This archive report was first published on 3 October 2019.
Denver Properties Revolutionizes Rental Market in Kenya ¶
Denver Properties, a rental listing real estate platform, has transformed house hunting in Nairobi and its environs by providing a variety of verified rental properties and vetting real estate agents.
Founded in 2018 in Nairobi, Denver Properties aims to enhance trust and professionalism in the rental real estate market. The company applies the concept of AirBnB in Kenya, popular among Nairobians looking for safe, secure, and quiet places to settle.
Denver Properties targets both the upper and middle class, focusing on all Nairobi estates with a high percentage of clientele. The company also assists persons visiting the country for business or pleasure, providing reliable information on the best areas and rental properties.
Since its inception, Denver Properties has received positive feedback from customers and property owners. The company provides competitive advertising rates and undertakes due diligence before approving listings on its platform, ensuring clients are not duped by malicious property or house agents.
“One of our landlords gave us six referrals just because we managed his property in a professional manner and kept our word as per our agreement,” says Mr. Murimi, the director of Denver Properties.
Denver Properties identifies properties that match client expectations and has people on the ground who research houses. Referrals by property owners also work best for the company, helping to maintain quality and consistency.
“If you want to go to Mombasa, for example, we have cottages or holiday homes listed on our platform where you can stay with your family instead of going to a hotel which lacks privacy,” explains the CEO.
Denver Properties has brought professionalism, transparency, and trust to the rental real estate market in Kenya. Its niche is the rental market, and the strength lies in knowing the target market and providing what clients desire.
“With Rental listings and advertisement, for example, we have people on the ground who visit sites to ensure they match our standards and authenticate them,” says the CEO.
Denver Properties advises young upcoming entrepreneurs to focus on providing a service or product that people need, rather than being hindered by capital or market saturation.