Why You Should Buy Land As Opposed To A Ready Made House Along Kenyatta Road

Purchasing land in Kenyatta Road offers several advantages compared to buying a ready-made house, as explained by Fanaka Real Estate, a certified real estate agency specializing in land sales in various areas, including Kenyatta Road:

1. Development Opportunities:

• Kenyatta Road, located near Juja, is an emerging satellite town that is witnessing increased development. It is well-connected via Thika Super Highway and the Eastern and Western bypasses, making it a prime location for investment.
• Buying land provides you with the opportunity to develop it according to your preferences. You can choose to build commercial properties, rental units, engage in agriculture, or lease the land.
• Over the years, land values tend to appreciate, allowing you to sell it at a profit or use it as collateral for loans.

2. Affordability:

• Land prices in Kenyatta Road start from Ksh2 million upwards, making them more affordable compared to the cost of purchasing ready-made houses, which are often priced higher.
• Ready-made houses in developed areas are typically more expensive than buying parcels of land in emerging regions.

3. Cost-Effective Financial Planning:

• Buying land in the outskirts of Nairobi, such as Kenyatta Road, provides a cost-effective approach to property investment.
• Landowners have the flexibility to plan their finances and investments over time.
• The value of land tends to increase, especially in areas like Kenyatta Road with ongoing infrastructure development. Investing now can be more advantageous than waiting for prices to rise in the future when demand is high.

4. Lower Property Taxes and Maintenance Costs:

• Owning vacant land generally results in lower property tax payments compared to owning a ready-made house.
• Maintenance costs for land are typically lower, as there are no expenses related to renovations, service charges, or landscaping costs.
• For instance, grass on the land can be sold as pasture or hay, providing potential income opportunities.

In summary, purchasing land in Kenyatta Road offers a cost-effective and flexible approach to real estate investment. The potential for appreciation in land value, lower property taxes, and reduced maintenance costs make it an attractive option for investors looking to build their own properties or hold land as a valuable asset. Fanaka Real Estate is available to provide guidance and support in making informed investment decisions.