Absa, Superior Homes seal mortgage finance deal
The number of mortgage accounts in the country averages 27,000 yet the country needs in excess of 200,000 units annually to accommodate the shortage.
Stay updated with breaking news from Clive Ndege. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The number of mortgage accounts in the country averages 27,000 yet the country needs in excess of 200,000 units annually to accommodate the shortage.
Kenyans living abroad are buying holiday homes to avoid putting up with relatives, hotels’ hassle and in places away from major city traffic and congestion.
Isolation, he adds, is the biggest agony retirees suffer as soon as they leave active life at work.
The surge of of the short-term rental market has driven entrepreneurs to invest in luxury houses in Kenya instead of hotels.
Buying a house - like buying land, requires a great deal of caution.