10/03/2022
*Tips for buying a plot in Kenya*
As they say, the best investment on land is land. However, purchasing a plot requires due diligence and utmost care in terms of having the right documents. If you are looking to invest in a plot, take a pause and read this before making a move.
*Establish the identity of the seller*
๐Before buying a land parcel, a buyer must check and verify the identity of the seller.
๐Nationality and residence certificate of the seller and whether the consent of the authorities is required to sell the land.
๐If the property is held jointly, the identity of all the sellers must be established clearly.
๐If the seller is a company, verify its ability to own and sell a property.
*Due Diligence*
Paperwork is an essential component of the land purchase process in Kenya. Buy land from a trusted and genuine real estate company. Ensure the land has proper land ownership document.
Hurriedly going about plot hunting is a big NO. Take time and research before you zero in on a plot to invest. After all, an investment for life deserves research and patience
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