Kenya was always and yet still remains one of the greatest places in East Africa and in Africa in its entirety for investment. The Country still attracts foreign investors because of its fertile lands and also other viable opportunities. Kenya real estates sector recently made a mark as among the most attractive investment opportunities in Kenya catching the attention of both local and foreign investors.
A number of factors are the reason for the Country’s economic and real estate standing. Highlighted below are a number of the attributes that make Kenya being prominent in the context of investment and economic development;
Enhanced security- Security is amongst the things which any business person needs a guarantee on before adhering to an investment venture. It is because when there’s an outbreak of robbery attacks just for instance, the target is normally 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 investing in places that are easily accessible for through so, they are able to reach their clients with much ease. Improvement of infrastructure in Kenya has always been in process and this has always given a nod of approval to investors that entire infrastructure is something being labored on.
Accessibility to land and commercial premises at fair prices- Kenya real estates always ensure that they give their properties and land to their investors at cheap prices. It is mainly to pull them to put their money in the sector. This, for years has enabled them work so well with their investors because of the good and established rapport. Following this, a great number of investors are constantly recorded yearly to have invested in the real estate sector.
Support from the national government- The full support provided by the government of Kenya has immensely helped the growth of real estate industry in Kenya. The support is in various ways including improvement of infrastructure so to enable easy transportation of goods all over the country and also inside the country. One other way can be by enhancing security and as well by leasing out lands to be rented by the investors at lesser costs. Besides the support made available by the government, the sector has also received support from the citizens, who've always provided help by giving themselves for just any kind of services needed by the investors, helping in beefing up security among numerous other supports.
Flood of investors- another factor that makes real estate rank top in the list of top ranked sectors is the continuous stream of investors who are initiating businesses in the Country. The wide variety of investors coming in for businesses in the Country has led to a large number of developments, hence making the sector record the high profits.These are generally a number of the factors that contributed to the upper ranking of Kenya real estates and of course the consequent inflow of more investors.