Purchasing land is one of the best investments to put your money into in Kenya. But, just like any other investment decision, it is important to know what you’re getting into first, including getting a plot at the right price. Well, this article will tell you more about plot cost in Kenya and what makes the prices go up and down. We will also give you a tip or two on how to make sure you’re getting a good deal when you buy.
Factors Affecting Land Prices in Kenya
Of course, no two plots in Kenya are the same in terms of value. In fact, plots in the country tend to vary based on a number of factors, the biggest being where the land you want to buy is located.
For example, if the piece of land is in an urban center or in a city like say Nairobi, then it usually costs more. On the flipside, the plot cost in Kenya for places in the Nairobi Metropolis like Kikuyu and Kitengela are relatively cheaper, but they are expected to grow in future.
Prices will definitely keep rising in the coming years as infrastructure and by extension the population will grow the demand for plots.
This is why it’s wise to buy a plot in such areas and you will likely get return on your investments as the value increases as more people decide to buy land there in the coming years
Average Plot Prices in Different Regions in Kenya
Now, let’s take a sneak peak at some of the plot prices range in Kenya:
- Nairobi: The plot cost in Kenya for areas within Nairobi are relatively expensive given that they are near the city center. If you’re looking for a good place near the center, you might have to spend upwards of 20 million per plot depending on where you’re looking to buy.
- Kikuyu: This one of the areas that is close to Nairobi yet it’s relatively cheaper. In fact, you can get a plot of land here for less than 1 Million per 1/8th of an acre. You can check out our plots for sale in Kikuyu from as low as ksh.750K!
Kikuyu is a good place to find cheap land for sale in Nairobi for investment as you can expect the value of your land to grow in the coming years
- Kitengela: This is another nice area in the Nairobi Metropolis that is growing quickly, and the land is cheaper. You can get a plot in Kitengela from as low as Ksh. 1.85M. It’s a nice place to buy cheap land for sale in Nairobi that will appreciate in the coming years
Wrapping up
In a nutshell, knowing plot cost in Kenya will help you find the right piece of land for your budget. The beauty is that you can find some good cheap plots for sale in Kenya. That said, don’t jump at every cheap deal advertised out there as some might be scams. Contact us via +254 723 97 97 97 or sales@fusiongroupafrica.com to explore the best cheap land for sale in Nairobi and other parts of Kenya for every budget!
