Co-op Bank is offering young Kenyans an opportunity to finance up to 100 per cent of the cost of a residential property through a mortgage facility of up to Ksh10.5 million. The facility, offered under the Kenya Mortgage Refinance Company (KMRC) mortgage solution, has an interest rate of 9.5 per cent and a repayment period of up to 25 years for salaried borrowers. Evan Mwangi, Acting Head of Retail...
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 sector continues to serve as a vital pillar of national economic development, contributing approximately 8.1% to Gross Domestic Product (GDP)—and expanding past 15.0% when combined with building and construction activities. Despite ongoing macroeconomic hurdles, the sector demonstrated operational strength in the first half of 2026. According to the latest Cytonn H1'2026 REITs...
When you look at a raw piece of land today, it is easy to see only what immediately surrounds it: quiet farms, a few scattered houses, a dirt road, or a lone local kiosk. But land does not exist in a static bubble. Neighbourhoods evolve. What is peaceful farmland today can become a vibrant residential hub tomorrow. Scattered houses consolidate into organized estates. Retail services follow the...
For many families, the dream of owning a home is measured by a simple moment: the day the final payment is made. The paperwork is completed, the outstanding balance reaches zero, and the house is finally theirs. But what happens next? For a family that has spent years directing a significant portion of its income toward housing, paying off the home creates a financial shift that goes far beyond the...
The Hidden Economics of Kenya's Informal Housing Market For years, investors have viewed upscale neighborhoods such as Kilimani, Kileleshwa, Westlands, and Lavington as the gold standard of real estate investment in Kenya. However, Housing Principal Secretary Charles Hinga has challenged that perception, revealing that some of the highest rental yields in Nairobi are generated not in luxury estates but...
The Kenya Mortgage Refinance Company PLC (KMRC) has announced a fresh KSh 3 billion bond issuance aimed at expanding access to affordable housing finance and strengthening Kenya’s growing real estate sector. The sustainability-linked bond is expected to channel more liquidity into mortgage lending, creating new opportunities for buyers searching for Houses for Sale in Nairobi Kenya, Homes for Sale in...
The Quiet Crisis in Homeownership Across global cities like Nairobi, London, Toronto, and Mumbai, a growing pattern is emerging—people are buying homes that stretch their finances to the limit or even beyond. On paper, they “qualify” for mortgages. In reality, many are becoming house-poor—owning property but struggling with monthly living costs. This is not just poor financial planning....
In real estate in Nairobi, one belief has remained almost unquestioned: buying property is a guaranteed path to wealth. From houses for sale in Nairobi to land for sale in Kenya, ownership is often seen as the ultimate financial milestone. But here’s the uncomfortable truth—property investment in Kenya does not always make the buyer the biggest winner. Behind every transaction lies a complex...
At least six people were injured on Wednesday February 11 morning after a building under construction collapsed at the junction of Racecourse Road and Kirinyaga Road in Nairobi’s Central Business District (CBD), once again drawing attention to deep safety gaps in the Nairobi real estate market. Police confirmed that the incident occurred in the early hours of February 11 near the busy OTC area in...
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