maka wrote:@mibbz analyse Narok
Narok-right place wrong town; its the only decent town for miles with Nairobi and naivasha being 2 hours away and bomet 1.5hours away.i think the Narok county council is one disorganized lot; there is very poor planning of the town as evidenced by the disorganized buildings,very bad roads outside the town as you head to most residential areas and the common flooding of most of the town whenever it rains due to its low lying location.residents are trapped and have no option but to use the town
The town itself is ok and its one of the few rural towns i have seen having a booming cab business and the older the cab the less the business you get meaning most of them are new-plates premios,allions,runx etc They road network poor
On the plus side with tourism comes money to spend although i feel they haven't effectively utilized this. Restaurants within the town are luck lusture and only two-three are worth eating at. I feel like there are no alternatives within the town for the wealthy farmers and tourists seeking entertainment. Farming is big in Narok and the county has very many wealthy farmers as a result meaning increased purchasing power.
Another advantage of the town is Narok constituent college that shall be elevated in the near future into a fully fledged university thus opening up demand for real estate
Rental yields are good due to lack of good accomodation in the town,a comfortable two bedroom in a nice estate going for 15k with demand exceeding supply.add the incoming devolution and you have a greater demand and low supply of quality housing
Only issue i have is with Narok County Council being one of the richest in the country with such poor service provision to the people of Narok,i fear the county government might fall into the same 'eating' trap at least for the 1st two years before they wake up.
County and town with potential but only if they can get their act together,plan and maximize as they have it all.Am betting the nearby counties might overtake them should they not get it right this time round