Magarini in Kilifi County presents exceptional opportunities for property investors looking to capitalize on the growing coastal real estate market. With its pristine beaches and proximity to major tourism hubs, this area offers properties with strong rental income potential and steady capital appreciation.
The Magarini property market has shown consistent growth, particularly for beachfront and near-beach properties. Current price ranges vary based on proximity to the ocean and property size:
Property Type | Price Range (Ksh) | Rental Yield Potential |
---|---|---|
Beachfront Villas | 25M - 80M | 8-12% |
Inland Family Homes | 8M - 20M | 6-9% |
Vacation Rental Properties | 15M - 45M | 10-15% (seasonal) |
The most sought-after locations for investment properties include: