Property News for Kenya

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More Mortgages for Property in Kenya

More Mortgages for Property in Kenya

Good news for the property market in Kenya this week, more mortgages for property in Kenya are now available from leading local lenders and the choice of mortgage and refinance products available has also improved.

The availability of greater financing, more flexible products and an increase in the number of lenders offering finance to buy property in Kenya should improve the market and the overall real estate economy…but according to local property industry insiders there are ways that lenders can improve things still further.

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Potential Pitfalls When Buying Property in Kenya

As with any truly emerging market there are potential pitfalls when buying property in Kenya that an investor needs to be fully aware of if they are to successfully buy land or real estate and make a profit from it or raise an income with it.

Currently the Institution of Surveyors of Kenya and the Kenya Land Alliance have joined forces to try and ‘encourage’ the Kenyan authorities to recognize and target the main issues affecting investors which include title deed forgery and difficulty securing bank loans; we examine the issues, the ongoing work being done to make the property buying process more transparent and the ways investors buying property in Kenya can protect themselves.

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Excessive Taxation Crippling Kenya’s Property Market

There will be tough times ahead for the Kenyan property market when the government’s proposed reintroduction of capital gains tax comes into effect in January next year.

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Kenya Property Index to be Introduced

Kenya is the second African nation to recognise the growing requirement from international property investors for a complete and honest property index on which they can base their investment decisions. 

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