Kenya is fast becoming a real estate hotspot in Africa, drawing interest from diaspora investors, international developers, and global buyers seeking lifestyle, income, and long-term capital growth. Whether it's high-end villas in Nairobi’s leafy suburbs, beachfront homes in Diani, or commercial land along the Northern Corridor, property for sale in Kenya offers exceptional diversity and value.
At Fraser Bond, we guide international clients through every aspect of the Kenyan property market — from legal compliance and title verification to investment strategy and resale potential.
Kenya is East Africa’s largest economy, with robust infrastructure expansion and a growing middle class.
Government initiatives such as the Big Four Agenda continue to boost demand for housing and land.
Property in Kenya remains competitively priced compared to many emerging markets.
Investors benefit from low acquisition costs and high rental demand in key urban and coastal areas.
From Nairobi townhouses and urban apartments to coastal villas and agricultural plots, Kenya supports multiple asset classes.
Overseas Kenyans are driving demand for residential, mixed-use, and gated community properties across Nairobi, Kiambu, Kajiado, and Mombasa.
Yes — with specific conditions.
Foreigners can buy buildings (residential or commercial) and lease land for up to 99 years.
Investments through a registered Kenyan company are allowed.
Freehold land ownership is generally restricted to Kenyan citizens.
Agricultural land is typically off-limits to foreigners unless purchased via government exemption or a local company.
Fraser Bond works closely with Kenyan legal professionals to ensure secure title transfer, land due diligence, and compliant ownership structures for international buyers.
| Location | Appeal | Property Types |
|---|---|---|
| Nairobi (Karen, Runda, Kilimani, Lavington) | Capital growth, expat community, rental yield | Villas, townhouses, apartments |
| Mombasa / Nyali | Coastal city with business & holiday appeal | Apartments, beachfront homes |
| Diani Beach / Watamu / Malindi | High tourism, white sand beaches | Beachfront villas, eco-lodges |
| Kiambu / Limuru / Juja | Satellite towns with massive growth | Gated estates, plots, homes |
| Naivasha / Nanyuki | Second-home and retreat locations | Country houses, small farms |
| Athi River / Syokimau / Thika Road | Industrial and residential expansion zones | Serviced plots, mid-range homes |
Urban Apartments & Condos – High rental demand in Nairobi and Mombasa
Standalone Homes & Villas – For family living or executive lets
Serviced & Unserviced Plots – Ideal for developers and land bankers
Beachfront Homes & Lodges – Buy-to-let income in Kenya’s top coastal resorts
Commercial Property – Warehousing, office parks, retail hubs
| Property Type | Average Price Range (KES) |
|---|---|
| 2–3 Bed Apartment in Nairobi | KES 7M – 20M |
| High-End Nairobi Villa (Karen/Runda) | KES 40M – 120M+ |
| Diani Beachfront Villa | KES 20M – 80M |
| Mombasa 2-Bed Apartment | KES 8M – 15M |
| 1/8 Acre Plot (Satellite Towns) | KES 800K – 3M |
| 1 Acre Plot (Naivasha, Nanyuki) | KES 3M – 10M |
Note: Exchange rate as of April 2025: £1 ≈ KES 180
Title Search & Due Diligence
Conducted via the Ministry of Lands or county registry to confirm ownership, liens, or restrictions.
Letter of Offer & Sale Agreement
Buyer and seller agree to terms; legal teams draft and sign the sale agreement with a 10% deposit.
Land Control Board (LCB) Consent (if applicable)
Required for agricultural or controlled land purchases.
Stamp Duty Payment & Final Transfer
Stamp duty (2–4%) paid before title is registered with the Lands Office.
Fraser Bond ensures all transactions are legally compliant, with representation by independent Kenyan advocates and valuers.
| Fee Type | Rate |
|---|---|
| Stamp Duty | 2–4% of property value |
| Legal Fees | ~1–2% |
| Valuation Report | ~KES 30K – 100K |
| Registration & Transfer Fees | Varies per county |
| Annual Land Rates | Based on location and size |
Fraser Bond offers international buyers secure access to Kenya’s most promising property markets through a carefully vetted network of:
Licensed estate agents and developers
Legal and conveyancing firms
Valuers, land surveyors, and tax professionals
Tailored property sourcing based on investment goals
Legal and title due diligence
Structuring for foreign ownership or corporate acquisition
Rental yield and ROI advisory
Property lettings and management referrals
Assistance with repatriation, exit strategies, and resale planning
