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Kenya is a rich country with wide and rich cultural diversity and history. The most popular real estate hubs are in the cities, nearest towns to the Capital and the neighborhoods of the tourist attraction sites. The size and scale of real estate make it a lucrative and an attractive market for many investors. Investors can invest directly in physical real estates or choose to invest indirectly in home ownership savings clubs. Empowering directly in real estate involves purchasing the residential or commercial property to use as an income-producing property or for resale at a future time. Indirect ways of investing in the real estates market include real estate investments trusts (REITs), real estate exchange traded funds (ETFs), and infrastructure funds. Due to the higher liquidity available in the market results to low transaction costs and capital requirements hence average investors prefer to indirectly invest in real estate. The study sought to investigate the factors affecting real estate investment in Kenya.
About the author
Djibril W. Wachiye obtained a Bachelor of Business Management, Banking & Finance in 2014. Since then, besides being an independent startup consultant he has volunteered on international development projects as a micro-enterprise consultant. He is currently co-founder at www.jump-startup.com, a crowdfunding platform focused on the developing world.
