Commercial Land 100x100ft in Kilifi Tezo

Commercial Land 100x100ft in Kilifi Tezo - 1
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Price Analysis Fair Price

Based on 590 similar listings

Market Demand

High Demand

Details

Type
Commercial Land
Title
Customary Ownership
Address
Tezo
Land Area
1
Facilities
Electric Supply, Water Supply
Listing by
Owner
Access Road
Paved Road
Property Use
Commercial
Type of Purchase
per Plot
Development Status
Fully Developed

Commercial Land 100x100ft in Kilifi Tezo Highlights

  • Commercial Land Use: Commercial land is zoned for business activities, offering opportunities for retail, offices, or industrial development. Its value is often tied to location and accessibility.
  • Customary Ownership: Customary ownership, or 'hati miliki ya kimila', is a common form of land tenure in Tanzania, recognized by local communities. It provides rights to use and occupy the land, often passed down through generations.
  • Paved Road Access: Properties with paved road access generally benefit from easier transportation of goods and people, reduced vehicle wear and tear, and improved property value compared to those with unpaved access.
  • Essential Utilities Available: Access to essential utilities like electricity and water supply is crucial for any commercial development. These facilities significantly reduce initial setup costs and operational challenges.
  • Fully Developed Status: A fully developed plot typically means that basic infrastructure, such as utility connections and sometimes initial groundwork, has already been established, making it ready for immediate construction or use.

Description

• 100x100 ft (approx. 929 sqm) commercial plot located directly on tarmac road in Tezo, Kilifi. • Genuine freehold title deed available, ensuring clear ownership and straightforward transfer. • Zoned for commercial development, suitable for guesthouse, holiday home, or other commercial ventures. • Located directly on a paved tarmac road, providing excellent accessibility and visibility. • Essential utilities like electric supply and water supply are available at the property boundary. • The surrounding area is developing, offering potential for long-term investment appreciation. • Property is fully developed, indicating surrounding infrastructure is in place.

Compare

Commercial Land 100x100ft in Kilifi TezoThis item
Commercial Land 100x100ft in Kilifi Tezo
KSh 5,000,000
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TypeCommercial LandMixed-use LandMixed-use Land
FacilitiesElectric Supply, Water SupplyDomestic Sewage, Electric Supply, Rain Water Drainge, Water Supply
TitleCustomary OwnershipLease Agreement
AddressTezo74Nairobi
Land Area10.125
Listing byOwnerOwner
Access RoadPaved RoadGravel Road
Property UseCommercialMixedMixed
Type of Purchaseper PlotOutright PriceOutright Price
Development StatusFully DevelopedFully Developed
PriceKSh 5,000,000KSh 3,800,000KSh 4,300,000