Diani Beach Road Development Land - 5 Acres

Diani Beach Road Development Land - 5 Acres - 1
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Price Analysis Above Market

Based on 2040 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Customary Ownership
Address
Diani Beach Road
Land Area
5
Facilities
Car Parking, Domestic Sewage, Electric Supply, Rain Water Drainge
Listing by
Agent
Access Road
Paved Road
Property Use
Mixed
Type of Purchase
per Acre
Development Status
Cleared

Diani Beach Road Development Land - 5 Acres Highlights

  • Prime Beachfront Location: Coastal land offers direct access to beaches, often featuring scenic views and proximity to recreational activities. This type of property is highly sought after for its lifestyle and investment potential.
  • Mixed-Use Development Potential: Mixed-use land allows for a combination of residential, commercial, or tourism-related developments. This flexibility can maximize the property's value and utility.
  • Established Infrastructure: Properties with existing utilities like electric supply and domestic sewage are ready for development. Access via paved roads ensures ease of transport and construction.
  • Cleared Land Ready for Building: Cleared land means the site is prepared for construction, saving time and costs associated with site preparation. This allows for immediate project initiation.
  • Customary Ownership Considerations: Customary ownership is a common land tenure system in many regions. Buyers should understand the specific rights and responsibilities associated with this type of title.

Description

• Prime 5-acre parcel located on the 2nd row of Diani Beach Road, offering high visibility for commercial ventures and private retreat potential. • Flat, usable land ideal for a high-density apartment complex, boutique resort, mixed-use hub, or gated community. • Direct access to Diani Beach Road, ensuring excellent connectivity and accessibility. • Utilities available at the boundary, including electric supply, domestic sewage, and rainwater drainage systems. • Paved access road facilitates easy transportation and logistics. • Cleared development status allows for immediate project commencement. • Customary ownership title deed.

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TypeMixed-use LandCommercial LandResidential Land
FacilitiesCar Parking, Domestic Sewage, Electric Supply, Rain Water DraingeDomestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply—
TitleCustomary OwnershipLease Agreement—
AddressDiani Beach RoadEPZ oppositeSuswa
Land Area510015
Listing byAgentAgentAgent
Access RoadPaved RoadPaved Road—
Property UseMixedCommercialResidential
Type of Purchaseper AcreOutright PriceOutright Price
Development StatusClearedFenced—
PriceKSh 18,500,000KSh 13,000,000KSh 21,000,000