Nairobi offers some of Kenya's most sought-after development-ready land parcels, with increasing demand from both individual developers and institutional investors. These plots come with all necessary infrastructure including access roads, water connections, and electricity - allowing for immediate construction commencement.
The Nairobi ready-to-build land market has seen steady 8-12% annual appreciation, driven by the county's growing population and commercial expansion. Key growth corridors include:
Land Type | Average Price Range | Popular Areas | Typical Sizes |
---|---|---|---|
Serviced Residential Plots | Ksh 3-8M per 1/8 acre | Athi River, Ruaka | 1/8 - 1/4 acre |
Commercial Serviced Plots | Ksh 10-25M per 1/4 acre | Along major highways | 1/4 - 1 acre |
Gated Community Plots | Ksh 6-15M per 1/8 acre | Karen, Runda environs | 1/8 - 1/2 acre |
The average ROI on ready-to-build land in Nairobi ranges between 18-30% over a three-year period when developed. Key appreciation drivers include: