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160,000.00 EUR House Sell Kenya, Abarat

Property Attributes

  • ReferencesMP1
  • Price160,000.00 EUR
  • LocationKenya, Abarat
  • Address
  • Part of cityNot specified
  • StatusSell
  • TypeHouse
  • Floor size0.0
  • Rooms0
  • HeatingExcellent
  • ConditionExcellent


  • Cable TV
  • Internet
  • Size
  • Parking space


Medina Palms provides an exclusive opportunity to invest in Kenya’s first five star beachfront eco tourism resort with world class 'tag and release' marlin fishing on the doorstep and Big Game safaris around two hours away.Kenya, famous for its natural beauty, incredible scenery and abundance of rare and amazing wildlife, has long been a favourite holiday destination. The country is located on the Equator and consists of the most diverse terrain, from snow capped mountains and arid deserts to the stunning Indian Ocean coastline.Medina Palms is a secure development located in the Caribbean-style year-round recreational village location of Watamu, where there is a resident English speaking community. This Indian Ocean coastline offers world class sport fishing, kite surfing, windsurfing, superb sailing, snorkeling, scuba diving, and a host of other sporting opportunities e.g. mountain biking and horse riding in local rainforest.
The world class water sports, as well as Watamu’s close proximity to superb wildlife Safaris just 2 hours away, draw tourists to the area from all around the region as well from the UK, USA, South Africa and Asia, giving Watamu a 42-week rental season that will delight investors. There has traditionally been an under-supply of quality accommodation to rent on this, Kenya’s finest beach – which is why this unique location was selected.Kenya enjoys a wonderful tropical climate. The average annual temperatures in this region of the Indian Ocean coastline are around 29°C/84°F. In general, weather at the coast is warm and tropical. This ideally reverses the cold European winters, since at this time Watamu is sunny with warm coastal waters.Those who are choosing to purchase for their own use will be wowed by the five star quality of Medina Palms’ facilities – including a wellness/fitness centre, restaurant and rooftop ‘chill out’ bar –Watamu’s relaxed beachside ambience, with several informal yet refined hotel bars and restaurants, as well as surprisingly spacious (minimum 100 sq m/1,076 sq ft one-bedroom apartments) homes for sale. You simply get more space for your money compared with most European developments.Medina Palms comprises just 50 (20 already sold) apartments and villas to be built in one phase only, ensuring the minimum of disturbance for owners. Completion is due mid-2011.Medina Palms features•    An exclusive roof top restaurant and ‘chill out’ bar with ocean views•    Mediterranean-style café and a resort delicatessen•    Wellness centre to pamper the body and soul  •    World Class water sports centre and kite surfing school•    Spacious landscaped gardens, including a tranquil medina courtyard•    Four cascading swimming pools with children’s swimming pool•    24-hour security•    Eco-friendly properties with future-proofed technologies•    Serviced lifestyle with full housekeeping facilities and private chef options•    Wi-fi facilities•    Fully managed rental program with long rental season & limited competition•    Concierge service to book wildlife safaris and sport fishing
Key location features•    First luxury coastal eco-development in Kenya•    Superb beachfront location on the Indian Ocean with 7.5kms of powder white sand•    Great investment opportunity in an emerging real estate market•    Excellent climate – daily year-round average 29C/84F•    Long season for optimum use – 42 weeks' rental potential•    Only 20 minutes from local airport for international connections•    World-class sport fishing, Big Game Safaris close by•    Daily International flights from the UK with Virgin Atlantic - approx 8 hours' flying time•    Charter airlines fly to Mombassa and Nairobi from the UK, Germany and SwitzerlandInvestment features•    Security for your money as your deposit and stage payments are held in ESCROW•    Capital values have increased locally by an estimated 20% per annum in the last 5 years•    8% gross rental yield forecast•    Staged payments and only a 5% deposit, which is fully refundable within 28 days•    No Capital Gains Tax in Kenya•    Early Purchase Discount•    Kenya GDP forecast to grow 3.4% in 2009 (The Economist)Easy Payment Plan•    5% deposit, which is fully refundable within 28 days•    15% at exchange•    20% on completion of ground floor slab•    20% on completion of first floor slab•    35% on completion of the unit•    5% on completion of the siteProfessional accreditation• Excellent kite mark•    Born Free Foundation•    Eco Tourism Kenya•    ATTAPress CoverageMedina Palms has been featured in:•    The Sunday Times•    The Daily Express•    The Sunday Business Post in Ireland•    The Sunday Times in Ireland•    A Place in the Sun magazine•    Homes Overseas magazine•    International home, style and water sports magazines
Following Terms & Conditions Apply•    Available for one person during July and August 2009*•    Fully refundable Return Economy International Flights to Nairobi (can be upgraded at own expense)•    Fully refundable Return Internal Flights to Malindi Airport and transfers to Watamu (20 minutes by car)•    Fully refundable 1 Night Half Board Accommodation in Watamu (to be arranged by our agent in Watamu – your stay can be extended at additional cost to yourself)•    Wild life safari and marlin fishing or water sports can be organised if your visit is extended.•    Site visit and tour of beach location•    FREE dinner at Watamu’s top restaurant•    Personalised itineraryTO QUALIFY PLEASE NOTE:The costs for flights/transfers and accommodation are fully refundable upon signing both: a) Reservation Letter (5% deposit payable) b) Exchange Contract (15% balance payment due within 28 days) NOTE - A guest may join you on the inspection visit at your expense. Their costs will NOT be reimbursed. *Offer Closes 31st August 09.WHAT you SHOULD DO NOWSimply click on the 'make an enquiry' button below or above, complete your details and we'll contact you immediately to discuss your investment requirements.

Property keys:
Five star luxury eco-friendly properties
Stunning beachfront location
World class marlin fishing and safaris
Forecast 8% gross rental yield
Staged payments and refundable 5% deposit (ESCROW)
Restaurant and wellness centre

Additional features:
Chain Free
Reduced Price
Chain Free
Reduced Price
Residential Letting
Low Deposit
Capital Growth
High Yield
Fully Managed
Fully Furnished
Tourist Letting
Swimming Pool
Eco Home
Air Conditioning


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