Why Nakuru Is Still The Best Location To Invest In Real Estate

The city is located 160 kilometers from Nairobi, the Kenyan capital, along the Nairobi-Nakuru Highway.

It ranks behind Mombasa and Nairobi as the third-largest city in Kenya. At 1,850 meters above sea level, it is located.

Have you ever thought of Nakuru as an attractive location for real estate investment? This town has got numerous features that prove it as best if you try real estate as follows:

  1.  Population 

There is much pressure on land .everyone wants a place to call home whether temporary or permanent.  After Nairobi and Kiambu come Nakuru. This is a result of its multicultural heritage, where the majority of Kenyan tribes call this place home. Globally, the rising population directly correlates with rising demand for residential and commercial real estate. In light of this, Nakuru has seen an increase in the demand for residential and business spaces.

2. High land appreciation prices

The likelihood that the public will invest in real estate is high when an economy is showing strong growth. For instance, Nakuru’s new city has been luring investors from NGOs, industry, and local businesses alike. Residents who invest in real estate products as a result of this continue to have employment prospects.

3.  Road networks

At the Nyahururu turnoff, the county recently constructed the multi-million-shilling Kunste interchange, which has lowered traffic as you approach Nakuru Town and offers a beautiful perspective of the city. The Nairobi-Nakuru-Eldoret highway’s Njoro junction has drastically improved Nakuru town’s appearance. The major Nakuru-Nairobi route is also scheduled to be extended to the dual carriage, which should reduce traffic. In recent years, manufacturers have begun to appear in Nakuru, most recently with the opening of a cement factory along the Nakuru-Eldoret highway.

4. Cheap Residential Plots Close to Nakuru Town

Plots under Ksh 1 million are available for purchase in Nakuru, close to the town of Nakuru, and along important highways including the Nakuru-Eldoret highway. Mostly residential, value-added, and with ready title papers are the plots. The land is reasonably priced and close to the town. Due to the country’s favorable weather, investors can get involved in agriculture and profit from it.

5. Growing town

The Kenya Airports Authority (KAA) is about to start building an airport in Nakuru for Ksh 3 billion. As a result, there will be an increase in passenger air travel and easier agricultural exports. The Cabinet has also given its approval for Nakuru town to become a city. As Nakuru prepares to become a city, the World Bank granted the town Ksh 1 billion for urban growth projects. This will cause the town to draw both domestic and foreign investors, causing it to expand rapidly.