Buying & Investing
What is the initial process for purchasing a property in Mombasa?
The process begins with property identification followed by rigorous due diligence. We conduct official searches at the relevant land registries to confirm title status. Once cleared, a Sale Agreement is signed, a deposit (usually 10-20%) is paid, and the completion period (usually 90 days) begins.
Can foreigners own property in Kenya?
Yes, foreigners can own property in Kenya. However, under the Constitution, non-citizens can only hold leasehold titles for a maximum term of 99 years. Foreigners cannot own freehold agricultural land. Our legal team specializes in assisting international investors with these regulations.
Property Management
What are the fees for property management?
Our management fees are competitive and typically calculated as a percentage of the gross monthly rent collected. This covers tenant vetting, rent collection, maintenance coordination, and monthly financial reporting. Contact our Ambalal office for a tailored quote based on your asset size.
How do you handle maintenance and repairs?
We have a network of trusted, high-caliber contractors for plumbing, electrical, and structural work. For minor repairs, we act immediately to protect the asset. For major works, we provide you with multiple quotes for approval before commencing.
Selling with Goldwyne
How do you determine the market value of my property?
We use a combination of Comparative Market Analysis (CMA), recent sales data in your specific area (e.g., Nyali vs. Diani), and current demand trends. Our goal is to price your property to attract elite buyers while maximizing your return.