Mon. Oct 14th, 2024

Demand for Land Attracts Youthful Investors to Chakama area in Kilifi

The demand for land has seen increased activities at Chakama area in Magarini Sub County, Kilifi County as land buyers throng the area to purchase land and youth in the diaspora are being urged to invest on land in the area.

According to private land experts, most youth in the diaspora have failed to invest especially on land in the country despite earning good money.

Mr. Samuel Njenga, a 32 year old youth working in Germany is among 200 youth who have invested on land in Chakama area and was handed his title deed by Hodari homes, a private land dealing company.

He said many youth have been swindled of their hard earned money by friends, bogus investors and even family members they entrusted in investing on their behalf back home.

“The youth in the diaspora get scammed when trying to invest in Kenya and most have given up on investing since some of the people they entrust to run errands for them including family members end up disappointing them,” he said.


This he added that had made the youth in diaspora shy away from investing in Kenya and ended up spending their money on perishable luxury possessions in their host countries.

“I decided to try this way and through Hodari homes I have believed we have a trusted partner. I came over during my holidays and they took me for a site visit before finally buying the two plots that I want to do some farming,” he said.

Mr. Musa Gaterima who is the Managing Director of Hodari homes, a company that buys and sells land said that his entity is focusing on the youth because they have a potential to develop the country.

He added that his entity works closely with relevant government agencies to ensure that the land they are dealing in is genuine before subdividing it to sell the plots to potential buyers.

“We launched this project to urge the youth to invest in land because many feel that owning land in Kenya is very expensive but we have designed a way of making them get land in an easier but clean process. Our plots go for Sh. 90,000 for a 50 by 100 piece and they are ripe for investment,” he said.

By Treeza Auma

Treeza Auma is a Digital Content Producer and founder of https://www.ktmn.co.ke KTMN She is also Television journalist at Kenya News Agency and Leadership Accelerator at Women in News.

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