10 factors to consider when buying land
1. Accessibility
Is the plot / land in question accessible? Are the roads accessible? Is public transport accessible?
2. Lease terms
You need to find out whether the lease is freehold or lease hold. If it is Lease hold, from when is it effective? Be careful not to buy a plot that the Lease has expired or near expiration without your knowledge.
3. Development / Soil type
Is the development within the location controlled? If controlled, is it applicable to your desire in terms of budget and need? Does the soil type suite your need? For example, If looking for a farming land, one cannot go for just any type of soil.
4. Land User
Confirm whether the Land use is residential or commercial depending on your need. Also inquire if the User can be changed.
5. Papers/Documents
Are the documents / papers in order? MUST DO – Search in the lands office to confirm the ownership of the plot and if it’s genuine. Is the title deed, deed plan available? Are the land rates paid up to date?
6. Price
You have to do a research and find out if the sale price is inflated or favorable compared to the location?
7. Budget
Consider sourcing for land in locations that matches your budget. This saves time and resources. Your agent can help with this.
8. Security
Ensure that there is security in the location you intend to secure a plot.
9. Legality
Have your Lawyer to ensure that the sale is done in accordance to legal rules and regulations. The seller can have his/her lawyer but it is advisable for the buyer too to engage his/her lawyer in the sale transaction.
10. Real Estate Agent
An agent is important in the process as through their experience, exposure and knowledge, can assist in finding your desired piece of land fast and ensure a smooth and genuine sale transaction.
If you are sourcing for a plot of land to buy or let, consider looking at the below.
Prime plots for sale Kisaju Namanga Road Kenya
Three prime plots / land for sale located in Kisaju Kenya 50 meters from tarmac (Namanga Road) behind the new Yukos Petrol station. Read More
3.5acre plot / land for sale on main road Ukunda South Coast Kenya
NOW SELLING AT HALF PRICE! Kshs. 1.3Million
The Land is in Ukunda, Msabweni road on the 2 row from the main high-way road, South Coast Mombasa Kenya. Ukunda main road heading to lunga lunga its just 5 kms from the end. On the right hand side is the land allocated to Ramisi sugar factory, Kwale International Sugar Industrial (near Ukunda police station) and Zigira primary school. Read More
50 x 100ft plots for sale Juja 2km off Thika Supper Highway Kenya
The property is set on a vast 10 acres in the refreshing and natural landscape of Juja enjoying expansive view. The property is divided into 69 plots which offers a breath of fresh air whilst setting a new standard of living in Juja.
Divided into 68 plots of 50ft by 100ft and a 1⁄2 acre Plot for a school
The price for a 50ft by 100ft plot is Ksh. 1.9 Million which is negotiable
The price for the 1⁄2 acre plot for a school is 3.7 Million also negotiable
Pay 30% deposit and get 70% Financing at a fixed interest rate of14.9% p.a within a
repayment period of 2-3 years Read More
Contact us for inquiries or more information