Consultants are Essential for a Safe Property Purchase!

If you are planning to buy a property in Watamu, you will need the assistance of several consultants, including advocates, surveyors, and accountants. Some of these professionals have offices in Watamu, while many others can be found in Malindi. Many are accustomed to working with Italian clients and can speak Italian.

The first step in the process is to obtain a PIN number, which will enable you to open a bank account, set up a company (if necessary), and purchase a property. For more detailed information about purchasing a property, read here.

The costs associated with buying a property can vary depending on the value of the purchase. Advocates’ fees typically range from 1% to 2% of the property’s value, and there are additional fees for necessary documents. At the end of the process, the buyer will also be required to pay a 4% tax on the purchase price.