Every Kenyan with a keen eye for real estate investment should tap into the vast potential that Nakuru County has. Nakuru Town enjoys a strategic location along the Nairobi-Malaba highway which has made it experience massive growth in infrastructure and real estate investments by Kenyans living both locally and abroad. Below are key factors that have made Nakuru a top real estate investment destination in Kenya.
Fastest Growing Town
The UN-Habitat listed Nakuru as one of the fastest-growing towns in East and Central Africa owing to its central location. The town is also the fourth largest town in Kenya and the second richest county after Nairobi with a 6.1 percent share of the Gross Domestic Product (GDP) according to the Kenya Bureau of Statistics
Key Infrastructural Developments
The county has a newly built Multi-Million shilling Kunste Interchange at the Nyahururu turn-off that has eased traffic as you get into Nakuru Town and provides a scenic view of the town. The Njoro interchange along the Nairobi-Nakuru-Eldoret highway has completely spruced up the face of Nakuru town. Nakuru – Nairobi highway is also set to be expanded to a dual carriage and this is expected to ease traffic load along the busy highway. Nakuru has witnessed the emergence of factories, most recently with the recent launch of a cement factory along Nakuru – Eldoret highway.
Set to Become City
The Cabinet has approved the elevation of Nakuru town to a city. This saw the World Bank give Nakuru Ksh 1 billion for urban growth projects as the town gears up to become a city. This will make the town attract both local and foreign investors making it grow in leaps and bounds.
Construction of a Ksh 3 billion airport by The Kenya Airports Authority (KAA) in Nakuru is set to begin soon. This will increase air transport for people and facilitate the export of agricultural goods.
High Appreciation of Land Prices
Nakuru County saw its land prices rise by an average of 12.7 percent according to the County Land Price Report. This has seen real estate investors reap massive benefits from their investments.
Affordable Residential Plots Near Nakuru Town
Nakuru is an area that has very affordable plots for sale with prices below Ksh 1 million near Nakuru town and along key highways such as Nakuru – Eldoret highway.
The plots are majorly residential, value-added, and with ready title deeds. Land close to the town is affordable. With the county enjoying favourable weather, investors are able to venture into agriculture and reap benefits.
At AMG Realtors, our properties are spread out across the country with Lake Elementaita view and Bahati Green Gardens Phase 2 in Nakuru County, Nanyuki Sundowner in Laikipia County, Naivasha Dry Port in Naivasha Sub-county, Isinya in Kajiado County, Emali in Makueni County, Aberdare in Nyandarua County and Kangundo in Machakos County.
For more information, contact AMG Realtors on +254 709 789 000. Visit our office are located at AMG Centre, off Thila Superhighway, Exit 7 opposite Garden City, and are open from 7 am to 5 pm.
You can also lookup more about our projects on our website, www.amgrealtors.com.