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.