The easiest way to start a rent-free journey in Kenya is to buy 2 portions of and, wait for a few years for the prices to appreciate then sell off one portion and use the proceeds to build on the other vacant portion left.
In case one only has 1 portion, its still possible to use the same concept to raise capital to build your rent free house or a house to bring in rental income.
Sectional Property.
a4architect.com utilizes the new sectional property laws in Kenya to come up with say 5 sectional property portions in a prime 1/8th piece of land whereby the land owner can sell off the 4 portions to raise enough capital to build on the remaining portion.
This is an easy way to ensure you own your house and avoid the monthly landlord visits when rent is due.
Location
Any prime location around the country where the price of the 1/8th portion of land is more than kes 4m is good for this method of raising capital since the portions sold off through sectional properties act ownership will raise sufficient funds to build a moderate 2 bedroomed house on the remaining portion.
Contacts.
Land owners willing to try this method of home ownership can contact a4architect.com using the below email.
Architect Francis Gichuhi Kamau.
gichuhi@a4architect.com
0721410684
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