Frequently Asked Questions
Medical properties in Kilifi typically offer ROI between 8-15% annually, depending on location and property type. Clinics average 8-12%, while larger hospitals can achieve up to 15% ROI through a combination of rental income and property appreciation.
Kilifi County requires healthcare facilities to be zoned as commercial properties. Specific regulations govern aspects like parking ratios (minimum 1 space per consultation room), waste disposal systems, and accessibility features. Always verify zoning compliance before purchase.
Medical professionals usually prefer longer leases of 3-5 years minimum due to the significant investment required in fitting out clinical spaces. Many agreements include annual rent escalations of 5-7% and tenant responsibility for interior maintenance.
Prime locations near major roads or population centers command higher values (up to Ksh 25,000 per sq ft) due to better visibility and accessibility. Proximity to complementary services like pharmacies or diagnostic centers also enhances value.
Essential features include: reliable three-phase electricity (minimum), backup generators, proper ventilation systems, adequate plumbing for multiple bathrooms/sterilization areas, reinforced flooring for heavy equipment, and often separate entry/exit flows.