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Purchasing Situation: CBD – 3 Room Loft in Nairobi, Kenya

Purchasing Situation: CBD – 3 Room Loft in Nairobi, Kenya

As the process and costs of buying real estate in Kenya can vary by location and property type, this scenario helps explain one of the most popular real-estate investment options: a 3 cbd tackle com apartment in the CBD of Nairobi.

Buying any real estate in Kenya is an easy process guided by Kenyan property laws and regulations. Be it as it may, the process will often differ slightly based on the type of property you want to buy and how you are going to finance the property investment. Location is always a factor that can change the process of buying property in Kenya with those located in urban settings requiring additional authorizations and documentations than those in rural areas.

Being a minefield of inefficiencies and bureaucracy, buying property in Nairobi should be approached with caution and it is important for you to be aware of the numerous loopholes that you need to jump to obtain your desired property.

Steps guiding the purchase of a 3BR apartment in Nairobi’s CBD

1. Contract a real estate agent (commission of 5.51%)

2. Hire a lawyer (rate of 1.5%).

3. Pay deposit (10-30%)

 

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