Prime 2-Acre Land along Casuarina Road, Malindi – Ksh 25,000,000 (Whole Plot) Unlock an exceptional investment in Malindi’s premier Casuarina area. This 2-acre parcel (sold only as a whole) is strategically positioned among upscale resorts and private villas—offering undeniable prestige and high capital appreciation potential. Whether you’re a residential developer, investor, or commercial user, this land delivers on all fronts. ?? Key Highlights Size & Pricing: 2 acres total • Sold as a single parcel Ksh 12,500,000 per acre ? Ksh 25,000,000 total Below-market value: comparable Casuarina plots trade at Ksh 9–10 M/acre Unbeatable Location: 4-minute walk to Casuarina Road 7-minute drive to Malindi town center (banks, supermarkets, cafés) 3–5 minutes to pristine sandy beaches—ideal for holiday?maker rentals Development & Investment Potential: Residential Developer’s Dream: Subdivide for a gated villa community targeting middle-upper-class professionals and retirees Investor’s Goldmine: Hold as a land bank or launch a boutique eco-resort/hotel—current tourism growth in Malindi exceeds 20 % annually Commercial Use: Ample space for conference retreat, wellness center, or high-end retail cluster Infrastructure & Amenities: Established electric, water, and telecom networks running along Casuarina Road Proximity to schools , medical clinics, and international airports (20-minute drive to Malindi Airport) Low-density zoning already in place—streamlined approvals for residential/commercial builds ?? Comparative Market Insight Market Rates: Similar 1-acre plots in Casuarina are currently listed at Ksh 13–15 M/acre . Appreciation Trend: Casuarina land values have risen ~15 % year-on-year over the past two years . Value Proposition: At Ksh 12.5 M/acre, you’re acquiring well below replacement cost—maximizing your ROI immediately upon acquisition. ?? Why This Works for You Residential Developers: Tap into Kenya’s expanding middle-upper-class market seeking pristine gated communities. Design bespoke villas or townhouses for professionals relocating from Nairobi or Mombasa. Investors: Capitalize on strong holiday-rental income streams; upscale resorts nearby consistently report >70 % occupancy. Significant land-banking opportunity as Malindi continues to grow as a year-round tourist hub. Commercial Ventures: Launch a boutique lodge, spa retreat, or wellness center to cater to both international tourists and Kenyan staycationers. Visibility on Casuarina Road ensures easy drive-by traffic and brand exposure.
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