As we enter 2024, the real estate market is witnessing a dynamic shift, with one investment option standing out as both timeless and future-proof—land. While there are many forms of investment, land remains a constant, appreciating in value over time, and offering the potential to build long-term wealth. At Think Real Estate, we firmly believe […]
Land rent in Kenya is an important financial and regulatory component that landowners, investors, and developers must consider when owning property in urban areas. The concept of land rent is primarily a fee paid by landowners to the county government for the use of land. This annual payment serves several purposes, from generating revenue for […]
1. Conduct Thorough Research Understand the Market: Local Market Conditions: Research property values, rental rates, and overall market trends in your target area. Use resources like Zillow, Redfin, and Realtor.com for up-to-date information. Future Developments: Be aware of planned infrastructure projects, new businesses, and community developments that could impact property values. Neighborhood Analysis: Quality of […]
When it comes to real estate transactions, skipping the essential step of research can result in significant risks and long-term consequences. Conducting thorough due diligence is crucial for ensuring a successful and secure investment, whether you’re purchasing land, buying a home, or investing in a commercial property. Here’s a breakdown of the risks you face […]
Understanding the various types of land use is essential when considering property investment. Each type serves a distinct purpose and comes with unique characteristics that make it suitable for specific activities or developments. Here’s a deeper look into the five main types of land use: 1. Residential Land Use Residential land is primarily intended for […]
Investing in land is one of the most secure and long-term financial decisions an individual can make. However, it is essential to understand that purchasing land involves more than just finding an attractive plot and signing a contract. There are legal, regulatory, and financial considerations that can make the process complicated for a first-time buyer. […]
