BARBOUR RAVJI REAL ESTATE focuses on selling select developments, plots and homes on the Kenyan Coast. The Kenyan Coast has two sections - North and the South. The South Coast has the five main desirable areas to invest it. These include the world famous Diani beach, Tiwi, Msambweni, Shimoni and Shimba Hills. The North Coast has six sections. These include Nyali, Vipingo, Kilifi, Watamu, Malindi and Lamu.
The Kenyan Coast has been blessed with one of the most beautiful beaches in the world. This has ensured a healthy tourist industry. The demand for land in the coastal resort towns continues to increase. The diaspora, foreign investors and Nairobi's affluent population are increasingly investing in land, ready made houses and apartments. Property developments are on the increase. The ease of access from Nairobi's airports is making it more and more desirable to invest at the coast. Doing a comparative analysis - the rental yields for holiday homes are higher than rental yields owning a city apartment. Land at the coast is limited hence it is a sound investment. The concept of the second home is also becoming popular with Nairobi's upper middle class. This means that the demand for Kenyan coastal property will continue to rise. Kenyan land laws are friendly for foreigners. Non - citizens can own leasehold land without having to form a joint partnership with a local. A 99 year lease is granted and is always renewable. One of the most attractive things about owning property in Kenya is the fact that capital gains tax is only five percent.
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Beachfront property in central Diani