Buying and Selling Costs of Real Estate

As would be expected, there are several transactions involved in buying and selling property, which attract fees and taxes. In Kenya, you incur charges from the moment you begin searching for feasible investment ventures.
While some costs are set, such as registration and requisite search fees, many costs associated with buying and selling real estate in Kenya are highly variable and based on:
 

The type of real estate
Location of the property
Commissions and fees charged and earned by the various professionals (which are also often based on type and location of the property)
The type of transactions
Documents you want or need

 
The estimated sum for round trip transactions can range from 4.5% to 6.8% of the selling/buying price of the real estate.
Real-estate Agent Fees
 

Searching fees: rates vary depending on the type, size and cost of property with an urban apartment in upmarket neighborhood costing as much as Ksh5,000
Viewing fees: varies among real estate agents but usually ranges between Ksh500- 1000 for residential houses and over Kshs5,000 for commercial properties
Listing Fees: varies depending on size and location of property with landlords paying from 2% the value of the property
Agent’s commission (buyer