Welcome to Kisumu Real
This is your one stop shop for all the information you need when looking to invest in PRIME Kisumu real estate.
Kisumu is one of the fastest growing towns in Kenya. It is the first UN millennium city in the world. The recent opening of the Kisumu International Airport has even lifted the stakes higher in the Kisumu real estate market. To add to that Kisumu has it's own University; the Great Lakes University of Kisumu. Uzima University in RIAT is also coming up and this goes to show that the Kisumu real estate sector is ripe for picking. Kisumu is now poised to be the 'capital city' of the Great Lakes region.
With these new developments and the fact that Kisumu has the largest concentration of NGOs than anywhere else in Africa Kisumu real estate is now getting all the attention it deserves. For anyone interested in investing in the Kisumu real estate market this is the right time. Get yourself a piece of prime Kisumu property in this magnificent town.
Kisumu Properties/Kisumu Real Estate
Kisumu lacks the kind of skyscrapers you see in Nairobi but the city is not being left behind. There are new Kisumu properties (houses for sale in Kisumu,hotels,etc) coming up every new day. Places like RIAT, Milimani and near the Kisumu International Airport are the places to watch as far as Kisumu properties/kisumu real estate is concerned. Generally Kisumu properties are appreciating very fast. The off plan kind of investment that has been so prevalent in Nairobi is now taking root in Kisumu. The trick to succeeding in investing in Kisumu properties/Kisumu real estate is good timing. Don't wait until everyone starts to show interest in Kisumu properties for you to dive in. Soon buying Kisumu properties will be like investing in the Nairobi property market currently. In some places the prices are just untouchable! Some houses for sale in Kisumu (Milimani area) are going for Ksh. 90 Million! So, if you want to invest in Kisumu real estate the time is now!
Kisumu Property Market-The Outlook
Generally the outlook of the Kisumu property market/Kisumu real estate is very good. Real estate agents and property developers are expecting a Kisumu property boom as people from Nairobi and abroad edge each other to get a piece of the Kisumu real estate pie in the poshest places.
Things will even get more vibrant in the Kisumu property market once the East African Community is fully integrated. Kisumu is very strategically positioned and will be a major beneficiary of development in the entire Eastern Africa region. This is owing to the fact that Kisumu is close to Uganda, Rwanda, Burundi and Southern Sudan. People from as far as Rwanda will be interested in Kisumu real estate and therefore will invest in the Kisumu property market.
Due to the fact that Kisumu is one of major Kenyan cities that is closest to Southern Sudan by road then it stands to benefit more. As Juba works hard after independence from the North the Sudanese will find the Kisumu property market attractive.
In anticipation of these and many other expected areas of growth in the region it is time to invest in prime Kisumu properties. The Sudanese for instance are known for large living. They will need good and big houses in Kisumu once they come calling. Only those who are ready will cash in on the Kisumu property market/Kisumu real estate growth that is already happening.
'Kisumu' Technology City-It's Impact on the Kisumu Real Estate Market
Another reason why you may want to get your hands in the Kisumu property market now -and nobody is talking about it a lot- is the major government projects like the Konza Technology City. The PS ministry of Information and Communication says that the government looks to invest in other projects like the Konza City one in different parts of the country. Kisumu/Western Kenya will have at least one of these Technology Cities of the Future. This will be a major game changer as far as Kisumu real estate or the Kisumu property market in general is concerned.
What if you get land close to where the Technopark will be built?!
Sounds too farfetched? No. It is part of Vision 2030! So, get ready now!