Kilifi town is one of the most underrated historical towns on the Kenyan Coast. It sits on the Estuary of River Goshi and has a population of about 122,000 people. The town lies on the creek between Mombasa and Malindi and is the capital of Kilifi County since 2010 after the merging of the Kilifi District and Malindi district. Recently it came to the spotlight when investors discovered the massive availability of affordable land.The growing of kilifi which is a chief town today, is due to the arrival of foreigners,during the sixties,and precisely,to the laying up of the deep-sea fishing boats activity.
Why invest in Kilifi?
Lately,investors and real estate developers are trooping to kilifi to buy land as it is quite affordable,apart from this the availability of raw materials for construction.It is predicted that land in Kilifi will drastically as the town is on its way to becoming a major residential area for Mombasa people. Not only is kilifi fast growing,but it indeed becoming the most ideal place to live in and invest in especially for middle-class citizens
Mr Joseph Mbugua, the Inuka Afrika Properties Ltd executive director, says demand for affordable commercial and residential facilities is rapidly growing in the counties.Mr Mbugua says Inuka Afrika Properties Ltd has so far undertaken 50 projects and issued 1,000 tittle deeds to new land owners.
Inuka Afrika Properties Limited.
This is a registered real estate company that came into the market five years ago to provide a solution for people who wanted to invest in the coast but had integrity issues with the land vendors. It has completed over 25 projects selling about 950 plots through the period. With most of its projects being in Kilifi, they have managed other successful projects in Mariakani, Mackinnon, Chakama, Marereni, and Mtwapa.
In Kilifi, the company has 12 successful projects. In March 1st 2021, The company launched Bofa 12, a strategic project that is only 300 metres from Bofa Beach,The property is on the second row from the Beach,10 minutes from Kilifi town with a freehold title deed,close proximity to Silver Palms Hotel with electricity and water on site. It is Suitable for Commercial and Residential Establishment.