KISUMU CHIGA FRONTS

With ready titles, accessible, Nandi Hiils View and sugar belt views and friendly neighborhood is what makes Chiga Fronts one of the most coveted areas to live in, it offers a real home lifestyle with fresh air. This is a project by Ibounty Investment Company Ltd. As investors are keen on maximum benefits that come with investing in Kisumu. Chiga presents the best place to own land with the best price in the area of Kshs. 550,000 Only. The price is inclusive of title deed and perimeter wire fence. The property is subdivided into 16 home sites or plots of (50 by 100)

Investment Highlights

LOCATION

Lwala Heights is 15 minutes’ drive from Kisumu town center. It is situated off Kibos- Chiga road on your left side. It offers magnificent view of the lake and town. It is approximately 10Km from Kisumu town CBD.

VALUE ADDITIONS.

1. Perimeter treated poles fence

SOIL TYPE

Soil here is good for agriculture and construction.

Title deed. This land has freehold title deed (The title deed transfer process is done immediately upon completion of payment.)

PRICE LIST (Per Approx. 0.05 Ha)

• Cash Price: Kshs 550,000 only (Deposit Kshs.200, 000 balance within 30 days)
• An installment payment option of up to 4 months is also available as detailed below

Installment Period	Deposit (Approx. 30%)	Monthly Installments	Total Amount
4	Kshs.200,000	Kshs.100,000	Kshs.600,000

Minimum booking fee for each plot is Ksh. 100,000 only which is price inclusive. This price is all-inclusive of legal fees, stamp duty and title transfer fees. There are no hidden charges.

 TEN POINTS ON HOW TO PURCHASE A PLOT AND WHAT TO DO NEXT

1.Select your plot of your choice from the proposed subdivision map

2. Book your plot by paying the booking fee through one of our payment options (Bank or Mpesa Paybill) and the official receipt shall be issued to you

3. Fill up the letter of offer attached (Download here)  and scan and send together with copy of your ID, KRA Pin, Passport Photos and email to info@ibountyinvestment.co.ke. For our diaspora clients, send todiaspora@ibountyinvestment.co.ke.  Offer letter are also available in our offices and will also be available during open day. Once received in the office, stamped copy shall be sent to you for your records.

4. Endeavor to complete payment within the payment duration given

5. Application for consent of land Control Board and Registration of transfer document (RL1) and a sale agreement will be shared with you for signing in triplicate

6. Title processing is done within 6-12 months upon completion of payment.

7. We will notify you when your title is ready by sharing on WhatsApp to verify your details (Name and ID) Once you are satisfied, they can be collected from our office either by you or by any person you have authorized in writing to collect it on your behalf. For our Diaspora clients, we can send it to you through a courier service of your choice.

8. We shall hand over the project to the buyers after three months of its closure and we shall be willing to fence for you your plot at a fee to be shared later.

9.For those willing, we shall construct for you a house of your dream after we agree on designs and cost. The cost shall include construction, approvals and drawings in case we do it for you.

10. For mortgage arrangements, you will join our financial partner and contribute Kshs. 5,000 per month for 6 months before you qualify for a loan. The loan shall be given four times what you have deposited. The same title will act as security for the loan

Executive Summary

Special Offer: Buy 10 plots get 1 plot at half price

Open Day and Site Visit

Due to Covid 19 meusres, there will be no open day but upon request, the office will coordinate with you on how you can visit the site.

To book, SMS, Call or WhatsApp “CHIGA” to 0708 444 333 or 0728 986 127 

WHY INVEST IN KISUMU

• Kisumu is the fastest growing city in Kenya meaning with growth, population will grow which will translate into high demand for housing and food. This land is not far from the proposed railway station at Kiboswa.
• You have heard of dry dock port with ship going round East African countries. This bring conveniences in transport for traders across the borders. Years back there was triangular trade between Kisumu, Jinja in Uganda and Mwanza in Tanzania. This is earmarked to come back to life.
• Good Transport network of Kisumu brings convenience in moving around. There is a big airport serving the whole of Western Kenya region, there is Lake Victoria Ring road in the pipeline, extension of the standard gauge railway to Kisumu and ship for Lake Transport.
• The lake itself makes Kisumu looks good
• Kisumu is also a great holiday destination, with good local food like fish, the culture of the community around which they have maintained with good music like Ohangla, parks and many others.

Updated on June 20, 2023 at 10:43 am