Extremely cheap real estate in Nairobi, Kenya, a good investment?

2 years ago
13

Some of the cheapest real estate in the world can be found in Africa. In this episode I go check out a Chinese built real estate development in Nairobi where new 3-bedroom apartments sell for $250 per m2. I speak to tenants and potential buyers to get insight into who the target market is. On the way to the development, we see all the infrastructure work currently taking place in Nairobi, Kenya

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The Wandering Investor travels around the world to explore a World of Opportunities and share his investment research. The goal is to help individuals reach freedom and prosperity through the use of internationalization & diversification strategies.

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— My favourite low-fee brokerage for trading stocks internationally: https://www.interactivebrokers.com/mkt/?src=wanderinginvestory2&url=%2Fen%2Findex.php%3Ff%3D1338

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DISCLAIMER

No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction.

Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.

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