Investment Properties for Sale in Malindi, Kilifi

High-yield real estate opportunities in Malindi's prime locations

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Furnished 4bdrm Villa in Shella for sale - Image 1 Furnished 4bdrm Villa in Shella for sale - Image 2 Furnished 4bdrm Villa in Shella for sale - Image 3 Furnished 4bdrm Villa in Shella for sale - Image 4 Furnished 4bdrm Villa in Shella for sale - Image 5 Furnished 4bdrm Villa in Shella for sale - Image 6 Furnished 4bdrm Villa in Shella for sale - Image 7
7

KES 35,000,000

Furnished 4bdrm Villa in Shella for sale

Shella / Malindi, Malindi, Kilifi

4 beds 300.00 sqm
Swimming Pool Parking Built-in Wardrobes
Furnished 3bdrm Villa in Malindi for sale - Image 1 Furnished 3bdrm Villa in Malindi for sale - Image 2 Furnished 3bdrm Villa in Malindi for sale - Image 3 Furnished 3bdrm Villa in Malindi for sale - Image 4 Furnished 3bdrm Villa in Malindi for sale - Image 5 Furnished 3bdrm Villa in Malindi for sale - Image 6
6

KES 18,000,000

Furnished 3bdrm Villa in Malindi for sale

Malindi, Kilifi

3 beds 3 toilets 1,026.00 sqm
Parking En-suite Bathroom Parking
Furnished 1bdrm Villa in Malindi Town for sale - Image 1 Furnished 1bdrm Villa in Malindi Town for sale - Image 2 Furnished 1bdrm Villa in Malindi Town for sale - Image 3 Furnished 1bdrm Villa in Malindi Town for sale - Image 4 Furnished 1bdrm Villa in Malindi Town for sale - Image 5 Furnished 1bdrm Villa in Malindi Town for sale - Image 6 Furnished 1bdrm Villa in Malindi Town for sale - Image 7 Furnished 1bdrm Villa in Malindi Town for sale - Image 8 Furnished 1bdrm Villa in Malindi Town for sale - Image 9 Furnished 1bdrm Villa in Malindi Town for sale - Image 10 Furnished 1bdrm Villa in Malindi Town for sale - Image 11 Furnished 1bdrm Villa in Malindi Town for sale - Image 12 Furnished 1bdrm Villa in Malindi Town for sale - Image 13 Furnished 1bdrm Villa in Malindi Town for sale - Image 14 Furnished 1bdrm Villa in Malindi Town for sale - Image 15
15

KES 8,000,000

Furnished 1bdrm Villa in Malindi Town for sale

Town Centre, Malindi, Kilifi

1 beds 1 toilets 86.00 sqm
Gym/Fitness Center Swimming Pool Spa & Sauna
2bdrm Bungalow in Malindi for sale - Image 1 2bdrm Bungalow in Malindi for sale - Image 2 2bdrm Bungalow in Malindi for sale - Image 3 2bdrm Bungalow in Malindi for sale - Image 4 2bdrm Bungalow in Malindi for sale - Image 5
5

KES 1,500,000

2bdrm Bungalow in Malindi for sale

Malindi, Kilifi

2 beds 1 toilets 50.00 sqm
Modern Kitchen 24/7 Security Gated Community
4bdrm Maisonette in Watamu, Malindi for sale - Image 1 4bdrm Maisonette in Watamu, Malindi for sale - Image 2 4bdrm Maisonette in Watamu, Malindi for sale - Image 3 4bdrm Maisonette in Watamu, Malindi for sale - Image 4 4bdrm Maisonette in Watamu, Malindi for sale - Image 5 4bdrm Maisonette in Watamu, Malindi for sale - Image 6 4bdrm Maisonette in Watamu, Malindi for sale - Image 7 4bdrm Maisonette in Watamu, Malindi for sale - Image 8 4bdrm Maisonette in Watamu, Malindi for sale - Image 9
9

KES 55,000,000

4bdrm Maisonette in Watamu, Malindi for sale

Malindi, Kilifi

4 beds 4 baths 4 toilets
3bdrm House in Malindi for sale - Image 1 3bdrm House in Malindi for sale - Image 2 3bdrm House in Malindi for sale - Image 3 3bdrm House in Malindi for sale - Image 4 3bdrm House in Malindi for sale - Image 5 3bdrm House in Malindi for sale - Image 6 3bdrm House in Malindi for sale - Image 7 3bdrm House in Malindi for sale - Image 8 3bdrm House in Malindi for sale - Image 9 3bdrm House in Malindi for sale - Image 10 3bdrm House in Malindi for sale - Image 11
11

KES 38,000,000

3bdrm House in Malindi for sale

Malindi, Kilifi

3 beds 4 toilets 4,094.00 sqm
Furnished 9bdrm Villa in Malindi for sale - Image 1 Furnished 9bdrm Villa in Malindi for sale - Image 2 Furnished 9bdrm Villa in Malindi for sale - Image 3 Furnished 9bdrm Villa in Malindi for sale - Image 4 Furnished 9bdrm Villa in Malindi for sale - Image 5 Furnished 9bdrm Villa in Malindi for sale - Image 6 Furnished 9bdrm Villa in Malindi for sale - Image 7 Furnished 9bdrm Villa in Malindi for sale - Image 8 Furnished 9bdrm Villa in Malindi for sale - Image 9 Furnished 9bdrm Villa in Malindi for sale - Image 10
10

KES 50,000,000

Furnished 9bdrm Villa in Malindi for sale

Malindi, Kilifi

9 beds 2,024.00 sqm
Parking 24/7 Security Gated Community
Furnished 3bdrm House in Malindi for sale - Image 1 Furnished 3bdrm House in Malindi for sale - Image 2 Furnished 3bdrm House in Malindi for sale - Image 3 Furnished 3bdrm House in Malindi for sale - Image 4 Furnished 3bdrm House in Malindi for sale - Image 5 Furnished 3bdrm House in Malindi for sale - Image 6
6

KES 23,000,000

Furnished 3bdrm House in Malindi for sale

Malindi, Kilifi

3 beds 1,012.00 sqm
Parking 24/7 Security Gated Community
Furnished 3bdrm Villa in Casuarina Drive, for sale - Image 1 Furnished 3bdrm Villa in Casuarina Drive, for sale - Image 2 Furnished 3bdrm Villa in Casuarina Drive, for sale - Image 3 Furnished 3bdrm Villa in Casuarina Drive, for sale - Image 4 Furnished 3bdrm Villa in Casuarina Drive, for sale - Image 5 Furnished 3bdrm Villa in Casuarina Drive, for sale - Image 6 Furnished 3bdrm Villa in Casuarina Drive, for sale - Image 7 Furnished 3bdrm Villa in Casuarina Drive, for sale - Image 8 Furnished 3bdrm Villa in Casuarina Drive, for sale - Image 9
9

KES 14,000,000

Furnished 3bdrm Villa in Casuarina Drive, for sale

Malindi, Kilifi

3 beds 350.00 sqm
Parking Backup Power Modern Kitchen
3bdrm Villa in Malindi for sale - Image 1 3bdrm Villa in Malindi for sale - Image 2 3bdrm Villa in Malindi for sale - Image 3 3bdrm Villa in Malindi for sale - Image 4 3bdrm Villa in Malindi for sale - Image 5 3bdrm Villa in Malindi for sale - Image 6 3bdrm Villa in Malindi for sale - Image 7 3bdrm Villa in Malindi for sale - Image 8 3bdrm Villa in Malindi for sale - Image 9 3bdrm Villa in Malindi for sale - Image 10 3bdrm Villa in Malindi for sale - Image 11 3bdrm Villa in Malindi for sale - Image 12 3bdrm Villa in Malindi for sale - Image 13 3bdrm Villa in Malindi for sale - Image 14 3bdrm Villa in Malindi for sale - Image 15
15

KES 38,000,000

3bdrm Villa in Malindi for sale

Malindi, Kilifi

3 beds 3 toilets 250.00 sqm
1bdrm Apartment in Malind, Malindi for sale - Image 1 1bdrm Apartment in Malind, Malindi for sale - Image 2 1bdrm Apartment in Malind, Malindi for sale - Image 3 1bdrm Apartment in Malind, Malindi for sale - Image 4 1bdrm Apartment in Malind, Malindi for sale - Image 5 1bdrm Apartment in Malind, Malindi for sale - Image 6 1bdrm Apartment in Malind, Malindi for sale - Image 7 1bdrm Apartment in Malind, Malindi for sale - Image 8 1bdrm Apartment in Malind, Malindi for sale - Image 9 1bdrm Apartment in Malind, Malindi for sale - Image 10 1bdrm Apartment in Malind, Malindi for sale - Image 11 1bdrm Apartment in Malind, Malindi for sale - Image 12 1bdrm Apartment in Malind, Malindi for sale - Image 13
13

KES 6,000,000

1bdrm Apartment in Malind, Malindi for sale

Malindi, Kilifi

1 beds 250.00 sqm
Swimming Pool Backup Power Balcony
Furnished 2bdrm House in Malindi for sale - Image 1 Furnished 2bdrm House in Malindi for sale - Image 2 Furnished 2bdrm House in Malindi for sale - Image 3 Furnished 2bdrm House in Malindi for sale - Image 4 Furnished 2bdrm House in Malindi for sale - Image 5 Furnished 2bdrm House in Malindi for sale - Image 6 Furnished 2bdrm House in Malindi for sale - Image 7 Furnished 2bdrm House in Malindi for sale - Image 8
8

KES 9,000,000

Furnished 2bdrm House in Malindi for sale

Malindi, Kilifi

2 beds 2 baths 2 toilets
24/7 Security Gated Community
Furnished 4bdrm Villa in Malindi for sale - Image 1 Furnished 4bdrm Villa in Malindi for sale - Image 2 Furnished 4bdrm Villa in Malindi for sale - Image 3 Furnished 4bdrm Villa in Malindi for sale - Image 4 Furnished 4bdrm Villa in Malindi for sale - Image 5 Furnished 4bdrm Villa in Malindi for sale - Image 6 Furnished 4bdrm Villa in Malindi for sale - Image 7 Furnished 4bdrm Villa in Malindi for sale - Image 8 Furnished 4bdrm Villa in Malindi for sale - Image 9 Furnished 4bdrm Villa in Malindi for sale - Image 10 Furnished 4bdrm Villa in Malindi for sale - Image 11
11

KES 40,000,000

Furnished 4bdrm Villa in Malindi for sale

Malindi, Kilifi

4 beds 4 toilets 4,046.00 sqm
Parking En-suite Bathroom Gated Community
Furnished 4bdrm Villa in Malindi for sale - Image 1 Furnished 4bdrm Villa in Malindi for sale - Image 2 Furnished 4bdrm Villa in Malindi for sale - Image 3 Furnished 4bdrm Villa in Malindi for sale - Image 4 Furnished 4bdrm Villa in Malindi for sale - Image 5 Furnished 4bdrm Villa in Malindi for sale - Image 6 Furnished 4bdrm Villa in Malindi for sale - Image 7 Furnished 4bdrm Villa in Malindi for sale - Image 8
8

KES 38,000,000

Furnished 4bdrm Villa in Malindi for sale

Malindi, Kilifi

4 beds 3,000.00 sqm
Swimming Pool Backup Power Borehole
Furnished 4bdrm Villa in Malindi for Sale - Image 1 Furnished 4bdrm Villa in Malindi for Sale - Image 2 Furnished 4bdrm Villa in Malindi for Sale - Image 3 Furnished 4bdrm Villa in Malindi for Sale - Image 4 Furnished 4bdrm Villa in Malindi for Sale - Image 5 Furnished 4bdrm Villa in Malindi for Sale - Image 6 Furnished 4bdrm Villa in Malindi for Sale - Image 7 Furnished 4bdrm Villa in Malindi for Sale - Image 8
8

KES 20,000,000

Furnished 4bdrm Villa in Malindi for Sale

Malindi, Kilifi

4 beds 4,000.00 sqm
Swimming Pool Backup Power Modern Kitchen
2bdrm Bungalow in Casurina, Malindi for sale - Image 1 2bdrm Bungalow in Casurina, Malindi for sale - Image 2 2bdrm Bungalow in Casurina, Malindi for sale - Image 3 2bdrm Bungalow in Casurina, Malindi for sale - Image 4 2bdrm Bungalow in Casurina, Malindi for sale - Image 5 2bdrm Bungalow in Casurina, Malindi for sale - Image 6 2bdrm Bungalow in Casurina, Malindi for sale - Image 7 2bdrm Bungalow in Casurina, Malindi for sale - Image 8
8

KES 7,500,000

2bdrm Bungalow in Casurina, Malindi for sale

Malindi, Kilifi

2 beds 1,200.00 sqm
Parking Modern Kitchen 24/7 Security
Furnished 4bdrm House in Malindi for sale - Image 1 Furnished 4bdrm House in Malindi for sale - Image 2 Furnished 4bdrm House in Malindi for sale - Image 3 Furnished 4bdrm House in Malindi for sale - Image 4 Furnished 4bdrm House in Malindi for sale - Image 5 Furnished 4bdrm House in Malindi for sale - Image 6 Furnished 4bdrm House in Malindi for sale - Image 7 Furnished 4bdrm House in Malindi for sale - Image 8 Furnished 4bdrm House in Malindi for sale - Image 9
9

KES 12,500,000

Furnished 4bdrm House in Malindi for sale

Malindi, Kilifi

4 beds 1,024.00 sqm
Parking Balcony 24/7 Security
Furnished 3bdrm Villa in Malindi for sale - Image 1 Furnished 3bdrm Villa in Malindi for sale - Image 2 Furnished 3bdrm Villa in Malindi for sale - Image 3 Furnished 3bdrm Villa in Malindi for sale - Image 4 Furnished 3bdrm Villa in Malindi for sale - Image 5 Furnished 3bdrm Villa in Malindi for sale - Image 6 Furnished 3bdrm Villa in Malindi for sale - Image 7
7

KES 20,000,000

Furnished 3bdrm Villa in Malindi for sale

Malindi, Kilifi

3 beds 1,800.00 sqm
Borehole Laundry Facilities Garden
Furnished 2bdrm Apartment in Malindi for sale - Image 1 Furnished 2bdrm Apartment in Malindi for sale - Image 2 Furnished 2bdrm Apartment in Malindi for sale - Image 3 Furnished 2bdrm Apartment in Malindi for sale - Image 4 Furnished 2bdrm Apartment in Malindi for sale - Image 5 Furnished 2bdrm Apartment in Malindi for sale - Image 6 Furnished 2bdrm Apartment in Malindi for sale - Image 7 Furnished 2bdrm Apartment in Malindi for sale - Image 8 Furnished 2bdrm Apartment in Malindi for sale - Image 9
9

KES 28,000,000

Furnished 2bdrm Apartment in Malindi for sale

Malindi, Kilifi

2 beds 2 toilets 2,023.00 sqm
Swimming Pool Parking Laundry Facilities

Discover premium investment properties in Malindi, Kilifi, offering excellent rental income potential and long-term capital appreciation. Our curated selection includes beachfront villas, apartments, and gated community homes in prime locations. With Malindi's growing tourism sector and infrastructure developments, these properties present exceptional value for investors seeking high returns in Kenya's coastal real estate market.

Investment Properties for Sale in Malindi

Malindi offers some of Kilifi County's most promising real estate investment opportunities, combining coastal lifestyle appeal with strong economic fundamentals. The town's thriving tourism sector drives consistent rental demand, while ongoing infrastructure improvements enhance long-term value.

Malindi Investment Property Market Overview

The Malindi property market shows steady growth with:

  • Beachfront villas commanding Ksh 25 million to Ksh 120 million
  • Mid-range apartments priced between Ksh 8 million to Ksh 30 million
  • Gated community homes ranging from Ksh 15 million to Ksh 50 million

Why Invest in Malindi Real Estate

  • Tourism Growth: Increasing international visitor numbers driving rental demand
  • Infrastructure Development: Ongoing road improvements and airport upgrades
  • Dual Income Potential: Year-round rentals plus short-term holiday lets
  • Capital Appreciation: Historical price increases of 8-12% annually

Investment Property Types Available

Property Type Price Range (Ksh) Rental Yield
Beachfront Villas 25M - 120M 7-10%
Apartment Units 8M - 30M 8-12%
Townhouses (Gated) 15M - 50M 6-9%

Prime Investment Locations in Malindi

The most sought-after areas for investment properties include:

  • Casuarina: Premium beachfront with luxury villas
  • Turtle Bay: Established expat community with high-end rentals
  • Sofala: Growing middle-market residential area near amenities
  • Silversand: Gated developments with security and facilities

Frequently Asked Questions

Malindi properties typically offer rental yields between 6-12%, with apartments generally providing higher yields (8-12%) than beachfront villas (7-10%). Actual returns depend on property type, location, and management quality.
Casuarina and Turtle Bay show the strongest capital appreciation due to their prime beachfront locations and limited supply of premium properties. Emerging areas like Silversand also show good growth potential as infrastructure improves.
Key drivers include: (1) Growing tourism numbers, especially Italian and domestic visitors; (2) Infrastructure upgrades like the Malindi-Salgaa road; (3) Increasing demand for second homes; and (4) Limited supply of quality beachfront properties.
Foreigners can own property through leasehold titles (typically 99 years) or by forming a Kenyan company to hold freehold land. Beachfront properties often have special conditions - consult a local lawyer before purchasing.
Peak rental seasons coincide with European winter (November-March) and local holidays (July-August). However, well-managed properties can achieve year-round occupancy through a mix of short-term holiday lets and longer-term expat rentals.