Investing in real estate is a lucrative venture, and Kenya’s vibrant property market offers promising opportunities for first-time investors.
Land owners have become overnight millions after roads were tarmacked in most locations. Investing is simple and seamless if you follow the following tips;
Set Clear Investment Goals:
Determine your investment needs. Do you need residential plots to build your home, or commercial plots. Some investors buy plots to sell later at a higher price.
Partner with Reputable Professionals:
Once you determine your needs, partner with a reputable real estate company, to understand the current prime locations and prices that align to your needs. Fanaka Real estate has been operational for over 7 years, having delivered over 15,000 title deeds. Contact them: https://wa.link/b0yz4f
Choose Location
Choosing a location that befits your goals, ensures you achieve your investment dreams. Kamakis, Murera, Juja Farm, & Kenyatta road, are the top 4 locations to invest along Thika road.
Ensure to visit the locations to assess their accessibility, available social amenities such as schools & hospitals, and current development in the area.
Understand Financing Options:
Understand the payment methods available to purchase the land. Fanaka Real Estate allows clients to pay in installments, or using bank loans to fund the purchase of land. You can buy jointly with family or as a chama.
You can now own plots in Kamakis, Ruiru with Fanaka if you earn less than 100k
Celebrate Your Achievement
Once you buy your first property, celebrate your achievements.
Diversify Your Portfolio:
Diversify your real estate portfolio by investing in different types of properties and locations. It helps mitigate risks and balance your investment. Reflect on your experiences, successes, and challenges to refine your investment strategies.
By following these tips, first-time real estate investors in Kenya can embark on a journey towards building a successful and profitable property portfolio.
Remember that seeking advice from experienced investors and continuously educating yourself about the market will play a crucial role in your long-term success. Click for more offers: https://wa.link/b0yz4f
