Why investing in a growing city is not a bad idea after all
Why investing in a growing city is not a bad idea after all
Ever wondered what’s in for you when you invest in a growing city and there’s that little voice that says otherwise. Well picture this, imagine early investors who bought land in areas that were considered so much out of town, they are smiling to the bank.
A good example is Kangundo road, an area that was considered far flung, is now the hot cake, as investors are running to have a piece of it. With the current devolution system and government investing in smart cities such as Konza Technopolis, you too can own a piece of land within the city.
As you embark on your land investment journey; studying the direction of growth of a city or town highlights areas that have become populated over a specific time frame and where this activity has been focused. This information is beneficial to landowners and potential land investors for a multitude of reasons. Back in the days, Nairobi city had few famous estates and surrounding areas were dotted with forests and coffee bushes, over time, the areas began to pave way for the surging population.
Anyone living out of town in areas like Kitengela would have their peers pity them and wonder how they get to town daily, then not so long, developers thronged the area putting up gated communities, then construction of the Mombasa Road Super highway and voila! Land prices shot to the ceiling.
Successful long-term land investors are picky when it comes to where they purchase vacant land. They study area growth and development closely. The more developed an area becomes, the more profitable and desirable their property will be. Highly developed areas attract more interest, whether it is for developing for commercial or residential areas. A good example is Enkavilla Konza Phase II, the property sits within a 5KM radius of the Konza techno city, the area has seen high demand from investors with interest in smart manufacturing, light industry logistics, smart agriculture, as well as ICT and Information Technology (IT).
Buying land in growing areas does not have to be costly. If you study the areas where you’re interested in, you can find land that is affordable now and will be substantially profitable in the future. Intelligent investors benefit from knowing the growth trends and development patterns near their vacant land.
Don’t miss out on the opportunity to invest in a growing city by investing in Enkavilla Konza Phase II.
For more information, kindly contact us on 0788303030
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