Residential complexes with gardens, swimming pools, private beaches and round-the-clock service are often of interest to foreign investors who want to receive income from their rental.
The season in this country lasts almost all year round, investors’ income from renting out apartments reaches eleven percent per year, while individual houses bring their owners half as much.
One of the residential complexes in Malindi is located on a two-hectare territory. It includes two chic restaurants with a panoramic view of the ocean, five high-quality swimming pools, a wellness center with whirlpool baths and other types of services. Exclusively all apartments are “stuffed” with the necessary equipment for life and everyday life and are fully furnished.
The rental income from such a complex with its occupancy of fifty percent will be no less than 8.1% per year and 28% with its one hundred percent occupancy. In general, the cost of objects here is much lower than in European resorts.
For example, from 500,000 dollars on the ocean shore between Mombasa and Malindi, a luxurious villa is offered, this house was built in the mid-90s, its finish sparkles with polished best African wood species. The building has a dining and living area, 4 bedrooms, a cooking room (20 m2), a spacious library. The building is surrounded by a forty-meter balcony, from which you can view the hills, the yacht club and the Kilifi Bay itself. Also on the site itself there is a swimming pool, a garden, a room for service personnel and a garage.