3,200 ft² Land at Mtwapa

Prime 40 × 80 Ft Plot for Sale – Mtwapa CBD 📍 Location: Mtwapa CBD, Kilifi County – Kenya Located in the heart of Mtwapa, this prime plot enjoys unmatched convenience: • Only 200 meters from the New Mombasa–Malindi Highway • Just 100 meters off the Old Mombasa–Malindi Highway • Near the well-known Lambada Resort • Excellent cabro road access • Fully serviced neighborhood with water, electricity, sewer, schools, hospitals & shopping centers within walking distance ⸻ 📐 Plot Size • 40 × 80 feet • Total: 3,200 square feet • Equivalent to approximately 297 square meters (sqm) A very ideal size for residential apartments, Airbnb units, or a commercial development in a high-demand CBD zone. ⸻ 💰 Asking Price • Ksh 7,000,000 • Approximately USD 54,000 – 55,000 (depending on exchange rate) A competitively priced CBD plot considering its strategic positioning and development potential. ⸻ 🌴 Why Invest in Mtwapa? Mtwapa is one of Kenya’s most vibrant coastal towns, driven by tourism and rapid urban growth. 🌊 Tourism Highlights • Proximity to Mtwapa Creek (boat rides, fishing, water sports) • Easy access to North Coast beaches • Deep-sea fishing excursions • Thriving hospitality industry • International restaurants & vibrant nightlife • Strong expatriate and tourist presence year-round ⸻ 🏗️ Ideal Investment Options 1️⃣ Apartment Development • Bedsitters, 1-bedroom or 2-bedroom units • Strong monthly rental income from locals and expatriates • High-demand Airbnb location 2️⃣ Airbnb / Holiday Homes • Furnished studio apartments targeting tourists • Excellent short-term rental returns 3️⃣ Commercial Units • Ground floor shops with residential units above • Offices, beauty spa, mini-mart, or restaurant 4️⃣ Mixed-Use Development • Combine retail and residential for diversified income ⸻ ⭐ Why This Property is Highly Recommended ✅ Prime CBD location ✅ Dual highway access ✅ High rental demand ✅ Fast-growing commercial zone ✅ Ready infrastructure ✅ Strong capital appreciation potential ⸻ 🔥 Investment Outlook With land becoming increasingly scarce in Mtwapa CBD and tourism driving demand for rental spaces, this 297 sqm plot offers an excellent opportunity for both steady rental income and long-term capital growth. A smart and strategic investment at Ksh 7M — highly recommended for serious investors looking to tap into the thriving Coastal real estate market. 🌴📈