New Study: 6 Reasons Why You Should Invest in Mtwapa Today.
It’s no longer a secret that real estate has proved to be the best option when it comes to long term investment and wealth creation.
In Kenya, the real estate sector contributes a significant chunk of the Kenyan total GDP of 8.3%. The real estate industry has shown great growth, now being recognized as a major economic part.
Property investment in fast-growing towns of Kenya is a gold mine, earning investors high returns quickly than investments located in other towns.
Among the towns that have shown the best real estate value in the coastal region are Mtwapa, Bamburi, Utange, Kiembeni among others.
A recent study by the Coastal Real Estate Watch has handpicked Mtwapa among the best, setting the pace for the others.
The following some of the reasons that have seen Mtwapa town transformation:
1. Improved Amenities
The government of Kilifi has made efforts to improve the infrastructure by constructing access roads, markets etc making its key towns investment havens.
From the newly constructed Mtwapa market, renovated hospitals, jumbo ruins tarmac access roads to several cabro access roads making the town a hotspot.
2. Affordable plots
One of Mtwapa’s special features is its fairly valued properties and even affordable neighborhoods.
This is a very attractive feature since most of the lands in satellite locations are overvalued.
This allows most of the buyers to make rational decisions and guarantee that they won’t be paying more for less.
3. Close to service hubs
Mtwapa town is favoured to have several malls within its proximity.
With the Mtwapa mall housing supermarkets like Quick Mart and others, Mtwapa residents don’t have to travel out of the town to search for services such as banking, home shopping, insurance, medical attention and many more.
Not only do the residents have service hubs close but also have education centres with international schools
4. Proximity to CBD.
Mtwapa town is only 14km from Mombasa CBD by road. You’ll mostly use the new Mombasa Malindi highway from the Mombasa CBD.
This means that anyone that works in Mombasa CBD or Bamburi will not have to worry about commuting to their workplaces.
5. Water
Water in Mtwapa happens to be less salty for those who would want to drill boreholes. The whole of Mtwapa has the least of alkaline levels. This means that if you are thinking of setting up rentals in the area, you will benefit greatly since most prospects prefer less alkaline home water.
6. Value-added plots
Unlike locations that have bare plots with no value, it is surprising to find out that most if not every plot in Mtwapa have electricity and water connected. This means that a buyer will not be required to pay extra fees to install these necessities.
Learn more about Mtwapa here https://en.m.wikivoyage.org/wiki/Mtwapa
For more information about property (plot, houses or farms) in Mtwapa, you can find us on Google business, follow us on all social media handles as “Edgestone Real Estate” where we have affordable properties for sale, renting and leasing. For more information email us on edgestonerealty@gmail.com or call us on +254743606131