Guide to buying Land in Kenya

What are the payment terms for properties?
For most properties, payment is in form of a 10% deposit and the balance within 60-90 days. Payment can be in form of cheque, banker’s draft or telegraphic transfers.

How can I obtain financing in Kenya?
Financing for purchase of a property can be obtained from Banks, Building Societies or Mortgage   Companies in Kenya.

How does a non-resident buy property in Kenya?
The best and the easiest way to buy property as a non-resident is to appoint a lawyer in Kenya who can act on your behalf. Your lawyer will arrange to have the sale agreement signed by you and will also undertake to get the title of the property transferred into your name.

What is the difference between a freehold and a leasehold title? What effect does this have on the property or the purchaser?
A freehold title gives the owner absolute proprietorship over the land in perpetuity. Leasehold property is held on a government lease for a specified period, usually 50 or 99 years. At the end of this period, the landowner applies for an extension of the lease, which is usually granted. The extension process takes approximately 6 months.

Both freehold and leasehold land is subject to City Council Rates which is usually a fraction of the unimproved site value. However, leasehold is further subject to Land Rent, based on the size of the land.

Although a freehold title would be of distinct advantage, a leasehold title bears no specific disadvantage to the purchaser. However, in applying for loans or mortgage finances, most financial institutions require a remainder of at least 50 years on the leasehold. This may be something to watch out for.


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