Hey there! It’s Lynn again! As your trusted land investment consultant, I’ve seen it all when it comes to buying land in Kenya. That’s why I’m here to help you avoid the red flags that could turn your investment dream into a nightmare. Here are some things to look out for:
Suspiciously low prices
If the land is being sold for a price that seems too good to be true, it probably is. Trust me, I’ve seen buyers get burned by this one.
No title deeds
A title deed is like a birth certificate for your land. If the seller can’t produce one, that’s a major red flag. Even when buying from a real estate company, please ask for a copy of the title deed and make sure that they have complete ownership of the plot they are selling.
Land disputes
Check to make sure there are no disputes over the land you’re interested in. If there are, it’s best to steer clear. This is why a search is very important. It is Check out our previous blog on what a search is and why it is important.
Unreliable agents
Some agents will do and say anything to make a sale. Look for a company with a good reputation and track record; Zenawi Real Estate has a flawless track record which is backed by client which is backed by client testimonial. This information is available on the testimonial section on our website.
Hidden fees
Make sure you know exactly what you’re paying for. Some sellers will try to sneak in extra fees after you’ve agreed on a price. Confirm whether title transfer fees are included in the asking price or not.
No access roads
Without access roads, your land is pretty much worthless. Make sure there are good roads leading to the land before you buy.
Lack of utilities
If the land doesn’t have access to basic utilities like water and electricity, it will be difficult to develop or resell. Choose instead to buy land with all basic utilities available.
There you have it, folks. By keeping an eye out for these red flags, you’ll be well on your way to a successful land investment in Kenya. And if you need any help along the way, don’t hesitate to contact Zenawi Real Estate. We’re here to help you make the most of your land investment opportunity in Kenya. Till next time, buh-byeee!