The Golden 50K ‘Krisi’ Olive Branch

It is that season again. Time to start that mad rush towards the Christmas and end year festivities. During this period, many people run away from business activities. Some people prefer spending time with family. Yet, another category of people step into hibernation to escape from their busy schedules.

Real estate investments becomes inactive during this time. But for prudent investors, this inactiveness in the sector can become the golden opportunity. While most of the industry witnesses low activities, one could transform it into the best opportunity to invest in real estate.

Olive Limited Director, Peter Gitau says that during this period, many property companies tends to offer great price dips and discounts to re-energize the market activity. Other companies would also be intending to close their targets for the calendar year.

“We have great offers for our clients this holiday season. It is called Tetemesha Krisi na Olive. Under this arrangement, we are advancing a cash back of 50,000 to every cash purchase done within seven days in any of our projects. The offer runs till 20th of December this year. So it is the best time for end users and investors to negotiate and bag the best deals,” Gitau informs.

The company has projects along the newly constructed Ngong-Suswa Road. Its Naserian Ridge and Leleshwa Gardens projects are all in phase three. In Naserian Ridge for example, an eighth of an acre goes for Ksh 750K, but with Olive’s three months payment plan, it would go for Ksh 780K. Additionally, an equal portion of land at the Leleshwa Gardens sells at Ksh 650K. However, a buyer would pay Ksh 680K for a three payment plan and Ksh 710K for a six months installement plan.

Real estate companies also use this season to vet the potential buyers by giving realistic offers. Their aim is to weed out on time wasters. In this regard, investors have high chances of getting the most transparent deals in real estate. So serious buyers and investors would think of cracking this deal by booking hot deals at the greater price advantage.

“In real estate, you might lose the advantage because someone else was able to offer a better deal, however, in the year end festive season, this is relatively less and you can lock on great deals without being part of a frenzy,” Gitau Expounds.

However, Gitau warns the investors that it is not enough to buy something that seems to be a good deal. He says that it is important for investors to stay focused so that they buy the right properties.

“For any buyer who wants to achieve this, they have the opportunity and a partner in Olive Limited. We ensure that all our properties do not have underlying issues. We have also capitalised on ensuring that we give out title deeds within the legal time frame of three months after payment completion,” he reveals.

Other things to consider while planning to invest during this season is to ensure that you have your finances well line-up. Having the deposits ready ensures that you are not caught up when banks and other financial institutions shut down for holiday, and better still, before you overspend on festivities.

Additionally, there are other key professionals such as lawyers and surveyors, who are involved during the land buying process. They may also take time off. This means you require an early strategy to avoid inconveniences. Mapema ndio best!