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Mombasa Kenya Real Estate

Mombasa, Kenya’s coastal hub and second-largest city, is a prime destination for real estate investment, offering a mix of luxury living, tourism-driven rentals, and affordable housing. With its tropical climate, deep-sea port, and growing tourism sector, Mombasa’s property market is gaining momentum in 2025—especially in Nyali, Bamburi, Shanzu, and Likoni.

Whether you’re seeking a vacation home, rental investment, or permanent residence, Mombasa delivers strong value and lifestyle appeal.


Top Real Estate Locations in Mombasa

1. Nyali
The most prestigious residential area, known for:

  • Gated communities and high-end apartments
  • Proximity to top schools, malls (City Mall), and hospitals
  • Strong demand from expats, business owners, and returning diaspora
  • Average Prices:
    • 3-Bed Apartment: KSh 25M–50M
    • 4-Bed House: KSh 60M–150M+

2. Bamburi & Shanzu
Coastal neighborhoods popular for:

  • Beachfront plots and holiday homes
  • High rental demand during tourist season
  • Emerging affordable housing projects
  • Plot Prices: KSh 3M–10M (50x100ft) with title deeds

Ideal for investors targeting short-term lets and vacation rentals.

3. Likoni & Kizingo
Affordable and strategic areas with rising interest due to:

  • Proximity to the Likoni Floating Bridge and Dongo Kundu Bypass
  • Lower entry prices compared to Nyali
  • Government plans for urban renewal
  • Apartment Prices: KSh 8M–18M (1–2 bedrooms)

4. Mtwapa & Kizingo Corridor
Fast-growing zones with mixed-use developments:

  • New gated estates and commercial strips
  • Popular with young professionals and entrepreneurs
  • Rental Yields: 6–8% annually for apartments

Types of Properties Available

1-2 Bedroom ApartmentKSh 8M–20MNyali, Bamburi, Mtwapa
3+ Bedroom HouseKSh 35M–150M+Nyali, Shanzu, Kizingo
Beachfront VillaKSh 80M–500M+Nyali, Bamburi, Diani extension
Serviced Plot (50x100ft)KSh 3M–9MBamburi, Shanzu, Kizingo
Commercial Space (Shop/Office)KSh 120K–500K/month rentMoi Avenue, City Centre, Nyali

Why Invest in Mombasa Real Estate?

Tourism-Driven Rentals
High demand from tourists and business travelers—especially during December–February. Well-managed apartments yield KSh 80,000–150,000/month in peak season.

Dongo Kundu Bypass & Port Expansion
Improved connectivity to Lamu Port, Jomo Kenyatta Highway, and the Mombasa-Nairobi Expressway is boosting land value in industrial and residential corridors.

Affordable Entry Points
Compared to Nairobi, Mombasa offers lower prices with similar lifestyle benefits—ideal for first-time investors.

Diaspora Appeal
Many Kenyans abroad buy in Mombasa for retirement, family use, or rental income—often using WhatsApp, Zoom, and M-Pesa for remote transactions.

Title Security Improving
Most new developments offer individual title deeds, and the Ministry of Lands is digitizing records via Ardhisasa.


Investment Risks & Tips

⚠️ Verify Ownership: Avoid land in protected or government-reserved areas. Always conduct due diligence with a licensed advocate.
⚠️ Flood Zones: Some areas like Tudor and Nyali North face seasonal flooding—check drainage and elevation.
⚠️ Leasehold Expiry: Older properties may have expiring leases (e.g., 99-year government leases). Confirm remaining term.

Tips for Buyers

  • Focus on title-assured, county-approved projects
  • Use ISK-licensed agents and LSK advocates
  • Consider property management firms for rental oversight

Market Outlook 2025

  • Price Growth: 6–9% annual appreciation in Nyali and Bamburi
  • Rental Demand: Strong in 2–3 bedroom apartments near beaches and business districts
  • New Developments: Mixed-use towers, gated communities, and eco-lodges in pipeline
  • Infrastructure Boost: Dongo Kundu Bypass completion is opening up previously inaccessible areas

Mombasa is no longer just a holiday destination—it’s a serious real estate market with long-term growth potential.


FAQs

Q: What is the average price of a house in Mombasa in 2025?
A: A 3-bedroom house ranges from KSh 35 million in Likoni to KSh 150 million in Nyali, depending on location and condition.

Q: Can foreigners buy property in Mombasa?
A: Yes, on leasehold (up to 99 years). Many buy through local companies to access long-term leases and rental opportunities.

Q: Is Mombasa real estate a good investment?
A: Yes—especially for beachfront or near-amenity properties. With tourism, port growth, and infrastructure upgrades, Mombasa offers solid capital appreciation and rental income.

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