Real Estate in Kenya
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THE KENYA TRAVEL GUIDE now
recommends this London based Real Estate Agent specialized exclusively in
property,real estate,commercial estate,residential estate,commercial
property ,residential property in Kenya and East Africa.More than 10 years
Real Estate experience in Kenya .Based in London , connecting Kenyan
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Connecting genuine solvent buyers to genuine property owners in Kenya and
East Africa . Hundreds of properties available . Get registered now
and mailto:webmaster@dianibeach.co.uk
 NEW
Villa Jua Cali for Sale KENYA MALINDI
Buying a property abroad ?
As holidaymakers relax on a foreign terrace the conversation will
inevitably touch on how nice it would be to own a place in the sun. The
number of Britons owning overseas homes has soared over the past decade,
but the pitfalls involved in turning aspirations into real-life bricks and
mortar remain. But whether you are buying in Kenya or Madrid
there are some simple rules to follow that can make the process go as
smoothly as possible.
1. Research, research, research
If you are seriously considering buying a property abroad you need to
do research – and a lot of it. The internet means there is no excuse for
not taking advantage of the wealth of information at your fingertips.
Investigate the countries and areas you are considering and see what is on
offer. Any website owned by a property-related business is interested in
getting you to buy. Look at community websites run by expats or those who
have holiday homes in the area as well. There are countless internet
forums run by people who have taken the overseas property plunge. Reading
about other peoples' experiences will give you an idea of the potential
problems of buying in your chosen country, and any extra expenses you're
likely to incur. There are also hundreds of companies that, for a fee,
will help you buy a home on the Continent. If this is a route you're
considering, investigate them carefully before choosing to give them your
hard-earned cash as they're not all particularly reputable.
2. Get your finances sorted
Funding the purchase of a home abroad can be done in a number of
different ways. One of the most popular means is remortgaging a British
home to release cash to buy a second home. The advantage is that borrowing
is all from one place and repayments will be made in the currency you are
paid in. Some lenders offer special overseas purchase mortgages and Abbey
uses its link with parent company Banco Santander to offer a Spanish
mortgage, paid in euros. If you are looking for assistance, it is possible
to borrow in a variety of countries through a specialist overseas mortgage
broker. Brighton-based broker Conti Financial Services can find mortgages
for countries ranging from Poland to Australia and offer further expert
advice to purchasers. Bear in mind currency fluctuations will affect your
repayments
3. Visit where you want to buy
Getting to know the area is essential and a number of visits before
buying is ideal. Investigate the area without an agent in tow and then
make plenty of bookings to view properties. Don't fall for the hard sell
and if you see a property you like make sure you have a cooling off period
to discuss its pros and cons. Don't get carried away with the romance of a
particular Spanish villa. Approach this purchase with the same caution as
you would with a house back in Britain and ensure you get the appropriate
checks and surveys done before handing over your money.
4. Get the experts in
Different countries have different property laws and regulations, so
it's important that you find a good, fluent English-speaking solicitor who
is not connected to your seller, estate agent or property developer. They
should be used to dealing with overseas purchasers and go through all the
possible fees, taxes, insurance issues, local authority rules and any
possible pitfalls. The laws and procedures involved with every aspect of
the housebuying process are often different to British laws, so make sure
your solicitor's local knowledge is excellent. The local tourism office
will be able to give you a list of solicitors and it's important to visit
a few before choosing. If you have bought a plot of land and are having a
property built make sure all planning permissions are covered and find a
good architect. Again, the tourist office can help. If you think the
service you are receiving is unsatisfactory, say so and explain if things
don't improve you will go elsewhere.
5. Make an offer
Once you have found your ideal home, set a maximum price you will pay
and don't go over it. After your offer is accepted and you have instructed
solicitors make sure you keep tabs on them and the estate agents. Ask for
regular updates and make sure you fulfil all the requests made of you
promptly. Make sure your funding is in place and consider using a currency
specialist, such as HIFX or Moneycorp, which can offer better rates and
the opportunity to agree a purchase cash advance at a set rate.
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Do you look for
property to buy in Kenya ? Find real estate,property,private Holiday
Villas,beach plots,commercial estates in Diani Beach,Kenya and East
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Do you have property
in Kenya and want to sell it ? Advertise here . Contact mailto:webmaster@dianibeach.co.uk
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For Sale in Tsavo National
Park Kenya
Savanna Dream Safari Camp in
Tsavo for Sale - privately owned SAFARI CAMP FOR SALE - Tsavo West
National Park in Kenya - 11.4 acres FREE hold land - the camp has just
opened 1 1/2 years ago - 5 mins to the entrance of Tsavo West National
Park - 5 mins to Lake Jipe , the meeting point for all animals as this is
the biggest water source in the area
for more info click Tsavo Safari Camp for
Sale |
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Island Plot for sale on
Funzi Island Kenya
Tropical Paradise
Plot Size 2.5 hectares (6 acres)
Freehold, undeveloped
300 m direct Access to the
Beach
Beautiful wide Sandy Beach
Palm Trees, coloured blooming Bougain
Villeas
Filled with over 100 Years Old
Baobab-Trees
Click here for more information Funzi Island Plot for Sale in Kenya East
Africa |
Private Dream Villa for sale in Diani Beach
South Coast
Please contact the
owner at mailto:kwulff@wulff.de Mr & Mrs Kai and Michaela
Wulff
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Beach Plot
wanted
We are looking for
a small beach plot to buy on the Kenyan Coast.We only buying direct from the
owner. Clean free title deed is a MUST. The beach plot has to be suitable to
build a small beach bar or has already some basic buildings on it . Please
email mailto:webmaster@dianibeach.co.uk with
the details. Only serious offers please.
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Plot for Sale in
Diani
2.054 hectars, 99 years lease from 1986
, Permission for shops,offices,flats,etc ,Offer KSh 25
Mio
Contact : MULJI DEVRAJ & Brothers ,
PO Box 82261-80100,Mombasa,Kenya
Tel +254 41 41
433790/886/984 Fax +254 41 434041
Please contact Mr
Nilesh Halai , Mobile +254 (0)721497976 , mailto:
mdbrothers@africaonline.co.ke
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Real Estate in
Diani Beach Kenya by diani.info
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General Advice
about purchasing property and land in Kenya
A good start before entering into any
transaction is to consult your Embassy.Secondly,obtain good counsel
from a reputable Solicitor or Lawyer to work out the modalities of acquiring the
property.The need for a Lawyer or Advocate in paramount in assisting you to
acquire land or any other property in Kenya.The charges of hiring a lawyer
usually vary depending on the value of the property you will be buying.Details
pertaining to engaging good lawyers can be obtained from your Embassy.You will
also need the services of a good surveyor to verify the size and location of the
plot.The person or company selling the plot must have a valid Title Deed.The
Title Deed is an official government document showing the owner of the
property,the size and the class of the property.No one can sell what does not
belong to him.Do not get coned into buying something that one cannot verify that
it belongs to him or her or to the company the person might represent. All Title
Deeds in Kenya indicate the exact size of the property and the exact location in
Kenya,so that no two people can own a Title Deed of the one marked property.The
size of any property also plays a great part to estimate the true value of the
land. Property in Kenya has been classified as Commercial plots and
Agricultural,which is basically Farming Land. Commercial property is the kind of
property which a foreigner is allowed to buy and to build on it .Agricultural
property (Farming Land) in Kenya is normally owned by indigineous
people.Foreigners normally cannot acquire such land .Exept if you form a company
together with a Kenyan Citizen. Then agricultural land can be bought in the name
of your company,which will appear as the owner of the plot on the Title Deed.
This solution may lead into major troubles if your partner in the company is not
reliable. One can buy Agricultural land but all arrangments must be made to
change it to Commercial property.The change of user is allowed by the Law of
Kenya however it can take some time to go through. A freehold title gives the
owner absolute proprietorship over the land in perpetuity.Leasehold property is
held on a government lease for a specified period,usually 50 - 99 years.At the
end of this period,the landowner applies for an extension of the lease ,which is
usually granted.The extension process takes at least 6 months.Both freehold and
leasehold land is subject to City Council Rates which is usually a fraction of
the unimproved site value.However,leasehold is further subject to Land Rent
,based on the size of the land.Although a freehold title would be of distinct
advantage,a leasehold title bears no specific disadvantage for the purchaser.
For further advice mailto:webmaster@dianibeach.co.uk
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