Thursday, January 10, 2008

A BTL in Nairobi?

Nairobi among Africa’s lucrative property sites

"The report by Global Property Guide ranked the city seventh on the list of Africa’s top property investment destination behind Cairo, Johannesburg, Windhoek, Kampala, Dar-es-Salaam and Gaborone. Such ranking has the potential of driving up property value as more investors seek avenues of entry with an eye on the quick returns."Cairo remains the most investment-friendly city in Africa with a gross rental yield of 11.35 per year. GPR described the Egyptian capital’s score as having a spectacular, an above average buy-to-let income and an excellent long term investment rating."

Posted by confused76 @ 10:42 PM (526 views)
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2 thoughts on “A BTL in Nairobi?

  • Buy to burn (quite literally)

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  • That would be the same Nairobi currently beset by civil unrest following an allegedly rigged election.
    Neither SleazyJet nor Cryin’Air fly to Nairobi so how am I supposed to visit my fly-to-let property portfolio there?

    Ok seriously…. yeah you could probably do quite well with some investments there. What’s the easiest way into the market? I don’t think there’s an ETF tracking Kenyan property.

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