Author: Property254
Welcome to Kilimani, an enchanting neighborhood in Nairobi, Kenya, where urban living meets vibrant culture. As an experienced real estate agent, I’m thrilled to guide you through this dynamic locale, providing insights into its location, property prices, and the evolving real estate landscape. Location and Accessibility Nestled in the heart of Nairobi, Kilimani is strategically located, making it a prime choice for residents seeking convenience and connectivity. Bordered by Yaya Centre to the east and Ngong Road to the west, Kilimani offers easy access to major business districts, shopping centers, and entertainment hubs. How to Get There Kilimani is well-connected…
A land allotment letter is a document issued by Ministry of Lands and Physical Planning that grants an individual or entity the right to use a specific piece of land for a particular purpose. The letter is issued to individuals or entities who have applied for land allocation through the relevant government agency. The letter outlines the terms and conditions of the land allocation, including the size of the land, the purpose for which it can be used, and any restrictions or conditions that apply. Please note that an allotment letter does not transfer ownership of land. The land allotment…
The Supreme Court recently said that letters of allotment are not proof of ownership of land. The same applies to share certificates issued by land buying companies. Supreme Court: Allotment Letter is not a Title Deed 3 Types of Title Deeds In Kenya and How to Obtain Them If you have an allottment letter, the court stated that you have to fulfill conditions in the letter of allotment for the allotment to be valid. Once thee conditions in the letter of allotment have been fulfilled, you should acquire a title to the land through registration under the relevant laws. How…
Investing in real estate is a dream that many Kenyans aspire to, but limited funds can often be a barrier. However, the option of buying land on hire purchase or through installment plans has opened up new avenues for individuals with tight budgets. As a real estate agent in Kenya, I have witnessed firsthand how this approach has empowered people to achieve their property ownership dreams. In this article, we’ll explore the process of buying land on hire purchase/installments and share snippets of success stories from individuals who turned their dreams into reality. Understanding Hire Purchase/Installment Plans: Buying land through…
KRA recently requested Airbnb for details of its hosts in Kenya. Here is information related to the request from KRA. As you already know, there are quite a number of ways to make money with Airbnb. Once you make the money, the following information can help you get started in learning about some of the tax requirements that might apply to you when providing short-term accommodation in Kenya. Income from Airbnb is taxed via either: All income from your Airbnb in Kenya is taxable whether you are a resident person or non-resident person. So, even if you do not live in…
Witeithie’s story is one of resilience and transformation. Once a troubled area, it has now become a thriving investment paradise. This blog will explore the factors that have contributed to Witeithie’s success and why buying land here is a sure way to get ahead. The dreaded name “Witeithie” (meaning help yourself) has a fascinating past. Initially, a group of women who acquired land after independence concocted the name. They formed Witeithie Gwaka Investment Company and in the early 1990s, structures started mushrooming on the land. When the Jomo Kenyatta regime took over, he gave out that land, then owned by…