If you are a Kenyan living abroad and looking to invest in property back home, buying land in Kenya can be a great investment opportunity. With a little bit of guidance, you can easily navigate the process and become a proud landowner in Kenya.
Here’s a step-by-step guide to help you buy land in Kenya while in the diaspora:
1. Identify the location
Do your research and identify the area where you want to buy land. Some popular areas for land buying include Juja Road, Kangundo Road and Matuu.
2. Work with a reputable real estate agent
Look for a reputable real estate agent who can help you navigate the process and find the right property. It’s important to work with someone who has experience in dealing with buyers in the diaspora.
3. Verify ownership of the plot
Before making any payments, ensure that the person selling the land is the rightful owner. You can do this by requesting for the title deed and conducting a search at the Ministry of Lands.
4. Conduct a site visit
It’s important to physically visit the property to ensure that it meets your expectations. If you cannot make the trip, ask a trusted friend or family member to do the site visit on your behalf. You can also request for virtual site visits to help you further familiarize yourself with the place.
5. Make payments
Once all the due diligence is done, it’s time to make the payment. You can make the payment through a bank transfer or through a trusted payment platform like M-Pesa.
6. Sales Agreement
Make sure you receive a copy of the sales agreement after completion of payment. The sales agreement should detail your correct name, ID number, Title number and plot number; as well as the seller’s details. This should serve as proof of purchase.
7. Transfer of ownership
This process can takes about 3 to 4weeks, so it’s important to be patient. This is a process the real estate company will go through on your behalf.
It’s important to note that as a Kenyan living abroad, you have the same rights as Kenyans living in the country when it comes to buying land. However, it’s important to work with reputable professionals and ensure that all the necessary due diligence is done before making any payments.
In conclusion, buying land in Kenya while living abroad is possible with the right guidance and support. So, go ahead and start your search for the perfect piece of land for sale in Kenya and make your dream of owning a piece of Kenya a reality!