To buy a property in Nairobi is fairly easy.
- With your ID or Passport and KRA Pin you can be able to purchase an apartment.
- A 20% deposit is normally required on most properties and the balance can be paid through the course of construction.
- After the payment of the deposit a sales agreement is normally drafted.
- A cash payment on a property can also be made, and upon completion of construction owners of the apartment are handed a title showing ownership of the unit.
- When buying a property some legal fees are incurred by the buyer include legal fees, stamp duty 4% of purchase price normally, valuation costs, sectional survey planning and processing of sectional title.
