Thursday, January 10, 2008
A BTL in Nairobi?
"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."