One of the hardest decisions to make in real estate investment, is to choose where to invest in at a time when you really don’t need to use the property. There are a few considerations to make before settling on where to invest in. Speculation is one of the purposes people buy property for. It is said the best investment on earth is earth. Meaning you can’t go wrong when you choose to invest on land. Land doesn’t depreciate even when its idle.   

When buying a property for speculation, it is important to conduct thorough research and due diligence to ensure that the investment is profitable. The following are some of the factors to consider:

Location: Look for properties in areas that are expected to experience growth in the future. This could be due to factors such as infrastructure development, population growth, or urbanization.

Market trends: Keep an eye on market trends and forecasts to identify areas with high demand and potential for growth.

Title deed: Verify the authenticity of the title deed and ensure that there are no legal disputes or encumbrances on the property.

Zoning regulations: Check the zoning regulations in the area to ensure that the property can be used for the intended purpose. Such regulations may be controlled development or local authority regulations on tenancy and type of user. 

Infrastructure: Consider the availability of infrastructure such as roads, water, and electricity. Where the infrastructures are yet to come, the prices for properties in such areas tends to be of lower prices. Information on the upcoming private or government infrastructural development can be found in the public domains or with the locals of the targeted locations.  

One of our projects that falls under this category; Speculation also know as buy-now-sell-later is our project in Malindi. Selling from 1 acre block at affordable price with flexible payment plan. 

Reach us via email: hello@tenradproperties.co.ke or Whatsapp +254701255130