Kenya: House Prices, Rents, and Rental Yields
In Depth
- Overview
- Rental Yields
- Taxes and Costs
- Tax on Rent (Example)
- Buying Guide
- Landlord and Tenant
- Inheritance
- Living There
- Country Statistics
Directory
Global Statistics
Regional Statistics
- Rental Yields
- Rents
- Price/Rent Ratio
- Buy/Sell Costs
- Rental Income Tax
- Capital Gains Tax
- Landlord & Tenant Law
- GDP Per Capita
- GDP/Cap Growth 1 yr
- GDP/Cap Growth 5 yrs
- Economic Freedom
- Ec. Freedom 5 yrs
- Competitiveness
- Property Rights Index
- Currency +/- Value
Last Updated: Sep 23, 2008
Double yield for apartments versus houses in Nairobi
| Last Updated: Sept. 23, 2008 | |||||
| NAIROBI - Houses | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 4 BR | 383,870 | 1,445 | 4.52% | n.a. | n.a. |
| 5+ BR | 450,473 | 2,489 | 6.63% | n.a. | n.a. |
| NAIROBI - Apartments | |||||
| 3 BR | 133,293 | 1,153 | 10.38% | n.a. | n.a. |
| 4 BR | 211,912 | 1,549 | 8.77% | n.a. | n.a. |
| Districts researched Nairobi: Karen, Langata, Muthaiga, Gigiri, Westlands, Milimani, Runda Kilimani, Kileleshwa, Kitisuru, Lavington, Parklands, Spring Valley, Riverside, Hurlingham and Highridge Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
|||||
Rental yields for four bedroom apartments in Nairobi are almost double at 8.77% than four bedroom houses at 4.52%. Average yields for houses with a minimum of four bedrooms is 5.58% while apartments in the same district are 9.58%. Prices average at US$417,171 for Nairobi houses and US$239,354 for Nairobi apartments.
The region's European past is highlighted by the number of English place-names in the area. Most of the upmarket suburbs are situated to the west of Nairobi, where most European settlers resided in colonial times. These include Karen, Langata, Lavington and Highridge.
RSS
Your Comments
Be the first to comment!