Nakuru City is joyfully enjoying the first year of its city status. Among the many things the new city is relishing is enlisting by UNESCO to join the creative cities network, its growing industries base, positive demographics, planned expansion of Nakuru - Nairobi highway, upgrading of an airport, revival of the railway line, the city redesign plan among others.
The real estate market has not been left behind either. We all know that the property market is influenced by demographics, interest rates, government policies and a growing economy. Nakuru real estate market is not an exemption. There are a number of other factors that are driving up real estate market in Nakuru City.
First, the newest city has key sectors that boost its revenue collection. From Kenya Bureau of Statistics, Nakuru has the second-highest GDP rate in Kenya compared to Nairobi. This growth is directly influenced by sectors such as farming, energy, in this case, geothermal power and tourism.
Population is another factor that drives real estate growth in any area. From the 2019 Census, Nakuru City has a population of over 2.1M people making it the third most populated area in Kenya after Nairobi and Kiambu. Globally, an increase in population directly leads to an increase in demand for commercial and residential properties in Nakuru
Further, Nakuru City enjoys an average appreciation of land prices of12.7 per cent. This is according to County Land Prices, which analyses prices of land across the country. All these factors point to the benefits of investing in real estate property, especially vacant land.
Are you looking for a company selling land in Nakuru? We have done some homework for you on some of the land selling companies you should consider when making this important investment decision.
Username Investment Limited is undoubtedly the top land-selling company in not only Nakuru City but also Kenya at large. The company has a record of delivering over 50 projects, with 14 properties in Nakuru City. Some of the land projects by Username Investments in Nakuru are; The Hamptons Nakuru Phase I & II, Springfield - Nakuru Phase I, II, III, IV & V, Havanna Estate Nakuru Phase I, II, III & IV, The Vantage Naivasha Phase I & II and Harmony Gardens Nakuru.
The company stands out for offering prime properties near major highways such as Nakuru - Eldoret highway and in areas with very high potential to grow into high-end residential estates at very affordable prices. Further the projects enjoy amenities such as borehole water, chain link perimeter fence, estate gate, graded access roads and electricity on site.
Reuben Kimani, CEO, Username Investments says "Nakuru City is the future of Kenya, if you are looking for where to find value in investments invest in Nakuru real estate market. We have done a number of projects in Nakuru and we are currently offering Havanna Estate Nakuru Phase 4 at a cash offer of Ksh 629,000. This is a prime plot in Nakuru ideal for both commercial and residential developments"
Further, to increase the convenience of investors going to see the properties and sign land documents, Username Investments has a Nakuru Office strategically located at Assumption Centre 4th Floor.
Damka Properties
Damka Properties is a property company in Nakuru. It is one of the fast upcoming, customer-focused real estate agent companies making a significant footprint in the newest city.
The vision of the company is to continue to earn and maintain the reputation as a refreshing, unique, creative, trustworthy, value-add and professional real estate service provider.
Danco Limited
Danco Limited is a professional real estate consultancy powerhouse providing integrated real estate consultancy services to its clients. The company goes beyond limit to provide required services and information to clients that leave them satisfied and ready to boldly take their real estate decisions.
Muigai Commercial Agencies
Muigai Commercial Agencies is a world-renowned name in matters real estate with years of experience in real estate matters. The company boasts of the largest portfolio of buildings, flats, estate, lands and offices under its management. The real estate company has offices in Nakuru and Nairobi.
Jojean Properties
Jojean Properties Limited is a real estate and property management company. The company has set pace in real estate and is determined to offer customer satisfaction and remain leaders in the industry through a solid culture of business ethics and dedication to quality service provision to all clientele.
In conclusion, getting a genuine land selling company in Nakuru is now easy and convenient, you can talk to a company that has a track record of selling land in Nakuru and they will guide you on how to buy land and get a get a genuine title deed. If you are a Kenyan living abroad and looking for affordable land investments opportunities in Kenya for a Kenyans in diaspora, you can bet on some on the properties for sale in Nakuru.
