Information Guide Mtwapa City Mombasa Coast

Below is a selection of the many properties which are currently offered for sale on North Coast. Feel free to contact 0726 06914 for more information on below, and other properties for sale. Below this page you find tips and advises on the procedures of plots and properties.

Nyali Villa For Sale

Beach Plots For Sale Jumba Area, Mtwapa

• Creek plots for sale near Jumba Area Mtwapa.
• First, second and third row from the Beach.
• Different sizes, free to purchase with title deed!
• More photos in the photo gallery.
• For more information, please contact +254 (0) 726 069614

Property for Sale at Jumba Area, Mtwapa

• Half acre plot with house near the sea.
• One Staffroom, private toilet and shower.
• Three bedrooms, each with own bathroom.
• Optional one more bedroom next to kitchen.
• Sitting room, dining room, Lamu room and Lamu doors.
• View more pictures in the photo gallery.
• For inquiries, please contact +254 (0) 726 069614
  

                

• Half acre plot for sale, Kikambala area, near North Coast Beach Hotel.
• Staff house and water well. Electricity coming soon.
• Purchasable with Title Deed, few more photos in the photo gallery.
• For more information, please contact +254 (0) 726 069614

Purchasing properties in Kenya

Purchasing property in Kenya is a rewarding investment, howerver, it is very sensitive.

Not all properties and real estate have a ‘clean title’. Some tips and advises on how to purchase a property savely.

First, make an appointment with the person in charge for the sale. You will be taken to the location of the plot or house of your interest. Maybe the property is not what you’d expected, maybe you wish to see other properties on the same, or another day. When you are comfortable with the information and property, you can start to negoiate the price.

Next is to do a title search.

Take the original or a copy of of the title deed from the real estate lawyer of the seller, you may considder to hire your own real estate lawyer too. The real estate lawyer prepares a sale agreement as a conditional preliminary contract signed by both parties. Upon execution, the buyer pays a deposit of 10% to 30% of the purchase price. This preliminary which is refundable in case the seller defaults on the transaction.

Closing is agreed 90 days from signing. During this time the seller must obtain a clearance certificate from the municipality. This is presented to the buyer to ensure that all local taxes and utility bills have been settled. The lawyer then files a Draft Transfer at the Lands Office and the stamp duty is paid. An official from the Ministry of Lands will come to inspect the property, verify its condition, and makes sure that the sale price is in accordance with its actual value. These steps will take approximately two to four weeks to complete.

The lawyer submits the documents to the Lands Office to be able to register the transfer, including the original title held by the seller, clearance certificates, consent transfer and the form for valuation for stamp duty. At the same time, the buyer settles the remaining balance with the vendor. Taxes and lawyer fees is paid within 30 days from closing.

It is possible to purchase property in Kenya without being in the country. One can assign aproperty lawyer to go through the whole process on the buyers behalf through a power of attorney. However, before starting the procedure it is strongly adviseable to see the proparty and talk to theproperty lawyer in charge.