From Daunting to Doable: Your First Home in Kenya

Buying your first home is one of life’s biggest milestones. But for many Kenyans, whether local professionals or diaspora investors—the process can feel overwhelming. This guide breaks down what you need to know to make your first purchase smooth and successful.

Preparing Financially

The first step is getting your finances in order. Save for a deposit, aim for mortgage pre-approval, and ensure your credit record is healthy. In Kenya, most banks require a 10–20% deposit, so careful planning is key.

Choosing the Right Location

Location determines not only your lifestyle but also your property’s long-term value. Areas like Riruta, where KEZA is located, are emerging hotspots due to infrastructure upgrades, proximity to schools, and strong community design.

The Legal Steps You Must Know

Understanding conveyancing is essential. Always verify title deeds, hire a trusted lawyer, and ensure the property has the right approvals. Mi Vida simplifies this process for buyers with transparent documentation.

Avoiding Common Mistakes

First-time buyers often overlook hidden costs such as stamp duty, legal fees, and utility connections. Being informed prevents last-minute surprises.

FAQs

• How much deposit is needed for a Nairobi home? Typically 10–20%.
  
• Can diaspora Kenyans buy remotely? Yes, through secure virtual tours and legal representation.
  
• What’s the average timeline for buying? 2–3 months, depending on approvals.
  

Take the First Step

With preparation and the right partner, buying your first home in Kenya doesn’t have to be daunting. Book a site visit with us today.