Mombasa Road is a major highway in Kenya connecting the capital city of Nairobi to Mombasa. The road also passes through several towns and cities including Athi River, Machakos, Sultan Hamud, Emali, Voi and serves as a gateway to other parts of East Africa
The road has undergone some major developments such as its recent expansion and the construction of the Nairobi expressway. This has created a growing demand for housing and commercial projects along the road and a promising opportunity for investors.
There are several reasons why the areas along Mombasa Road in Kenya are attractive locations for real estate investment:
Strategic Location
Mombasa Road is a major transportation artery connecting Nairobi to the coastal region and other parts of Kenya.
It is a gateway to some of Kenya’s top tourist destinations, such as the Maasai Mara National Reserve and the Kenyan coastal beaches. This makes it a strategic location to invest in both residential and commercial real estate projects.
Growing Demand
The population in Nairobi is rapidly growing, and with it, the demand for housing and commercial properties.
Mombasa Road is becoming a preferred location for people to live and work due to its proximity to the city center and other important areas.
Infrastructure Development
The Kenyan government has invested heavily in infrastructure development along Mombasa Road, including the expansion of the Nairobi-Mombasa highway, the construction of the Standard Gauge Railway (SGR), the Nairobi Express-Way and the upgrading of the Jomo Kenyatta International Airport.
These developments have made the area more accessible and attractive to businesses and investors.
Business Opportunities
Mombasa Road is home to several industrial parks, logistics centers, shopping malls and office complexes, making it a prime location for businesses to set up shop.
This has created a demand for housing and other amenities, leading to the growth of the real estate sector in the area.
Availability of Land
Unlike other areas in Nairobi where land is scarce, there is still plenty of undeveloped land along Mombasa Road, providing an opportunity for developers to build new properties and cater to the growing demand.
Affordable Prices
According to statistics, the first two quarters of the year are relatively slow in the real estate sector as most people tend to be occupied with other activities.
In this low season, most real estate firms tend to have huge discounts, great incentives and you can have an opportunity to seal a good bargain as this season don’t last forever.
Attractive Financing Options
In the first quarters of the new year, the market is slow and buyers are few. Therefore, you will find several attractive financing options to buy land -.
With every major player competing for your account. It’s also a great time to upgrade or expand your budget for a better option.
Financial Institutions are offering easy payment schemes and customized payment plans for customers.
Overall, these factors make the areas along Mombasa Road an attractive location for real estate investment, with the potential for high returns on investment in the long run.
To get started on your real estate investment in areas along Mombasa Road, reach us today on 0700111132 or visit us in our Office in Gateway Mall along Mombasa Road. Be part of this great real estate investment opportunity.
