How to Buy Land in Vipingo Ridge
The Step-by-Step Guide: How to Buy Land in Vipingo Ridge
How can I get started with purchasing property in Vipingo Ridge?
This is a common question for those eager to join our community but uncertain where to begin. Well, to begin with, buying land in Vipingo Ridge is not just signing a few papers, it is an adventure, a dream fulfilled and investing in a lifestyle you will adore generation after generation. While the process may seem straightforward, land purchases involve many steps that require the buyer’s active involvement at every stage.
Let’s take a look at the purchase process of land in Vipingo Ridge as well as the requirements for the whole process to be effective.
Step 1: Pre-Purchase Research
When the desire to buy land arises, the first step is to research the best areas for investment. Begin by identifying your area of interest.
At this stage, you should inquire with the developer or estate management to arrange a viewing. Vipigno Ridge has a dedicated Sales team who can be contacted directly to start understand your needs and the options available.
Unless you are familiar with Vipingo Ridge, we recommend a visit to experience the site, security, amenities and of course view the shortlisted options.
During the viewing process, you’ll be looking for an opportunity that fits your budget and aligns with your preferences and needs. In Vipingo Ridge, this is the moment you get to explore a wide range of property options, from undeveloped plots to fully constructed houses.
Moreso, are you looking for ocean views, sunset views, the golf course views, or is the view not as important to you as another feature?
By inspecting the plots, you’ll gain firsthand experience of their features and benefits, ensuring that you are making a valuable investment. The adage that “there is something for everyone” becomes evident here, as each client with different tastes and needs can find properties that suit them.
Options vary in terms of size, location, elevation, views, privacy, and greenery, offering an array of choices. for a variety of budgets.
Furthermore, this stage is critical since some considerations need to be made:
Considerations for Buying Land
Well, since now you understand and are familiar with the Vipingo Ridge purchase process. There are
things you need to consider in this whole process to ensure that you do not incur any unforeseen
circumstances. This includes:
1. Land History Research: It is essential to learn the history of the land, including previous ownership and how it was acquired. This information can often be found on government land records, typically available for free.
2. Land Limitations & Restrictions: Check for any limitations that may affect your intended use of the land. Look for any existing mortgages, easements, or liens on the property that could complicate your purchase.
3. Land Rates & Taxes: Investigate the land rates in the area and any applicable stamp duty. Note that stamp duty can vary depending on the property location, valuation, type of transfer, and exemptions or relief available. Additionally, ensure you find out any outstanding taxes owed on the property to avoid potential issues during the transfer or registration process.
Step 2: Agreeing on the Terms of Sale
After identifying the plot and conducting due diligence, it’s time to proceed with the purchase.
At this stage, the purchaser receives a letter of offer which acts as a commitment toward beginning the purchase process. In Vipingo Ridge, the letter of offer acts as security to the purchaser so that in those 10 days, while making the deposit, the piece of land is reserved and will not be available for sale.
After which they must make a deposit payment within 10 days. During this period, the legal counsels for both parties will draft the sales agreement to ensure that the rights and obligations of both parties are fair.
Step 3: Signing of the Sales Agreement
Once the vendor and the purchaser agree on the terms of sale, the sales agreement is executed by all parties to confirm their agreement.
At this point, the sales agreement includes the terms of sale, such as the purchase price, payment schedule, and any other conditions.
Step 4: Official Transfer of Ownership
Registration begins after the sales agreement has been executed.
This registration of the property is done through the Ministry of Lands and Physical Planning, along with the payment of the necessary registration fees.
At this stage, the payment should be ongoing, as land payments in Vipingo Ridge should be made within 90 days from the date of signing the letter of offer.
Step 5: Post-Purchase Activities
The post-purchase process includes ensuring proper registration, confirming that the purchaser complies with property development terms and conditions, and the handover of the registration documents.
Requirements to Buy Land in Vipingo Ridge
To buy land and have it registered as your asset, you need to:
Have a Kenyan Identification Card
KRA PIN (Kenya Revenue Authority Personal Identification Number)
Passport-sized photos
Can Foreigners Buy Land in Vipingo Ridge?
Yes, foreigners can buy land in Vipingo Ridge by providing the required details and documents. We are a diverse community that embraces inclusivity, and we are always excited to see Kenyans and non-Kenyan buyers join us.
Therefore, to own land in Vipingo Ridge, a foreigner needs to present:
● A valid passport
● A KRA PIN certificate
● Passport-sized photos
Start your land ownership journey today
Buying land in Vipingo Ridge is a straightforward process that welcomes individuals from around the globe.
We have sold over 300 plots to date and are well versed in the process to ownership.
With the assistance of our legal partners, we ensure that every step of the journey addresses the purchaser’s needs, requests, and concerns. Our process is transparent, rewarding, and time-efficient.
Whether you are a first-time buyer or an experienced property investor, we strive to make your experience smooth and efficient. To start your buying journey, please contact our sales team at sales@vipingoridge.com and join our vibrant community in the easiest way possible.
One of the last A Plots at the end of a private cul-de-sac. A49 is 55 metres above sea level with amazing long sunrise views.
Contact our team: +254 700 026 100