City dwellers find alternative Real estate investment
The key to successful Real Estate investment in Kenya is knowing when to invest and where to invest. Today, getting land in Nairobi would mean going very deep in your pockets due to the dramatic increase in property value over the past ten years.
Most of the price rise in Nairobi Real estate occurred in 2011 with the 25 percent increase attributed to the high demand and growth of the city. So, what happens to City dwellers prospecting to be landowners? Most of them are finding better real estate investment alternatives in the outskirts of the city, finding new ground in Kajiado county. Kajiado is home to beautiful natural features with scenic views making it an ideal location for both residential and commercial property development. The county has a population growth rate of approximately 5.5 percent, and the main economic activities are Agriculture and Tourism.
Investing in land within major urban growth centers is an important benchmark in Real estate. Over the years, Kajiado has had a steady growth rate in real estate development due to its smooth accessibility from Nairobi.
The Wealthsmith Limited has properties within Kajiado county and one of them is Ngong Hills View. The property is located 40 minutes from Nairobi CBD along the Great Southern bypass and 2km from the Pipeline Road. The land borders the Kipeto Power Station and has been fenced-off with a well-manned main gate. The project is currently 75% sold off and you can reach out to The Wealthsmith Limited to find out how you can be an investor today.