Conversion of long-term leases to sectional titles.
Property taxes and Statutory Fees in Kenya
If you are a property owner in Kenya, these are the taxes you should know about; Rental Income Tax Residential Properties & Mixed-Use Properties Rent Taxes This tax is payable…
Real Estate: A case of value in use vs. value in exchange
Trade has been part of our day-to-day activities even before civilization. Since the early days, goods and services have been exchanged for other goods, precious metals, credit, paper currency and…
Understanding hotel’s five star rating
Five Star These are hotels that offer only the highest level of accommodations and services. The properties offer a high degree of personal service. Although most five-star hotels are large…
WHAT TO LOOK OUT FOR WHEN VIEWING A HOUSE
Viewing a house before renting or purchasing remains a critical step; and there is much more to look out for when considering a house other than just how spacious the…
Guide to buying to property in Kenya
Do you want to sell/buy property in Kenya? this is what you need to know... Owning property is one of the ultimate goals for most people and while the thought…
6 COMMON MISTAKES BUYERS MAKE WHEN BUYING PROPERTY
Buying property is perhaps one of the life’s exciting ventures. It is a big step involving a substantial long-term financial commitment, and there are mistakes that you can make that…
Rental Income Tax – What you should know
The Law Rental income is taxable under Section 3(2) (a) (iii) of the Income Tax Act, Cap 470 Laws of Kenya. In addition, rent on non-residential buildings (Commercial) is also…
How high interest rate affect real estate industry
Interest is the cost of borrowing money, usually a percentage of the borrowed amount known as the principle. Prevailing rates are dependent on the Central bank’s base rate and even…
First REIT launches in Kenya
A Real Estate Investment Trust is a Company that owns or finances income producing real estate. If you are an investor looking for regular income stream, diversification and long term…