Real estate guys in the house… why has this area attracted so much interest over the recent past? What is the selling point… I mean these plots are not even anywhere close to the beach, which can be great selling point for upcountry folks. Is it price? If so, I think there are many plots in many other counties (machakos, nanyuki, nakuru, eldoret…) also priced similarly…
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Following… Siwes mind to cobble up a seasonal pigsty huko for raiding kienyeji thereabouts
Nasoma coast. Mimi hupita hizo areas. See some serious work going on
Watu bloti maguta , maguta doing a great job sellling to gullible ppl … on the flipside centum has a huge interest in vipingo they currently have 2 ongoing major projects.
Huko hakuna value for money in the long-term. Vipingo kulikua kwa wazungu, then Chris Kirubi akakuwa na tamaa. Kenya haina population inaeza support mji wa raha kama huko Egypt ama countries zengine. After miaka kumi watu wataregret mbona walieka pesa yao kwa kokoto na simiti na chuma vipingo.
When a person has property bringing him losses, he develops it for sale to middle class hypocrites, halafu anajitoa pole pole bila wao kujua.
Rent, don’t buy
@sani this was my impression too. Looks like investment in holiday homes…but most Kenyans would rather go to the beach (or the Mara) for that for a brief period and the get back to work-Nairobi. If it is retirement homes, a lot of folks just retire where they’ve built in Nairobi or shags…
Hapa inakaa mwosho mmoja, look at that jaribu kujenga you will find the real owners.
Vipingo area was formally plantation land for sisal farming… Vile mafuko ilikunywa maji, the land became available for sale…
Since in Kenya it is next to impossible to get a first row beach property, at a reasonable rate, the next best thing is having property with a proximity to beach or having a sea view at a reasonable altitude above ground… So those are two strong unique KSPs in my view…
There is talk of developing a “city” in the area including a sea port. As a key economic activity generator… Coastal counties also have a blue print for a blue economy that may feature development of special economic zones in the region…which may create demand for housing or property in the future.
There is also the Ronald Ngala Utalii college/University under construction already in Vipingo…
So for sure, there are big things coming in the area… I would invest in the area if for no other reason, for the holiday destination holiday homestay property… more and more people are preferring to stay in residences as opposed to hotels…
Shamba za Coast ziukuwa na makesi.
You are buying hype.
Problems started in the 16th century when the coast was being ruled by the sultan of zanzibar who dished coastal lands to his omani arabs (who were the local rulers) who still today are the absentee landlords.
Coast ina maneno.
[SIZE=5]Absentee Landlords Reject NLC Proposal To Sell Property[/SIZE]
Absentee landlords have rejected a proposal by the National Land Commission (NLC) to sell the property to its current tenants.
[COLOR=rgb(226, 80, 65)]The descendants of former Coast rulers, most of who live in Oman are opposed to valuation rates by the NLC which set the plots value at between Sh400,000 and Sh500,000.
The tenants have been paying rent for the land for decades.
[COLOR=rgb(226, 80, 65)]The landlords whose ancestors were allocated the land for free by the Sultanate of Zanzibar along the 10-mile coastal strip before British colonial rule want to sell the plots to the tenants at between Sh4 million and Sh9 million.
[COLOR=rgb(226, 80, 65)]Oman sultans ruled the Kenyan Coast from Oman and Zanzibar for close to three centuries before the British came in. British colonialists maintained the status quo after taking over.
The latest development has put the Government’s plan to end the long-standing dispute in jeopardy.
The differences between the landlords and the tenants came to the fore in 2017 when the landlords increased the ground rents to about Sh11,000 per month up from about Sh1000.
According to the chairman of the Mwembekuku Welfare Association (MWA), Abdulahi Farah, landlords rejection of the NLC valuation report issued in February this year has triggered a wave of panic among the tenants who now fear they might be evicted.
The MWA secretary, Juma Buyshenga said tenants were being harassed by agents of the landlords and appealed to the Government to intervene.
The NLC came up with the valuation rates after the landlords threatened to sell the plots to other buyers and kick out more than 20,000 families who have been tenants for decades.
In Mombasa, other areas facing a similar problem are Bondeni, Sparki, Majengo Sidiria, Sargoi, Guraya, Kiziwi and Ziwani villages. Other affected areas are Kilifi, Malindi and Lamu.
In February, the then NLC boss, Muhammad Swazuri said the new land valuation was meant to facilitate the sale of the plots to residents and end a long-running dispute between landowners and tenants.
He said in cases of absentee landlords, the plots would be gazetted as public land and allocated to their current occupiers.
This is one of the reason centum is building a city similar to tatu city there so u can wait n buy when it is done or take a calculated investor chance n buy n wait FYI it will be affordable city with industrial park n all