Kenya stands out as one of Africa’s most promising real estate destinations, combining a stable economy, rising urbanisation, and growing demand for both residential and commercial property. From luxury homes in Nairobi’s Karen and Runda to beachfront villas in Diani and Watamu, the market offers strong potential for capital appreciation, rental income, and long-term lifestyle investment.
Whether you’re a member of the Kenyan diaspora, a global investor, or a lifestyle buyer, Fraser Bond provides full-service support for sourcing, acquiring, and managing property in Kenya with expert local partnerships.
Urban expansion and population growth drive demand
Government infrastructure projects like the Nairobi Expressway and LAPPSET Corridor boost surrounding land value
Strong yields in prime areas of Nairobi, Mombasa, and Kisumu
Short-term holiday rental potential along the coast and safari zones
Significant price advantages compared to global emerging markets
Opportunity for land banking, development, or buy-to-let strategies
No restriction on foreign ownership of buildings
Residency available through work permits, investment visas, or Kenyan spouse citizenship
Yes — with some restrictions.
Buy apartments, houses, commercial property, and buildings
Own land on a leasehold basis (max 99 years)
Own freehold land, including agricultural land (unless through special exemption or company structure)
Buy land classified as community or trust land
Important: Foreigners are typically required to purchase land via a registered Kenyan company, or acquire leasehold rights.
Fraser Bond partners with local legal firms and land surveyors to ensure:
Title authenticity
Proper due diligence
Regulatory compliance with land laws
| Area | Appeal | Property Types |
|---|---|---|
| Nairobi (Karen, Runda, Kilimani) | Capital city, expat demand, rental yield | Villas, apartments, townhouses |
| Mombasa / Nyali | Coastal living, resort potential | Beach homes, investment flats |
| Diani Beach / Watamu | Tourism and holiday rental hotspot | Oceanfront villas, eco-lodges |
| Naivasha / Nanyuki | Second homes, cooler climate | Country homes, farm-style houses |
| Thika / Kitengela / Athi River | Land for development, industrial hubs | Plots, warehouses, gated estates |
| Malindi / Lamu | Heritage and seafront charm | Boutique hotels, Swahili-style homes |
Apartments and Condos – Popular with urban professionals and investors
Standalone Houses and Villas – Ideal for families or rental portfolios
Beachfront Villas – Income-generating holiday lets in coastal zones
Commercial Units and Warehousing – For logistics, retail, and office use
Land Plots – For residential development or agriculture (subject to restrictions)
| Location | Typical Property Prices (KES) |
|---|---|
| Nairobi (1–3 bed apartment) | KES 7M – 25M |
| Karen/Runda Villas | KES 35M – 100M+ |
| Diani Beach Villas | KES 20M – 80M |
| Mombasa Nyali Apartments | KES 10M – 30M |
| Naivasha Homes or Land | KES 5M – 20M |
| 1-Acre Leasehold Plots | KES 1.5M – 15M+ (based on location) |
Note: £1 ≈ KES 180 (subject to exchange rate fluctuations)
Conducted via Ministry of Lands or digital land registry
Checks for encumbrances, fraud, and ownership verification
Typically 10% deposit with Agreement for Sale
Sale must be witnessed by an advocate (lawyer)
Land Control Board or Commissioner approvals required for certain transactions
Stamp duty (typically 2–4%) paid before registration
Title or lease transferred and recorded with Land Registry
Fraser Bond oversees this process through vetted local legal professionals and property consultants, ensuring security and transparency.
| Cost | Rate |
|---|---|
| Stamp Duty | 2–4% of sale price |
| Legal Fees | ~1–2% |
| Registration & Valuation Fees | Minor costs depending on location |
| Annual Land Rates | Set by county governments |
Fraser Bond delivers trusted international property services for investors, diaspora clients, and expats seeking to buy property in Kenya. Through our network of reliable agents, developers, and legal advisors, we ensure every purchase is:
Secure and compliant
Supported by due diligence and title verification
Tailored to your goals — whether for living, investing, or development
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