Top 5 Most Prestigious Beach Estates in Mombasa. A report by real estate company Knight Frank revealed the top locations where Kenyans are seeking beachfront houses at the Coast. As detailed in the report released on Thursday, May 16, Nyali Estate was listed as the most lucrative destination for Kenyans looking for beach houses. Here are the top five most prestigious beach estates in Mombasa:
1. Nyali Estate
Location: Mombasa County
Price of Unimproved Property: Ksh 120 million per acre
Nyali Estate stands out as the most sought-after destination for beach houses in Mombasa. The price of an unimproved house in Nyali is pegged at Ksh 120 million, which is three times higher than other beach estates. This places Nyali Beach homes in the same price range as prime properties in Nairobi, where prices typically range from Ksh 50 million to Ksh 200 million per acre. Nyali offers luxury, convenience, and prime beachfront locations, making it a top choice for high-end buyers.
2. Diani Beach
Location: Kwale County
Price of Unimproved Property: Ksh 40 million per acre
Diani Beach, located in Kwale County, is famous for its pristine white sands and vibrant tourism activities. The price of unimproved one-acre beachfront properties in Diani is estimated at Ksh 40 million. This estate is known for its stunning natural beauty and luxurious resorts, making it a prime destination for those seeking an upscale coastal lifestyle.
3. Watamu
Location: Kilifi County
Price of Unimproved Property: Ksh 40 million per acre
Watamu, situated in Kilifi County, is another top location for expensive beach houses. Like Diani, the price of unimproved one-acre beachfront properties in Watamu is also estimated at Ksh 40 million. Watamu is renowned for its marine parks, crystal-clear waters, and serene environment, attracting both local and international buyers looking for exclusive beachfront properties.
4. Kikambala Beach
Location: Near Nyali Beach, Mombasa County
Price of Unimproved Property: Ksh 30 million per acre
Kikambala Beach, located near Nyali Beach, offers slightly more affordable beachfront properties. The price of similar property at Kikambala Beach is estimated to be Ksh 30 million per acre. This beach estate is known for its tranquil environment and proximity to the amenities of Nyali, making it an attractive option for buyers seeking a balance between luxury and affordability.
5. Galu Kinondo Beach
Location: South of Ukunda and Diani Beach
Price of Unimproved Property: Ksh 25 million per acre
Galu Kinondo Beach, just south of Ukunda and Diani Beach, is projected to have beachfront properties selling at Ksh 25 million per acre. This estate offers a serene and less crowded alternative to the bustling Diani Beach, providing a peaceful and exclusive environment for property owners.
Market Trends and Projections
According to Knight Frank, the Coast remains a stable market with frequent opportunities for stunning properties and locations. The sales data indicates that affordability increases as buyers consider locations further from major towns, often resulting in more favorable pricing compared to prime, central locations.
Mombasa is projected to become a leading destination for multi-millionaires in the coming years. A separate report by Henley and Partners attributes this projection to the rise of eco-estates at the Coast, which incorporate natural elements such as forests, enhancing the appeal of coastal properties.
Conclusion
The top five most prestigious beach estates in Mombasa, as highlighted by Knight Frank, showcase the diverse options available for high-end beachfront properties. From the luxurious Nyali Estate to the serene Galu Kinondo Beach, these estates offer a range of prices and amenities to suit different preferences and budgets. As the market continues to grow, Mombasa remains a prime destination for beachfront investments, attracting both local and international buyers.
