Buy a House in Kenya-below the 10 million Mark.

Buy a House in Kenya-below the 10 million Mark.

Like many of its neighbours, Kenya’s real estate market has grown tremendously especially in the past couple of years. Around 9.1 percent is what it is projected to have grown to. The nine percent, is of course, of the country’s Gross Domestic Product (GDP).

The Kenyan real estate market is projected to grow even more in the coming years. This is a win-win for Kenyans because it means that more people will probably be home owners in a couple of years. There are several factors that could be contributing to this grown, and they include infrastructural development, improved electrification and devolution among many other factors. All these factors increase connectivity meaning things like amenities: schools, health facilities, and social amenities like shopping malls are now located all over the country and not just in specific areas. Also, the number of real estate firms and companies growing is a major factor in the budding of the real estate industry.

Where then can one buy a house below the ten million mark?

There are various options to choose from when wanting to buy a house or home in Kenya. And not just in Nairobi. Even in major towns across the country, one can find an affordable home purchase option.

Let’s go with a three bedroomed bungalow. In Mombasa for example, a three-bedroom bungalow could go for about 9 million Kenya shillings. In a nearby coastal county, one can also find options ranging from around 7 million-that is in Kilifi County. All these places being in close proximity to amenities such as malls, schools etc.

Western Kenya also has options for homes ranging from 5 million upwards. These are available in towns like Kakamega, Kitale, and extending up to select places in Kisumu city and its environs.

Nairobi and its environs also provide options ranging from 7 million upwards. Be it in Juja and its environs, the Ngong area, Kahawa Sukari area, along Kangundo road, around Kamulu area. One can get a house within the 10 million mark. 

Another region where you can get moderately affordable houses would be in Eldoret town and its environs. The Nakuru area is also a good place to search. And especially with Nakuru upgraded to a city becoming the fourth city in Kenya, the amenities are available and good quality ones for that matter. Malls, schools, hospitals, banks, institutions of higher learning, religious institutions etc. The houses range from around 6 million and going up, of course depending on your preference. 


This Post Has 5 Comments

  1. Shukrani Maina

    The numbers are set to project highr

  2. Carson Anekeya

    The significant growth of Kenya’s real estate market, accounting for around 9.1% of the country’s GDP, reflects a promising trend for prospective homeowners. Factors such as infrastructural development, improved electrification, and devolution have contributed to increased connectivity and accessibility to amenities across the country, driving the demand for residential properties.

  3. Amy Ochola

    This is very insightful but maybe you can dig deeper into these areas with examples or giving references on real estate companies that are reputable in this. thanks.

    1. Cynthia Doresi

      Thanks Amy, will look into it.

  4. Mark Obaga Mark

    There’s great pottential in the kenyan real estate market.

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