1/4 Acre Land for Sale at Kibiko

1/4 Acre Land for Sale at Kibiko - 1
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Price Analysis Above Market

Based on 590 similar listings

Negotiation Tips

Price is significantly above market

Suggested offer: KSh 3.05M

Potential discount up to 75%

Market Demand

High Demand

Details

Type
Residential Land
Title
Customary Ownership
Address
Ngong
Facilities
Electric Supply, Water Supply
Property Use
Residential
Type of Purchase
Outright Price
Development Status
Fully Developed

1/4 Acre Land for Sale at Kibiko Highlights

  • Residential Land Potential: Residential land is typically zoned for housing, offering a suitable environment for building homes. It often benefits from established infrastructure and community services.
  • Customary Ownership: Customary ownership refers to land held under traditional laws and practices, often recognized by local authorities. It provides rights to use and occupy the land according to community norms.
  • Utility Connections: Access to electric and water supply is crucial for any developed property. These connections significantly reduce development costs and improve the livability of a plot.
  • Developed Status: Fully developed land indicates that basic infrastructure, such as roads and utility access, is already in place. This can accelerate construction timelines and reduce initial investment for buyers.
  • Outright Purchase: An outright purchase means the full payment for the land is made at once. This method typically grants immediate full ownership and avoids ongoing payment obligations.

Description

• 1/4 acre (approximately 1012 sqm) residential plot, ideal for a family home or investment. • Freehold title deed available, ensuring clear ownership and straightforward transfer. • Located approximately 4km from Ngong Town, offering a balance of tranquility and access to urban amenities. • Easy access via well-maintained roads, connecting to Ngong Town and surrounding areas. • Utilities including electricity and water supply are available at the boundary, simplifying development. • The area is experiencing growth, making this a strategic investment for future appreciation.

Compare

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1/4 Acre Land for Sale at Kibiko
KSh 12,000,000
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TypeResidential LandMixed-use LandResidential Land
FacilitiesElectric Supply, Water SupplyCar Parking, Domestic Sewage, Electric Supply, Rain Water Drainge, Water SupplyDomestic Sewage, Electric Supply, Rain Water Drainge, Water Supply
TitleCustomary OwnershipCustomary Ownership
AddressNgongOngata-Kitengela RoadDaykio Bustani
Property UseResidentialMixedResidential
Type of PurchaseOutright Priceper AcreOutright Price
Development StatusFully DevelopedUndevelopedUndeveloped
PriceKSh 12,000,000KSh 8,850,000KSh 15,500,000