Investing in Value-Added Plots with Famyard Enterprises: A Guide for Diaspora Clients
Investing in Kenyan real estate offers a tangible connection to your homeland and a promising asset for the future. Famyard Enterprises Limited specializes in providing value-added plots, ensuring a seamless and secure process tailored for Kenyans living abroad.
Understanding Value-Added Plots
Value-added plots are parcels of land enhanced with essential infrastructure, such as water and electricity, making them ready for immediate development. Famyard’s commitment to providing these amenities ensures that investors can commence construction or other projects without delay, thereby maximizing the potential returns on their investment.
Investment Process for Diaspora Clients
1. Initial Inquiry
Begin by contacting Famyard Enterprises through their official website or communication channels to express interest and obtain detailed information about available plots.
2. Selection of Property
Review the catalog of available plots, considering factors such as location, size, and price. Famyard provides updated subdivision maps to assist in making an informed choice.
3. Due Diligence
Famyard ensures transparency by providing copies of the Title Deed and Mutation Form. Clients are encouraged to conduct independent land searches at the Land Registry to verify ownership and any encumbrances.
4. Site Visit
Arrange for a trusted representative in Kenya—such as a family member, friend, or legal advisor—to visit the site and confirm its suitability and the availability of promised amenities.
5. Documentation
Prepare and submit necessary documents, including a copy of your Kenyan National ID or valid passport, KRA PIN certificate, and passport-sized photographs.
6. Payment and Agreement
Upon satisfaction with the due diligence, proceed with the payment as per the agreed terms. Famyard offers flexible payment plans to accommodate various financial situations. A sale agreement will be drafted, outlining the terms and conditions of the purchase.
7. Transfer and Registration
After payment completion, Famyard facilitates the transfer of ownership and registration of the plot in your name. The title deed is then processed and delivered to you or your appointed representative.
Requirements for Diaspora Investors
- Identification: A copy of your Kenyan National ID or valid passport.
- KRA PIN: Kenya Revenue Authority Personal Identification Number certificate.
- Photograph: Recent passport-sized photos.
- Nominee Details: Contact information of a trusted representative in Kenya who can act on your behalf if necessary.
What you should know
What is the advantage of buying a value-added plot?
Value-added plots from Famyard save you time and money. These plots come with essential infrastructure like water and electricity, allowing you to start building your dream home or investment property immediately.
Are there flexible payment options available?
Yes, Famyard offers flexible payment plans to accommodate the financial capabilities of different clients.
How can I verify the legitimacy of the land and the seller?
Yes, Famyard offers flexible payment plans to accommodate the financial capabilities of different clients.
How long does the title deed transfer process take?
The duration can vary, but Famyard endeavors to expedite the process, keeping clients informed at every stage