Nile Real Properties

Our Featured Properties

Discover our prime properties in Kenya, meticulously curated for you to cater to a diverse range of preferences and needs.

Featured
SALE
Uthiru Flats for Sale - Become a Landlord along Waiyaki way by simply by reaching out to us!
KSh33,000,000

Uthiru Flats for Sale - Become a Lan...

Buy A Block of Flats and get land for ...
  • Apartments
  • Beds: 1
  • Baths: 1
Featured
SALE
Karen Waterfront Plot - Make a Home in your Dream area, near DP's Residence in Karen
KSh55,000,000
Karen

Karen Waterfront Plot - Make a Home...

Do you have a plan to build your mansion ...
  • Land
Featured
SALE
Naivasha Road (RIruta) Plots - GET ONE AS EARLY AS THE OFFER LASTS!
KSh18,000,000

Naivasha Road (RIruta) Plots - GET O...

Imagine owning an authentic parcel of land in the ...
  • Land
  • Size: 0.125 Acres
Featured
SALE
Isinya Town Plots - Come and experience a life away from rowdiness
KSh1,200,000

Isinya Town Plots - Come and experie...

Everyone if not all, wishes to live in calm ...
  • Land
  • Size: 0.125 Acres
Featured
SALE
Ndumbuini Plot - Prime location for Commercial Development in Lower Kabete
KSh120,000,000

Ndumbuini Plot - Prime location for...

1.2 Acres Land for Sale in Upper Kabete Vacant Land Offers ...
  • Land
  • Size: 1.2 Acres
Featured
SALE
Opal Luxury Apartments in Thindigua (Kiambu)
KSh4,500,000
Kiambu

Opal Luxury Apartments in Thindigua...

An Opportunity to own the Upcoming 1 & 2 ...
  • Apartments
  • Beds: 1
  • Baths: 1
  • Size: 45sqm
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About

Nile Real Appraisers (EA) Ltd

We are a real estate consultancy company, offering various real estate consultancy services:-

Valuation of Assets
(Buildings, Plots, Equipment, Plant, Machinery, Motor Vehicles, Businesses et al) for various purposes (Including Lending Institutions-Banks, Financial Reporting, Insurance, Leases, Compulsory Acquisition, Court Bonds, Way Leaves, Investment decisions et al);
Property Management
(Letting, Lease Administration, Rent Collection, Repairs and maintenance);
Real Estate Agency
(Letting and Selling of Real Estate);
General Real Estate Consultancy
(Feasibility Studies, Viability Studies et al);

What Our Client Say About Us

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Kiongozi Kennedy Murithi

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Anne-Marie Butuba

Frequently Asked Questions

To own real estate in Kenya as a foreigner, you will need to provide a valid passport, obtain a Kenyan tax ID known as a KRA pin (this is obtained during the transaction process with the help of our lawyers), and have sufficient funds or financing options to make the purchase.

Absolutely! Kenya welcomes all foreign investors.

Freehold ownership provides permanent and absolute control over the property, while leasehold ownership grants the right to use the property for a specific period, subject to the terms of the lease agreement. Freehold ownership is only available to Kenyan citizens. Foreigners can own land in Kenya on a leasehold basis for up to 99 years, which is renewable.

If you rent out your property, you will be subject to paying a rental income tax of 7.5% monthly on the gross income generated. This is not to be confused with property tax; this is an income tax.

Buying a property, especially an apartment, in Kenya involves the following steps; Initiate the process by engaging with a reputable real estate agent to help you find a property that matches your preferences and requirements. Once you’ve selected a property, your real estate agent will connect you with the property developers/owner. The developers will then prepare an offer letter that outlines the terms and conditions of the property purchase. The offer letter will be accompanied by necessary documents such as the title deed, company registration form, property search, and NEMA approvals, among others. The offer letter is valid for 7 days. You have seven days to conduct due diligence on the property, which involves reviewing the documents and ensuring all legal aspects are in order. After conducting due diligence, you’ll need to sign the offer letter and make a required deposit, typically ranging from 20% to 30% of the property’s total value. After making the deposit, you can propose a payment schedule that suits your financial capabilities, as long as it aligns with the project completion period. Payment schedules can be on a monthly, quarterly, or every six months basis. The developers will then prepare a legally binding sale agreement for the property purchase. Sign and send it back. Once the property is completed and you have completed the payment, the unit will be handed over to you. As a property owner, you will receive a sectional title that serves as proof of ownership of your specific unit and shared ownership of common amenities in apartment complexes or gated communities.

Closing costs in a property purchase in Kenya typically include: Standard Legal Fees: These are legal charges, usually around 1% of the property’s value, for the legal work involved in the property transfer process. Stamp Duty Fees: These fees range from 2% to 4% of the property’s value, depending on the property’s location (urban or rural), and are paid to the government for property registration. Additional Charges: There are other charges such as service charges for six months, transfer and registration of title, formation of a management company, and installation of electric and water meters. In total, the closing costs typically amount to approximately 6% of the property’s value. It’s essential to factor in these costs when budgeting for a property purchase in Kenya.

Upon purchase, you will receive a sectional title under the Sectional Properties Act of 2015, confirming ownership of your specific unit and shared ownership of communal areas like swimming pools

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