Are you wondering how to purchase land in Kenya while living abroad? Don't worry; I'm here to provide you with a step-by-step guide on how to make it happen.
Many Kenyans who live or work overseas look forward to investing back in their homeland, often choosing property, especially land, as their preferred investment option. The appeal of land lies in its low maintenance requirements and its tendency to appreciate in value over time. Additionally, you can explore various income-generating activities on the land.
So, if you find yourself abroad with some savings and the desire to invest in land, here's a straightforward approach. Fanaka Real Estate has integrated digital solutions into its strategy, ensuring that they are accessible around the clock through various communication channels, including social media, email, and phone.
Once you get in touch with a member of their sales team through their website or social media platforms like Facebook, Twitter, Instagram, or LinkedIn, you'll receive detailed information about the available land parcels and prompt responses to any questions you may have. Following this initial contact, the sales representative will send you a catalog containing all the land parcels available for sale at that particular time, allowing you to choose the one that suits your preferences.
After you've made your selection, the sales representative will provide you with an updated subdivision map of the land. To ensure the land's legitimacy and gather all necessary details, you'll need to send a trusted representative for a site visit. This representative could be a family member, a close friend, or someone you trust implicitly.
Once your representative confirms all the details, and you are satisfied with the land and ready to proceed with the purchase, Fanaka Real Estate will request your identification documents, including a copy of your ID, KRA PIN, three passport-sized photos, and scanned copies of these documents via email. Following this, they will send you a sale agreement that you will need to fill out and sign.
From this point forward, you can start making payments as agreed upon in the sale agreement, using the company's approved mode of payment. Upon completing the payments, either you or your representative will receive an ownership certificate in both hard and soft copies, giving you official ownership rights to the land.
You'll hold onto this ownership certificate until the title deed is processed. When that time comes, you'll be required to pay a title transfer fee of Sh30,000. Afterward, you can choose to pick up the title deed in person or send your representative to collect it with an authorization letter signed by an attorney. For your convenience, Fanaka Real Estate can also provide a soft copy of the title deed.
This comprehensive guide has given me the confidence to pursue my land investment in Kenya from abroad, and I hope it helps you too. Rest assured, you're in capable hands with Fanaka Real Estate