When i joined Mwanjari Investments Ltd, i found that vacant land is one of the most overlooked and misunderstood real estate investments in the Kenya and the world over. Now, whenever I mention that I specialize in selling vacant land, there are blank stares flying all over. There is a huge misconception in the minds of many Kenyan real estate investors that vacant land is a “weak” (or even “pointless”) investment because…
- It doesn’t produce income.
- It just sits there and nothing happens.
- It’s just boring.
This as i learnt from Mwanjari Investments Ltd is an unfortunate misconception because the truth is – vacant land is capable of producing some serious cash flow and stands out as one of the best investments in Kenya because of its hands-off nature. The land just sits there and nothing happens. The simplicity and stability that comes with owning the right piece of land in Kenya (purchased at the right price) can far outweigh the myriad of problems.
1) At Mwanjari Investments Ltd we believe that With Vacant Land, You Don’t Need to “do” Anything to the Property.
Forget construction! Forget fencing! You don’t need to be an expert or know anything about how to develop a property yourself. In most cases, you really only need to know one thing: “Is the property suitable for building?” As long as someone else can build on the land if/when they want to, a huge part of the battle is already won.
2) Mwanjari Investments Ltd says that Land is a “Hands-Off” Investment.
Have you had enough of dealing with tenants, toilets, bugs, mold, lawn care, leaking roofs, bursting pipes, broken furnaces, and the hundreds of other issues that come with owning buildings? Vacant land doesn’t involve ANY of those things. Once you buy it… it sits there, it behaves itself, and nothing happens.
3) Statistically, Mwanjari Investments Ltd found that Vacant Land Owners are Highly Motivated to Sell.
Why? Because vacant land owners (by default) are always absentee owners in Kenya. When a person doesn’t live inside of (or even near) the property they’re trying to sell, there is less of an “emotional connection” (because it isn’t their primary residence). In many cases, you’ll find that these sellers are willing to sell their land for good prices – simply because they don’t live anywhere near it, it’s not producing any income for them (because they don’t know how to optimize their land correctly) and as a result,they are much more apathetic about it. Find these people, and you will find some incredible deals.
For great offers on land and plots at Juja, Juja Farm, Murera, Ruiru, Kamakis, Greater Eastern Bypass,Thika-Garissa Highway etc visit Mwanjari Investment Ltd marketing office at Blessed House Business Centre, along ThikaRoad, directly opposite Garden City Mall, near Safari Park Hotel. Call CPA Daniel Muguko on 0722281679 Now! Buy and Wait, Don’t Wait and Buy!