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Originally published by The Standard Business
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April 8, 2026
5h ago

Buying off-plan? Do your homework on developers, experts warn

Buying off-plan? Do your homework on developers, experts warn

Experts warn on off plan purchase of property especially for diaspora investors ...

✨ Key Highlights

Kenyan experts are issuing warnings about the rising trend of off-plan property investments, particularly among the diaspora, highlighting significant risks if due diligence is neglected.

  • A cautionary tale involves a group of Kenyan women in the United States investing in off-plan retirement homes sight unseen.
  • The case underscores the importance of thorough research into developers before committing funds.
  • Reliance on virtual tours alone can lead to potential pitfalls in off-plan purchases.

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