Owning a vacant land has the lowest expenses in real estate investments because you avoid utilities, pay fewer taxes and fewer mortgages considering that you purchased an empty land. In addition, if you are looking to add into your dimension of investments with something new, then land ownership is the thing for you. You can never go wrong with land.
The land sector within the Nairobi Metropolitan Area (NMA) recorded an 8-year CAGR of 13.5 percent and an annual capital appreciation of 1.5 percent in 2019/20 according to the Nairobi Metropolitan Area Land (NMA) Report 2020 released by Cytonn Real Estate.
According to data from various sources analyzing the Kenyan properties market, these are the leading real estate companies offering land for sale in Kenya dealing in residential, commercial and industrial land. Most of these lots are in Kitengela, Kangundo Road, Kamulu, Malaa, Ngong, Sabaki, Juja and Ruiru.
- Comfort Homes – A newcomer disrupting the property market in Kenya with a host of properties in Kitengela, Mwea and Around Mombasa Road.
- Optiven Limited
- Username Limited
- Safaricom Investment Cooperative
- Knight Frank
- Wezesha Real Estate
- Hass Consult
- Fanaka Real Estate
- Villacare
- Myspace Properties
- Lloyd Masika
- AMG Realtors
For those looking to invest in land, the outlook for the land sector is neutral, with a bias to positively supported by the high demand for development land boosted by affordability in satellite towns, availability of development land, and the improving infrastructure.
Choose among the best real estate company to deal with to ensure trust and legitimacy of land.
