Changes keep rocking the property industry in Kenya. The latest being on 21 June 2022, when Kenya’s President assented into law the Finance Act, 2022 (the Act). The Act amended various tax laws including the Income Tax Act (ITA), The Value Added Tax Act, 2013 (VAT Act), Excise Duty Act, Tax Procedures Act, 2015 (TPA), and the Miscellaneous Fees and Levies Act. The Act also provides for other...
Technology has revolutionized the way we do things completely. Humans are dependent on their phones to do everything, from shopping, having meetings to getting the direction of their next destination. The beauty of the internet is that it provides us with massive information. When you are looking to buy, rent or sell a property, the first place that you would start your search is on your phone. Despite...
Being a growing economy, Kenya presents one of the best return on investment opportunities in property investment. They say that the best time to buy a property was 5 years ago, but the next best time in today. At Mkaazi Real Estate we enable everyone we work with secure verified properties by doing the due diligence on their behalf. Feel free to click on the home finder button and let us make your...
You probably have the popular understanding that land is one natural resource that is finite. Simply put, they aren’t making more of it. Buying land in Kenya can be a very tricky affair. Only recently did the Kenya Government start streamlining the land registry. Other than the fuzzy processes around land transactions in Kenya, the other thing that makes it tricky to own property in Kenya is the...
Digital real estate investment is changing the way people access and diversify their property portfolios and offering new ways to invest securely and simply. Real estate has historically been one of the best-performing investment assets and a core part of many of the most successful investor portfolios. But investing in real estate — the way institutions do — traditionally hasn’t been available to...
There have been major changes in the law that governs property ownership in Kenya and Title Deeds in the recent past because of The Sectional Properties Act 2020 and Land Registration Act, 2012 that were passed by the parliament. These two new laws changed a number of fundamental things in how property ownership in Kenya is structured. There currently exist different types of title deeds in Kenya as a...
You probably have the popular understanding that land is one natural resource that is finite. Simply put, they aren’t making more of it. Buying land in Kenya can be a very tricky affair. Only recently did the Kenya Government start streamlining the land registry. Other than the fuzzy processes around land transactions in Kenya, the other thing that makes it tricky to own property in Kenya is the...
You probably have the popular understanding that land is one natural resource that is finite. Simply put, they aren’t making more of it. Buying land in Kenya can be a very tricky affair. Only recently did the Kenya Government start streamlining the land registry. Other than the fuzzy processes around land transactions in Kenya, the other thing that makes it tricky to own property in...
I am seated at a car wash on Forest lane road in Ngong, as my car is getting cleaned, heavy trucks are turning , ferrying away soil as the earthmovers dig up the new road. Every few minutes a yellow school bus or school van passes by, surprisingly many, going up an unpaved road towards the hills. The weaver birds carry on on the merry signing in the tree as across the road, the sun sets beautifully...