The post Financing Options in Kenya: How to Invest in Land or Property appeared first on Premier Realty.
]]>Banks and financial institutions in Kenya offer mortgage loans tailored for property investment. These loans typically cover up to 90% of the property’s value, with repayment periods ranging from 10 to 25 years.
Key Features:
Top mortgage providers in Kenya include Kenya Commercial Bank (KCB) and NCBA,
Tip: Ensure you have a good credit score and a stable income to qualify for favorable terms.
Savings and Credit Cooperative Organizations (SACCOs) are popular for their member-friendly loan terms. By saving regularly with a SACCO, you can access affordable loans to invest in property.
Why Choose SACCOs?
SACCOs like Kenya Police SACCO and Stima SACCO have been instrumental in helping members invest in land and homes.
For Kenyans living abroad, diaspora financing offers tailored solutions for property investment back home. Banks and SACCOs provide special packages to enable seamless transactions.
Options Include:
Institutions like Equity Bank Diaspora Banking and KCB Diaspora banking are reliable options for Kenyans abroad.
Microfinance institutions (MFIs) cater to individuals or businesses needing smaller loans for land or property investment. They offer an accessible alternative for those who might not qualify for traditional bank loans.
Popular MFIs in Kenya:
Pooling resources with friends, family, or business partners can make property investment more affordable. This approach reduces the financial burden on individuals and allows for larger investments.
Things to Consider:
Financing your land or property investment in Kenya is more accessible than ever, thanks to diverse options like mortgages, SACCO loans, developer plans, and diaspora financing. Each method has its unique benefits, so it’s essential to evaluate your financial situation, goals, and repayment ability before deciding.
By understanding these options, you can confidently take the first step toward owning your dream property.
At Premier Realty Limited, we guide you through every stage of the process, ensuring a seamless investment journey.
Get Started Today!
Contact us at +254708783313 or visit www.premier-realty.co.ke to explore properties and financing solutions tailored to your needs.
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]]>The post Understanding the Importance of Home Security Features appeared first on Premier Realty.
]]>Here’s why home security features are a must-have in any property:
The primary reason for home security is to ensure the safety of your family. Features like secure locks, motion detectors, and alarm systems deter intruders and provide peace of mind, knowing your loved ones are protected at all times.
Home security systems are designed to ward off potential burglars and vandals. Surveillance cameras, reinforced doors, and window locks act as a strong deterrent, reducing the risk of theft and protecting your valuable possessions.
Modern security systems go beyond theft prevention. Many are equipped with fire alarms, smoke detectors, and carbon monoxide sensors to alert you to potential dangers. These features ensure timely responses to emergencies, potentially saving lives and minimizing property damage.
Insurance companies often offer discounts on premiums for homes with advanced security features. By installing monitored alarm systems or surveillance cameras, you may qualify for reduced rates, making security investments financially beneficial in the long run.
Homes equipped with modern security features are highly attractive to buyers and tenants. Whether it’s smart locks, video doorbells, or a full-fledged security system, these features add value to your property and make it stand out in the competitive real estate market.
Smart home security systems give you the ability to monitor your home remotely. Whether you’re at work or traveling, features like live video feeds and mobile alerts allow you to stay connected and in control of your property’s safety.
When multiple homes in a neighborhood have visible security features, it creates a ripple effect. The collective presence of cameras, alarms, and lighting discourages crime in the area, fostering a safer community for everyone.
Privacy is an essential aspect of feeling secure in your home. Features such as high fences, privacy screens, and frosted windows help protect your home from prying eyes, ensuring your personal space remains private.
Knowing your home is secure can significantly reduce anxiety and stress. Whether you’re at home or away, a robust security system lets you relax, knowing you’ve taken steps to protect your property and family.
The rise of smart technology has revolutionized home security. Features like automated lighting, smart locks, and integrated security apps are now more accessible than ever. Investing in these systems not only enhances safety but also aligns with modern, tech-savvy lifestyles.
When evaluating home security options, look for:
Home security is more than an investment—it’s a commitment to safeguarding what matters most. By incorporating reliable security features, you not only protect your loved ones and belongings but also enjoy peace of mind and a better quality of life.
Ready to upgrade your home’s security? Explore modern solutions and take the first step toward a safer, more secure home today!
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]]>The post The Benefits of Investing in Kenyan Real Estate appeared first on Premier Realty.
]]>Kenya is a regional economic hub with a robust GDP growth trajectory. The government’s focus on infrastructure development, such as the Nairobi Expressway and ongoing projects under Vision 2030, creates a conducive environment for real estate investment. These developments increase property values and make locations more accessible and desirable.
The urban population in Kenya is rapidly expanding, particularly in cities like Nairobi, Mombasa, and Kisumu. This growth has led to a significant housing deficit, presenting a ripe opportunity for investors. Whether targeting luxury apartments or affordable housing, the demand for residential properties is strong and consistent.
Kenya’s real estate sector offers a wide range of investment options, including:
Kenya boasts some of the highest rental yields in Africa, especially in urban centers. Investing in prime residential or commercial properties can provide a steady stream of income, offering both short-term gains and long-term asset growth.
The Kenyan government has introduced policies to attract local and international investors, including tax incentives and initiatives to streamline property ownership processes. Programs like the Affordable Housing Project aim to encourage investment in real estate while addressing societal needs.
Real estate is a proven asset class for protecting wealth against inflation. As property values and rental incomes rise with inflation, investing in Kenyan real estate offers a stable and tangible way to preserve and grow your wealth.
Kenya’s real estate market is especially attractive to the diaspora community, offering a secure and profitable avenue to reconnect with home while building wealth. Many real estate agencies provide tailored services for the diaspora, simplifying the buying and management processes.
Kenya’s booming tourism industry creates additional investment opportunities, especially in the hospitality sector. Vacation homes, Airbnb properties, and resort developments are lucrative options, particularly in coastal and wildlife-rich areas like Diani and Maasai Mara.
The rise of Kenya’s middle class has spurred demand for high-quality housing and commercial spaces. Catering to this demographic allows investors to tap into a growing market segment with increasing purchasing power.
Real estate in Kenya offers the opportunity to invest responsibly by supporting housing projects that improve living conditions and foster community growth. Affordable housing investments align with sustainability and social equity goals while yielding competitive returns.
Kenya’s real estate sector combines dynamic growth, high returns, and diverse opportunities, making it an excellent choice for investors. Whether you’re looking to generate steady rental income, diversify your portfolio, or contribute to societal progress, Kenyan real estate provides a wealth of benefits.
Start your investment journey today and unlock the potential of one of Africa’s most promising markets.
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]]>The post Why Suburban Properties in Kenya Are the Best Investment appeared first on Premier Realty.
]]>If you’re looking to purchase land, a home, or invest in rental properties, exploring suburban real estate could provide great value and potential for long-term growth.
Kiambu, located just a short drive from Nairobi, offers a perfect blend of suburban living with easy access to the city. This area has experienced rapid development in recent years, making it an ideal location for both residential and commercial properties. Whether you’re looking for expansive plots of land or well-established residential estates, Kiambu provides diverse options to suit a wide range of buyers and investors.
With land prices in Kiambu becoming increasingly competitive, it remains a top choice for investors looking to develop new housing projects, as well as for individuals seeking to build their dream homes in a peaceful, suburban environment. The close proximity to Nairobi makes Kiambu a convenient choice for commuters who desire a more serene lifestyle away from the hustle and bustle of the city.
Located along the Thika Superhighway, Ruiru is a growing town that offers a variety of housing options, from apartments to standalone homes. Land here is affordable, with 1/8-acre plots going for approximately Ksh. 3 million, making it an attractive choice for first-time buyers and investors. Ruiru is well connected to Nairobi, making it an ideal location for people working in the city but looking for a more tranquil environment to call home.
The expansion of infrastructure in Ruiru, including better roads, schools, and shopping centers, has also contributed to the increased demand for property in the area. As more people look for affordable homes with good access to Nairobi, Ruiru has become one of the most sought-after suburban towns for both homebuyers and real estate investors.
Known for its peaceful ambiance and expansive landscapes, Ngong presents a great opportunity for both residential and commercial investments. The area’s growing infrastructure and increasing demand for properties have made it a prime location for buyers and investors. Currently, a commercial plot in Ngong is listed for Ksh. 15 million, offering ample space for business development or future growth.
Ngong’s appeal lies in its balance between nature and modernity. It provides a quiet, suburban lifestyle while remaining close enough to Nairobi to make commuting feasible. The area is rapidly developing with new residential estates, schools, and recreational facilities, further adding to its appeal.
Compared to Nairobi, properties in suburban towns like Kiambu, Ruiru, and Athi River are significantly more affordable. This affordability allows buyers to acquire larger plots or better homes for a fraction of the price they would pay in the city center. The lower cost of land and homes in the suburbs also makes them more accessible to first-time homebuyers and those looking for budget-friendly investment opportunities.
For example, land prices in suburban areas can be up to 50% lower than in Nairobi, giving buyers more options and allowing them to maximize their budget. The ability to purchase larger plots of land for a lower price is a key factor driving demand for suburban properties.
Suburban towns around Nairobi are undergoing rapid infrastructure development, including improved roads, better water and electricity supply, and the establishment of shopping centers, schools, and hospitals. For example, areas like Ruaka, Kitengela, and Ngong have seen significant upgrades to their infrastructure, making them more accessible and convenient for residents.
This infrastructure growth has not only improved the quality of life in these areas but has also made them more attractive to homebuyers and investors. The improved accessibility, along with new amenities, has transformed these towns into desirable locations for both living and investment.
If you’re considering a property investment or a move away from the hustle and bustle of the city, here are some high-potential suburban towns to consider:
Ruiru offers easy access to Nairobi via the Thika Superhighway, making it a prime location for both homebuyers and investors. The area has seen steady growth in property values and offers a wide range of housing options, from affordable apartments to luxurious standalone homes. With the development of new infrastructure, Ruiru is becoming one of the most popular suburban towns for both residential and commercial investment.
Located along the Nairobi-Mombasa Highway, Athi River and Kitengela have gained attention for their expansive plots of land and rapidly developing residential estates. The area is particularly attractive to investors looking to develop larger projects, as well as to families looking for more affordable and spacious housing options.
These towns have experienced significant infrastructure growth in recent years, including new roads, schools, and healthcare facilities, which makes them even more appealing to both homebuyers and investors.
Kiambu continues to be a top choice for those seeking suburban living near Nairobi. With easy access to the city, Kiambu is popular for both residential and rental investment opportunities. The area has seen a surge in demand for high-end residential developments, and the consistent demand for rental properties has made it an attractive option for investors.
Known for its beautiful landscapes and proximity to Lake Naivasha, this town has quickly become a popular destination for both residents and investors. Naivasha offers a serene lifestyle and easy access to Nairobi, making it a desirable location for weekend getaways, family homes, and vacation properties. The growing infrastructure in Naivasha, including new roads and modern amenities, has significantly boosted its potential as an investment destination.
The potential for real estate growth in suburban areas around Nairobi is immense. As demand for these properties continues to rise, so too do their values. Areas like Ruiru, Kiambu, and Ngong are experiencing rapid development, and as more infrastructure is put in place, these areas are likely to see even greater appreciation in property values.
Investing in suburban real estate is a great way to tap into Kenya’s growing middle class, which has a strong demand for affordable housing options. Rental properties in these areas also offer strong potential for steady income, as many suburban towns continue to attract a growing population.
As Nairobi’s suburbs continue to expand, the real estate opportunities in towns like Ruiru, Kiambu, Ngong, and Athi River are only getting better. Whether you’re buying a family home or looking for an investment property, the suburban areas surrounding Nairobi offer promising growth potential, affordable options, and an improved quality of life.
Consider making a move into Kenya’s suburban real estate market today. Contact us to learn more about available properties or schedule a viewing. Invest in the future of Kenya’s suburban real estate market and enjoy the benefits of a flourishing property investment.
Contact us on 0708783313 to start your investment journey .
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]]>The post Hidden Costs When Buying Land in Kenya. appeared first on Premier Realty.
]]>The most obvious cost is the purchase price of the land itself. Prices can vary significantly based on location, size, and zoning. It’s crucial to research the market to ensure you’re paying a fair price for the land. Remember to negotiate and consider the long-term value of the property.
Stamp duty is a tax levied on the transfer of property ownership. In Kenya, the current stamp duty rate is 4% of the property value for individuals and 6% for corporate entities. This cost is often overlooked but can significantly impact your overall budget, so make sure to factor it in when calculating your total expenses.
Engaging a qualified lawyer to handle the legal aspects of your land purchase is essential. Legal fees can range from 1% to 2% of the property value, depending on the complexity of the transaction. A lawyer will assist with due diligence, ensuring the land title is genuine, and help with drafting and reviewing contracts.
Before purchasing land, it’s crucial to conduct a land search to verify ownership and ensure there are no encumbrances on the property. This process typically incurs a fee, which can range from Ksh 1,000 to Ksh 5,000, depending on the location and the specific requirements of the land office.
If you plan to subdivide or develop the land, you may need to hire a land surveyor to determine the boundaries and ensure accurate measurements. Survey fees can vary based on the size and complexity of the property, so be prepared for additional costs in this area.
Once the sale is complete, there are transfer fees to consider. These fees are typically paid to the Ministry of Lands and are a percentage of the property value. It’s important to budget for this expense as it can add to the overall cost of your land purchase.
Depending on the location of your land, you may need to invest in infrastructure development, such as roads, drainage, and utilities. These costs can vary significantly based on the property’s condition and location, so be sure to evaluate the infrastructure needs before finalizing your purchase.
If you plan to develop the land, you will need to obtain various local authority approvals and permits. This process may incur additional costs, including application fees, environmental assessments, and building permits. Researching the requirements for your specific project is essential to avoid delays and unexpected expenses.
Owning land comes with ongoing maintenance costs. This includes property taxes, landscaping, and general upkeep. Make sure to account for these expenses in your budget to ensure the property remains in good condition and retains its value.
Understanding the hidden costs associated with buying land in Kenya is crucial for any prospective buyer. By being aware of these expenses—such as stamp duty, legal fees, survey costs, and infrastructure development—you can better prepare yourself for the financial commitment of purchasing land.
Investing in real estate can be a rewarding venture, and with proper planning and knowledge of the costs involved, you can navigate the process with confidence.
If you have questions or need assistance with your land purchase, feel free to reach out to us for expert guidance.
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]]>The post Land Buying in Kenya: A Guide for Investors appeared first on Premier Realty.
]]>Kenya’s real estate sector consistently outperforms other asset classes. Here’s why it’s an attractive option:
Residential real estate has consistently been a top choice for investors due to high housing demand. Key areas include Nairobi, satellite towns like Thika and Athi River, and coastal cities like Mombasa. Options include:
With Kenya’s status as a growing business hub, commercial real estate offers significant opportunities:
Land is often considered one of the safest investments in Kenya, with potential for significant appreciation over time. Key areas to consider include:
Before purchasing property in Kenya, it’s essential to understand the legal framework to avoid potential pitfalls. Here are the main legal requirements:
Kenya offers a variety of financing options for those looking to invest in real estate. Some of the most popular options include:
The Kenyan real estate market continues to be a lucrative option for investors. With proper research, legal safeguards, and strategic investments, the sector promises good returns in the long term. As Kenya’s economy grows and urbanization continues, the demand for property is set to rise, making now an ideal time to explore opportunities in this dynamic market.
Whether you are looking to invest in residential, commercial, or land properties, staying informed and working with professionals is key to maximizing returns and minimizing risks.
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]]>The post Land Prices in Kenya: What Determines Land Value? appeared first on Premier Realty.
]]>1. Location, Location, Location
One of the most critical factors influencing land prices in Kenya is location. Urban areas such as Nairobi, Mombasa, Kisumu, and other major cities have significantly higher land prices compared to rural regions. Land in prime locations close to business districts, schools, hospitals, and shopping centers typically fetches premium prices. Additionally, proximity to infrastructure like roads, highways, and airports can elevate land value significantly.
2. Infrastructure Development
Kenya has made significant investments in infrastructure, particularly in road development, which profoundly impacts land values. For example, the Nairobi-Mombasa Expressway will enhance connectivity between the capital and the port city, driving land prices along the route .
Such infrastructure developments not only facilitate movement but also create favourable conditions for real estate growth, making proximity to these projects a key factor in determining land value in Kenya.
3. Zoning and Land Use Regulations
The zoning laws set by local governments also play a significant role in determining land prices. Land designated for commercial or mixed-use purposes is typically more valuable than land zoned for agriculture or residential purposes. Investors looking to buy land in Kenya for development need to consider zoning regulations, which can impact the intended use and future value of the land.
4. Supply and Demand
Just like any market, the principles of supply and demand apply to land prices in Kenya. High demand for land in urban areas combined with limited availability drives prices up. On the other hand, in less populated regions where the demand is lower, land prices are more affordable. For instance, land in Nanyuki and Naivasha is gaining popularity among buyers due to its growing demand for residential and vacation homes.
6. Future Development Prospects
The potential for future developments around a particular area can also drive up land prices. For instance, land prices in areas near upcoming major projects like Konza Technopolis or the Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) corridor have skyrocketed as these projects promise economic growth and development.
7. Environmental Factors
Land situated near natural attractions like mountains, lakes, and national parks often has higher value due to its desirability for tourism, vacation homes, and eco-friendly projects. However, certain environmental factors like flood-prone areas or lands with harsh climatic conditions may lower the price. Investors should consider environmental assessments before purchasing.
Understanding what determines land value in Kenya is key to making smart investments. Factors such as location, infrastructure development, supply and demand, zoning laws, and future development projects all play crucial roles in shaping land prices.
By staying informed about these variables, investors can identify opportunities for growth and make profitable land investments in Kenya.
Interested in learning more about where to buy land in Kenya? Contact Premier Realty Limited today for expert advice and current listings of prime land available for investment.
#LandPricesKenya#RealEstateKenya#InvestmentOpportunities#BuyLandInKenya#KenyaRealEstate#PropertyInvestment#LandValueFactors#InvestInKenya#KenyaRealEstateMarket
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]]>The post Land for sale in Kenya – Affordable Plots appeared first on Premier Realty.
]]>Explore the properties that are set to shape the investment scene this year.
Nestled within the captivating landscapes of Naivasha, Pana Ranch II presents an unparalleled investment opportunity. Strategically located just 3.5 kilometers off the bustling Moi South Lake Road, this rare haven offers both tranquility and accessibility. It signifies more than just a transaction – it extends an invitation to embrace the breathtaking scenery of Mt. Longonot, the pristine waters of Lake Naivasha, the majestic Aberdare Range, and the awe-inspiring Ol Doinyo Eburru.
This property encompasses a lifestyle curated by nature itself. Imagine a canvas painted with the hues of natural beauty, where each sunrise and sunset unfurls against the backdrop of iconic landmarks. Seize the opportunity to invest in Pana Ranch II, where every inch of land tells a unique story, and every moment is a testimony to the distinctive blend of convenience and scenic splendor.
Prices start from Ksh 3,500,000
Experience the perfect fusion of tranquility and convenience as you explore this exceptional 1/8-acre residential plots in Limuru. Located just a scenic 30-minute drive from the bustling CBD, this property offers an exquisite balance between the vibrancy of urban life and the enchanting tranquility of Limuru’s picturesque surroundings.
Positioned only 5 kilometers from Limuru town, it grants seamless access to essential amenities, resulting in a harmonious blend of urban proximity and rural charm. What sets this 1/8-acre gems apart is not just its strategic location but also the promise it holds for a well-connected life. With the added advantage of on-site water and electricity, this property enables you to realize your dream family settlement.
Seize the opportunity to invest in this harmonious escape that beckons with promise and potential. Limuru’s breathtaking beauty awaits, with this property serving as your gateway to a life well-lived.
Prices start from Ksh 2,500,000.
This is phase III as we already completed a similar project in Limuru last year and handed over Tittle deeds to all our clients.
Embark on a distinctive investment journey with not one, but two enticing 1/8-acre residential plots along Thika Road. Each property possesses its own unique charm and potential.
The first property, located a mere 3 kilometers from the Thika Superhighway, proudly stands just 400 meters from Juja-Gatundu Road. Adjacent to Corner Brook School, this parcel of land presents a prime piece of real estate for investors. Its strategic location not only offers unparalleled convenience but also positions you favorably for a myriad of possibilities.
On the other hand, the second property, nestled in the Mutonya area, rests 4 kilometers from the Eastern Bypass at Kona stage. This gem provides a tranquil escape while maintaining accessibility to major transportation routes. Its allure lies not only in its scenic beauty but also in its strategic positioning, making it an excellent choice for those seeking a harmonious blend of tranquility and connectivity.
1/8 Acre – Ksh 2,500,000
Located just 16 kilometers from Konza City along the proposed southern greater bypass, these 50 by 100 residential plots offer prime investment opportunities in Isinya. Strategically positioned near the future Konza Techno City, this property promises remarkable growth.
Offering an ideal setting for residential development, land banking, small-scale agricultural ventures, and large-scale farming initiatives, this versatile plot showcases forward-thinking investment.
Don’t miss the exclusive chance to secure this prime property with flexible payment plans spanning up to 12 months, enhancing accessibility for investors.
Seize the opportunity to align your investment with the promising future of Konza City where each month brings you closer to a flourishing venture in the heart of Isinya.
Prices start from Ksh 550,000 for 1/8 Acre plot
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]]>The post Explore Luxury Living in Naivasha appeared first on Premier Realty.
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As you step into the grounds of Pana Ranch II, prepare to be embraced by awe-inspiring 360-degree panoramic views that redefine the concept of breathtaking. Mt Longonot, Lake Naivasha, Aberdare Ranges, Mau Hills, and Eburru Hills create a living tapestry, a backdrop against the vibrant game sanctuary. In the distance, the beckoning allure of Hell’s Gate promises adventure and exploration, setting the stage for a lifestyle that transcends the ordinary.
Amidst the contemporary homes and unparalleled views, we’ve embarked on a transformative journey towards sustainable living through a profound tree-planting initiative. The introduction of lush greenery not only enhances the estate’s natural allure but also fosters a healthier environment. Trees, beyond their aesthetic charm, play a pivotal role in carbon sequestration, offering shade, and promoting biodiversity.
Our commitment depicted during the tree planting event that saw the Premier Realty team, clients, friends and the local community come together to plant more than 300 indigenous trees . We aspire to cultivate a community deeply rooted in reverence for the land we call home. Each tree planted becomes a living symbol of our shared commitment to environmental stewardship, contributing to the enduring beauty and vitality of Pana Ranch II.
Picture this: you, as an integral part of this sustainable journey. The simple act of planting trees becomes a potent contribution to the lasting legacy of our cherished community. Envision generations to come, strolling through green avenues, shaded by the very trees you helped plant. It’s a legacy that echoes through time, where the natural beauty of Pana Ranch II thrives hand-in-hand with responsible environmental practices.
Considering making Pana Ranch II your home goes beyond contemplating the luxurious lifestyle and panoramic views. It’s an invitation to envision the legacy of sustainability you’ll be a part of. Together, let’s create a harmonious sanctuary where modern living and environmental consciousness converge—a legacy that stands as a testament to the delicate balance between luxury and nature.
Pana Ranch II is not just a destination; it’s a commitment to a greener, more sustainable future—one tree at a time. Imagine the growth of your dream home intertwined with the growth of trees that will stand as witnesses to the chapters of your life and the thriving ecosystem of this community.
Join us in shaping a legacy that transcends generations, where the verdant beauty of Pana Ranch II is nurtured and sustained by the collective efforts of its inhabitants—a sanctuary where the roots of sustainability run deep and the branches of luxury reach high into the sky.
Visit www.pana ranch.com to learn more about the project.
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]]>The post Real Estate Insider appeared first on Premier Realty.
]]>This magazine focuses on properties in Kenya . It gives tips on buying and selling of land as well as various houses and apartments in the market . It also highlights the land buying processs in Kenya, real estate market trends as well as tips to renovate an apartment.
Feel free to reach us on 0708783313 for any enquiries .
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