Commercial Property for Sale in Lamu

Articles relating to Commercial Property for sale in Lamu

• Being a Landlord in Kenya: What Does It Really Take to Manage a Rental Property?

  Being a landlord comes with responsibilities that can easily be overlooked when you are thinking about the income. A rental property needs regular attention, even when everything seems to be working well. You should also plan for vacant periods. A property that earns KSh30,000 per month does not necessarily mean you will receive KSh360,000 every year. Owning rental property can provide a regular income and help you build long-term wealth. But the returns depend on more than the location of the property or how much rent you charge. Rental income is often seen as one of the benefits of investing in property. Buy an apartment, find a tenant, collect rent every month and let the property pay for itself. It sounds straightforwar

• Buying Land in Kenya? What Makes a Piece of Land a Good Investment?

  People buy land for different reasons. A plot may be affordable, have an attractive location or even be in an area expected to grow, but does that mean it is worth buying? Before buying, confirm the permitted land use with the relevant county government. Find out whether residential, commercial, agricultural or mixed-use development is allowed. Land can increase in value over time, but appreciation is not guaranteed. Some areas take longer to develop than expected, and finding a buyer when you want to sell may not be as easy as you think. Is buying land always a good investment? It is a question worth asking, especially when you consider how much value we place on owning a piece of la

• Why Are Some Commercial Buildings Struggling to Attract Tenants?

  The commercial property market is changing, and what businesses look for in a workspace or retail location is not necessarily the same as it was a few years ago. According to Cytonn Research's Q3 2026 Markets Review, Nairobi Metropolitan Area had an estimated office space oversupply of 3.4 million square feet. Since the Covid-19 pandemic, some businesses have adopted hybrid working arrangements, allowing employees to work partly from home and partly from the office. Take a drive through parts of Nairobi, and you'll notice something interesting. New office blocks, shopping centres and commercial developments continue to shape the city's skyline. But alongside these developments, some buildings still have vacant offices and shops, with spaces advertised for rent for months.

• Before a Building Goes Up: Who Is Responsible for Making Sure It Is Safe?

  Plans have to be drawn, approvals obtained, materials sourced and construction work carried out. Developing property is not just about putting up a building and finding buyers or tenants. It also means ensuring that the project meets the required building standards. Buildings need regular maintenance and inspections, even after people have moved in. The Eastleigh tragedy has reminded us why this question matters. The recent building collapse in Eastleigh has raised an important question about construction and building safety in Kenya: Who makes sure a building is safe before people move in? When we look at a completed building, we often focus on its design, location, space and finishes. But

• What Is Offtake in Real Estate, and Why Does It Matter in Affordable Housing?

  When we talk about affordable housing, much of the conversation focuses on how many homes can be built and how much they will cost. But there is another question worth asking: who will buy these homes once they are ready? For a property developer, completing a housing project is only part of the job. The money invested in construction still needs to be recovered, loans need to be repaid, and contractors need to be paid. If selling the homes takes longer than expected, the developer can find themselves under financial pressure. This is one reason offtake agreements matter, particularly when private developers partner with the government to deliver affordable housing. But what exactly is offtake, how does it work, and what happens when things do not go according to plan? READ ALSO :