Reasons to Buy Land for Sale in Kisumu

When it comes to deciding where to buy land for sale, Kisumu probably isn't the first place that comes to mind. However, there are a number of reasons why you should buy land in what Kisumu residents call The Natural State. Here are seven:

1. The property is undervalued. Experts agree that the pricing of land for sale in Kisumu is about two decades behind Mombasa and Nairobi consecutively. In other words, you can get much more land for your money. In fact, a quarter acre of real estate can cost as little as Kshs 1,000,000. Whether for investments or for future home sites, Kisumu has unbeatable bargains.

2. The property taxes are low. Kisumu may have the lowest property taxes compared to Mombasa and Nairobi in Kenya, with undeveloped land often having annual property taxes of less than Kshs 6,000. 

3. Kisumu county has unparalleled natural beauty. With the beautiful views of Lake Victoria, Kisumu CBD and Kisumu international airport from the Riat Hills, attractive tourist sites like Kit-Mikayi hills, ndere island and impala parks.

Because it doesn't have a dense population, there are many parts of Kisumu county that are pristine, and miles away from factories and freeways.  Some of the land for sale is often in the midst of hardwood forests, with abundant wildlife and birds. The air is clean and fresh, bringing a welcome relief to people who move their from more densely populated areas. 

4. The climate is mild. Kisumu definitely has only two seasons; rainy and sunny but the sunny seasons are mild enough that people can enjoy pastimes like golf and other activities all year long. And it's not far from the Maseno equator.

5. There are budding private communities in Kisumu precinct. There are some landowners in Kisumu who have had the prudence to plan for future private communities. The landowners in the region are planning affordable and coveted gated communities’ properties that include shopping centers, hospitals, financial institutes, recreation centers, nature trails, and more. Buying land in one of these areas is certain to be a sound financial decision.

6. The landowners are often unique. Unlike many other areas in the country, many areas of Kisumu County have land for sale by owner (or FSBO). Buying directly from the owner can cut out the high costs of a middleman. Even when a landowner has help, he or she typically uses someone local who has years of experience as an owner or seller of private building lots in Kisumu. 

7. The financing is affordable. Because the land for sale is inexpensive, and because much of it is FSBO, owners often do their own financing. This means low, fixed interest rates and no credit checks. In other words, you don't have to go through a mortgage approval process. Instead, you can make a small payment each month and, at the end of the loan term, receive the deed to your property. 

Buying undiscovered, pristine land for sale in Kisumu is a smart move, whether you plan to build a home and retire there or simply want to make sound investments. Visit www.kenyan-real-estate.com for more real estate stories.