
Kenyan Time:
There has traditionally been an under supply of quality accommodation to buy or to rent on this famous Watamu beach. This is the fundamental investment reason underpinning this exciting project. Strong rental yields are anticipated together with capital growth. There is nothing to compare with Medina Palms on this Indian Ocean Coast. There has been strong demand from both domestic and international markets. Watamu beach is an internationally recognised holiday destination. This landmark project for Kenya should provide buyers with a strong investment, due to the countries recent and continued economic growth. To optimise investment at times when you are not in residence, we have established a professional Rental Program to generate income.
Medina Palms was recently awarded the Best Development in Kenya at the African Residential Property Awards.
Kenya's Property Boom on a Roll as Sector Draws in Foreigners
"Kenyans have got property buying fever in a big way and with more gains predicted, foreign money is also boosting the country's hottest investment sector. Country's position as a regional business hub, improving governance, high population growth and a rising middle class are among the main causes."
Kenya Business Daily October 8, 2010
Can Kenya make its new deal work?
"Kenya has recovered its breath, endorsed a new political system, and is now poised to forge ahead as the region's undisputed economic motor and diplomatic nerve-centre."
The Economist October 28, 2010
Boom-time for Kenya's property market
"A rising demand for housing across Kenya has turned construction into the economy's fastest growing sector and news of a multi-billion pound property development on the outskirts of Nairobi looks set to push the country into property boom-time... East Africa's biggest economy, Kenya, has been enticing both local and foreign investors to its property sector with impressive returns that have far outperformed stocks over the last decade."
themovechannel.com October 01, 2010
