Wealthlink Realtors Limited

Real Estate Intelligence

Wealthlink Realtors Limited

Real Estate Intelligence

FAQs

Frequently Asked Questions (FAQs) – Real Estate in Kenya

1. What is the process of buying property in Kenya?

The typical steps include:

  1. Identifying a suitable property
  2. Conducting due diligence (title search, zoning, land rates, etc.)
  3. Signing an Offer Letter
  4. Executing the Sale Agreement through your lawyer
  5. Paying the deposit
  6. Completing payments and transferring the title
  7. Registering ownership with the Ministry of Lands

2. What should I check before buying land in Kenya?

  • Title deed authenticity (search at the Lands Office or Ardhisasa)
  • Land zoning and approved land use
  • Access roads and right of way
  • Land rates or land rent clearance
  • Whether the land has any disputes, caveats, or encumbrances
  • Survey maps and boundaries

3. What documents are required to buy or sell property?

  • Original title deed
  • National ID & KRA PIN
  • Sale Agreement
  • Land rates/land rent clearance certificates
  • Valuation report
  • Transfer documents prepared by your lawyer

4. How much is Stamp Duty in Kenya?

Stamp Duty is charged at:

  • 4% for urban property
  • 2% for rural property
  • 1% for land transactions in “Special Economic Zones”
    Exact rates vary based on the property’s valuation by the government.

5. How long does it take to transfer a property title?

With Ardhisasa, transfers generally take 30–90 days, depending on verification, valuation, and clearance processes.

6. Do I need a lawyer during a property transaction?

Yes. Kenyan law requires a licensed advocate to prepare and review the Sale Agreement, verify ownership, handle title transfer documents, and ensure all legal requirements are met.

7. What is the role of a real estate agent in Kenya?

A licensed agent helps you identify suitable property, negotiate the best price, coordinate due diligence, prepare documentation, and guide you through the entire transaction.

8. What fees should I expect when buying property?

Common costs include:

  • Stamp Duty
  • Legal fees (1%–2% depending on property value)
  • Valuation fees
  • Agent commission (if applicable)
  • Title transfer costs
  • Land rates or land rent arrears (if any)

9. How do you handle property management?

We take care of:

  • Tenant sourcing and screening
  • Rent collection and reporting
  • Repairs and maintenance
  • Property inspections
  • Lease agreements
  • Managing complaints, disputes & emergencies
  • Ensuring compliance with Kenyan tenancy laws

10. How much rent should I charge for my property?

We analyze:

  • Location demand
  • Property condition
  • Size and amenities
  • Comparable properties
  • Market conditions

This ensures you set a competitive price that attracts tenants and maximizes returns.

11. How do I avoid real estate scams in Kenya?

  • Always conduct a title search
  • Work with verified agents and lawyers
  • Avoid cash transactions
  • Confirm the seller’s identity
  • Visit the property physically
  • Check for encumbrances or court cases
  • Use Ardhisasa for official verification

12. Can foreigners buy property in Kenya?

Foreigners can own leasehold property up to 99 years but cannot own freehold land in Kenya, except through special government approval.

13. What taxes apply to selling property?

Sellers pay Capital Gains Tax (CGT) at 15% of the net gain. Some exemptions may apply (e.g., sale of a family home).

14. How do I schedule property viewing with your company?

You can contact us via call, WhatsApp, website form, or email. We will arrange a viewing based on your preferred time and availability.

15. Do you assist with real estate investment advice?

Yes. We guide investors on:

  • High-growth locations
  • Risk factors
  • Expected rental yields
  • Market trends
  • Development opportunities
  • Long-term real estate strategies in Kenya

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