Land in Mtwapa

The 6 prime plots of 50 by 100 (1/8) acre each, located within the Central Business District (CBD) of Mtwapa, offer a unique and lucrative real estate opportunity. Here's a detailed description of these properties and their surrounding area: Property Description: Size and Configuration: Each of the 6 plots is 50 by 100 feet, which is equivalent to 1/8 of an acre. This size provides ample space for various development options. Development: The properties are developed with townhomes, which not only serve as potential residences but also offer investment opportunities. These townhomes come complete with a swimming pool, adding to their appeal and value. Mature Garden: A fully mature garden surrounds the properties, enhancing their aesthetics and creating a serene environment for residents and guests. Security: A perimeter wall surrounds the properties, ensuring security and privacy for the residents. Proximity to Beach: One of the standout features of these properties is their location, just a 5-minute stroll from the renowned Copacabana Beach in Mtwapa. This proximity to the beach makes them highly attractive to tourists and those seeking a coastal lifestyle. Access to Transportation: The properties are also conveniently located just a 5-minute walk from the Mombasa-Malindi dual carriageway, providing easy access to transportation and connecting you to major cities and attractions in the region. Social Amenities: Within a short walking distance, you'll find various social amenities, including schools, hospitals, malls, and refreshment joints. This accessibility makes these properties suitable for both residents and tourists. Development Opportunities: The plots present a range of development possibilities: High-Rise Residential Apartments: Given their location within the CBD, these plots are ideal for constructing high-rise residential apartments to cater to the growing housing demand in Mtwapa. Gated Villas: The mature garden and townhome design make these plots suitable for creating an exclusive gated villa community, appealing to those seeking a more private and upscale living experience. Resort Development: Mtwapa is a popular tourist destination, and the proximity to Copacabana Beach makes these plots an excellent choice for resort development, catering to both local and international tourists. Economic Activity and Tourism in Mtwapa: Mtwapa is a vibrant coastal town with a thriving economy, largely driven by tourism and related activities. Some key aspects of the economic landscape in Mtwapa include: Tourism: Mtwapa is a well-known tourist destination known for its beautiful beaches, water sports, and vibrant nightlife. Tourists flock to the area throughout the year, creating opportunities for businesses in hospitality, entertainment, and tourism-related services. Nightlife: The town has a bustling nightlife scene with numerous bars, clubs, and restaurants. It's a popular spot for both locals and tourists looking for entertainment and relaxation. Fishing Industry: Due to its coastal location, Mtwapa also has a significant fishing industry, providing a source of livelihood for many residents and a source of fresh seafood for the local market. Trade and Commerce: Mtwapa serves as a trading hub for the region, with various markets and shops catering to the needs of both residents and tourists. Healthcare in the Area: The presence of hospitals and healthcare facilities in Mtwapa ensures that residents and visitors have access to medical services. This is crucial for the well-being of the community and adds to the attractiveness of the area. Pricing and Investment Opportunity: The price of Ksh 26 million for all 6 plots, including the townhouse, represents an attractive investment opportunity, especially given the prime location and development potential. It's indeed a compelling deal for investors looking to capitalize on the growing demand for real estate in Mtwapa. In summary, these prime plots in Mtwapa offer a unique blend of coastal living, investment potential, and proximity to essential amenities, making them a must-buy property for those interested in the vibrant and economically active town of Mtwapa.