Factors to Consider While Investing in Land.
There are factors that one needs to consider while investing in land in Kenya to keep their business viable This is because failure to adhere to such, can lead to unforeseen costs.
The factors are as follows:
Location should always be in your first consideration list when purchasing a land. The location involves the proximity to the amenities like the hospitals, schools, public transport and parks. Your investment is likely to yield better returns if the above amenities are considered.
When you buy a block of land, its vital that you consider all the legal consideration. It is always best to be aware of the land limitations before buying a block of land for the purpose you intend to establish. This will greatly enable you to adjust to your plans to suit your budget.
This is a very crucial consideration when buying a piece of land anywhere Kenya. By considering the security of the area, you will be able to save yourself from incurring extra costs from petty crime and theft.
SORROUNDING AMMENITIES AND INFRASTRUCTURE
When purchasing a block of land, you need to find out if the land is accessible to roads, schools, hospitals, water and many other social amenities.