Categories: Education

Mariakani is emerging as new property market in Kilifi County

New infrastructure developments in Mariakani around Mombasa have increased the pace of property value growth in the region, thus leading to a windfall for investors. Mariakani in Kilifi county is the new frontier for the property market at the coast. The region is 36 kilometres west of Mombasa and is accessible through the Mombasa-Nairobi Highway. Upcoming projects in the coastal town have opened up the region, which is mainly occupied by warehouses, container freight stations and low-cost houses, to other types of real estate development

In recent years, the north of Mombasa has been the centre of attraction for property developers in Nyali, Utange, Mtwapa, Vipingo and Kikamba. In the north of Mombasa, the land prices are very high. A plot of land measuring 50 by 100 feet with a ready title is priced at Sh1.5 million and above. While in Mariakani, a plot of land measuring 50 by 100 feet goes for between Sh200,000 and Sh500,000.

In 2016, President Uhuru Kenyatta launched the expansion of the roads around Mombasa west, connecting Mariakani and the Dongo Kundu Bypass. The road is 17.5 kilometres from Miritini on the mainland west of Mombasa to Ngombeni on the south mainland. The Dongo Kundu Bypass linking the South and North Coasts incorporates the Mombasa free trade zone, which is aimed at decongesting the city. Phase two of the Dongo Kundu bypass, which connects the west of Mombasa to the south without going through the Likoni crossing channel, is almost done.

The expansion of the road from Changamwe roundabout to Mariakani, which is prone to traffic snarl-ups, is already in progress. The Kenya Revenue Authority (KRA) is working on the intersection at Changamwe roundabout. According to some developers, Mariakani will be a hotcake for real estate development. The projects have established a newfound interest as investors and real estate developers are trooping to Kilifi County to buy land and construct houses

Mombasa’s population is growing, and the demand for housing has not been met. This has led to a spillover of the housing supply to Kilifi County through the Mtwapa and Mariakani areas.”. Mariakani is growing as an industrial urban center, which has attracted industries, transport firms and warehousing developments

The cost of land in Kilifi County has seen affordable homes come up that target middle-class citizens. The availability of raw materials for construction and the affordable cost of land are some of the reasons investors are eyeing Kilifi County as an investment destination. The land in Kilifi will soon drastically appreciate as the region is on its way to becoming a major residential area for Mombasa people. However, other developers have said growth and return on investment on rental income are slow. According to the county official, Mtwapa and Mariakani have integrated sustainable urban developments, allowing controlled development in the region

Conclusion

Mariakani in Kilifi County stands at the forefront of new infrastructure developments, spurred by road expansions and connectivity projects. The region’s proximity to Mombasa and the Dongo Kundu Bypass positions it as a prime hub for real estate growth. With affordable land prices compared to the north of Mombasa, Mariakani is witnessing increased interest from investors and developers. The ongoing road projects and industrial growth are transforming Mariakani into a burgeoning urban center, offering a promising landscape for sustainable and controlled urban development in the region

Disclaimer

The information provided regarding new infrastructure developments in Mariakani by Inuka Afrika Properties is for general informational purposes only. Potential buyers are urged to contact our office administrator for comprehensive details through 0711 082 084 or WhatsApp, specific property inquiries, and accurate pricing. We do not guarantee the accuracy or completeness of the information presented here. Inuka Afrika Properties reserves the right to modify or update details without prior notice. Contact our office administrator for the latest and most precise information on available properties and investment opportunities

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