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I found a plot at Kamulu!!! is it a good deal???
Rank: Member Joined: 3/24/2010 Posts: 101 Location: Nairobi
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Hi Investors....I have come across a plot at btn Kamulu and Joska, just ~350-500m from Kangundo Road...the size is 50 by 100 at Sh180,000...the plot has a title deed....Wazurians, Is this a good deal?????Please advise!!!
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Rank: Veteran Joined: 5/8/2007 Posts: 885
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do plots there have titles really? thot they have certificate.check thursday classifieds to get a rough idea of what current market rates are
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Rank: Member Joined: 7/22/2008 Posts: 851 Location: nairobi
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that is a good bargain. Going under the prevailing market rate. Old parcels of land do have titles
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Rank: Member Joined: 3/24/2010 Posts: 101 Location: Nairobi
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murenj wrote:that is a good bargain. Going under the prevailing market rate. Old parcels of land do have titles Indeed I found it a bargain, I will be searching for the title shortly.....what's the best procedure of buying the plot??? do I clear paying or I clear when the transfer is done...cos I will need the owner to appear before the land board!!!
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Rank: Veteran Joined: 4/4/2007 Posts: 1,162
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Rank: Member Joined: 3/24/2010 Posts: 101 Location: Nairobi
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mmmmmmmm quite encouraging...will go for it!!!
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Rank: New-farer Joined: 2/12/2010 Posts: 78 Location: nairobi
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Where in Kamulu is that? Do you want the plot to finally settle there or to resell? My parents had some plots there for more than 15 years and one of them was sold recently at 140k. That place never seems to grow and the plots do not increase in value either as you would expect them to. Ask around before buying.
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Rank: Member Joined: 10/6/2009 Posts: 164
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Wazuans, what is the market rate for a 40X80 plot in Roysambu?
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Rank: Member Joined: 3/24/2010 Posts: 101 Location: Nairobi
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everlasting wrote:Where in Kamulu is that? Do you want the plot to finally settle there or to resell? My parents had some plots there for more than 15 years and one of them was sold recently at 140k. That place never seems to grow and the plots do not increase in value either as you would expect them to. Ask around before buying. It is btwn kamulu and Joska, a place called "roadblock"...intend to settle there in the next 5yrs or so...
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Rank: Member Joined: 3/24/2010 Posts: 101 Location: Nairobi
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Phaoro wrote:Wazuans, what is the market rate for a 40X80 plot in Roysambu? It is about 1-1.5m, a plot of 50 by 75 is btwn 1.7-3m depending on the area/ proximity to the road
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I found a plot at Kamulu!!! is it a good deal???
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