their investors at cheap prices. It is mainly to pull each of them to put their money in the sector. This, for years has enabled them work so well with their investors owing to the good and established rapport. Following this, a great number of investors are often recorded yearly to have invested in the real estate sector.
Support from the national government- The full support offered by the government of Kenya has immensely helped the growth of real estate industry in Kenya. The support has been in various ways including improvement of infrastructure so to enable easy transportation of goods in and out of the country and also inside the country. Another way can be by enhancing security and also by leasing out lands to be rented by the investors at a very lesser costs. Apart from the support by the government, the sector has as well received support from the citizens, who have always provided support such as giving themselves for any variety of services needed by the investors, helping in beefing up security among a lot other supports.
Influx of investors- another factor that helps real estate rank top in the group of top ranked sectors is the continuous movement of investors who are putting up businesses in the Country. The wide range of investors arriving for businesses in the nation is leading to a large number of developments, hence making the sector record the high profits.
These are som of the factors that led to the upper ranking of Kenya real estates and of course the consequent inflow of more investors.

Monday 16 February 2015

Grab Investment Opportunities In Land For Sale Homabay

The south Nyanza region has refused to be left behind in terms of economic development. With numerous towns like Oyugis, Migori, Kendu Bay and the larger Homabay town all doing quite well economically, South Nyanza has cut a niche for itself as a destination for investors looking to exploit the yet to be fully utilized region. Homabay town has especially made a landmark in economic development with numerous major hotels coming up in the region. The number of tourists visiting the area has also recently increased making land for sale Homabay more attractive to investors.
Homabay is a very conducive place for business ventures. With a fairly large population, any type of business can never go wrong in this area. A larger population usually translates to increased buying power. This means that real estate investors should actually smell the need for more commercial buildings and act fast to provide this much required necessity and in turn laugh straight to the bank with huge profit
The fact that a large portion of Lake Victoria cuts across Homabay region comes with lots of advantages. With this, a serious business person can make a lot of money. One can build decent shops to-let for example, for business purposes like restaurants. This will indeed help the fish mongers be able to sell their fish in decent places.
Homabay County has a large population with inadequate housing facilities. It means therefore that there is need for more rental houses. As some people rent houses, some build their own. Construction of rental houses will ensure that there are enough houses to cater for even those moving from rural areas to urban areas.  With the high population, again there is need for more schools, since the fear is that in the coming years, the already existing schools won’t be enough to accommodate all the pupils and students. Large scale investors can come in and build private schools as an alternative for the already congested public ones.
Fishing happens to be the main economic activity for the people staying around the lake. Serious business people can hire such pieces of lands and build even a fish processing industry in Homabay. This can also be a source of job opportunities for the locals as well as people from outside the county. Above all, it can help develop the entire county.
Land for sale Homabay is fertile and can also be used for cultivation crops. It has good soil that when taken care of well, can yield good produce. Some of the crops that do well in those areas include pineapples, tomatoes, groundnuts, green peas, beans, soya beans, millet, sorghum and finger millet. With good rainfall, a farmer can be sure to get good produce. With most people only practicing subsistence farming in the area, an investor can come in with a large scale farming investment to take advantage of the underutilized agricultural sector. 

Thursday 12 February 2015

Why you should invest in Kisumu real estate as early as today

Why you should invest in Kisumu real estate as early as today
There are people who will always have a reason why they are not doing something today, but pushing it to tomorrow. This is not bad, neither is it an offense. However, what I would want to let you know is that with the current trend in Kisumu real estate, if anyone thinks of investing then it should be now.
Kisumu real estate has changed greatly. Today, there are certain things that are happening that never used to be there. For example, property value has really gone up, as the prices have been pushed to very exorbitant levels far beyond the reach of any individual buyer. This apparently, is not only in Kisumu real estate but also in the entire Kenya real estate.
Now, this is basically the reason why you need to invest in kisumu real estate as early as now. Taking up the investment early will be advantageous to you as you’ll expect to see the property value increasing with time, as opposed to waiting to invest at a later time.
For instance, there’s a report that indicated the importance of early investment, giving the example of a Ksh32 Million investment in 1 acre in 2007, which had later multiplied to Ksh173.7 Million in the just ended 2014. This tells how investments is taking another direction altogether. Kisumu also has very rich and prime pieces of land viable for any manner of investment, be it commercial or residential and of course very expensive. For example, a 1 acre piece of land in the CBD in Kisumu currently goes at Ksh 100Million. This is the same with Milimani, one of the posh and classy estates in Kisumu.  It is evident that with this kind of pricing not any individual can afford such prime lands, except just a few who have money, which again will just do residential.
Apart from those two places, i.e. the Central Business District (CBD) and Milimani, there are also other places in Kisumu where you can get land at least affordable prices. These are Nyamasaria, Riat Mamboleo and Airport. In Nyamasaria for example, a 1 acre land near the road goes for Ksh 20 Million, while one away from the road for Ksh 2.5 Million. In Riat, a 1 acre land goes for Ksh 3-4 Million. However, any which is next to the road would go for a far much higher price than that. Basically, any piece of land in Riat, Mamboleo, Airport or even Nyamasaria, which is near the road, will go for Ksh 20 Million and more. This tells how the property’s proximity to road leads to its price increase.
Investing in Kisumu real estate will soon be something else if you do not flow to its trend as early as now. I bet you, it’s going to be such a lucrative business in the near future. You just need to get yourself a piece of land in and start investing now.

Precautions to take while investing in Kisumu real estate

Precautions to take while investing in Kisumu real estate
Every investor I have met has always had stories to tell concerning the ill treatment they have received in their process of investing in Kisumu real estate. They have always talked of lots of things, top in the list being corruption cases, and forceful land grabbing among many others.
An example is when I heard a known professor in town talking of how his own sons had wanted to grab his own land from him. This they did by processing every document that was needed, including the death certificate. This shocked me, I wondered how possible and how true that can be. I went to do my own research and came up with the following list of precautions which I know can help somebody.
Precautions to be taken so as not to fall prey to evil circumstances
·        Ensure you do quarterly searches to avoid cases of land grabbing
Like I have mentioned above, it is very important that you occasionally carry out searches to ensure that no one is trying to encroach your land. This is important since many times, we have always heard cases where lands are grabbed forcefully from the owners. This they do by processing everything needed without your knowledge, then go to the lands’ board, where there’s the transfer of the ownership from the owner to the buyer. The quarterly searches are therefore very necessary as they assure you that the land is still under your ownership. In Kisumu for example, the search costs only Sh300, and saves you from the entire oppression of your land being forcefully grabbed from you.
·        Make sure that the land or property you are purchasing has a genuine and verified title deed
Many times in Kisumu real estate, there have been cases of buyers complaining of purchasing lands with huge chunks of cash, only to realize later that the documents of that particular land are actually not genuine. This means that the buyer had been conned, and the worst part of it is that these con agents always take off, never to be seen after doing such an evil act. A buyer needs to be careful so as not to fall prey to such circumstances, by ensuring in the very first stage that the document is genuine. This is by carrying out a search at the land’s office. If the document exists in the land’s office, it means that the document is genuine.
·        Ascertain also that there are no cases attached to it whatsoever in the courts of law
It always frustrates when you buy a particular piece of land, only to realize that the land has some disputes, as in, it is being fought or quarreled over by the owners, who can be relatives in this case. This frustrates as it is both wastage of time and resources.
When investing in Kisumu real estate, it is important that you carry out your own research on some of these properties so as not to be a victim of circumstances.

More investment opportunities offered by Kisumu real estate

More investment opportunities offered by Kisumu real estate
Kisumureal estate continues to offer great and wide opportunities for investments in the city of Kisumu. With its widened scope, many investors continue to benefit from it. More investment opportunities are yet to be offered still by this sector.
Talking of the vast opportunities offered by this sector, a lot have been done and a lot still need to be done. There are a number of shopping malls for example, that are in the city. They include the Mega City Mall, West End Mall, United Mall, Dubai Complex Mall, Mega plaza Mall and Tuffoam Mall, among others that are still coming up. These malls have face lifted the city as there are so many developmental projects in them. Such projects include office spaces, bars and restaurants, accommodation facilities, healthcare facilities as well as swimming pools.
Kisumu also is a fishing hub. With this, investors can reap lots of cash. First of all they can come up with a number of cold rooms for purposes of storing fish, to be sold in the near future. Apart from the cold room, there’s also the need for a fish processing plant, which surprisingly is not anywhere near this city. The main purpose of this fish processing plant is to preserve fish, basically by value addition. In the entire process of value addition there’s the chopping so as just to remain with the fish fillets, and the canning, all for purposes of preservation, so that it can take long without spoiling.
Other investment opportunity that an investor can take advantage of is when it comes to the resuscitation of some of the industries that had collapsed some years back. An example of such industries includes the Kisumu Cotton Mills (KICOMI) whose plan of resuscitation is underway. You can grab this opportunity by acquiring a piece of land in Kisumu real estate and also come up with such like industries. Remember, it will provide lots of job opportunities to the locals. A number of them for example, will relocate even from the rural places to come for jobs in the city. This will definitely call for more of rental houses in the city.
With the increase in the number of people living in the urban, there’ll be need for more facilities such as healthcare, supermarkets, and the mobile money transfer systems, including Safaricom Mpesa, Airtel Money and Orange Money. Apart from all these there’ll also be need for expansion of the market places.
Kisumu is also an educational center with lots of middle level colleges, a number of national and county schools and the 2 top performing universities namely, Maseno University and Great Lakes’ University. Due to their high performances, there’s always high enrolment of students. An investor can invest in Kisumu real estate by putting up decent accommodation facilities for such students as well as hotels. With these, you can be sure to reap lots of cash.

As we can see, there are lots of things we can do in this city and still be able to prosper. You only need to take a step and start investing now.

Invest in land for sale Siaya today

Invest in land for sale Siaya today
Land for sale Siaya is one land that an investor can operate so many things on. First of all, it is freehold, meaning that when you buy it for purpose of business for instance, you’ll not pay for so much cash as it would be with the other type of land, referred to as the leasehold.
Siaya County, being an educational center, a tourism site, a fishing hub as well as an agricultural centre, presents vast opportunities for investments. As an educational centre, with the 2 known universities namely Bondo University College and Bondo Teachers’ Training College, there has always been large number of students enrolling. However, there are no sufficient accommodation facilities in the region. An investor can take advantage of this by setting up more of these accommodation facilities and hostels which the students can rent.
Siaya also has a vast population. This is another thing that offers business and investment opportunities for investors, both from within the country and even from outside the country. The vast population which is increasing each and every day requires necessary things which include housing, social amenities and market expansion as well. Talking of housing for example, one can build rental houses in land for sale Siaya for example, and be able to fetch lots of cash from the same. Some people are also putting up their own residential homes in this very same land. The rental houses are in fact needed in large numbers due to the current trend in Siaya, where people are moving from the rural areas to look for job opportunities in the urban centre. This means that there are more people staying in the town than in the rural.
Another thing that comes with the vast population is the social amenities. Social amenities in this case include the schools, health care facilities, roads, financial institutions and the accommodation facilities, which will be able to benefit all the Siaya people.
Siaya also needs big markets and shopping malls. Being a town with tourism sites, there are always visitors visiting purposely to view the tourism sites.  This calls for the need of bigger shopping malls and decent 5 star hotels which can accommodate the visitors.
I had mentioned earlier that Siaya County is also a fishing hub. Among other counties such as Kisumu, Miuru Bay in Migori County and Homabay, Bondo in Siaya County also produces the two common species of fish namely Nile Perch and Tilapia, commonly known as Mbuta and Ngege respectively. Investor can invest in fishing and be able to export to the outside countries, especially in Europe where there’s the large consumption of such species of fish.

One can also set up a fish processing plant in the land for sale Siaya which can hugely help in preservation and value addition of fish, so that even some can be exported by air to other countries, considering the Kisumu international Airport which is just next to it.

This tells how Siaya is very rich when it comes to investments.                               

Wednesday 4 February 2015

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