It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” – Robert Kiyosaki.
If you’re a millionaire but do not invest wisely, you’ve gained nothing. You need to grow and protect your investment portfolio by carefully diversifying it. By doing this, you may find yourself funding many generations to come. If you’re in the Diaspora you have a great opportunity to invest back home. Below are a few pointers of what we would like you to know about investing in real estate back home.
Statistics
Kenyans in the diaspora are now the biggest senders of digital remittances to mobile accounts back home. According to CBK Governor Patrick Njoroge, remittances by Kenyans living outside the country are a major earner.
As of March 2021, Kenyans in the Diaspora had remitted over 31.2 billion (US$ 290.8 million) back home, with it now accounting for 4% of our GDP. This could possibly be the country’s largest source of foreign exchange earnings.
Fear of swindling claims
Real estate continues to grow in leaps and bounds and this can be attributed to the fact that Kenyan citizens living abroad can buy a home at the click of a button.
If not for conmen, every single Kenyan living abroad would already have invested money back home. The challenge lies in the fact that there are so many fraudulent ghost companies ready to reap where they didn’t sow.
The most important lesson for Kenyans living abroad to learn is to work with trusted banks and credible real estate agents.
Hire a realtor
Using the expertise of firms like Daykio plantations that have been in the market for over 35 years will greatly reduce the risk of landing in unscrupulous deals. Daykio, have experts that go through the necessary process making property buying a safe investment for you.
Real Estate Investments is value for Money.
Money invested in real estate can frequently be a hedge against inflation. Even in times of low inflation, political crisis, and social economic challenges real estate has proved to be the only product which appreciates with time. We are living in the times of the pandemic where every kind of investment has been affected in value, but real estate has stood the turbulent and has proved to be the only safe investment which value is assured always. Daykio searches for projects with opportunities for growth in value hence giving the buyers high return of investment within a short time. A good example is two projects below which were sold by Daykio and their current value of investment.
- Membley Park Estate in Ruiru: The project with ¼ acre plots and a gated community, 10 years ago it was selling at Kshs. 350,000 only. Now the property is going for not less than Ksh 15,000,000. Learn more: https://www.youtube.com/watch?v=9y7PIC_WenY
- Daykio Bustani Estate: This project with ¼ acre plots which started 6 years ago was going for Ksh 4,000,000. The property has now increased in value over time and is now selling at ksh 10,000,000. Learn more: https://daykio.com/daykio-plantations/property-listings/daykio-bustani/ .
In conclusion we encourage you who is living in the diaspora to consider investing in real estate back home. Working with us, we ensure you quality services and assured investment in value. The real estate buying process requires, due diligence which is conducted through consultation with our legal partners and County Governments Land registry.
