Property for sale in Kenya
Kenya is an East African nation with the coast facing the Indian Ocean. Nairobi is the capital, and it is famous for the Amboseli National Park from where you can admire the mountain of Tanzania, Kilimanjaro, 5895 m high.
Kenya borders to the north with Ethiopia and South Sudan, to the south with Tanzania, to the west with Uganda, to the north-east with Somalia and wet to the east by the Indian Ocean.
There are many reasons why the super rich buy properties for sale in Kenya. The country of East Africa is among the most popular destinations by the rich countries according to some market analysis. 4% of the rich in the world have identified Kenya in the radar of the objectives of buying a real estate, and for the ultra-Africans is in the top-5 preferences for a second home. International interest has focused on a real estate market of mature growth which, despite a slowdown last year, remains stable and resilient. It benefits from both regional and international investments, particularly for high-end residential segments and commercial spaces. Nairobi is now a regional pole of the financial industry and in 2019 its skyline will be enhanced with the completion of Africa's tallest skyscraper, The Pinnacle.
There is no shortage of contradictions in development such as the slums that grew rapidly, but Kenya is experiencing a very strong economic growth that the World Bank estimates will reach 6.1% annually in 2019, fuelled by tourism, as by foreign investments that arrive from the United Kingdom, China and many other countries.
Buying a property for sale in Kenya, as well as a good deal with irrelevant fixed costs and no taxes, has the advantage of:
• low prices. a medium-sized villa can cost between 40,000 and 300,000 Euros. The price of properties for sale in Kenya depends on the location, the size, the materials used for the construction.
• a constant revaluation. The growth of the keynote GDP, net of inflation, records an index of 4% in the last year and this increases the value of the properties for sale in Kenya both for foreign and local buyers.
• Kenya is a country that allows to lead, for those who have also average European incomes, a medium-high lifestyle, given the moderate local wages and the relatively low costs of goods and services.