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Kilifi North

KSh 10M Joint Venture Opportunity

New
Watamu, Kilifi North, Kilifi

KSh 10,000,000

Property Details

Price KSh 10,000,000
Type
Residential Land For Sale
Key Details
0.00 ac land area
Property ID PROP-2026-10846
Status Active
Category Land for Sale
Last Updated Jun 12, 2026

About this property

This is a great chance to invest in a 1-acre land in Watamu, with a KSh 10M joint venture opportunity. The land is located close to the coastal beach of Watamu, and it's a good chance to build bungalows. The project will be undertaken in three phases, with two houses to be built in the first phase. You'll love the potential of this investment, and it's a solid opportunity to grow your wealth.

About This Property

The 1-acre land is a good size for a joint venture, and it's a well-maintained property. The project will be undertaken in three phases, with two houses to be built in the first phase. Each home will be 152sqm, and they'll be built with a cost of KSh 4M per home. The investor will be refunded their initial capital of KSh 10M plus a profit of KSh 10M after the sales of the houses in phase 2. It's a convenient investment opportunity, and you won't find a better deal in Watamu.

  • Joint Venture Opportunity: invest KSh 10M and get a good return on investment
  • 1-Acre Land: a good size for building bungalows and growing your wealth
  • Three Phases: the project will be undertaken in three phases, with two houses to be built in the first phase

Location & Neighbourhood

The land is located close to the coastal beach of Watamu, and it's a quiet and convenient location. You'll love the neighborhood, and it's a good place to invest in. The matatu route is nearby, and you can easily get to town. It's 5km from Watamu town, and you can easily get to the beach. Why not book a viewing and see the potential of this investment for yourself? You won't regret it, and it's a solid opportunity to grow your wealth.

Approximate location

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Property reference: PROP-2026-10846

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