Extremely cheap real estate in Nairobi, Kenya, a good investment?
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- čas přidán 12. 04. 2021
- Some of the cheapest real estate in the world can be found in Africa. In this episode I go check out a Chinese built real estate development in Nairobi where new 3-bedroom apartments sell for $250 per m2. I speak to tenants and potential buyers to get insight into who the target market is. On the way to the development, we see all the infrastructure work currently taking place in Nairobi, Kenya
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Congratulations you are one of the few white guys who don't create poverty videos about Africa
This muzungu needs thumbs up
True😂😂😂😂
True.....he is showing the good side of Africa.
Be careful Kenyans, watch how much he puts emphasis on: "LOOK AT WHAT THE CHINESE ARE DOING", Hes making it seem like Kenyans would not be progressing if it wasn't for others, i.e. Chinese......
@@AnyElectric stop with the bitterness. It's true pur government is depending on Chinese debts . We can't hide this fact
The interview with the first tenant was awesome. He was very open and content about his living situation. It was quite telling when he was asked if he didn't have trouble with the traffic situation and the long commute, and he said he doesn't even consider it. All that matters to him is the safety and security of his wife and two kids at home. That's a good one, guys.
To the content creator thanks for letting the world see the positive side of Kenya.
Still a ton of ignorance from his end. Ati (1:13) ... there's peanut butter made in Kenya, the milk, even the weetabix. Tells you a lot about his past assumptions of Kenya and Africa. I also can't stand the accolades he's showering on the Chinese. Yes, Chinese are doing some developments in the country at the moment but what about the Kenya between 1963 and 2003. Was it built by the Chinese? Nah. Was it built by Americans? Nope. Was it built by Russia? No. Was it built by Kenyans? Hell Yes! We need to educate foreigners about Africa's past because many of them wrongly assume that Africa was built or is being built by foreigners. Even centuries ago Africa was a developed land. Has anybody read about ancient Zimbabwe, Timbuktu, Mombasa and many other places? Even the Holy Bible itself says there was a eunuch that was baptized by the Apostle Phillip. That eunuch was an African. He was an important official in the govt. of the queen in charge of the treasury. He travelled to the holy land, was riding a chariot and get this: READING SCRIPTURE. Wait a minute, how the heck did he learn how to read? Was he educated in America? Nope. Was he educated in Europe? No. Well then they must have had some sort of school or learning places in Africa. Also wait, the man was a finance minister in the government of the queen? Well then there must have been kingdoms and kings and queens and learning institutions in Africa. In that case they must have had some buildings and laws and forms of govt. The mere fact that the man was was reading scripture and got baptized tells you that they must have had the gospel back then. Now, wait a minute; so the gospel was not brought to Africa by white people. OH MY GOSH. What are the missionaries doing? talking about bringing the gospel to Africa. Do these people know that the gospel was already in Africa even before America became a nation? MY POINT IS: most foregners are ignorant about the industrious nature of Africans. Sasa mtu aki assume ati peanut butter haiko Kenya, ati hata maziwa. Surely kwani juzi ndio tumeanza kuwa na ng'ombe? Na nyinyi wakenya. JIHESHIMUNI jameni, Sio kuambia mtu ati ana make positive videos kutuhusu.
Kenya is absolutely gorgeous but i prefer the slower pace of Malindi rather than the hectic Nairobi
Africa as a continent is truly amazing. .
Interesting stuff
He deserves to shine all the way
Would you like to see the construction examples we have done in Turkey? czcams.com/play/PLdR_rJ8B7wXt1F55Lc2l_qWIRtRmydEjD.html.
I'm a Kenyan. Been working abroad for sometime now, thank God I found this channel ☺
I didnt Kenya developed this much
And you needed a foreigner visiting kenya to tell you what is happening in your home country? Lol investing back home should be a personal endeavor!
@@ZhaneAmali hope you realize what I meant by working abroad for sometime 🤦🏽♂️. Don't just jump into words, You can't read everything on paper 📄
Does working abroad for sometime mean you lose touch with your home and can't read local news, if you can comment here, you have internet, maybe family back at home and loads of info if you really want it! Don't show your ignorance here!
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Wow I'm in Construction in Kenya and very impressed on how this guy does his research. Goes to the ground to see whether reality and what is being marketed is true. Very few people are that thorough even in Kenya. I'm impressed
💯 👍
He is giving Kenya a whole new vibe...
True he,s very positive in his story about Nairobi.
This place needs afew trees and flowers, that is the Kenyan Tradition: some greenery.
build by chinese
@@uzzyonline Come and buy yours by our fellow African
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You can't force your "Kenyan ways" on a Chinese company can you?
You're talking wisdom. Spread this spirit.
This is what we want to see about Africa from a white guy thanks for showing this as a Kenyan am happy❤🇰🇪
Would you like to see the construction examples we have done in Turkey? czcams.com/play/PLdR_rJ8B7wXt1F55Lc2l_qWIRtRmydEjD.html.
@@herseyburada7141 nope
@@delasoul4180 Don't you want to see or don't you like ?
Africa is great am a land broker 40 km east of Nairobi.
I really like the idea of buying the whole block. Now all I need is $600,000
😂😂
🤣🤣🤣 When yu get let me know so that we can split the into halves
Will rent one of yours 🤣
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@@thewanderinginvestor2700 please how much is one bedroom apartment for sale
I just came across this post today and I loved it. Great Review am in Nairobi, Kenya.
Your video is of great help to many people. Kenyans spend lots of money renting and they cope with it year in year out. Just another better way to go. Owning it! Thanks alot.
Super interesting video, thank you for sharing and I’m looking forward to the next one !
Welcome, i will take you many places, your much welcomed
From Nairobi Kenya, keep up the good work. The video was quite informative.
I’m from Africa but haven’t been to Kenya. Currently based in Canada where I have some Kenyan friends but still love the motherland. Thanks for sharing! ❤️
Where in CANADA are you? I am a Kenyan in Toronto seeking to find other Kenyans
@@PkPK-gz7gt I’m 100% Zambian 😄 I have a Kenyan friend who lives in London Ontario. I’m in the GTA.
@@katechipata9934 Ok understood, I am in the GTA too, Mississauga to be precise, can I have your Instagram if you don't mind
@@PkPK-gz7gt 6starstyle what’s your name?
@@katechipata9934 Peter is my name, I have requested to follow you on the Instagram please accept
Excellent video! Great incite into a market that many wouldn’t even consider. Looking forward to more collaboration with you next time you’re in Montenegro.
Thank you for the great visit of the apartment, the explanation and view in order to reach this suburb of Nairobi , what an amazing price for a flat.
I started watching one of your video today and can’t stop at all. You are covering things that most people will say “ I wish I knew “ thank you. I always wondered the opportunity in Africa as whole and Kenya in particular.
Thank you 🙂 I’m glad you enjoy the content!
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Nice one follow me too
Thanks for this video! I was planning to go in Kenya in November for a month, to check the opportunies and the life there. Economic growth in East Africa is crazy!
Do it! Kenya is good times 🇰🇪🙂
Am here in Kenya and looking for a foreign partner for a venture like this. Am from Central Africa myself.
Welcome to Kenya
@@dumamikel395 woow am here let's connect
@@threeaunties5870 so how do we do that. I will pretty much will love to talk to someone who is real interested
Thank you for the great visit, very good project. You are so clear when you explain things
this white dude is only one who shows and talk about Africa in good ways Good job keep
Do you mean the only white person? Because there's Wode Maya, Virtue Grace, Tayo Aina and many others
@@fitawrarifitness6842 woda maya is black and African this the only white guy I saw talking about Africa in good way
@@fitawrarifitness6842 do you know Jim Nduruchi 🇰🇪
He seems ok but why not. I guess he's also doing it because he wants something out of it. He is thinking about making good money investing in property in Kenya. He's looking for the positive in it because he is going to invest. It makes sense.
@@evemason3456 what the problem of him investing I don’t see any wrong doing
I have always said money is with the lower middle income in Kenya. They call them slum landlords but I would rather invest in a low income area than Lavington or wetlands .
Thanks for looking outside the box and sharing the info with us. It gives us a different perspective , a different way to look at investments.
Thank you Bea. This is exactly my objective.
What I like about your review and analysis is that its impartial, you have no vested interest in the properties and you are drawing accurate comparison from an established market in Europe and USA. Great piece.
Thank you
Woow what an eye opener l like the way he is breaking it down . You just got a new subscriber.
New subscriber. Keep up the great work showing Africa in better light. Even though I am a British citizen and non African descent I have always loved Africa and not making comments regarding the song by Toto. Anyways as a small time investor I love to get ideas where to both enjoy my little money buy putting it in things. Houses in other countries to get both a holiday and well investing in the local economy is something I really would love to do. Thanks for opening my eyes to Kenya even more so. Bless the people of Africa and well Kenya
You’re on the cutting edge, man. Love the info you’re digging up.
Thank you Samuel. Spread the word ☺️
Doing good job.
I am in real estate in Kenya.
Good job. I have a ten acres land here in Kenya I'm looking for an investor
@@TheWanderingInvestor are you on Facebook?
@@irenedavo3768 yes! @thewanderinginvestor
Watching from south Africa and I was just passing by and saw your channel. To being with I appreciate your positivity about kenya and Africa at large,for so many years Africa has been the hub of only negative attitude but you are changing it by your vlog, its not that there are no bad things to say but it has been said for very long so how about some positive news!! Thanks for the way you are even criticizing things because you are doing it with a lot of respect. God bless the work of your hands, keep the positive attitude, its only thing we ask from our esteemed visitors and friends.
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Fuck South Africa where my brothers are killed in everyday
Would you like to see the construction examples we have done in Turkey? czcams.com/play/PLdR_rJ8B7wXt1F55Lc2l_qWIRtRmydEjD.html.
Thanks for this. Ive never had a chance to see these apartments when I'm in Kenya. It's great to see they are a masonry stone build.
Wonderful and enlightening content as always. Good to see outsider perspective on the Kenyan property and capital investment market. You'd be happy to know that Kenyan law is very flexible in terms of investment structuring through from individual investment to structured investment. I'd be pleased to breakdown this for you further.
Thank you for showcasing the positive side of Kenya
Would you like to see the construction examples we have done in Turkey? czcams.com/play/PLdR_rJ8B7wXt1F55Lc2l_qWIRtRmydEjD.html.
One of the most informative CZcams channel ,cool and calm explained. Thanks for sharing.
So glad I have discovered your channel - great content ❤️
This is one of the best vlog I have come across about Nairobi. Well done bro and Karibu Kenya.
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Very interesting perspective for a Kenyan living outside Kenya. Good job. Subscribed!
Glad you enjoyed it ☺️
Awsome vid tho i'd like to know more about investments from the wandering investor
Thanks for this video, you actually answered all the questions I could have asked.
I was soo glued here its unreal, amazing work your doing in our country
Thank you ☺️
You are a very good guy !!Thanks for showcasing Kenya !!
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I enjoyed your interview, the questions and answers were very informative. With so many young people needing housing + inflation. 2.9 Million is a good deal.
Welcome to Kenya we are so welcoming you will have a good vacation
its 2.9 +600k=3.5m
You got yourself another sub. I am in the west. Partner stuck in Kenya and renting due to covid. Seriously considering investing in Kenya.
I'm a Kenyan but Im currently in France and I can say this place is nice to own an appart. Nice video,keep it up.
Wow a good narrative. There is a train service that serves the area if you want to avoid the traffic. I have used it and I love the fact that there is a great scenery and no traffic at a cost of Kshs 80.
Would you like to see the construction examples we have done in Turkey? czcams.com/play/PLdR_rJ8B7wXt1F55Lc2l_qWIRtRmydEjD.html.
Beautiful and fantastic analysis... You have to trust yourself with what's on the ground.
Thank you for giving a proper insight into Kenya and Nairobi. You have received a new subscriber.
Nice tour and great investment opportunity 👍🏽
I love east Africans they not going around telling people that are westernize,they are developing them selfs unlike others from W. Africa, Kenya mark my words would be the power house of Africa,from South Africa.
That's exactly what I pointed out in my last AU annual general meeting, but president Ghuma was busy looking for a new catch to wed.
Please stop promoting disunity within the continent east and west should be working to develop together
Very interesting content! Please make more of these videos!
Very informative. This is very similar to what I do when I buy property. Talking to the neighbours owners/tenants has got me some great deals. Thank you.
Great video. Looking forward to more info about tax implications for foreign investors
Insecurity is not a big issue as you emphasized in Kenya and as a person living in Kenya I must correct you on that point. Kenya is quite a safe country, although some places are more secure than others as is everywhere in the world.
It is a big issue if you are talking about the burglaries, robberies, etc. That's very common and worries everyone. It has gone down a little due to curfew but that's temporary. You see it in the common feature of private security guards, private security with alarm system at most compounds, high concrete walls, windows and external doors with steel grills, etc. That's what's being addressed by having a gated community with all services within easy reach. He is not referring to the insecurity of the terroristic kind.
Its so bad for INJUSTICES.
@@georgeodhiambo598 well said
If insecurity is not an issue in Kenya can you walk across downtown wearing a bikini in peace?
@@JamesKeru We consider walking across Nairobi downtown in bikini, not as a case of insecurity, but a case of immorality. We clamp down on such immoral behaviours unapologetically. And we do so without waiting for security agencies to act.
Woooah! That lawyer dude's moving out from his parents' directly to his own purchase. Must feel nice.
I think he is going to have same situation with his bfrd
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@@husseinduk3519 your comment makes no sense at all
Those ladies are kamba culture.. kudos..🇰🇪
@@husseinduk3519 bfrd?
Your video just popped on my list and I watched and liked your content, am your new subscriber, thanks for showing us investment opportunities
Great content! I'm a realtor in Kenya and now subbing to your channel.
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Am really missing my country Kenya, see you soon
Great stuff... sitting here in Nairobi getting educated about opportunities in my backyard by a foreigner... great stuff 👌
😆
And you feel proud of being an embarrassment??
@@danielmuchi8196 I know,i'm like shut the hell up if you have no clue of what is going on in your country.Pick up a newspaper and look where you are spending most of your time while you are at it.
@@danielmuchi8196 You are all over a foreigners page looking stupid, mbona hukufikiria wewe mwenyewe?
This is because schools NEVER taught students on CRITICAL THINKING & OPPORTUNITY ANALYSIS!!!!
That’s why you can’t spot an opportunity even if it’s right in front of you....lol!!!
What an informative video!! i love what you're doing sir, a new subscriber here 🙌
Good video, just liked! :) Keep up the great work!
So proud to be Kenyan ❤
U got new sub keep shinning
Great information you delivered on this video. Thank you!
I like the houses. I saw in the newspapers and forgot about them. Nice project I think. Thanks for showing us
Great content.
I'm enjoying the video
Thanks so much for the video.
Thanks in a million. Great content. Awesome. Grade: A++💥
Thanks for sharing this, more videos like this please!
The same company will be start a new project in Ngara called River estate sometime in future. The project is very iconic for Nairobi.
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Which company is it?
I saw that I'm interested in it btw which estate is this one here ?
You work for a good firm bro man, and that firm you mentioned, bamburi cement is listed in the Nairobi stock exchange.
Where are these apartments!? Which estate !??
Thank you for the review of the Kenyan real estate and Kenya in general. Great content Sir!!
We are selling prime plots with ready title deeds
Good stuff men I appreciate your work!!
You made me subscribe coz of praising my country❤️
William is moving from his parents home to his own 3bedroom apartment??!!! Well done!
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Congratulations to you William.
To the content creator thanks for showing this positive side of Kenya.
Who is William???
This vlog was long but worth every minute Fantastic!!! 👏 👏 . Am glad I watched and will definitely watch your other vlogs as well.
Great work and positive representation of Kenya.
Wow thanks for that Volvo bit too!!
This is great. Very affordable.
i love this channel! It just opened my eyes
Awesome detailed video by the way from the time you left home until the end...
Great stuff showcasing investment opportunities in Kenya. There's alot of sectors that investors can get returns of 10% plus p.a like above real estate, manufacturing and some of the local businesses are ready for partnerships so they can scale
Very true!
Which local businesses??
@@Ryan-pq8nf SMEs, Tech-startups
Was waiting for you to tell the lawyer it's a 3 hour commute 😂😂 Love the video, made me take a second look at the property
😅
Great Video and insight for potential investors!
Thank you for the video. It's very informative.
Great content. Especially for me as a foreign but young Kenyan entrepreneur, I look forward to investing at home. The only way is up with real estate 👏🏿👏🏿
Hey how do you plan on doing that? Hit me up
Rent prices never go down in Kenya. Be assured of that. For property management, we have professional firms e.g. Knight Frank, Lloyd Masika etc. So no need to give out a house in the name of management
They went down last year in kitengela
They definitely do go down. Went down in my area last year
Jerry, the person who was interviewed made great points. He was very impressive
Impressive and amazing video thanks for opening our eyes for such great information of investment ideas you have got a new subscriber
Great, incisive information! Wish the Chinese builder would in cooperate some green spaces, even for flowers, to enhance the whole place.
I agree.
Excellent! There are two huge malls and commuter train stations nearby so commute to the city is not a big deal unless one doesn't wanna use public transport.
Where is this located exactly, do you know?
@@plum_loco Athi river.
@@majorokumu3889 Thanks!
Where are the houses located at? Is it kitengela? Or athi river. I am interested.
@@phoebemwaniki8164 Athiriver.
Thanks for this factual, detailed video.
This is a great content video! You are really showing us something cool!
Those houses are really affordable n smart, nice highlight
I notice the ceilings are made high over there.
another smart point. people look at real estate investment options as either land or the housing. this guy thought of buying shares in a cement company. 👌👌
Wow. I love how you did this vlog. Great insights on the Kenyan market. When you plan to buy a block hit me up, my management skills might come in handy. 😅
Excellent video - many thanks!
Not trying to discourage you or anything but if you are actually going to do more investing in Kenya, BE VERY CAREFUL. As a Kenyan, I can honestly tell you there are a shit ton of scams here especially the ones that revolve around real estate and land acquisitions. Even government officials or lawyers who you think can be trusted can easily be in on the scam. Be super careful.
Land bro too
Do you know Jim Nduruchi? 🇰🇪
@@irenedavo3768 is he someone we should know?
So true very risky!
A very good deal indeed 👍🏻
wow i love the details in this video
Great stuff should start looking into this
The houses are so nice and good.I heard my amerucans peeps discussing how the houses look like.
Kenya 🇰🇪 is the real estate giant of Africa 👏 👏👏👏👏
Thanks for the info, new sub
Great info mate. I would like to know more of the fine details surrounding this topic and the region itself...thank you