Diani Beach is often hailed as Kenya’s crown jewel of coastal tourism vibrant, sun-kissed, and bustling with activity. Yet, beneath the postcard-perfect sunsets and thriving beachfront hotels lies a surprising paradox: alongside booming resorts and lively restaurants, there are numerous abandoned hotels and buildings that give off an eerie, ghost-town vibe. This stark contrast between success and...
Buying a coastal property in Kenya sounds like a dream come true—sun, sea, and serene surroundings. But for many, especially foreign investors, the journey to owning that slice of paradise isn’t always straightforward. Legal complexities surrounding property ownership can make the process feel like navigating a maze, and without proper guidance, it can lead to costly mistakes. Why Coastal Property...
Owning a home by the coast is a dream for many imagine waking up to ocean views, feeling the sea breeze, and enjoying endless beach days. But while coastal properties offer undeniable beauty and lifestyle perks, they also come with unique environmental risks that can affect their long-term value and safety. The Growing Threat of Coastal Erosion Coastal erosion is nature’s slow but steady reclaiming...
Owning a home by the beach sounds like a dream endless ocean views, fresh sea breeze, and that relaxing coastal vibe. But beneath this idyllic lifestyle lies a reality many coastal homeowners often overlook: maintenance costs. Salt air and humidity are relentless forces that accelerate wear and tear, making regular upkeep not just a choice, but a necessity. Why Salt Air and Humidity Are Tough on Coastal...
Kenya’s coastline is more than just a scenic escape , it’s a hotspot for investment, especially when it comes to rental income from beachfront properties. Locations like Diani, Nyali, Malindi, and Watamu have become magnets for both local and international tourists, creating a thriving market for short-term and holiday rentals. Why Coastal Properties Attract Renters The allure of the beach, sun,...
Picture this: waking up every day to the gentle sound of waves crashing, stepping out onto your terrace with an endless ocean view, and feeling the stress of everyday life melt away. Owning a beach home isn’t just about the stunning scenery it’s about investing in your well-being and your future. Take The Turquoise Watamu on Kenya’s coast as a perfect example of how a beach property can transform...
Kenya’s coastline is a sun-soaked stretch of paradise, and for many real estate investors, the idea of owning a slice of beach heaven is irresistible. From Diani’s powder-white sands to Malindi’s rich Swahili charm, coastal property is turning heads and emptying wallets. But is investing in a beach property all sea breeze and big returns? Let’s weigh the pros and cons before you take the...
If you’ve been dreaming of owning a home in Kenya, the Kenya Mortgage Refinance Company (KMRC) is changing the game. With mortgage rates rising elsewhere, KMRC offers a more affordable way to finance your home, making homeownership a real possibility for many Kenyans. How KMRC Makes Mortgages More Affordable Unlike traditional mortgage lenders that charge higher interest rates, KMRC works with banks,...
A buyer-leaning market, also referred to as a buyer’s market, is a phase in the real estate cycle where the market conditions tend to favor buyers over sellers. In such a scenario, there is typically an oversupply of properties compared to the number of active buyers. This shift gives buyers more power in negotiations, better pricing options, and a wider variety of properties to choose from. Key...
In recent years, Kenya has made notable strides in attempting to improve access to homeownership, especially for low- and middle-income earners. Government-led programs such as the Affordable Housing Programme (AHP) and mortgage subsidies through institutions like the Kenya Mortgage Refinance Company (KMRC) were designed to make home loans more attainable. Despite these efforts, a significant portion...