8.5-Acre Ocean View Plot for Sale in Msambweni (Funzi)

8.5-Acre Ocean View Plot for Sale in Msambweni (Funzi) - 1
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Price Analysis Above Market

Based on 590 similar listings

Negotiation Tips

Price is significantly above market

Suggested offer: KSh 3.05M

Potential discount up to 75%

Market Demand

High Demand

Details

Type
Mixed-use Land
Address
Funzi
Land Area
8.5
Property Use
Mixed
Type of Purchase
per Acre

8.5-Acre Ocean View Plot for Sale in Msambweni (Funzi) Highlights

  • Mixed-Use Land Potential: Mixed-use land offers flexibility for various development projects, combining residential, commercial, or even agricultural uses. This versatility can maximize investment potential and cater to diverse needs.
  • Ocean View Advantage: Properties with ocean views are highly sought after, commanding premium values due to their aesthetic appeal and potential for tourism or high-end residential development. They often offer refreshing breezes and scenic beauty.
  • Large Acreage Benefits: Purchasing land by the acre, especially in larger plots, provides ample space for extensive development, privacy, and future expansion. It can be ideal for large-scale projects or subdivision opportunities.
  • Coastal Region Investment: Coastal areas in Tanzania, like Msambweni, are experiencing growth in tourism and real estate. Investing in land here can offer long-term appreciation potential due to increasing demand for holiday homes and resorts.
  • Infrastructure Considerations: When acquiring land in developing coastal areas, it's important to assess the availability and proximity of essential utilities like water, electricity, and road access. These factors significantly impact development costs and timelines.

Description

• Expansive 8.5-acre plot offering significant development potential. • Features uninterrupted ocean views and a natural coral frontage. • Located in a prime Msambweni coastline area, specifically Funzi. • Suitable for luxury beachfront villas, a resort, or an exclusive private estate. • Clean title deed available, ready for transfer, with survey completed. • Access via a well-maintained road, connecting to main routes. • Utilities (water and electricity) are accessible in the vicinity, facilitating development. • Topography is generally flat, gently sloping towards the ocean, ideal for construction.

Compare

8.5-Acre Ocean View Plot for Sale in Msambweni (Funzi)This item
8.5-Acre Ocean View Plot for Sale in Msambweni (Funzi)
KSh 12,000,000
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8 Acre Land in Tuala
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Quarter Acre Residential Plot for Sale at Daykio Bustani
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TypeMixed-use LandMixed-use LandResidential Land
AddressFunziOngata-Kitengela RoadDaykio Bustani
Land Area8.5810000
Property UseMixedMixedResidential
Type of Purchaseper Acreper AcreOutright Price
PriceKSh 12,000,000KSh 8,850,000KSh 15,500,000