Land in Mtwapa Town

Land in Mtwapa Town - 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 77%

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Customary Ownership
Address
Behind posta mtwapa
Land Area
5000
Access Road
Paved Road
Property Use
Mixed
Type of Purchase
Outright Price
Development Status
Undeveloped

Land in Mtwapa Town Highlights

  • Mixed-use Land Potential: Mixed-use land offers flexibility for various developments, combining residential, commercial, or industrial purposes. This versatility can maximize investment returns and cater to diverse community needs.
  • Customary Ownership: Customary ownership in Tanzania is based on traditional laws and practices, often recognized by local authorities. It grants rights to use and occupy land, though formal titles may require additional processes.
  • Undeveloped Land: Undeveloped land provides a blank canvas for new construction, allowing buyers to design and build according to their specific vision and requirements. It often comes at a lower initial cost compared to developed plots.
  • Paved Road Access: Properties with paved road access benefit from easier and more reliable transportation, reducing travel time and vehicle wear. This also enhances accessibility for construction materials and utility installations.
  • Outright Purchase: An outright purchase involves a single, full payment for the property, granting immediate and complete ownership. This method avoids ongoing interest payments and simplifies the ownership transfer process.

Description

• 5000 square feet mixed-use plot with customary ownership title. • Located behind Posta Mtwapa, in a well-developed area with high-rise apartments and hotels. • Power connection available at the boundary, facilitating development. • Features a boundary wall, providing initial security and demarcation. • Access via a paved road, ensuring easy and all-weather accessibility. • The plot is currently undeveloped, offering a blank canvas for various projects. • Suitable for mixed-use development, aligning with the surrounding commercial and residential growth.

Compare

Land in Mtwapa TownThis item
Land in Mtwapa Town
KSh 13,000,000
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KSh 15,500,000
Quarter Acre for Sale at Infinity - Ruai - by Fredrick
Quarter Acre for Sale at Infinity - Ruai - by Fredrick
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TypeMixed-use LandResidential LandCommercial Land
TitleCustomary OwnershipCustomary OwnershipCustomary Ownership
AddressBehind posta mtwapaDaykio BustaniInfinity
Land Area50001000010000
Access RoadPaved RoadPaved RoadPaved Road
Property UseMixedResidentialCommercial
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusUndevelopedUndevelopedUndeveloped
PriceKSh 13,000,000KSh 15,500,000KSh 10,000,000

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