Watamu, located on Kenya’s stunning coastline, offers promising returns for real estate investors. Here’s why:
💰 Rental Income Potential
- Short-Term Rentals: Airbnb listings in Watamu average $8,802 annually with a 29.8% occupancy rate and an average daily rate of $116. airroi.com
- Long-Term Rentals: Properties can yield between 6% to 10% annually, depending on location and amenities. BuyRentKenya
📈 Property Appreciation
- Watamu’s property values have consistently grown, with annual appreciation rates of 15% to 20%. KlicKenya
- Strategic investments now could lead to substantial returns in the future. KlicKenya
🏖️ Prime Locations
- Properties near the beach or Mida Creek are in high demand, offering both rental income and long-term value. KlicKenya
Conclusion:
Investing in Watamu’s real estate market presents a unique opportunity for high returns. Whether you’re interested in short-term rentals or long-term property appreciation, Watamu offers diverse options to suit your investment goals.
