Property Frequently Asked Questions
Here you will find some of the most common questions about buying a property at Vipingo Ridge.
Not found the answer to your question in our FAQs? Please contact our team for more information.
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Once a property has been selected, a Letter of Offer is issued to the potential purchaser.
The purchaser will then need to place a reservation fee/deposit to secure the property within 10 working days.
A 99-year lease, from 2006, of the property in the resort will be granted at the completion of the purchase. The sale structure also includes B-class shares in Vipingo Ridge Ltd. -
There are no restrictions to foreign nationals or foreign registered companies owning property at Vipingo Ridge.
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Yes. Most banks and financial institutions in Kenya accept long leases as security. Terms and conditions and requirements of institutions vary.
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The purchase price is split into two parts comprising a Lease Premium and the Share Premium, and the right to purchase a property is conditional upon the agreement to purchase a B-class share. Both purchases will be completed simultaneously.