Tuesday, February 17, 2015

What makes Kenya real estates best suited for investment?

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.

Sunday, February 15, 2015

Factors To Consider With Kenya Real Estate

Real estate sector has become a boom for investors looking to make quick bucks in a short while. Most investors are jostling to have a stake in the promising sector of Kenya real estate. However one should evaluate his short and long term goals and find out what he intends to achieve out of that particular investment.
If you're thinking about investing in real estate to make money, you need to first determine your financial goals. Do you need to make money quickly, invest for your children's college fund, or build wealth for your retirement? Once you determine your financial goals, you need to decide which type of investing strategy works for you.
If you're low on cash, get started by finding a bargain house and selling the contract to another real estate investor. Join a real estate investing club to find investors willing to pay you for finding good deals. This way you are able to raise more cash to put into whatever investment you have set your eyes on.
If you want to increase your monthly income, look for income property that returns a positive net income from month to month. Start with single family house. Look for a bargain below market value. Fix up the house to generate top rental income. Find houses that will rent for more than your mortgage payment. You may need to go out from your home area to a location that supports this type of return on your money. For instance you can't pay kshs 30,000 for a home with a mortgage of kshs15, 000 that only rents for kshs10, 000. You might start with a home for around kshs30, 000 that rents for kshs17, 500. You will need good credit to get a loan with good interest rates. In a few years, your rental income should go up. Many Kenya real estate investors enjoy thousands of shillings each month generated by income property.

However, some investors don't like dealing with tenants and prefer to make money in other real estate ventures.

If you want to make money focusing on profits, investment property offers a different strategy. Instead of worrying about rental income, look for property that you can transform and sell or property that will appreciate significantly over time. Besides fixing a house up, you can transform a property by changing it. For instance, some investors buy apartment buildings and turn them into resorts. Many investors speculate in land and make money by holding the land until new development in the area increases the value.

Examine your financial situation along with your long term goals. You can get started by flipping properties, move onto income properties, and then make larger profits with investment properties. You might end up using a combination of all three strategies to make money investing in real estate.
With good evaluation of goals and aims for investment and proper consultation, investing in Kenya real estate can be one of the most ideal decisions that an investor can never rue on.

Thursday, February 12, 2015

Why you should invest in Kisumu real estate in Nyamasaria

Why you should invest in Kisumu real estate in Nyamasaria
Kisumu has today totally changed. It has really developed in so many ways, such that, in the recent coming years, it’ll be like Kenya’s capital, Nairobi city. There are a number of things that has led to the evident growth of Kisumu city, one of them being the Kisumu real estate investment.
There are a number of things that an investor can invest in, in this sector, one of them being commercial investments. Talking of commercial investments in Kisumu real estate, there are top ranking places where you can put your business in. One such example is Nyamasaria. Nyamasaria is an estate located off Kisumu-Nairobi road. There are so many pieces of lands that can be bought in this place. It is a place that is rich for commercial investments.
Just recently, there have been several enquiries from investors, both local and foreign, about land in Nyamasaria. Normally, when there are such frequent enquiries from investors about a particular land or property, it means that there’s business opportunity in that area. This is typical of Nyamasaria.
Now, there are a number of things about Nyamasaria that makes it potential for such opportunities.
·        There are lots of investments- there are a lot of investments going on in this place. Top in the list of some high end businesses in Nyamasaria is the Dubai Complex shopping mall, which has a number of things in it. One of the biggest restaurants in Nyamasaria, found in this shopping mall is the Royal City Hotel, which belonged to the late Fidel Castro Odinga, son of the former Prime Minister Raila Amolo Odinga. Other things include supermarkets, such as Ukwala, clean, secure and affordable accommodation facilities, boutiques, swimming pools, chemists and clubs. There are also the different mobile money transfer systems namely Safaricom Mpesa, Airtel Money and Orange Money as well. You can invest in Kisumu real estate in Nyamasaria and be able to make a lot of money.
·        It is open and enlarged, hence no limitation- the expansion of Kisumu town has made Nyamasaria a very open and expanded place. Like I mentioned earlier, it is a place with lots of pieces of land. The many constructions and developments going on have made it look more modern and spacious, where you also can find a place and put up your business.
·        It has a big population- there are many people residing in Nyamasaria today, especially due to the fact that it is developed. This big number requires certain things such as the additional number of supermarkets, accommodation facilities, rental houses, financial institutions as well as learning institutions. Originally, Nyamasaria never used to be like it is today. It was more of a village. Many people that lived there were peasants. Thanks to the investors who have today changed its face, as a result, people have come to do businesses as others have also built rental houses, making it a habitation for middle class people today.

With these much, you now have at least a reason as to why you can also consider investing in Kisumu real estate in Nyamasaria.

Wednesday, February 11, 2015

Invest in Kisumu real estate in Nyamasaria and get high returns

Invest in Kisumu real estate in Nyamasaria and get high returns
Nyamasaria is one of the estates in Kisumu city with vast pieces of land, all of which are viable both for commercial and residential projects. Currently, a one acre plot in Nyamasaria near the road goes at around Ksh 20Million, while that which is away from the road goes at around Ksh 2.5 Million. This may however seem expensive, but the truth is, the earlier you acquire it the better. This is because in the near future, land prices will be doubling as some will shoot to higher costs.
There are some places too in the city where such lands can be acquired. Such places include estates like Kenya Re, Lolwe, Mamboleo, Riat, Nyalenda, Lumumba, Obama, Kibos and Migosi. The interesting thing with such places is the fact that the prices of their lands range at least from Ksh 3 to 4 Million per acre. This is however different with the way the prices are in the CBD and also in Milimani estate, one posh and high class estate in the city. An acre for example here in the CBD or in Milimani estate goes at Ksh 500 Million. In fact, as it is now, most corporates, e.g. banks, multinationals, hotel chains as well as the UN bodies are planning to put up their businesses outside the central business districts to avoid the congestion and the high amount of money they pay as rents.
Back to Nyamasaria, like I said, it is a place so rich and full of potentials for investments.
There are some factors that will make you reap high returns if you invest in Kisumureal estate in Nyamasaria.
They include;
·        Good road network
Nyamasaria is located off Kisumu-Nairobi road. It is open and spacious. Of late, there have roads under construction in the region. This helps in the transportation of goods in and out of the city. This step has not only helped in the transportation of goods in and out but has also helped increase job opportunities for the locals as well as opportunities for investments. With the repair of the roads also, investors can now be assured of efficient and safe transportation of their goods in and out of the city.
·        Good for both residential and commercial purposes
Due to the plan to expand and extend the city, Nyamasaria has benefitted by a section of it becoming part of the city. As a result of this, there have been several developments. An example is the Dubai Complex mall, which is second to none in the entire Nyamasaria, housing a number of things such as supermarkets, restaurants, accommodation facilities, healthcare facilities, boutiques, clubs and beauty shops. As a result of these developments, many job opportunities have been created and this has led to people shifting from the rural areas to the urban centre. Also, being part of the urban centre, several people have built their own homes as others have also put up rental houses.
·        Has tightened and beefed up security
Nyamasaria has a few police posts, which help in manning security in the area. For a long time, there have been rare cases of insecurity in Nyamasaria. This has made investors pick Nyamasaria as their place of choice, to put up their businesses.
You also can invest in kisumu real estate in Nyamasaria and earn lots of cash.