Mansiondeal is the leading real estate and rental marketplace dedicated to empowering consumers with data of real estate in Africa. Mansiondeal launched in East Africa’s most promising market Kenya with a plan of expanding to the other East African markets in the near future.
.The real estate industry in Kenya has experienced a significant growth in its demand and value. The increased rate of rural-urban migration and the increased number of foreign direct investment has greatly encouraged a boom in the real estate markets. In the late 2000s cities like Nairobi, Kenya’s capital, topped the real estate development index due to an increase in the number of multinationals who have identified Nairobi as one of the best businesses in East and Central Africa. In the 2012 wealth reports Nairobi was identified as one of the rapidly growing real estate market.in the world capturing global attention. This tremendous growth increased Kenya’s real estate market price to rise by over 20%.Apart from Nairobi, Mombasa was also reported to be one of the fast growing real estate markets in the Southern hemispheres making Kenya the highest real estate market in Africa.
Mansiondeal Real estate hotspots in Kenya
Kenya being a fast developing economy, real estate has experienced a boom in prices and demand.
Westlands
This is the base of many international forms including LG, the standard chartered plc. And Google Africa.
Kitusuru ,Karen, Muthaiga and Lavington
These are the most expensive neighborhoods in Kenya which has greatly contributed to growth of real estate markets in Kenya.
Gigiri
This is a neighborhood with the largest expatriate community. It houses the United Nation’s and a greater number of embassies making it one of the most posh suburbs in East and Central Africa.
Upper hill
This has become an alternative for major companies that seek cheaper places to set up their firms cheaper than in the Central business district.
Mombasa
Mombasa being the second largest real estate market in Kenya, it has Nyali, Shanzu and English point Marina as one of the most expensive houses in Kenya not only contributing to the growth of the real estate market in Kenya but also aids the growth of Kenya’s economy.
