Buying your first apartment in Kenya is an empowering step. It’s where independence meets investment, and where dreams begin to take shape. However, beyond the excitement of becoming a homeowner lies a complex process that requires guidance, community, and clarity. At AYA Real Estate, we don’t just sell spaces, we create journeys!
Here’s what you need to understand before signing the dotted line:
1. Understand Leasehold vs. Freehold Property
Most apartments in Kenya sit on leasehold land (typically 99 years), not freehold. Confirm if the lease has been renewed, whether there’s ground rent, and if the developer has the legal right to sell. Do not rely on verbal assurances. Request the title, perform a search, and involve your lawyer. After acquiring the apartment, you should receive a sectional title deed as proof of ownership.
2. Conduct Thorough Legal Due Diligence
That show house may be everything you are looking for, but the paperwork matters more. Confirm approvals from NEMA, the county government for a rates clearance certificate, and the architectural authority. Ask to see the structure plan, especially for off-plan projects. Always check the developer’s track record as well.
3. Know the Hidden Costs of Buying an Apartment
Your apartment’s listing price is not the final figure. You will need to cover legal fees, stamp duty (4% in urban areas and 2% in rural areas) , valuation reports, service charge deposits, and possibly mortgage setup costs. Ask for a full cost breakdown before you commit.
4. Choose the Right Location
A great apartment is not just four walls; it’s the life around it. Consider the neighborhood’s security, transport, infrastructure, access to schools, health facilities, and water and electricity reliability. Think about your future neighbors. The right location supports not just your lifestyle but your sense of belonging.
5. Think Beyond Ownership
Buying your first apartment isn’t just about financial gain. It is about coming home to potential, peace, and community. Ask: Is this a place where I can grow? Thrive? Build friendships? Raise a family?
6. Work With Reputable Real Estate Agents
Your first apartment is too important to risk. Choose experienced, licensed professionals like AYA Real Estate to help you:
7. Do Not Be Afraid to Ask Questions
How much is the service charge? Who manages the property? Is there a sinking fund? What happens if you want to rent it out? Ask everything! A trusted real estate agent will not dodge these questions; they will welcome them.
8. Consider Rental and Resale Value
Even if you are buying to live, real estate is always an investment. Choose your apartment with long-term appeal: proximity to new roads, mixed-use development potential, and reliable demand from tenants and future buyers.
Conclusion
Your first apartment is not just your home; it is a foundation. You deserve a guide you can trust throughout the process. At AYA Real Estate, we combine local expertise with a passion for community and integrity. Whether you are searching for an off-plan apartment, ready to move-in unit, or a high-yield investment, we are here to walk with you.
Ready to take the first step?
Reach out to us today!
