Best Land Prices Around Nairobi, Kenya – Price KES 600000
Currently the best ablaze value roughly Nairobi is to be found in the place along along with Mombasa road on speaking one side, Kangundo road, Eastern Bypass going on for the postscript and Kangundo-Machakos road upon the fusion less.
In this place is where the Greater Eastern Bypass is currently beast fabricate occurring.
Previous Best Land Prices
In the last two years [2008-2010], the best and value was to be found along the current Eastern Bypass together along along as well as Mombasa Road and Thika road passing through Njiru. Land price was harshly KES 150,000 to KES 200,000 per acre following there was no all-weather road. When the road construction began, the price rose steadily. Now that the road construction is huge, rest price neighboring to the Bypass is vis–vis KES 8 to 10 million. This price keeps rising upon the daily as demand creeps in.
Cardinal Rule In Buying Land
People who proverb the well-ventilated earlier upon and bought even though the on fire price was KES 150,000 are now smiling all the pretentiousness to the bank. The cardinal regard as bodily in investing in blazing is easy: Research upon whether there are plans by the Government to member taking place infrastructure, make a buy of subsequently than there is no infrastructure and sell gone infrastructure is in area. A kilometer of tarmac road costs in the region of KES 50,000,000 to put happening. This means that its only the Government that can afford to put going on tarmac roads so, land value will appreciate along the tarmac road as adjacent to off the tarmac road. This is why an acre of flaming in Kitengela adjoining the tarmac at KES 30,000,000 is more costly than an acre of house closer to Nairobi-Syokimau, 2 km off the tarmac going for KES 10,000,000.
Areas such as Ongata Rongai and Kitengela were behind pleasing buys 10 years ago back there was no infrastructure. Currently, an acre of home in Rongai less than 1km from the tarmac costs approximately KES 20,000,000 and that is if you are privileged to deem it. People who bought this home 10 years ago got the best negotiation.
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The Greater Eastern Bypass is currently mammal fabricate happening. Plots in the region of this area which is easily accessible to Nairobi CBD [as well as reference to 40 to 60 km from Nairobi [ CBD] currently cost amongst KES 600,000 to KES 700,000 per acre and KES 80,000 per 1/8th. Once the Bypass construction is through, the plots will totally shoot happening to KES 8 to 10 million per acre just as soon as the ones along the now-unlimited Eastern bypass.
Currently, we have several 1 acre parcels along the Greater Eastern bypass for sale for in the midst of KES 600,000 to KES 700,000 and KES 80,000 per 1/8th acre intend. Offers to make a buy of are invited.
