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Comprehensive Guide to Selling Mombasa Land and Plots for Sale: Everything You Need to Know
Mombasa is a beautiful coastal city in Kenya that is home to many ex-pats and tourists. If you are looking to invest in land or plots for sale in Mombasa, you will want to read this comprehensive guide first! In this article, we will discuss everything you need to know about selling Mombasa land and plots. We will cover topics such as the legal process of selling property in Kenya, how to find buyers for your land and more. So whether you are a local or foreign investor, read on for all the information you need to make a smart investment in Mombasa real estate!
The Kenyan government has been encouraging foreign and local investors to buy land and plots in Mombasa for residential, commercial, or industrial development. The purpose of having new Mombasa land and plots for sale is to help with the city's infrastructure development. For example, the construction of roads, bridges, and other public works projects require a lot of lands. By opening up more land for sale, the government hopes to attract investors who will develop these areas and create jobs for the locals.
If you are looking to sell your Mombasa land or plot, there are a few things you need to know about the process. First, you will need to get a valuation of your property from a registered valuer. This will help you determine how much your land is worth and what the market value is. Once you have a valuation, you can start marketing your land or plot for sale. You can list it on online real estate portals or classifieds websites. You can also approach real estate agents who specialize in selling properties in Mombasa.
When it comes to finding buyers for your land or plot, there are a few things to keep in mind. First, make sure that you are pricing your property competitively. Secondly, consider offering incentives to buyers such as discounts or freebies. Lastly, be patient and do not rush into any deals without doing your due diligence first.
Usually, the selling process of Mombasa land and plots takes about three to six months. However, this may vary depending on the market conditions at the time. Once you have found a buyer and agreed on a price, you will need to sign a sales agreement. This is a legal document that stipulates the terms of the sale. After the agreement is signed, you will then transfer ownership of the property to the buyer and receive payment in full.
Why has there been an increase in the demand for Mombasa land and plots for sale?
There are a few reasons for the increase in demand for Mombasa land and plots. First, the Kenyan government has been encouraging foreign and local investors to buy land and plots in Mombasa for residential, commercial, or industrial development. This is because the construction of roads, bridges, and other public works projects require a lot of land. By opening up more land for sale, the government hopes to attract investors who will develop these areas and create jobs for the locals. Secondly, Mombasa is a beautiful coastal city that is home to many ex-pats and tourists. This makes it an ideal place to invest in real estate. Lastly, the selling process of Mombasa land and plots usually takes about three to six months. This is a relatively short timeframe compared to other real estate investments.
If you are thinking of selling your Mombasa land or plot, we hope that this guide has been helpful. Remember to get a valuation of your property from a registered valuer, price your land competitively, and be patient when finding buyers. With these tips in mind, you should be able to successfully sell your Mombasa land or plot in no time!
In conclusion, demand for Mombasa land and plots is on the rise due to the Kenyan government's encouragement of investment in the city, as well as its beauty and relative affordability. If you are thinking of selling your land or plot, be sure to follow the tips outlined in this guide!