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Kenya Is Top Property Hotspot For Africa’s Super-rich

Kenya is the country of choice when it comes to Africa’s super-rich buying property, a new survey has found.


Almost a quarter of the continent’s wealthiest own property in the East African nation, estate agents Knight Frank say.

The next nearest country is South Africa, which lags behind on just 9%.

According to Kenya’s The Nation, it means out of the 22,970 Africans with a net worth of more than $5m (£3.5m), more than 5,500 have property in Kenya.

The report also names Karen, in the Kenyan capital Nairobi, and Cape Town’s Central Business District as two of the world’s luxury home hotspots.


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