Exceptional Commercial Investment Opportunity in Mtwapa
This half-built 70-room hotel presents a prime investment opportunity in the bustling coastal town of Mtwapa, Kilifi County. With its strategic location and comprehensive facilities, this property is ideal for investors looking to enter or expand in the thriving coastal hospitality market.
Property Highlights:
- 70 well-designed guest rooms (partially completed)
- Multiple revenue streams: Includes bar, restaurant, and kitchen facilities
- Conference and business facilities: Board rooms and conference spaces
- Ample parking: 10+ dedicated parking spaces
- Prime location: In the heart of Mtwapa's vibrant business and entertainment district
- New construction: Recently built with modern standards
The property's turnkey potential allows investors to customize the completion to their preferred standard and branding. Mtwapa's growing tourism and business travel market ensures strong demand for quality accommodation.
Investment Potential:
With Kilifi County's tourism sector experiencing consistent growth, this property offers:
- Immediate operational potential upon completion
- Diverse revenue streams from accommodation, F&B, and events
- Strategic location near beaches, business centers, and entertainment hubs
- Scalable business opportunity suitable for boutique or mid-size hotel operators
Asking Price: KES 52,000,000 - Excellent value for a commercial property with such potential in this high-demand location.