Top Ten areas to buy most affordable Land in Kenya for high returns
Land prices in Kenya have risen dramatically in recent years, with some prime areas reaching all-time highs of Ksh1 billion per acre. Given the growing population and demand for land to build residential and commercial properties, this trend is expected to continue for a few years.
This article will assist you in determining where you can purchase land for residential development, agricultural development, or simply to purchase and save it for future use or sale, an investment in this case at most affordable price.
We shall also be listing the cheapest places to buy land in Kenya.
1. Juja Farm.
Juja Farm is in Kiambu county located 15 kilometers from Juja town which is 10 minutesÃ¢â‚¬â„¢ drive and 34 kilometers from Nairobi Cbd.
Juja Farm is one of the fastest growing in the Nairobi Metropolitan Area. It has increased interest of many people who look to invest in that area.
The demand for Juja farm plots has increased, due to the tarmacking of the Juja farm road. A 50 by 100 Plot cost approximately ksh.500,000 to 1 million depending with location.
Juja Farm is the best to invest your money for residential and commercial properties. What you need is find a genuine real estate agents.
Kitengela has long been a real estate hotspot. It is located in Machakos county 37 kilometers from the Nairobi cbd. The town is rapidly growing, opening up opportunities for potential landowners.
The cost of land in the area varies depending on its proximity to the town, with the most affordable plots for instance 50 by 100 plot costing around Ksh. 2 million.
Kitengela is a self-sufficient town that is ideal for families. Major supermarkets, a vibrant nightlife, and children’s and family-friendly activities are just a few of the town’s many attractions.
3. Kangundo road-Joska, Kamulu
Kangundo road is in Machakos county and is 45 minutes drive from Nairobi cbd. The area is a popular real estate investment zone due to its location and plots are very affordable. The area now has better public transportation, and new businesses have opened along the way. Kangundo Road has quickly become a favorite destination for most city dwellers.
Infrastructure improvements has been a major benefit to Kangundo Road. A dual carriageway has already been established on the road. The area also has excellent amenities such as hospitals, schools, and shopping malls. The area has seen unprecedented growth as a result of investors constructing housing projects. Because of the construction of the by-passes, the area has become more accessible to residents working in neighboring counties.
Kamulu is one of the best places to build a home in Kenya. 50Ãƒâ€”100 plots in Kamulu town, next to the tarmac, are available for Ksh1.1 million by Fanaka real estate among others.These plots are completely serviced, come with ready-to-move-in title documents, and are equipped with all modern conveniences. Due to the impending development of Kangundo Road to a dual carriageway, land values in Kamulu are expected to skyrocket.
Ngong is about 30 kilometers from Nairobi’s central business district and boarders Karen. The reason why you should invest in Ngong is because of the Standard Gauge Railway, as well as the construction of the Ngong SGR station, the extension of Ngong Road from Nairobi has significantly reduced commute times to and from the CBD,The tarmacing of the Ngong-Kibiko subway road has also improved the residential and commercial profile of the area.
In Ngong, Kimuka and Isinya remain some of the most affordable places to buy land. 50Ãƒâ€”100 Plot prices range between Kshs.250,000 Ã¢â‚¬â€œ Kshs.350,000 in most cases but can go very high if the plot is located close to the roaad or a shopping center.
5. Eastern Bypass
The Nairobi Eastern Bypass highway’s construction has resulted in massive real estate development in the surrounding areas. The highway has increased property appeal by improving connectivity in previously sparsely populated areas.
Ruiru is the fast-growing city to invest your money. Development of Tatu city, Kenyatta university, and Brookside Dairy has made this place good for residential and commercial investments.
A 50Ãƒâ€”100 plot that were sselling for shs.500,000-shs.70,0000 in Kona three years ago are now selling for more than double that. This is due to the tremendous developments coming up in the surrounding areas.
In Kamakis, residential plots around 2Kms from the road have more than doubled in price to sell at an average of 3 million for residential plots.
If you looking for plots for sale with ready title deeds in Kenya near Nairobi CBD with prices below Ksh 200,000, Tinga town offers exactly that. Tinga town is located a distance of an hour’s drive from Nairobi CBD along Magadi road which is set to be expanded. The town is after Ongata Rongai and Kiserian towns and the area enjoys modest schools, hospitals, police station, water and electricity among other social amenities.
The greater southern bypass is set to open the area even more in the near future
Nanyuki is located in Laikipia county. It has Ranches, conservancies, and pastureland which have long dominated the landscape. Investors are transforming this into a real estate market and vacation destination.
The town benefits from its diverse hospitality. Because of the high demand, Nanyuki has attracted housing developments that will provide a home in Nairobi’s affluent suburbs.
Many real estate companies have set foot in and around Nanyuki, bought slightly bigger parcels and subdivided them into smaller eighth of acre portion which the local middle and low population could afford. For instance Nanyuki Properties sell eight acre plots at approximately ksh. 500,000 which are affordable and located in various places around Juakali, Ereri, Endana etc.
Read more: why you should invest in Nanyuki
Matuu is a growing town located in Machakos County. It is midway between Nairobi/ Kitui en route to Garissa. The town has experienced rapid growth in real estate investments in recent years. It has now become one of the largest urban centres in Machakos County. It has become an economic hub of the surrounding constituencies and a key transit centre to Nairobi, Thika and parts of Central and Eastern Kenya.
If you are looking for plots for sale in Kenya with prices below Ksh 200,000, Matuu is the place to invest in
9. Kikuyu Areas
Due to expansion of Waiyaki way and the Southern Bypass, Kikuyu has emerged as a real estate hotspot in Kenya. The proximity to Nairobi CBD and amenities such as good schools, and hospitals have played a very big role in making kikuyu to be more attractive.
Places to consider buying land in Kikuyu include Limuru, Kabete, ondiri and Kinoo areas. he average price of land for sale in Kikuyu, Kiambu is KSh 3,200,000 per plot. The most expensive land costs KSh 9,500,000 per plot depending on location.
Malindi and Watamu villages are known for their wonderfull Indian Ocean beaches, which are among the best and most picturesque in Kenya. The average price of land for sale in Malindi Town, Kilifi is KSh 150,000 per plot.
If you are operating under a low budget do not lose hope of being a land owner. There are other upcoming towns that can be considered as the cheapest places to buy land in Kenya. These are the areas you can add to your shopping list:Malindi, Konza and Nakuru.
Despite the fact that property prices in various areas are rising, the properties are still affordable in the long run. Investing in these areas could be the best investment decision you ever make in the coming years. There are 1000 Real Estate Agents in our website who can help you buy land in any of these locations.