How do I buy land in Kenya?

Here are legal steps to purchase land in Kenya:

1. Searches and inspection of the title.
2. Preparation of offers and price negotiation.
3. Sale agreement and deposit payment.
4. Payment of land rates.
5. Transfer documents and consent to transfer.
6. Payment of Stamp Duty.
7. Registration of transfer.
8. Exchange of documents.

How much does it cost to buy a land in Kenya?

By the end of 2017, the average land price in Nairobi was Sh189m ($1.89m)an acre.

What you need to do before buying land?

Here are the do’s and don’ts of buying vacant land:

1. Do work with an agent to find the land.
2. Do have your finances in order.
3. Do consider the value of homes in the neighborhood.
4. Do take utilities and road access into account.
5. Do consider incentives.
6. Don’t expect to get a loan.
7. Don’t skip the environmental tests.

How do I pay for land in Kenya?

A land search costs Ksh 500 and can be paid using M-PESA, Credit card or with a debit card. All landowners are expected to register their contact details with the ministry of land by inputting their full names, ID number, and title deed number in the digital platform.

How much is the cost of 1 acre land?

Perhaps the largest factor that determines land value is location. There are 1.9 billion acres of land in the contiguous 48 states, and the average value is about $12,000 per acre. However, this ranges from a low of $1,558 per acre in Wyoming to $196,410 for the average acre of land in New Jersey.

Is buying land in Kenya a good investment?

Land is a finite resource, this makes land ownership a great form of investment. The process of owning land can be daunting. However, once acquired, the returns are great, especially if you buy land in an area that is expected to experience expanding demand in years ahead.

How long does it take to buy land in Kenya?

These documents include the consent transfer, land rent clearance certificate, rate clearance certificate, and the original title deed. This process usually takes up to 12 days to complete, after which the ownership of the land in question is considered to have legally changed hands.

Who can own land in Kenya?

Foreigners can own property in Kenya in their name. The Constitution (2010), the Lands Act (6/2012) and the Land Registration Act (3/2012), subject to certain limitations, grant the right to any person, either individually or in association with others, to acquire and own land in Kenya.

How long does it take to sell land in Kenya?

The old title deed should be taken to the ministry of land to change land ownership. The process takes two weeks and costs 5000.

How much is a title deed in Kenya?

The certificate cost around Kshs 10,000. Apply for a search on the title deed which takes not more than 3 working days at a cost of Kshs 500. The seller then needs to apply for and obtain the consent to transfer from the National land commission. The document costs about Kshs 1,000 and takes not more than 2 weeks.

How do I register land in Kenya?

What you need

1. The original copy of valuation report.
2. Both original copies of stamp duty assessment form and payment receipt.
3. Rates clearance certificate.
4. National ID and PIN for all parties.
5. Coloured passport size photographs of all parties.
6. Clearance From commissioner of lands or land control board.
7. Original title deed.

How do I find land titles in Kenya?

How to do an online land search in Kenya

1. Log onto the e-citizen portal and sign up.
2. Click on Ministry of Land, Housing & Urban Development link and choose the land search option.
3. Enter the title number and fill the online land search form Kenya and submit.

How many acres is 5 acres?

An acre is a unit of area or land measurement that equals a square with the dimensions of 66 x 660 feet which equals 43,560 square feet. An acre is also considered to be . 405 hectares or 4840 square meters. 5 acres would equal 43,560 x 5 = 217,800 square feet or 0.02 square kilometers.

How long is an acre?

1 acre is approximately 208.71 feet × 208.71 feet (a square) 4,840 square yards. 43,560 square feet.

What is the size of a 1/2 acre lot?

An acre is 43560 square feet so half an acre is 43560/2 = 21780 square feet. If your 1/2 acre plot of land is a square with area 21780 square feet then each side is of length √21780 feet.

Which is the best place to buy land in Kenya?

8 Places To Buy Land At The Cheapest Price In Kenya

• Namanga. Kajiado county, mainly for Agricultural(Greenhouses), residential and commercial development.
• Machakos. From Athi River Towards Makutano Junction.
• Kitengela. Towards Sifa Farm for residential development.
• Nanyuki.
• Nakuru.
• Taita Taveta.
• Kiserian.
• Ngong’

Why do we buy land?

Another important reason why buying vacant land makes sense is the fact that it is easier and cheaper to hold for longer period of time. One of the factors required to profit from your real estate investment is time. The longer you are able to hold on to the investment, the higher your chances of making a good profit .

Are rentals a good investment in Kenya?

Investing in the Kenyan real estate market is a great way to secure your family’s future. It provides a steady income flow compared to other volatile investment options like shares. But it doesn’t come without risks.

Can a non citizen buy a house in Kenya?

The simple answer is yes, non-citizens can own property in Kenya and enjoy all legal rights and protections that Kenyan citizens enjoy, however they are subject to restrictions with regard to the kind of tenure they can hold in land and are also prevented from owning or dealing with agricultural land.

What is freehold land in Kenya?

TENURE SYSTEMS IN KENYA
There are two types of land tenure system in Kenya: a) Freehold: It is the greatest interest a person can have on land as it gives the holder absolute ownership of the land for life. This means descendants can succeed the owner for as long as the family lineage exists.

Can American buy land in Kenya?

Kenya is a democracy, working in the confines of a written constitution that clearly dictates and gives legal right to foreigners to buy and hold land in Kenya. The ownership is however limited to a leasehold tenure not exceeding ninety-nine years, that can then be renewed after it expires.