Find answers to common questions about our real estate services in Eldoret, Kenya.
General Questions
We offer comprehensive real estate services including Property Sales, Property Rentals,
Property Management, Property Valuation, Investment Advisory, and Legal Services. Our team
of experienced professionals handles everything from finding your dream property to managing
your real estate investments across Eldoret and Kenya.
Our main office is located in Eldoret, Kenya, and we specialize in the Eldoret property market.
However, we also handle property transactions across Kenya, including Nairobi, Mombasa, and other
major cities. Our extensive network allows us to serve clients throughout the country.
Getting started is easy! Simply contact us via phone at +254 712 345 678, email at
info@pinhouse.co.ke, or visit our office in Eldoret. You can also fill out the contact
form on our website, and one of our agents will reach out to schedule a consultation to
understand your needs and guide you through the process.
Buying Property
The property buying process typically takes 1-3 months from offer acceptance to completion,
depending on various factors such as mortgage approval, title searches, legal documentation,
and transfer processes. With our experienced team, we streamline the process to ensure a
smooth and timely transaction. Properties with clear titles and cash purchases can be
completed faster.
Beyond the purchase price, expect to pay: Stamp Duty (4% of property value), Legal Fees
(1-2% of property value), Valuation Fees (KES 5,000-20,000), Land Registry fees, Land Rent,
and our agency commission (2-5% depending on property value). We provide a detailed cost
breakdown during your initial consultation to avoid surprises.
Yes, foreigners can buy property in Kenya. However, there are restrictions on agricultural
land ownership - foreigners can only lease such land for up to 99 years. Residential and
commercial properties can be owned outright. We guide foreign buyers through all legal
requirements and ensure compliance with Kenyan property laws.
Selling Property
Our commission rates range from 2-5% of the final sale price, depending on the property
value and complexity. This includes professional photography, marketing across multiple
platforms, property viewings, negotiations, and support throughout the legal process.
We only charge commission upon successful completion of the sale - no upfront fees.
We use a comprehensive marketing strategy including professional photography, online listings
on major property portals, social media marketing, our website showcase, email marketing to
our database of buyers, print advertising, and our network of property professionals. We also
arrange professional property viewings and open houses to attract serious buyers.
The average time to sell in Eldoret is 2-4 months for well-priced properties in good
condition. Factors affecting sale time include location, property condition, pricing,
market conditions, and property type. Properties priced competitively and in desirable
locations often sell faster. We provide regular market updates and adjust strategies to
ensure the quickest possible sale at the best price.
Property Rentals
Our full-service property management includes tenant screening and selection, rent collection
and accounting, property maintenance and repairs, regular property inspections, handling
tenant issues and complaints, lease agreement preparation, move-in/move-out inspections,
and detailed monthly financial reports. We handle everything so you can enjoy passive income
without the day-to-day hassles.
We conduct thorough tenant screening including employment verification, income verification
to ensure they can afford the rent, reference checks from previous landlords, identification
verification, and credit history review where applicable. This comprehensive process helps
ensure reliable tenants who will take care of your property and pay rent on time.
Rental yields in Eldoret typically range from 6-10% annually, depending on location and
property type. Residential properties in prime locations like Pioneer and Elgon View offer
good returns, while commercial properties can provide even higher yields. We provide detailed
investment analysis to help you understand potential returns on specific properties.
Property Valuation
Professional property valuations typically cost between KES 5,000-20,000 depending on the
property type, size, and location. We provide certified valuations accepted by banks and
legal institutions. For clients selling through us, we offer complimentary market valuations
to help you price your property competitively.
Key factors include location and neighborhood, proximity to amenities (schools, hospitals,
shopping), property size and condition, access to infrastructure (roads, water, electricity),
security of the area, current market trends and demand, recent comparable sales, and future
development plans for the area. Our valuers consider all these factors to provide accurate
assessments.
Real Estate Investment
Good investment properties include residential apartments in high-demand areas, commercial
properties with reliable tenants, land in developing areas with growth potential, student
accommodation near universities, and mixed-use developments. We analyze each opportunity
based on your investment goals, risk tolerance, and budget to recommend the best options.
Yes, we provide comprehensive investment advisory services including market analysis and
trends, property investment opportunities, ROI calculations and projections, portfolio
diversification strategies, risk assessment, and long-term investment planning. Our advisors
have extensive experience in the Kenyan real estate market and help clients make informed
investment decisions.
Real estate in Eldoret typically offers annual returns of 8-15% combining rental income and
capital appreciation. Returns vary based on property type, location, and market conditions.
Residential properties offer stable rental income, while commercial properties may provide
higher yields. Land investments in growth areas can appreciate significantly over time. We
provide detailed projections for specific properties.
Still Have Questions?
Our team is ready to help. Contact us for personalized assistance.
