Frequently Asked Questions
Discover answers to common questions about buying, selling, and investing in apartments with Crest Realty Agency. Our FAQ section provides clear and concise information to help you make informed decisions in Kenya’s dynamic real estate market
What documents are required to buy an apartment in Kenya?
To purchase an apartment in Kenya, you will typically need the following documents:
- A copy of your National ID or passport (for non-residents).
- KRA PIN certificate (for Kenyan buyers).
- A signed sale agreement.
- Proof of income or financing approval from a bank.
- Additional documents may be required depending on the developer or seller.
How does the payment process work for apartments?
The payment process involves:
- Booking Fee: Pay a booking fee to secure the property.
- Down Payment: Submit a percentage of the total cost as agreed in the sale terms.
- Installments or Lump Sum: Pay in agreed installments or as a lump sum.
- Final Payment: Settle the balance upon property handover or title transfer.
Are there additional costs involved in purchasing an apartment?
Yes, additional costs may include:
- Legal fees (typically 1–2% of the property price).
- Stamp duty (4% of the property value for urban areas and 2% for rural areas).
- Valuation and survey fees.
- Service charge fees for amenities (if applicable).
Can I purchase an apartment if I live abroad?
Yes, non-residents can purchase apartments in Kenya. At Crest Realty Agency, we assist clients living abroad with virtual tours, secure documentation, and remote payment options. Our team ensures a smooth and transparent process for overseas buyers.
How do I schedule a viewing for an apartment?
To schedule a viewing, simply:
- Contact us via our website, WhatsApp, or email.
- Share your preferred dates and time.
- We’ll confirm the appointment and provide directions or arrange a virtual tour if you’re unavailable in person.
Do you offer financing options for buyers?
We do not provide financing directly, but we work with trusted financial institutions and mortgage providers to connect you with suitable financing options. We’ll guide you through the application process to ensure you secure the best deal.
What should I look for when choosing an apartment?
Key factors to consider include:
- Location and proximity to amenities.
- Security features and neighborhood safety.
- Quality of construction and developer reputation.
- Price and payment terms.
- Availability of facilities like parking, elevators, and utilities.
How can Crest Realty Agency assist me in selling my property?
We provide comprehensive support to sellers, including:
- Professional property listing and photography.
- Marketing through various channels (social media, websites, and more).
- Buyer vetting and negotiation assistance.
- Guidance on legal processes and documentation.