Kenyans living abroad and overseas can invest in real estate companies in Kenya. Whether as a pension plan, investment, for a loved one, or simply a place to hang your hat when you retire, it’s crucial to secure the best deal in the market.
Dagma Land Investment is a reliable land investment partner offering bona fide and affordable plots of land within the Nairobi metropolis and its environs. Buying a property in another country is not an ABC process. Here are the things you need to know before purchasing land in Kenya from the diaspora.
- Perform Due Diligence
Unfortunately, land scam is not new, and you are more prone to fall for fake land companies if you are not in the country. According to Lawyer Ruth Tanui, eight out of ten Kenyans purchasing land get conned.
Perform due diligence by searching the Registry in the Ministry of Lands. Your search will yield results of the original land owner and help you compare that information with the one your agent is presenting. Additionally, it will indicate if the land has ongoing disputes and finances associated with the plot of land for sale.
- Check for Affordable Plots for Sale
Buying properties in major cities like Nairobi, you should be prepared to spend more money than when purchasing within its environs. Buying land in other jurisdictions, such as Matuu, Ruai, Malindi, Kangundo Road, or Makutano on the Embu-Mwea highway, guarantees quality and fertile land at affordable prices. - Looking for Secluded Places
Land in an already developed area will be costly. Therefore, buying land in secluded areas, further from towns, is wise. It’s likely that in the next five to ten years, the value of the land would have increased, if not doubled.
Work with a reliable land investment firm to help you choose the best-secluded area with a high possibility of growth soon. If you have bought the land as an investment, this is an excellent idea when you decide to resell the land. The infrastructure and growth rate in the once-secluded area will automatically increase your land’s value, making it a wise investment plan.
- Understand the Legal Procedure for Purchasing Land
Land buying follows certain basic principles–the law of contract. When buying land from an agent o directly from the owner, they are bound by law to disclose any defects associated with the land, including loans or family feuds over the property.
It’s essential to perform thorough research on the legal procedure of buying land, especially if you are not in the country, to avoid double loss and a traumatic buying experience.
Purchase Your Land From Abroad Stress-Free
Dagma Land Investment is a trustworthy brand committed to integrity and focuses on continuous improvement to ensure maximum customer satisfaction. If you are in Kenya or the Diaspora, contact us today and let us guide you on this journey. Our expert consultants will get in touch with you as soon as possible.