Let`s Debunk Those House Buying Myths
Buying a home in Nairobi is one of the biggest decisions you can make—but it’s also one clouded by misinformation. From outrageous assumptions about costs to misplaced fears about property ownership, myths are everywhere.
In this article, we tackle five of the most common property myths in Nairobi and reveal the truths behind them—so you can make better, smarter decisions when entering the real estate market.
1. “You Need Millions in Cash to Buy a House”
The Truth:
You don’t need to be cash-rich to own property. Many developers offer flexible payment plans, while banks and mortgage institutions provide long-term financing.
Example:
Mi Vida offers structured plans that allow buyers to pay over 12–36 months, making home ownership possible without the need to raise the entire amount upfront. A good example would be Keza Riruta and Keza Laika.
2. “All Property in Nairobi Is Overpriced”
The Truth:
Yes, some parts of Nairobi are premium—but emerging zones like Riruta, Ruaka, and along Naivasha Road offer excellent homes at competitive rates.
Pro tip:
Buying in growth zones allows you to enter early and enjoy capital appreciation.
3. “Only Older People Buy Houses”
The Truth:
Kenya’s real estate market is increasingly driven by young professionals and first-time buyers in their 20s and 30s.
Why?
Flexible financing, rent-fatigue, and a desire for long-term security are motivating younger generations to invest early.
4. “Off-Plan Properties Are Too Risky”
The Truth:
While risks exist, working with a reputable developer like Mi Vida drastically reduces this. Off-plan options offer better pricing and customization if done right.
Safety Tips:
- Vet the developer [MiVida is always the best place to start]
- Read the sale agreement
- Track construction updates
5. “Buying Is Complicated and Bureaucratic”
The Truth:
While the process involves legal steps, it’s far more straightforward than most people assume—especially with experienced sales teams and legal support guiding you.
Mi Vida ensures every step—from booking to handover—is handled professionally, making your homeownership journey smooth.
The Bottom Line
Don’t let myths hold you back. Buying a house in Nairobi has never been more accessible.
With options like off-plan purchases, flexible financing, and growth areas like Keza Riruta, homeownership is within reach.
Take the First Step in The Right Direction
Mi Vida offers a clear path to your dream home. Our developments are affordable, modern, and strategically located for future value growth. Book a Free Site Visit Now.