Residential property for sale in Nairobi, Kenya (2024)

FAQs

Can foreigners buy property in Nairobi? ›

Yes, a foreigner can own land in Kenya in their name. The provisions of law regulating landholding by non-citizens are found in the Constitution of Kenya, the Lands Act (Act No. 6 of 2012), and the Land Registration Act (Act No.

High end areas

In areas like Rosslyn and Muthaiga, they are ideal for expats or individuals seeking to live in Blue zoned areas. Areas such as Muthaiga, Runda, Riverside, Rosslyn and Karen are also aptly located in close proximity to Nairobi's business districts.

Most Nairobi residents fall into the middle-income or lower brackets, with a monthly income of Kshs 60,000 or less. According to the 30% rent guideline, the typical citizen can comfortably afford a monthly rent of Kshs 18,000 for a unit in the Nairobi Metropolitan Area (NMA).

Foreigners can own property in Kenya in their name. The Constitution (2010), the Lands Act (6/2012) and the Land Registration Act (3/2012), subject to certain limitations, grant the right to any person, either individually or in association with others, to acquire and own land in Kenya.

Avoid large gatherings, monitor the media for updates and follow the advice of local authorities (see 'Safety'). Terrorists continue to maintain a strong interest in attacking foreigners in Nairobi and other major population centres in Kenya. Attacks could occur at any time, with little or no warning.

Safety Tips for Travelling to Nairobi

It is strongly advised against walking or travelling alone at night.

Summary of cost of living in Nairobi, Kenya: A family of four estimated monthly costs are 1,920.1$ (249,611.4KSh) without rent. A single person estimated monthly costs are 533.6$ (69,368.0KSh) without rent.

According to the 2024 Africa Wealth Report by Henley and Partners, Nairobi was the home to 61pc of wealthy Kenyans at 4,400 with others residing in Mombasa and other towns. “Solid growth of over 80%+ is also projected in Lusaka and Mombasa.

How much does a good house cost in Kenya? ›

That said, the average purchase price of a 1 to a 3-bedroom house in Nairobi as of 2019 was 14.4 million shillings (US$140,666), while that of a 4-6 bedroom residential averaged at about 39.1 million shillings (US$ 381,948).

Kenya Monthly Earnings stood at 634 USD in Jun 2021, compared with the previous figure of 651 USD in Jun 2020 See the table below for more data.

A flat outside the city centre will come in at around USD$139 per month. If you're planning to live in the capital, the price of rent comes in a little higher, with a one bedroom apartment costing around USD$414 per month in Nairobi City Centre.

Gigiri. Gigiri is one of Nairobi's most prestigious neighborhoods, known for hosting numerous embassies, international organizations, and the United Nations headquarters. Its status as a diplomatic hub makes it a top choice for diplomats and expatriates seeking proximity to their workplaces.

The Annual NGO Sector Report published by the NGOs Co-ordination Board, the State agency that regulates NGOs, has revealed that on average, an international staff in Kenya is paid Sh2. 4 million annually or about Sh202,000 per month, compared to Kenyans who on average earn Sh627,000 annually or Sh52,300 per month.

The law requires that all foreigners resident within Kenya for a period exceeding 90 days be registered.

Buying land can be a great investment, whether you plan to build a home, start a business, or simply hold the property for future appreciation. However, the process of purchasing land in Kenya can be complex, especially if you live abroad.

This form of tenure does not allow Non-Kenyan or Foreigners to own land. The second term of tenure (Leasehold) system is the interest in land for a specific period of time subject to the payment of land rent to the National or County Government. The Kenyan Laws limits non-citizens to a maximum tenure of 99 years.