3 bedroom Apartments for Sale in Gigiri, Nairobi

Articles relating to Apartments for sale in Gigiri, Nairobi

• Why Are Mortgage Rates Higher in Kenya Than in the USA?

  Why does a country with a much larger economy like the USA have lower mortgage rates than Kenya The CBK's policy rate also influences borrowing costs across the economy. In the USA, lenders can sell many eligible mortgages into financial markets, including through mortgage-backed securities. If you are planning to buy a home, waiting for interest rates to fall may seem like the obvious choice. But there is no certainty about when rates will decline or by how much. Mortgage interest rates in Kenya averaged 14.9% in 2024, according to the Central Bank of Kenya (CBK). In the USA, the average rate for a 30-year fixed mortgage was 7.40% on 8 October 2026. That is a significant difference. And it

• Kenya’s Middle-Class Housing: Why Affordable Homes Remain a Challenge

  There is strong demand for homes, but for many middle-income Kenyans, finding a home they can comfortably afford remains difficult. According to industry players, this is pushing more developers to focus on residential housing while paying closer attention to the needs of the growing middle class. Higher interest rates mean higher borrowing costs. For someone taking a large loan over many years, even a small change in the interest rate can make a significant difference to the total amount they eventually pay. Making middle-class housing more affordable will require more than simply building more homes. Kenya’s housing market has a growing gap. There is strong demand for homes, but for

• Kenya’s New Infrastructure Fund: Which Property Markets Could Benefit?

  The government’s new KSh340 billion National Infrastructure Fund has added another development to watch. Businesses move into the area, creating jobs and attracting people looking for places to live. For investors, the opportunity may lie in homes that meet the needs of people who work in Nairobi but cannot comfortably afford to live closer to the city centre. If you are looking for a home, focus on a location that works for your budget, commute and ever Have you ever wondered why a piece of land that was once considered too far from town suddenly becomes more expensive a few years later? Sometimes, it has to do with what is happening around it. A new road makes the commute easier. A r

• Is Now a Good Time to Buy Property in Kenya?

  The economy is changing. Interest rates have come down from where they were a year ago, but the cost of living remains high. Kenya's economic outlook is not all negative. Borrowing may be more predictable, but everyday expenses are still putting pressure on household budgets. Ultimately, the best time to buy is not when the headlines say the market is perfect.It is when the property, the price and your finances make sense together. If you have been thinking about buying property in Kenya, you may be wondering whether now is the right time. The economy is changing. Interest rates have come down from where they were a year ago, but the cost of living remains high. At the same time, Kenya is he

• Kenya’s Middle-Class Housing: Why Affordable Homes Remain a Challenge

  Kenya’s middle class is expected to grow as the economy expands. And as more people earn more, the need for decent housing is likely to grow too. But there is a difference between wanting a home and being able to afford one. Making middle-class housing more affordable will require more than simply building more homes.First, access to affordable mortgages needs to improve. Kenya’s housing market has a growing gap. There is strong demand for homes, but for many middle-income Kenyans, finding a home they can comfortably afford remains difficult. Developers are also feeling the pressure as they look for financing and try to understand what buyers actually need. According to industry players, this is pushing more developers to fo