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Buying for investment

Buying for investment

Build a property investment portfolio for yourself by purchasing property to let.
 

Apply now

What you can expect
  • How it works

    • Finance is available for single-family occupant houses only.
    • A 12-month rental lease must be signed upon purchase.
    • No moratorium is available.
  • What you get

    • Loan up to 70% of property value
    • Purchase up to six properties
  • Costs

    Costs Percentage of mortgage amount
    (from as low as)
    Transfer stamp duty 4% of home value / 2% for upcountry
    Stamp duty on charge 0.10%
    Negotiation fees 1% to 2%
    Legal fees 1.2%
    Fire insurance 0.125%
    Home loan protection cover 0.3%
    Valuation fees 0.25% of value of property
    Stamp duty 4% or 2% depending on the location

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Need more help?

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Tel: +254 (20) 3900000
Cell: +254 (722) 130120
Cell: +254 (732) 130120

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Absa Bot: +254 710 130000

Email:

absa.kenya@absa.africa

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Sitemap | Absa Bank Kenya PLC. Registered in Kenya. Registered office: Absa Head Quarters, Waiyaki Way, PO Box 30120, 00100 GPO, Nairobi, Kenya.
Absa Bank Kenya PLC is regulated by the Central Bank of Kenya.

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