Finding the perfect home in Nairobi can be challenging, especially when looking for a balance between affordability, convenience, and modern design. The newly built 2-bedroom apartment for sale on Ngong Road offers all these and more, making it an excellent choice for homebuyers and investors. Situated in a prime location, this apartment is part of a well-planned residential development designed to...
Buying a home is perhaps one of the biggest financial decisions most Kenyans will ever make. The median home value in Kenya, according to the Kenya Bankers Association, varies from KSh 10 million up to KSh 20 million, depending on location and the type of property. Most people don’t just have this amount in handy cash, and hence, a mortgage may be required in the home-buying process. Here are the key...
Stamp duty is a compulsory tax that the Kenyan government levies on specific legal documents, such as property deals. For property transactions, Stamp Duty is an important facet of the process as it ensures that documents are legally binding. This tax provides government revenue and formalizes the transfer of ownership of properties. Legal FrameworkThe imposition of stamp duty on property transactions...
One of the biggest concerns of foreigners is whether they can buy property in Kenya. The Kenyan Law allows foreigners to own property anywhere within Kenyan borders. Whether you are an Expatriate, a diplomat, an asylum seeker, or even a student, as long as you meet the legal requirements, possess the needed documentation, and are financially capable, you are good to go. As you are reading this, you...