22. Jul, 09:30
Ad ID 5923293
KSh 240,000,000

Land in Mtwapa

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

This 7-acre prime property in Mtwapa, situated right on the Mtwapa Creek's first row, offers a unique and attractive real estate opportunity. It features an exceptional location that provides stunning views of both the main ocean and the creek side, as well as a panoramic perspective of the Serena area. Located adjacent to the renowned Mtwapa La-Marina restaurant and the best seafood restaurant on the coast, this property is strategically positioned for various business and investment possibilities.

Key Property Features:

Scenic Location: The property is perfectly positioned with unobstructed views of the ocean and the creek, offering breathtaking scenery that will captivate residents and visitors alike.

Vegetation and Tranquility: The land is adorned with a lush forest of indigenous trees, creating a cool and tranquil environment that provides peace and relaxation for its occupants.

Security: The property is equipped with security check barriers, ensuring a high level of safety for the residents and their investments.

Residential Buildings: The main house on the property offers 3 bedrooms, and there are two servant quarters, one with 2 bedrooms and the other with 1 bedroom. In addition to these, there are extra houses that are currently generating rental income, making it an attractive investment.

Serene Environment: Surrounded by mature trees and with its position overlooking the creek and ocean, the property offers a serene and peaceful ambiance.

Privacy and Security: The entire property is fully fenced with barbed wire to ensure privacy and security, making it a safe and secure place to live or invest in.

Versatile Investment: The 7-acre parcel offers immense potential for various investment ventures, including the development of a hotel, hospital, apartments, school, or the subdivision of plots for future development.

Freehold Property: The property is a freehold, which means you have full ownership and control over it.

Price: The property is available for purchase with a negotiable price tag of Ksh 240 million for the entire 7-acre parcel.

Economic Activity and Tourism in Mtwapa:

Mtwapa is a popular destination on the Kenyan coast and is known for its vibrant tourism industry. Here are some economic activities, particularly in tourism, that thrive in Mtwapa:

Hospitality Industry: Mtwapa boasts a wide range of hotels, resorts, and vacation rentals that cater to both local and international tourists. The property's potential for a hotel could tap into this flourishing industry.

Water Sports: The area's proximity to the ocean and the creek makes it an ideal location for water-based activities such as snorkeling, diving, fishing, and boat tours.

Cultural and Entertainment Tourism: Mtwapa is known for its lively nightlife, with numerous bars, clubs, and restaurants. The La-Marina restaurant and the best seafood restaurant nearby are indicative of the culinary tourism experiences in the area.

Beach Tourism: The beautiful beaches in Mtwapa attract sunbathers, swimmers, and beach lovers, making it a hub for beachfront properties and activities.

Investment Opportunities: Mtwapa's growing popularity as a tourist destination presents various investment opportunities, including real estate development, tour and travel agencies, and souvenir shops.

In conclusion, this 7-acre Creek Beach property in Mtwapa is not only a unique and scenic piece of real estate but also an attractive investment opportunity, given the thriving tourism industry in the region. Its versatile nature makes it suitable for a range of investment ventures, and the property's strategic location ensures its value and potential for income generation.

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Ezekiel
Member Since 18. Sep '21
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