Build your wealth with your property appreciation
The Kenya construction market size was $17.3 billion in 2022. The market is expected to achieve an AAGR of more than 5% between 2024 and 2027. Entrepreneurs and businesses are keen to establish their presence in strategic urban locations, increasing commercial real estate opportunities. In the process, more job opportunities emerge, rental demand increases and the appreciation of your real estate unit rises, as well as your passive income if you decide to offer it for rent.
With returns on investment (ROI) ranging from 8% to 30%, real estate investment in Kenya provides attractive returns. Nairobi’s home prices have increased at the fastest rate in 11 years. The data indicates that the average price of a house within Nairobi city increased by 10.5 percent in the previous year.
What does a real estate investment in Kenya guarantee for you?
Rental income from properties provides you with steady cash flow, while capital gains from property sales can generate substantial returns. Besides stocks and bonds, real estate is an essential component for diversifying your investment portfolio and reducing the overall risk associated with your investment portfolio.
With a shaky economy and a rising global inflation curve, your money in real estate property can give your investment wallet much stability, along with steady passive income, and a sufficient capital gain.