Kisumu is a lakeside city located on the west part of Kenya, with many real estate opportunities for investors. There are many areas in Kisumu with plots readily available for buyers at very affordable prices.
Kisumu lands for sale range from land near Kisumu International Airport, Wathorego area, Mamboleo area, Riat estate and many others. The lands for sale are available for business investment opportunities with good neighborhoods for commercial development, home development and for residential purposes.
The advantageous aspect of the lands for sale in Kisumu is that they are freehold. This means that the land can be acquired directly. Such types of land are those that do not have rates or extra fees charged on them once purchased by the buyer. Investors can hence seize the opportunities and acquire such lands for purposes of investment, where they will experience high returns, since there’ll be no interference, not even from the government.
Business opportunities available for buyers of lands for sale in Kisumu
Opportunities that investors of land in Kisumu can take up are quite many. Hotels business for instance, is a thriving entry for investors due to the quiet environment with magnificent view of the lake. Kisumu offers hotel services, and since it is tourism cum business hub, there’s need for more of hotels alongside the already existing ones.
Just as I’ve mentioned above, Kisumu is a city with developed sectors such as tourism. Investors in Kisumu real estate market can also take advantage of this by constructing villas, lodges and cottages or holiday. These can definitely bring good returns.
With the number of people increasing each and every day in the city, business people can also invest in residential buildings and apartments for renting, such as the Victoria hills. Other opportunities include the upcoming gated communities which also are ways that can increase income and returns.