Home » The ABC of Real Estate Investment in Kenya: The Law, The Logic, The Math by Kariuki Waweru
The ABC of Real Estate Investment in Kenya: The Law, The Logic, The Math Kariuki Waweru

The ABC of Real Estate Investment in Kenya: The Law, The Logic, The Math

Kariuki Waweru

Published May 11th 2014
ISBN :
Kindle Edition
122 pages
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 About the Book 

Nairobi and Mombasa are the leading prime property performers in the world, according to an international survey. The annual Wealth Report published by Citi Private Bank and Knight Frank, says that luxury homes in Nairobi and the Kenyan coastMoreNairobi and Mombasa are the leading prime property performers in the world, according to an international survey. The annual Wealth Report published by Citi Private Bank and Knight Frank, says that luxury homes in Nairobi and the Kenyan coast (Mombasa, Malindi and Lamu) were the best-performing prime residential property markets in the world in the year 2012. Out of the 71 best prime residential property locations surveyed, the Kenyan capital, Nairobi recorded the highest growth with a 25% increase for high-end residential properties.The Kenyan coastal resort towns came second with a 20% increase.Miami came third at 19.1% in the survey followed by Bali (15%), Jakarta (14.3%), London (12.1%), Vancouver (10.4%), Moscow (9.8%), Toronto (8.5%) and Beijing (8.1%) in the top-10 positions. Cape Town, came in 21st position with a 2.4% increase.However, even with such remarkable growth, you can go VERY wrong with investing in real estate in Kenya. You can lose ALL your savings by buying “air” in the name of land. This book helps you understand all the basics before you get started on real estate investment in Kenya. In easy to understand language, this book explains the Law relating to real estate in Kenya, the Logic that you should apply before making a purchase and the Math that you need to do to make an informed judgment.This book borrows heavily from the Laws of Kenya, the author’s experience as a real estate consultant in Kenya and his University study notes.