5 things You Need to Know When Buying a Plot of Land in Kenya for Sale
How to Buy Land in Kenya for Sale
Land is one of the most important assets that one can possess. Luckily, it’s always available anywhere in Kenya and across the globe. Besides living, humans perform most of their economic activities on land. One characteristic of land in Kenya for sale is that it keeps appreciating; hence, it will always be in demand so long as human beings exist. This demand makes buying a plot a good investment for many.
Nevertheless, buying a plot in Kenya can be complicated since it attracts a lot of fraud. That’s why it’s important not to lose your hard-earned money in the name of plot buying. But how can one be safe when buying land is involved?
This article will share some safety measures to ensure you own a plot safely. Let’s get started.
1. Type of Plot
There are different types of plots to buy in Kenya. Some are residential; others are for industrial or commercial purposes. It’s, therefore, critical that you know which plots are the best to buy. Secondly, you must know the types of ownership that the particular plot boasts. For instance, Freehold plots are the best since they will permanently belong to you. Some people prefer leasehold plots, which you can own for up to 99 years according to the Kenyan constitution.
This information is very important since it will enable you to maximize your investment options in the particular plot.
2. Utilities
The presence of utilities is another factor to look into when buying a plot of land in Kenya. Does the plot or area have water and electricity? Most plots for sale, especially in Nairobi, already have these utilities.
If the plot for sale doesn’t have these utilities, you may have to add the installation cost after buying it. Most people buy land for development, and this information will help you consider the costs before purchasing the plot for better planning.
3. Is The Location Riparian?
Buying a plot of land demands a lot of attention, especially on location. There are uncountable stories of people who bought land for development only to lose their property when the rains come. Why? Because the land was riparian.
This is a bad situation for any buyer to find themselves in because they may be forced to move. Besides, it is illegal to build on riparian land in Kenya.
The best way to shield yourself against such incidences is by getting a surveyor to survey the location and advise properly regarding water bodies. Also, conducting a free land search on Ardhisasa about the plot to buy will be helpful.
4. Meet The Plot Seller in Person
Having a physical meeting with the plot seller is very important. As much as one can view the land virtually and transact remotely, that path may expose you to fraudsters who may swindle your money.
So what do you do when you meet the seller? Request for the seller’s identity card and pin certificates. If they sell the plot as a company, ensure you have copies of the directors’ ID cards and pin certificates.
5. Enquire Around
Most plot buyers, especially in Nairobi, are ignorant about this factor. But getting information from the neighbors of your prospective plot for sale could be a great savior. The neighbors can give you substantial information about the real owner of the plot, its ownership history, and any incidents that may have happened regarding the land.
They will also inform you if the plot has multiple owners or whether it’s on community land. Ensure you show the neighbors the seller’s copy of the ID so they confirm ownership.
Although land transactions appear to be simple, they are complicated in their simplicity. There is more to buying a plot anywhere in Kenya. You may know what you want but fail to know the process. It is, therefore, important to consider the herein-discussed tips before proceeding to the purchasing process. This way, you will buy the plot from a point of knowledge and safety. You will also be satisfied knowing that you didn’t make a mistake buying a plot. We hope this information comes in handy for your investment dreams.
