Question 1

Property can be paid using which currency?

admin · Accepted Answer

Property can be paid using the KES or US$ , based on the current rate of exchange stated by the Central Bank of Kenya buying rate

Question 2

What developments are allowed on the plot?

admin · Accepted Answer

Currently the plot is designated a freehold for  agriculture use but this can changed at buyers cost through the Nairobi County Government.

Question 3

What are the payment terms?

admin · Accepted Answer

10% or more on signing of the sales agreement and balance  within 90 days after signing of the sales agreement.

Question 4

Who will pay for sale transaction charges?

admin · Accepted Answer

The charges will be paid by buyer and seller depending on the type of charge and this will be stated in the sale agreement.

Question 5

Can one buy part of the plot?

admin · Accepted Answer

Yes  a minimum of 1 acres portion or more  at  a negotiable  price of  KES. 60 million per acre