Looking for real estate for sale in Malindi, Kenya? This historic coastal town is fast becoming a top destination for buyers seeking affordable luxury, unspoiled beaches, and high-return vacation investments. From oceanfront villas to titled plots and gated community homes, Malindi offers a growing selection of properties perfect for retirees, diaspora buyers, and rental investors.
With prices still lower than Diani or Mombasa and strong demand from eco-tourists, now is a smart time to invest in Malindi’s real estate market.
Top Properties for Sale in Malindi (2025)
1. Beachfront Villas in Shella & Garoda
Luxury homes with private pools, ocean views, and full title deeds.
- Size: 3–6 bedrooms
- Features: Solar power, backup water, security, landscaped gardens
- Price Range: KSh 50 million – KSh 200 million+
- Ideal For: Permanent living, vacation homes, or high-end rentals
2. Serviced Plots in Mwandamu & Seme
Ready-to-build, titled plots in secure, master-planned estates.
- Size: 50x100ft, 100x100ft, or 1 acre+
- Features: Water, electricity, drainage, perimeter fencing
- Price Range: KSh 8 million – KSh 25 million per acre
- Ideal For: Custom builds, long-term land investment, eco-homes
3. Renovated Swahili-Style Homes in Malindi Town
Historic charm meets modern comfort.
- Features: Coral stone walls, carved wooden doors, inner courtyards
- Price Range: KSh 20 million – KSh 60 million
- Ideal For: Boutique guesthouses, cultural retreats, or family homes
4. Gated Community Apartments & Houses
Secure estates with 24/7 security, shared amenities, and management.
- Examples: Malindi Palms, Coral Shores Estate, Ocean View Heights
- Units: 2–3 bedroom apartments or detached homes
- Price Range: KSh 30 million – KSh 70 million
- Ideal For: Investors, remote workers, and retirees
5. Affordable Homes Near Town Center
Budget-friendly options for first-time buyers or rental investors.
- Size: 1–2 bedrooms
- Price Range: KSh 8 million – KSh 18 million
- Features: Close to shops, hospitals, and transport
Why Buy Real Estate in Malindi?
✅ Affordable Beachfront Access – Get more space and ocean proximity for less than in Diani or Mombasa
✅ High Rental Demand – Vacation homes earn KSh 80,000–200,000/month during peak season (Dec–Mar)
✅ Titled & Legal Properties – Most new developments offer individual title deeds and are approved by Malindi County
✅ Peaceful Lifestyle – Less crowded, lower crime, and strong expat community
✅ Eco-Tourism Hub – Proximity to Watamu, Arabuko Sokoke, and marine parks boosts tourism appeal
How to Buy Real Estate in Malindi
- Choose Your Location – Decide between beachfront, gated estate, or affordable town access.
- Work with a Licensed Agent – Use ISK-registered agents for verified listings.
- Conduct Due Diligence – Hire an LSK advocate to verify title, check for caveats, and confirm beach access.
- Make an Offer & Pay Deposit – Typically 10–20% via M-Pesa or bank transfer.
- Complete Transfer – Sign sale agreement, pay balance, and register the title in your name.
Many sellers offer flexible payment plans (e.g., 24–36 months) for buyers who don’t qualify for mortgages.
Investment Outlook
- Price Growth: 7–10% annual appreciation expected in prime zones
- Infrastructure: A14 road upgrades improving access from Mombasa (3-hour drive)
- Digital Sales: Live tours, WhatsApp bookings, and e-payments now standard
- Sustainability Trend: Rising demand for solar-powered, eco-friendly homes
Malindi is no longer just a quiet coastal town—it’s a rising star in Kenya’s real estate market.
FAQs
Q: What is the average price of a beachfront home in Malindi?
A: A 3-bedroom beachfront villa ranges from KSh 50 million to KSh 150 million, depending on size, location, and finishes.
Q: Are plots in Malindi titled?
A: Yes, most new developments in Shella, Mwandamu, and Seme offer individual title deeds. Always verify with a lawyer.
Q: Can I buy property in Malindi and rent it out?
A: Yes—many owners earn strong rental income from tourists, especially December to March. Property management services are available locally.
