The upcoming Dongo Kundu Bypass in Kwale County is set to rapidly increase the steadfast development of luxury resorts in the South Coast region.
One of these developments is the Sheheena Marina, set to be the tallest building in Mombasa County with 23 storeys, housing four-bedroom exquisite apartments. Located on a prime site off Nyali Bridge, Sheheena Marina overlooks the Tudor Creek and the
Indian Ocean, and has grand windows that offer breath-taking views of the ocean. It is close to Nakumatt Nyali and the famous Tamarind Restaurant. Located in the heart of Mombasa city, restaurants, markets and bazaars are just minutes away. The
development is being marketed by leading Kenyan realtor, Villa Care Limited.
According to the realtor’s managing director, Daniel Ojijo, there is a great need for housing among the upper middle class, who have finer taste, are very discerning and crave convenience and
“Developers have responded to the rising foreign investor interest in the Coast region over the past few years, coupled with the increasing number of local high net-worth individuals seeking to
buy luxurious homes in prime areas of the city,” he added.
The increasing interest in the Coast by expatriates, diplomatic staff, and international clientele has also driven property developers to build houses that fit in with the stature of this new clientele.
Over the last few years, Kenya has been a stable economy growing by the day, and this has seen the value of high-end properties growing by 20-25 per cent per year.
Also, developments in the South Coast have seen rapid growth with the recent commissioning of two new ferries that are being built in Turkey for use in the Likoni channel to join the island and
the South Coast mainland.