Land
prices in Kenya have risen dramatically in recent years, with some
prime areas reaching all-time highs of Ksh1 billion per acre. Given the growing
population and demand for land to build residential and commercial properties,
this trend is expected to continue for a few years.
This
article will assist you in determining where you can purchase land for
residential development, agricultural development, or simply to purchase and
save it for future use or sale, an investment in this case at most affordable
price.
We
shall also be listing the cheapest places to buy land in Kenya.
1. Juja
Farm.
Juja
Farm is in Kiambu county located 15 kilometers from Juja town which is 10
minutesââ¬â¢ drive and 34 kilometers from Nairobi Cbd.
Juja
Farm is one of the fastest growing in the Nairobi Metropolitan Area. It has
increased interest of many people who look to invest in that area.
The
demand for Juja farm plots has increased, due to the tarmacking of the Juja
farm road. A 50 by 100 Plot cost approximately ksh.500,000 to 1 million
depending with location.
Juja
Farm is the best to invest your money for residential and commercial
properties. What you need is find a genuine real estate
agents.
2. Kitengela
Kitengela
has long been a real estate hotspot. It is located in Machakos county 37
kilometers from the Nairobi cbd. The town is rapidly growing, opening up
opportunities for potential landowners.
The
cost of land in the area varies depending on its proximity to the town, with
the most affordable plots for instance 50 by 100 plot costing around Ksh. 2
million.
Kitengela
is a self-sufficient town that is ideal for families. Major supermarkets, a
vibrant nightlife, and children's and family-friendly activities are just a few
of the town's many attractions.
3. Kangundo
road-Joska, Kamulu
Kangundo
road is in Machakos county and is 45 minutes drive from Nairobi cbd. The area
is a popular real estate investment zone due to its location and plots are very
affordable. The area now has better public transportation, and new businesses
have opened along the way. Kangundo Road has quickly become a favorite
destination for most city dwellers.
Infrastructure
improvements has been a major benefit to Kangundo Road. A dual carriageway has
already been established on the road. The area also has excellent amenities
such as hospitals, schools, and shopping malls. The area has seen unprecedented
growth as a result of investors constructing housing projects. Because of the
construction of the by-passes, the area has become more accessible to residents
working in neighboring counties.
Kamulu
is one of the best places to build a home in Kenya. 50Ãâ100 plots in Kamulu
town, next to the tarmac, are available for Ksh1.1 million by Fanaka real
estate among others.These plots are completely serviced, come with
ready-to-move-in title documents, and are equipped with all modern
conveniences. Due to the impending development of Kangundo Road to a dual
carriageway, land values in Kamulu are expected to skyrocket.
4. Ngong
Ngong
is about 30 kilometers from Nairobi's central business district and boarders
Karen. The reason why you should invest in Ngong is because of the Standard
Gauge Railway, as well as the construction of the Ngong SGR station, the
extension of Ngong Road from Nairobi has significantly reduced commute times to
and from the CBD,The tarmacing of the Ngong-Kibiko subway road has also
improved the residential and commercial profile of the area.
In
Ngong, Kimuka and Isinya remain some of the most affordable places to buy
land. 50Ãâ100 Plot prices range between Kshs.250,000 ââ¬â Kshs.350,000
in most cases but can go very high if the plot is located close to the roaad or
a shopping center.
5. Eastern
Bypass
The
Nairobi Eastern Bypass highway's construction has resulted in massive real
estate development in the surrounding areas. The highway has increased property
appeal by improving connectivity in previously sparsely populated areas.
Ruiru
is the fast-growing city to invest your money. Development of Tatu city,
Kenyatta university, and Brookside Dairy has made this place good for residential
and commercial investments.
A
50Ãâ100 plot that were sselling for shs.500,000-shs.70,0000 in Kona three years
ago are now selling for more than double that. This is due to the tremendous
developments coming up in the surrounding areas.
In
Kamakis, residential plots around 2Kms from the road have more than doubled in
price to sell at an average of 3 million for residential plots.
6. Tinga
If
you looking for plots for sale with ready title deeds in Kenya near Nairobi CBD
with prices below Ksh 200,000, Tinga town offers exactly that. Tinga town
is located a distance of an hour's drive from Nairobi CBD along Magadi road
which is set to be expanded. The town is after Ongata Rongai and
Kiserian towns and the area enjoys modest schools, hospitals, police station,
water and electricity among other social amenities.
The
greater southern bypass is set to open the area even more in the near future
7. Nanyuki
Nanyuki
is located in Laikipia county. It has Ranches, conservancies, and pastureland
which have long dominated the landscape. Investors are transforming this into a
real estate market and vacation destination.
The
town benefits from its diverse hospitality. Because of the high demand, Nanyuki
has attracted housing developments that will provide a home in Nairobi's
affluent suburbs.
Many
real estate companies have set foot in and around Nanyuki, bought slightly
bigger parcels and subdivided them into smaller eighth of acre portion which
the local middle and low population could afford. For instance Nanyuki
Properties sell eight
acre plots at approximately ksh. 500,000 which are affordable and
located in various places around Juakali, Ereri, Endana etc.
Read
more: why
you should invest in Nanyuki
8. Matuu
Matuu is a growing town located in Machakos County. It is
midway between Nairobi/ Kitui en route to Garissa. The town has
experienced rapid growth in real estate investments in recent years. It has now
become one of the largest urban centres in Machakos County. It has become
an economic hub of the surrounding constituencies and a key transit centre to
Nairobi, Thika and parts of Central and Eastern Kenya.
If
you are looking for plots for sale in Kenya with prices below Ksh 200,000,
Matuu is the place to invest in
9. Kikuyu
Areas
Due
to expansion of Waiyaki way and the Southern Bypass, Kikuyu has emerged as a
real estate hotspot in Kenya. The proximity to Nairobi CBD and amenities
such as good schools, and hospitals have played a very big role in making
kikuyu to be more attractive.
Places
to consider buying land in Kikuyu include Limuru, Kabete, ondiri and Kinoo
areas. he average price of land for sale in Kikuyu, Kiambu is KSh 3,200,000 per
plot. The most expensive land costs KSh 9,500,000 per plot depending on
location.
10. Malindi
Malindi
and Watamu villages are known for their wonderfull Indian Ocean beaches, which
are among the best and most picturesque in Kenya. The average price of
land for sale in Malindi Town, Kilifi is KSh 150,000 per plot.
20
reasons to invest in Kilifi and Malindi
Finally,
If
you are operating under a low budget do not lose hope of being a land owner.
There are other upcoming towns that can be considered as the cheapest places to
buy land in Kenya. These are the areas you can add to your shopping
list:Malindi, Konza and Nakuru.
Despite
the fact that property prices in various areas are rising, the properties are
still affordable in the long run. Investing in these areas could be the best
investment decision you ever make in the coming years. There are 1000 Real Estate Agents
in our website who
can help you buy land in any of these locations.