Serviced 10 Bed Apartment with En Suite at Mtwapa Cbd

🏗️ Modern Apartment Block for Sale – Mtwapa, Kilifi County Title No: Mainland North/III/11841 💰 Price Ksh 14,000,000 Approx. USD 108,527 (Exchange Rate: Ksh 129 = 1 USD) ⸻ 📍 Property Overview Prime investment opportunity in the fast-growing coastal town of Mtwapa, approximately 283 metres from the Mombasa–Malindi Highway and close to Mtwapa Town Centre. This partially completed modern apartment complex sits on: • 0.0988 Acres • 0.04 Hectares • Approx. 4,304 sq. ft. of land The development has approved 5-floor architectural plans, with County Government and NEMA approvals in place — ideal for rental apartments or Airbnb investment. 🔗 Photos: /hNY1wyKfctnEJqhq5 ⸻ 🏗️ Construction & Development Details Construction Status: Approx. 60% Complete Completed Works • Substructure & superstructure (Ground & First Floor) • Reinforced concrete roof slab • Ground floor fully plastered (inside & outside) • First floor structure complete (not yet plastered) • Partial electrical conduits & plumbing piping installed Pending Works • Upper floor plastering • Internal finishes • Fixtures & fittings Approved plans allow two additional floors, increasing development capacity significantly. ⸻ 🛏️ Accommodation Breakdown (Current Structure) Ground Floor • 1 Three-room apartment (2 bathrooms) • 1 One-room apartment (1 bathroom) First Floor • 5 One-room apartments (each with private bathroom) Current Totals • 7 Apartments • 9 Bedrooms Expansion Potential Approved plans allow 10 additional apartments, bringing the total potential to: ✅ 17 Units Upon Completion ⸻ 📐 Built-Up Area • Approx. 4,835.15 sq. ft. built-up area ⸻ 🏡 Key Property Features • ✅ Freehold Title (Registered – Mombasa Lands Registry) • ✅ County & NEMA Approved Plans • ✅ On-site Borehole • ✅ Mains Electricity Connected • ✅ Septic Tank & Soak Pit • ✅ 50m from Tarmac Road (Murram Access Road) • ✅ Coral Stone Perimeter Wall • ✅ Double Metal Gate • ✅ Spacious Parking Area • ✅ Vacant Possession ⸻ 🌍 Location & Investment Outlook Situated in a quiet residential neighbourhood characterized by modern apartments and private homes. Close to: • Mtwapa Town Centre • Schools • Hospitals • Shopping Centres • Public Transport Mtwapa continues to experience strong growth driven by: • Tourism • Infrastructure development • Rising demand for affordable coastal housing • High rental and Airbnb demand ⸻ 🔑 Investment Highlights • Prime coastal location near highway • 5-floor approved development • 60% completed structure • 7 existing units with expansion to 17 • Strong rental yield potential • Excellent capital appreciation opportunity • Ideal for developers or investors seeking a near-finished project ⸻ 💰 Asking Price Ksh 14,000,000 Approx. USD 108,527 📞 Serious inquiries only. Ready documents available.