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Property in kenya

Kalaah

I'm doing a research and would appreciate for your input.What property can an expat own in kenya? Industrial buildings? Land Agricultural vs industrial? Apartments? And the legal procedures. Please reply on the forum may be someone else could benefit. Thankyou!

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Longonot62

Hi, There has been a recent discussion about this.  I understand that expats are able to purchase residential property, but there are restrictions on the purchase of agricultural land.  I am not sure about industrial premises though.  The Land Registry website has more information on this.

GuestPoster13389

Kalaah wrote:

I'm doing a research and would appreciate for your input.What property can an expat own in kenya? Industrial buildings? Land Agricultural vs industrial? Apartments? And the legal procedures. Please reply on the forum may be someone else could benefit. Thankyou!


hi
apartments i think will do,since you shall let out.
Ideally, target areas like westlands, kileleshwa, kilimani, ngong road etc.
the apartments would cost you anything from 52,466.40Euros going up or slightly less.

Ashantiz

Foreigners can buy ‘commercial class’ land in Kenya. This type of land is for income or revenue-making purposes. Foreigners are allowed to acquire this and build on it.

‘Agricultural land’ or farm lands cannot be acquired by foreign individuals. ‘Agricultural land’ is usually owned by indigenous people. If purchase is made through a company – the majority of which must be Kenyan-owned – then it is allowed. The land will be bought under the company’s name.

There are freehold and leasehold types of land. Mostly, land in Kenya is government-owned. This can be leased for 50 to 99 years.

Kalaah

Hey thankyou all for your input.Ashantiz i had read that infor from a blog before anyway thanks.