Eighth Acre Residential Land for Sale in Malindi

Malindi
KShs 130,000
Residential Land
For Sale
Leasehold Title
Kilifi County
Malindi Constituency
0.125 Acres


PROPERTY DESCRIPTION

Malindi, located on Kenya's northeastern coast, is a popular coastal town known for its rich history, stunning beaches, and tourism appeal. The land in Malindi is diverse and offers various opportunities, particularly in the real estate, tourism, and agricultural sectors.

### Key Characteristics:

- **Size and Terrain:** Land in Malindi varies significantly in size, from small plots for residential homes to large tracts suitable for resorts, commercial developments, or agriculture. The terrain is generally flat or slightly undulating, with sandy soils near the coastline and more fertile, loamy soils further inland.

- **Proximity to the Coast:** Many plots in Malindi are situated close to the Indian Ocean, offering stunning sea views and direct beach access. Coastal properties are particularly desirable for tourism-related developments such as hotels, resorts, or vacation homes.

- **Infrastructure:** Malindi has a well-established infrastructure, including good road networks, an airport, and access to utilities like electricity and water. The town is connected to the main highway leading to Mombasa and Lamu, making it easily accessible.

- **Land Use:** The land in Malindi is versatile, with zoning for residential, commercial, agricultural, and tourism purposes. The tourism industry heavily influences land use, with many properties being developed into resorts, holiday homes, and guesthouses. There is also land suitable for agriculture, particularly for growing tropical fruits, coconut, and cashew nuts.

- **Environmental Features:** Malindi is known for its beautiful beaches, coral reefs, and marine parks, which add to the appeal of coastal properties. The inland areas offer lush landscapes with a mix of natural vegetation and cultivated land.

- **Real Estate Market:** The real estate market in Malindi is dynamic, with high demand for beachfront properties and land for tourism development. Property prices can vary widely depending on location, proximity to the coast, and intended use. Coastal properties tend to be more expensive, while land further inland is more affordable and ideal for agricultural or residential purposes.

Overall, land in Malindi offers excellent opportunities for investment, particularly in the tourism and real estate sectors, making it an attractive option for developers and investors looking to capitalize on the area's natural beauty and growing popularity.

PROPERTY FEATURES

  • Water
  • Ready Title Deeds
  • Electricity
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POSTED BY

Magdalene realtor

Posted on: 18-Sep-2024

Updated on: 18-Sep-2024


Magdalene realtor has been an active member since, 19-Aug-2024 and has 7 listed properties.

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