What types of mortages are available and how can I get pre-approved?

In Kangundo, you primarily find fixed-rate and adjustable-rate mortgages. To get pre-approved, gather your financial documents (income, assets, debts), submit a mortgage application to your preferred lender, and undergo a credit check. Start by contacting banks or financial institutions in the area for more specific guidance on their application process.

How can I get a home inspection in Kangundo?

To get a home inspection in Kangundo, Nairobi, Kenya, you can search online platforms such as olx.co.ke for certified home inspectors. Additionally, you can ask for referrals from local real estate agents or check with the National Construction Authority at nca.go.ke for a list of accredited professionals. Ensure the inspector has a good track record for reliable results.

How can I verify the safety and crime rates in a particular Kangundo neighborhood?

To verify the safety and crime rates in Kangundo, visit the Kenya Police Service website or check the National Police Service's crime statistics section. Local newspapers and community forums often discuss neighborhood safety. Additionally, engaging with Kangundo community groups on social media platforms can provide first-hand insight into the crime rates and safety concerns in that area.

What is the process of purchasing a property in Kangundo?

To purchase property in Kangundo, Nairobi, Kenya, first, hire a real estate agent. Then, identify the property you're interested in and conduct a title search at the Lands Registry. Next, a sale agreement is drafted, followed by paying a deposit (commonly 10% of the property's value). Finally, transfer the property and complete payment. Registration with the Lands Registry secures ownership.

Property for sale in Kangundo - The Star Classifieds

What are the property taxes in Kangundo and are there any other ongoing costs I should consider?

In Kangundo, Nairobi, Kenya, property taxes depend on property size and value, typically ranging from KES 5,000 to KES 12,000 annually. Ongoing costs include utility bills (water, electricity) and maintenance fees. It's crucial to also factor in annual land rates paid to the county government. For precise figures, contact the local authorities or your property agent.

What types of upfront costs and fees will I have to pay when purchasing a property in Kangundo?

When purchasing property in Kangundo, upfront costs include stamp duty (4% of property value), legal fees (approx 1% to 1.5%), and a property valuation fee (varies, approximately KES 5,000 to KES 20,000). Additionally, buyers should account for possible mortgage arrangement fees and the cost of title transfer, which vary based on the property and financial institution involved.

How does the Kangundo property market compare to ther regions in the Kenya?

In Kangundo, the average price for a 1/8 acre plot is KES 150,000, significantly lower compared to Nairobi's upscale areas like Karen where prices can reach KES 65M for a half-acre. Comparatively, in Nakuru, an equivalent plot in areas like Lanet might cost around KES 1.2M, highlighting Kangundo's affordability for buyers seeking investment or residential plots within or near major Kenyan cities. Source data from available real estate listings as of the cutoff date.

How competitive is the Kangundo property market?

The property market in Kangundo, Nairobi, Kenya, is increasingly competitive due to its growing urbanization and accessibility. For instance, land prices in Kangundo have seen a significant rise with prices starting from approximately 2 million KES for a 1/8-acre plot, reflecting the demand for residential and commercial spaces. Moreover, with developments such as the Greater Eastern Bypass enhancing connectivity, the attractiveness of Kangundo to investors and homebuyers continues to escalate, marking a notable shift in its real estate dynamics.

74 Property for sale in Kangundo listings are price checked

Listings from hauzisha.co.ke, propertypro.co.ke and 6 more

3 bedroom house for Sale in Tabere Crescent & Kangundo Road

2 bedroom house for Sale in Tabere Crescent & Kangundo Road

1 bedroom house for Sale in Tabere Crescent & Kangundo Road

3 Bed House with En Suite at Kangundo Road

3 Bed House in Kamulu

4 Bed House in Kamulu

3 Bed House with En Suite at Kamulu 26

Vineyard Gardens-Kangundo road,Malaa

Sunview Gardens Kangundo road,Malaa

2 bedroom apartment for sale in Koma Rock

3 bedroom apartment for sale in Koma Rock

3 Bedroom Flat roof Bungalow

4 Bedroom Maisonatte for Sale in Kamulu

Mint Villas 3 and 4 bedroom houses in Malaa

Flatroof With Slab Sq Bungalows- Sold Out!

Flat Roof Bungalows- Sold Out

Joska Bungalow

Luxurious Sunview Estate

Luxury 3 Bedroom Bungalow All Ensuite

Luxury 3 Bedrooms, All Ensuite

Four (4) Bedroom Two Ensuite House On An Eighth Of An Acre Compond

Farm for Sale in Kangundo Road

3 Bedroom House for Sale in Kangundo

3 Bedroom Townhouse for Sale in Kangundo Road

Related searches