Costly Mistakes to Avoid When Purchasing Property in Kenya

Costly Mistakes to Avoid When Purchasing Property in Kenya

1. Money Matters
   • Don’t send money directly to the seller or their advocate unless advised by your qualified advocate.
   • Don’t pay the whole amount at once. Deposits should be at least 10%.
   • Don’t pay in hard cash! Always ensure there’s a money trail.
2. Not Having Your Own Lawyer
   • Don’t engage in any property transaction without appointing your own qualified advocate.
   • Your advocate will advise you on the necessary documents and other important experts such as surveyors and valuers.
3. Relying on Influencers
   • Don’t make a decision to buy land based solely on journalists, social media influencers, pastors, friends, or TV adverts.
   • Influencers cannot perform due diligence on your behalf.
4. Buying in Secrecy
   • Don’t buy property without informing your family, close friends, confidants, or spouse.
   • They may provide valuable alternative opinions or warn you of potential risks.
5. Not Doing a Site Visit
   • Don’t buy property without a physical site visit or through your power of attorney or qualified advocate to ensure the land is vacant.
   • Upon your advocate’s advice, engage a qualified surveyor to map out the beacons on a second site visit.

By avoiding these common pitfalls, you can make a more informed and secure property purchase in Kenya. Always seek professional advice and ensure thorough due diligence to safeguard your investment.