30. Jan, 05:16
Ad ID 5888533
KSh 12,000,000

Land in Mtwapa

Kilifi Coast
Details
Amenities
  • Bus Stop
  • Hospital
  • Scenic View
  • School
  • Sea View
Description

The 1 acre Kanamai 3rd Row Beach plot is a fantastic investment opportunity with numerous advantages and potential for various developments venture s and here is why this property is a must-buy for a serious investors:

Property Features:

Freehold Title Deed: Having a freehold title deed provides you with full ownership rights and flexibility to develop the property as you wish.

Perimeter Wall: The presence of a perimeter wall adds security and privacy to the property, ensuring that it is well-protected.

Utilities Connected: Water and electricity mains are already connected, which significantly reduces the hassle and cost of setting up these essential services.

Excellent Access Road: The property enjoys easy access via an excellent road, making transportation and commuting convenient for residents and visitors.

Proximity to the Beach: The property is only a 7-minute stroll away from the beach, allowing residents to enjoy the beauty of the coastline at their leisure.

High-End Neighborhood: Surrounding the property are prestigious five-star beach resorts like Salama Beach Resort and Spa, Kanamai Conference Hall, Likizo Homes and Cottages, Sun and Sandy Beach Resort, North Coast Resort Kanamai, and Royal Reserve Beach Resort, creating a luxurious and exclusive atmosphere.

Access to Mtwapa: The vibrant city of Mtwapa is just a 10-minute drive away, offering various amenities, entertainment options, and economic opportunities.

Close to Major Highway: The property is conveniently located just 3 minutes' drive from the dual carriageway Mombasa-Malindi highway at Majengo Kanamai, providing easy access to major transportation routes.

Economic Activity and Tourism:
Mtwapa and Kanamai are known for their thriving tourism activities and economic opportunities:

Tourism: Mtwapa is a popular tourist destination known for its beautiful beaches, vibrant nightlife, water sports, and cultural attractions. Visitors flock to the area throughout the year, creating a steady stream of income for businesses in the hospitality and entertainment sectors.

Hospitality Industry: The presence of high-end beach resorts and hotels in the vicinity of the property indicates a strong demand for accommodation and entertainment services. This presents an excellent opportunity for resort development or high-end residential beach villa projects.

Investment Potential: Given the growth in tourism and the development of upscale neighborhoods, the property offers an attractive investment opportunity. Its proximity to established resorts and convenient access to Mtwapa make it even more appealing.

Development Versatility: Whether you're considering resort development, high-end residential beach villas, or luxury homes, this property provides the versatility to cater to different investment strategies.

Additional Assets:
The property's additional assets, such as the farm house, complete borehole, and soldier's one-bedroom house, further enhance its value and potential for various uses.

Pricing and Negotiation:
At a listing price of Kshs 12 million, this property offers an attractive entry point for investors. With room for slight negotiations, it provides flexibility for buyers to make a reasonable offer based on their vision and investment plans.

In summary, the 1 acre Kanamai 3rd Row Beach plot presents a unique opportunity for investors looking to capitalize on the growing tourism industry in Mtwapa and Kanamai. Its prime location, infrastructure, surrounding amenities, and development potential make it a must-buy property in the area. Whether you're interested in tourism, hospitality, or high-end residential projects, this property has the potential to yield substantial returns on investment.

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Ezekiel
Member Since 18. Sep '21
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