Nairobi, Nov. 9 -- A five-acre parcel in the Maasai Mara is on sale for $5.5 million (about Sh728 million), while a property in Lamu is priced at €3.5 million (Sh519.5 million). In a property market where most transactions are conducted in Kenyan shillings, such foreign currency price tags are becoming increasingly common.

A review of property listings on realtor Knight Frank's website reveals a growing number of land parcels quoted in dollars and euros, signalling a shift in how sellers are positioning their properties to attract international buyers.

Published by HT Digital Content Services with permission from Business Daily....