Coastal Investment Opportunity in Prime Watamu
Presenting a rare and highly attractive hospitality investment opportunity in the heart of Watamu's thriving tourism corridor. Located just 300 meters from the pristine beaches of Blue Bay, this expansive property sits on approximately 0.4 acres and features 16 one-bedroom accommodation units, a spacious 3-bedroom main residence, and a swimming pool currently at 50% completion.
Offered at 80% completion, this property provides investors with the unique advantage of customizing the final finishes while significantly reducing development costs and construction timelines. Whether envisioned as a boutique hotel, holiday apartments, Airbnb complex, wellness retreat, or private coastal resort, this development offers exceptional income-generating potential in one of Kenya's most sought-after beach destinations.
Asking Price: Kes 22.5 Million
Location Highlights
Strategically positioned near the renowned Blue Bay area of Watamu, this property enjoys proximity to some of Kenya's most celebrated coastal attractions.
Nearby amenities and attractions include:
Approximately 300 meters from the beach
Close to Blue Bay Marine Park
Easy access to Watamu town center
Near luxury resorts and boutique hotels
Surrounded by established holiday homes and tourist facilities
Convenient access to restaurants, cafes, and shopping facilities
Accessible via well-maintained roads
Approximately 25 minutes from Malindi International Airport
The Blue Bay neighborhood continues to attract both local and international visitors, creating strong year-round demand for accommodation and hospitality services.
Property Features
This impressive development has been thoughtfully planned to maximize guest comfort, operational efficiency, and investment returns.
Main Improvements
16 Spacious One-Bedroom Accommodation Units
3-Bedroom Main House
Situated on approximately 0.4 Acres
Swimming Pool (50% Completed)
Development Approximately 80% Complete
Secure Compound Layout
Ample Outdoor Space
Mature Coastal Environment
Excellent Accessibility
Development Advantages
Significant construction already completed
Reduced development timeline
Opportunity to personalize final finishes
Lower capital requirement compared to starting a new project
Flexible accommodation configuration
The property's layout is ideal for hospitality operations, providing privacy, functionality, and a welcoming resort atmosphere.
Investment Potential
Few investment opportunities in Watamu combine location, scale, and value as effectively as this development.
Revenue Opportunities
Boutique Hotel
Holiday Apartments
Airbnb Complex
Serviced Apartments
Wellness Retreat
Beach Resort
Corporate Retreat Facility
Long-Term Rental Accommodation
Why This Investment Stands Out
The tourism sector in Watamu continues to experience strong growth driven by international tourism, domestic travel, digital nomads, and increasing demand for unique accommodation experiences.
Purchasing a property that is already 80% complete offers several strategic advantages:
Faster route to operational income
Reduced construction risk
Lower development costs
Immediate equity potential
Opportunity for value addition through customized finishing
At an asking price of only kes 22.5 Million, this property represents remarkable value considering its scale, location, and future earning capacity.
Contact Mkaazi Real Estate LTD
Secure this outstanding hospitality and tourism investment opportunity before completion significantly increases its market value.
For viewing arrangements, investment analysis, and further details, contact:
+254724568989
[email protected]
