Property for sale in Kigali

Kigali is currently undergoing new city planning, making expropriation common with new developments. Compensation is usually paid by the new investor and usually targets rundown, inexpensive structures or empty lots. Get more information on property for sale in Rwanda.

Views on the Kigali real estate:

The government expropriates in favor of investors who pay appropriate fees and who in turn pay the expropriated fair market value for the land in question. The system works, but expropriated citizens often complain of late compensation when the government is responsible for payments. There is also lack of price adjustment of expropriated property for sale to inflation.

Expropriation laws state that prices for expropriated property for sale should be adjusted for inflation every 18 months, but the most recent adjustment was in 1996.

A committee consisting of Ministry of Land and Kigali City officials is adjusting current prices to inflation at the request of the Parliament, and prices are expected to change soon.