Why you should invest in land

Two years later, we went on another land searching expedition in Kajiado. We ended up ahead of Oletepis, a few kilometres from Magadi town. With the county governments in place, the nondescript Oletepis had been gazetted as a sub-county of Kajiado County, shooting the prices of property to the sky.

Besides the facilities that must be put in place for the town to enjoy its new status, a proposed by-pass from Ngong’ town to Suswa is going through Oletepes. Thus the property around the town is on the upward trend. My friend and I regretted our foolishness in missing out that opportunity at that time.

From this experience, I have learnt:

• There is no place in Kenya that is ‘too far’

• When you are buying land, do not look at it from the lenses that you yourself are going to live there. See it as an investment opportunity

• Land gives you good returns, much higher than a fixed deposit and other investment options

• Unlike shares that are unstable or a car that depreciates when you drive it out of the showroom, land as an investment appreciates with time

• Women, young ones, have identified investment in land as the vehicle to their financial freedom

• Do not hold onto a piece of land unless you decide that is where you are going to put up your dream home. But sometimes, dreams also change.

The good thing is; it is never too late to start investing. People are always buying and selling. At whatever point you enter the property market, one thing you are sure of is making a profit.

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