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Old 7th November 2009, 02:16 AM
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Location: nairobi, kenya, kenya.
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prismafrica
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Default Points to Check before buying a plot.    Show Printable Version  Print   Email this Page  Email  

Points to Check before buying a plot.


1. Encumbrances. Check with the Ministry of Lands if there are any Caveats put on the plot.

2. Ascertain ownership.
Check with the Ministry of Lands who is the registered owner of the land. Its also prudent to check with the neighbors to get the physical appearance and current contacts of the owner.
In Kenya, there has been incidences where people steal the identity of the real land owner and sell to unsuspecting customers. By confirming the owner from the neighbors, this will reduce such a risk.

3. Ability to appreciate in Value.
Most land appreciates in value. The prospect of new infrastructure will play a big role in increasing the value of the land.
Currently, land in Juja, Thika, Kenya is appreciating very fast due to the construction of Thika road into a several-lane highway and construction of a by-pass on the behind side of Juja. There is also the fact that Wilson airport is planning to relocate to this area.
Land in Kitengela, Athi River and Syokimau is also appreciating very fast with the completion of Mombasa road Highway.

Read more on www.prismafrica.com
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