The most basic of human needs are food and shelter (clothes are debatable). From the time we were born, food became crucial for our survival and it shall remain so until our last breath. On average, a venture into food production or supply will gain one an income able to support their lifestyle. Shelter is a whole other story. Some of us are IDPs in our own homes and yearn the freedom associated with owning a house or a piece of land.
Sad to say, setting aside part of your salary to purchase land in Kenya might be in vain. A quick look at the current market value of land in, lets say, Kiambu reveals that land value has shot up four-fold in the last 3 years....and is still rising. In 2008, a sum of Kshs.5M would have acquired you 1 acre NEXT TO THE ROAD!! Right now, a minimum of Kshs.21M is required just to get the seller interested. As we move closer to CBD, the land prices get exponentially higher (translated: really f***ed up). But who says we should limit ourselves to Kenya??
SOUTH AMERICA:
I'm talking about Brazil, Uruguay, Paraguay, Argentina, Chile, Ecuador, Peru, etc. Land here is quite cheap compared to Kenya, and ranges from $4000 to $54000, the former being for 2+ acres of farmland in Argentina and the latter for a beach front in Ecuador. That's Kshs.400,000 for 2 acres of arable land on which you can grow sugarcane, soya, sorghum or whatever the climate sees fit...mostly grapes in Argentina. On top of earning foreign currency as a side job, you can build a house for vacation purposes. A few things are as relieving as going on holiday, say beach front house in Ecuador or vineyard in Argentina, with accommodation expenses fully covered. Many a country in South America has been hit by over 500% inflation and the currency value fluctuation might raise a few eyebrows. Couple that with trust issues people have, and you have yourself every reason not to go there. Like every other exchange, know the right people and you'd be surprised the size of land you can get.
OCEANIA:
New Zealand, Philippines, Fiji. Hawaii, Singapore, Papua New Guinea, etc. Oceania has some of the most beautiful islands on planet earth. In Makati City, Philippines, there's an ongoing construction that could see you own a condo for $60000 i.e. Kshs.6M. The best part: 0% down payment. You pay 40% during the construction and the remainder 60% upon delivery of the condo.....NOWHERE in Kenya can you find such an offer. And if you do find one, it's more and more of a suspicious transaction.And why should you trust this construction in Philippines?? Coz they're the ones who built the Niagara Tower and Sutherland Tower...to name a few.
Niagara Tower
Sutherland Tower (New Zealand)
Land ownership is in most instances much cheaper outside Kenya. Google a few places and place that call. You'd be surprised at how relatively easier it is to own one.



are you serious?
ReplyDeleteWas equally shocked when I found out. Major shift in my future plans ....major.
ReplyDeleteEven more reason to defect. That's the hook up, man!
ReplyDeletethanks for the hookup!
ReplyDelete(holla if ya hear me uuuhhhhhhhh)
where's my comment!!! its been eaten! steve, how COULD you??/
ReplyDeleteok, dont eat this one: Infact! infact!!! south america here I come! Singapore was already on my to-go-list!