The Kenyan real estate sector has experienced remarkable growth over the past decade, driven by urbanization, population growth, and increased demand for residential, commercial, and mixed-use developments. However, despite its potential, many Kenyans face significant challenges in securing financing for real estate investments. These obstacles affect both individual homebuyers and real estate developers,...
Buying your first home is an exciting milestone, but it can also be overwhelming. With the right guidance, you can navigate the Kenyan real estate market confidently and make informed decisions. In this blog, we’ll share essential tips to help first-time homebuyers in Kenya successfully purchase their dream home. Set a Budget and Stick to It Before you start looking for homes, it's crucial to...
On June 21, 2022, Kenya’s President signed the Finance Act, 2022, into law, setting in motion several key amendments to Kenya’s tax framework. One of the most notable changes was the increase in the Capital Gains Tax (CGT) rate from 5% to 15%, effective as of January 2, 2023. This hike is expected to affect Kenyan real estate investments significantly, especially for property management companies,...
Knight Frank Kenya Ltd Founded in 1896 and headquartered in London, UK, Knight Frank is the world’s largest privately owned global property agency with an expanding network of over 384 offices in 51 territories. Established in March 1998, Knight Frank Kenya has over 20 years of experience and is renowned for marketing some of the best properties in Kenya. With a growing team of 160 experienced...
The first thing that probably pops into your mind when you hear the word “corporate housing” is a businessperson decked out in their professional suit, briefcase in one hand and a plain black suitcase in the other, obviously on a business trip and checking into an apartment. Corporate housing isn’t just for working professionals, it also provides those looking for a short-term rental, whether...
Real Estate practice like any other profession is bound by a number of regulations some that are in the property law in kenya pdf. To be enlisted along the list of registered real estate agents in kenya one need to comply with the kenya real estate developers regulatory board, Estate agents registration board (EARB) amongst other. Constitution of Kenya 2010 The Constitution of Kenya, being the supreme...
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