Citadel Valuers Limited
Market leader in quality, innovative and reliable real estate advisory, management and agency services in Kenya and beyond.
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In need of real estate agency services today? We are the best bet for you. We offer Property management, Property valuation, Asset tagging, Estate Agency and Feasibility studies services at affordable rates.
About Us
Citadel Valuers Limited is a Valuation and Real Estate Consultancy Company operating in accordance with the necessary local and regional legislations and international requirements/standards of the profession. It is based in Nairobi, Eldoret and Nyeri.
Our headquaters are at Nairobi-Kenya; SNN Plaza 4th Floor Rm 5 Githunguri Road Nxt Rafiki MFB. We also have branches in Eldoret Town;2nd Floor Safina Plaza Suite S14 Ronald Ngala Street and Nyeri Town 4thFloor,Gatemu Building.
Learn MoreOur Services
We envision to be a market leader in quality, innovative and reliable real estate advisory, management and agency services in Kenya and beyond.
Valuation
Citadel Valuers Limited has developed special interest in valuation of plant and machinery, automobile and related assets.
Property Management
Citadel Valuers Limited operates various real estate properties for a fee on behalf of landlord(s) or acts on behalf of the owner(s)
Estate Agency
Citadel Valuers Limited is involved in selling, buying and negotiating various properties on behalf of clients.
Asset Tagging
Citadel Valuers Limited also undertakes tagging of assets which involves asset identification, verification, tagging and data capture.
Feasibility Studies
At Citadel Valuers we also carry out feasibility studies that account for factors that affect it such as economic, legal and scheduling factors etc.
Frequently Asked Questions
It is the estimation of value of a particular property/asset at given date for a particular purpose. Valuation can be done for various purposes such as:
- Mortgage/Refinancing
- Buy/Sell Valuations
- Rental Assessments
- Stamp Duty Purposes
- Court Purposes
- Book Keeping Purposes
- Insurance
- Tax i.e. Capital Gains Tax, Probate
- Feasibility Purposes
All registered valuers in Kenya are guided by the valuers scale Cap 532 of the laws of Kenya as follows per THE VALUERS (FORMS & FEES)(AMENDMENT) RULES, 2011
- Urban, Rating and Agriculture Valuation - First Kshs. 2,000,000 at 1.0 per cent; Residue at 0.25 per cent
- Compulsory Acquisition Valuation - First Kshs. 2,000,000 at 2.0 per cent; Residue at 0.5 per cent
- Rental Valuation - First Kshs. 400,000 p.a at 10 per cent; Residue at 5 per cent
- Plant, Machinery and Automobile - First Kshs. 5,000,000 at 1.5 per cent; Residue at 0.5 per cent
- Furniture, Fittings, Equipment, Trading Stock and Going Concerns - First kshs. 1,000,000 at 5 per cent; Residue at 2.5 per cent
- Minimum Valuation Fees - kshs.15,000 for any valuation
- Consultancy - A minimum of Kshs. 5,000 per hour where such consultancy does not involve carrying out a valuation and compilation of a valuation report and advising on the value of the property
- Travelling Expenses and disbursements - These shall be based on the costs incurred in undertaking the valuation
Property managers do the following:
- Agent for the landlord (owner)
- Prepare properties for renting
- Inspect properties before, during, and after a lease term
- Market properties
- Make properties available for prospective tenants to view
- Receive applications
- Screen applicants
- Coordinate lease signings and lease renewals
- Maintain the investment property
- Provide administrative and financial property management
- For apartments, provide on-site leasing, maintenance, and management services
- Log correspondence in the property management system
- Rental Property Management Software
- Correspond with owners and tenants
- Coordinate utility payments during the make ready process
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Take our help to reach the top level. We encourage creativity, flexibility, and innovative approaches to our work.