Top Land Selling Companies in Kenya: The number of Kenyans venturing into the Real Estate business is increasing exponentially mainly as a result of high profit margins gained from successful sale of land, properties or buildings. In the same vein, more and more Kenyans are turning their dream of owning a piece of land or property into reality. However, the quest to own property has also seen the rise of unscrupulous real estate dealers who have siphoned billions from unsuspecting buyers. As a result, the big question becomes: What are the top, credible real estate companies that one can ride on to own land or a home? Let us take a look at the five top land selling companies in Kenya today:
- Username Investment
Username Investment Limited is an established Kenyan-based real estate development and investment company. The company focuses on providing strategic, value added and affordable land to the current and upcoming generations.
It began operations in 2013 having identified a gap in the real estate sector where majority of investors were unable to access properties due to the high prices charged. “We came in targeting the young population aged 20-35 years who are in their first or second employment earning looking for investment opportunities within their incomes,” says Username in a statement.
- Fanaka Real Estate Company
Fanaka Real Estate was registered and incorporated as a limited company in June 2016. The company is located along Kangundo road in Ruai Town. It is among the most preferred real estate companies in Nairobi. Over the past three years, the company has established itself as the company of choice for many Kenyans looking to acquire land, especially due to its presentation of ready title deeds upon acquisition.
The company is more favorable for low-income earners due to the affordability of its plots. For instance, the company sells an eighth (1/8) of an acre in satellite towns such as Kamulu, Joska and Malaa at prices as low as Sh. 528,000.
Interestingly, the plots that Fanaka sells are located close to the Nairobi Central Business District (CBD). Their projects are located along Kangundo road and within a radius of 39km from the CBD. Kangundo road is currently under expansion to be made dual carriage from Caltex all the way to Malaa town.
These plots are also suitable for immediate development with amenities such as water, electricity, all weather roads. Fanaka Real Estate Company has also distinguished itself by offering flexible payment options. For example, as a buyer, you can get a piece of land without paying the whole amount. “We allow our customers to pay for their preferred plots in small installments. Our aim is to empower rather than put a strain on the customer’s pockets,” says Fanaka in a statement. “In all our properties we ensure we put a perimeter fence, put a steel estate gate, grade the access roads and install water and electricity to make the properties ready for construction.”
- Optiven Group Limited
This real estate firm was started by entrepreneur George Wachiuri. The company’s arm’s flagship product is Transformed Plots, which are particularly enhanced to suit immediate residential settlement, commercial purposes and futuristic capital gain. Optiven Real Estate is a one-stop shop offering a two-step model for home ownership solutions to its customers. The company, which aims at creating over 30, 000 direct employees by the year 2030, has continued to be a differentiated and trusted name that regularly receives accolades both inside and outside Kenya. “We seek to deliver real estate solutions at a personalized level and become a market leader in providing lands and plots for sale that have value additions,” the company says in an investors’ note.
- Kamuthi Housing
Kamuthi Housing Co-operative Society is an organization that helps and facilitates real estate investments for its members. The investments include plots and land for sale in Thika, Ngoliba, Ruiru and other environs. The Co-operative offers a number of services including; acting as agents in property business, development of property and other value addition services such road works, water and electricity reticulation, and construction of residential houses and commercial centres. The Co-operative currently has over 6,800 members. Apart from selling of land, buying large tracks of land and subdividing for sale to individuals, the company also provides value addition options for its plots.
5). Villa Care Limited
Villa Care Limited is a real estate services firm in Kenya. The firm, duly incorporated under the companies Act Cap 486 in 1994, began operations with a team of only four members of staff but has now grown to over two hundred and the initial five clients have multiplied many times over. The firm offers a wide scope of real estate services, particularly specializing in real estate consultancy, management and sale of residential properties and a variety of commercial properties in Nairobi, Mombasa and East African region.