Find Land and Plots For Sale in Nairobi, Kenya
Nairobi is Kenya’s capital city and East Africa’s economic hub. In 2014, Kenya's economic growth placed it as the 4th biggest economy in Sub-Sahara Africa after Nigeria, South Africa and Angola, and overall, the 9th biggest in Africa. One of the factors driving this fast economic growth is the real estate sector.
Nairobi, popularly known as the 'Green City in the Sun' is attractive to both local and foreign investors. Its property market has been on a constant upward trend for the last two decades, and many businesses are jostling to be part of the burgeoning city.
There are various features that can be attributed to the city’s growth. One is the move by the government to improve infrastructure and make the investment environment more favorable. Another reason is that established and start-up businesses are increasingly choosing Nairobi as the ideal location to set up regional offices because of its ready market, progressive technology, and good connectivity to the rest of Africa.
Prime Land for Sale in Nairobi Area
The above examples, along with other reasons, have led to land for sale in Nairobi area and its environs to appreciate faster than any other piece of real estate in Kenya. In fact, the capital has the highest online land searches in Kenya. Therefore, investing in plots for sale in Nairobi is an obviously good idea. Whether it is buying acreage within the central business district or expansive land in the outskirts e.g land for sale in Kilimani, land for sale in Kileleshwa or land for sale in Lavington. The latter point being because the Nairobi's Metropolitan region is rapidly expanding into surrounding areas.
In 2014, the cost of land for sale within the central district starts from about KSh 15,000,000 to KSh 100,000,000 and more, depending on location, servicing, and proximity to amenities. When considering the different land for sale in Nairobi, Kenya bear in mind that there are some parcels within the city that cannot be bought through the willing buyer and willing seller type of agreement. They are instead leased for a given period of time and the contract can be renewed upon expiration.
Here at Jumia House, we provide you with a large collection of plots for sale in Nairobi at competitive prices. They include developed and undeveloped plots from as far and wide as Kitengela, Athi River, Runda and Kikuyu. The offers are provided by both agents and land owners, and the come in different sizes.Take time and look for your ideal piece of land today.
Pictures from Flickr