An exceptional 5-acre property for sale in Watamu, near Jumbo Hotel, offering a rare combination of substantial landholding and an existing 2-bedroom house. Priced at KES 225 Million, this property presents an excellent opportunity for investors, developers, or buyers seeking a sizeable coastal holding in one of Watamuβs sought-after areas.
π Location Highlights
Located near Jumbo Hotel in Watamu, the property benefits from its position within the wider Watamu coastal destination, known for its tourism, residential developments, hospitality establishments, and growing property market.
The generous 5-acre size provides considerable flexibility for a variety of potential uses, subject to applicable planning and approvals.
π Property Features
Land Size: 5 Acres
Existing House: 2 Bedrooms
Location: Near Jumbo Hotel, Watamu
Asking Price: KES 225 Million
Status: For Sale
ποΈ Lifestyle & Coastal Appeal
The property offers the opportunity to enjoy the distinctive coastal lifestyle of Watamu while having a substantial amount of land at your disposal. The existing 2-bedroom house provides accommodation on the property while allowing the new owner to consider future improvements or development according to their plans.
πΌ Investment Potential
A 5-acre holding in Watamu provides significant development potential due to the scale of the property. It could appeal to investors considering a larger coastal project, private retreat, hospitality concept, residential development, or long-term land investment, subject to zoning, planning regulations, and approvals.
The existing house adds immediate functionality to the property while preserving the opportunity to explore the property's wider potential.
π Why Choose Watamu?
Watamu is one of Kenyaβs prominent coastal destinations, attracting residential buyers, holidaymakers, investors, and hospitality businesses. Its established tourism environment and continued interest in coastal property make sizeable parcels particularly noteworthy.
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Key Selling Points
Prime Watamu location near Jumbo Hotel
Substantial 5-acre landholding
Existing 2-bedroom house
Suitable for various potential development concepts
Excellent opportunity for a major coastal investment
Asking price: KES 225 Million
π For Enquiries & Viewing
Contact TUSKYE PROPERTIES for more information, property details, and viewing arrangements.
TUSKYE PROPERTIES
π +254 799 895 045
π +254 819 394 42
π§ info@tuskyeproperties.com
π tuskyeproperties.com