In a landmark decision for Kenya's real estate sector, the Tax Appeals Tribunal (TAT) barred the Kenya Revenue Authority (KRA) from levying Income Tax and Value-Added Tax (VAT) on property service charges collected by management companies and Homeowners’ Associations (HOAs). The case—stemming from a Sh119.8 million back-tax demand against Nextgen Mall Management Company on Mombasa Road—sets a...
Kenya’s real estate market has always been a favorite for investors, homeowners, and developers. But in today’s economy — with Nairobi property prices climbing, coastal holiday homes attracting attention, and bank lending rates hovering around 15% — many wonder: how many houses should you really own in Kenya in 2025? Contact Us Park Suites, 44 Parklands Road, Ground Floor, Suite 1,...
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