Property Laws in Kenya

[Xaagi-Cagmadigtee]

How effective are they? Are they on par with western nations, especially American law? Can you buy a property without residency? Is the rental market strong? How is landlord-tenant laws any different from America's?

I am asking because I want to put an offer on few properties, however, I'm concerned about the upcoming election in August.

I got interested in this subject because there was an advertisement on TV where you put $12,000 down and $350 a month for 10 years to pay it off. With these terms, I could buy several properties and rent them out. But how is security and property rights managed in Kenya?

Those are great terms compared to my current city's housing market -- one of the highest in the country.

I graduated from university this week with finance degree, so no one can put a wool over my eyes when it comes to due diligence in vetting financial statements. I want to diversify my portfolio.

Here is the property:

 

[Kaleel]

There's no image.

 

[Xaagi-Cagmadigtee]

Here is a link with more options. I do not know why the image is not coming up on the screen.

http://ramahomesltd.com

 

[XamarCade]

Good luck but I would never buy a property in Kenya, these bantus already feel like Somalis are taking all the wealth and businesses from them and them curry smelling Hindus are hyping them up against us (cause we took over them indians businesses), what's to stop them from purging on u and ur properties? Kenyans have lots of resentment against Somalis success in kenya.

 

[Xaagi-Cagmadigtee]

You are probably right, it is a risky move. This would have been strictly for investment purpose. I have no desire to live in Kenya. Africa has such a potential if only adherence to laws of good governance was the norm.

 

[Deactivated]

Knight Frank is the most reliable source when navigating property investments in Africa.

You can download the 2016 report here for Kenya.


https://kfcontent.blob.core.windows...en/kenya-market-update-1st-half-2016-4105.pdf

 

[Xaagi-Cagmadigtee]

Knight Frank is the most reliable source when navigating property investments in Africa.

You can download the 2016 report here for Kenya.


https://kfcontent.blob.core.windows...en/kenya-market-update-1st-half-2016-4105.pdf

This pdf file talks about market recap and outlook. It is a good start. I will contact content bearer, Knight Frank, for more information including property rights. Thanks.