Malindi Mayungu area 01 Malindi (Malindi, Coast, KE - 234) Built

KES157,500,000 KES

Nairobi Real Estates Limited

Nairobi Real Estates Limited Nairobi Real Estates Limited 0725884003 (Office) 0725884003 (Cell) Request More Info

  • Good for SACCO/Developments
  • Type: Lots and Land
  • Style: Lot / Land
  • Lot Type: Rectangular
  • Lot Size: 45 acres

Description

45 Acres Land for Sale in Malindi - 200 metres to the Ocean. This Malindi real estate investment opportunity is close to the ocean. The property is a few minutes drive to Casuarina and is ripe for an estate development or sub-division into plots for residential use. Sub-divided plots in the neighbourhood are selling at Kes 2.5m for the 1/8 acre plot.

This development land can also be used for a holiday resort, a hotel a sporting area. The property is along the Malindi Mayungu road which is set to be tarmacked soon. This will greatly improve the value of all the properties on the Malindi Mayungu road.

Features
- The land shape is rectangular
- Foundation is mostly coral

Services
- Easy access of Electricity
- Easy access of piped Water

Malindi properties for sale in Kenya North coast, suitable for holiday homes, a resort, or development of gated communities. This property is also ideal for those looking to bank land for future development or future release of their capital as it will keep on appreciating year after year.

A Real Estate investment opportunity in Kenya North Coast.

The video of Malindi property for sale on Mayungu road

https://youtu.be/PprMwA3OB_M

Attachments

P2#211319700
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Information is deemed to be correct but not guaranteed.