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What is a property valuation and how do you calculate it?

In practical terms, a property is worth what someone will pay for it. But sometimes you need a ballpark figure before the negotiations get underway.  A property valuation is a detailed report of a property’s market value. This is defined as the estimated sale price “between a willing buyer and a willing seller in an… View Article

Nairobi ranked fourth most expensive city for prime property in Africa

Nairobi remained the sixth wealthiest city on the continent according to the AfrAsia Bank Africa wealth report, making no movements from its 2018 ranking by the same firm. The top five cities include Johannesburg, Capetown, Cairo, Lagos and Durban/Umhlanga. However, the report expects Nairobi to move up the list possibly replacing a faltering Lagos. ‘We… View Article

To build or to buy a house?

Are you looking for a house but cannot decide whether to build or to buy? The debate on whether the pros and cons of each is endless. DN2 spoke to two couples, one that built and one that bought, who provide insights into the pros and cons of each. Building worked for us Mr and Mrs Omurunga,… View Article

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