This archive report was first published on 29 October 2021.
On the rebound of the tourism sector, Mizizi Africa Homes has ventured into the Coastal Real Estate market to tap into the high demand for holiday homes.
The developer has initially planned to start putting up 3-bedroom and 5-bedroom villas in Diani by the end of the year as part of its bigger expansion strategy beyond Nairobi.
According to George Mburu, Mizizi Africa Homes Chief Executive Officer, the firm's debut into the coastal market was due to a surge in customer requests for holiday homes over the pandemic period.
“Some of our customers have been looking for affordable investment homes that can give them more returns while others sought for investments in tranquil and less crowded places away from the capital city. Diani emerged as our first best destination to meet this demand,” said Mburu.
Increased infrastructural development in Kwale County, including the ongoing construction of Dongo Kundu bypass and pavement of beach access roads and lagoon beach roads, are poised to drive growth of the south coast region.
As the economy gears up for full resumption with the lifting of curfew and more operational hours for hospitality establishments, the developer expects brisk business in the tourism sector in the near term.
Units at Kijani Kibichi Ridge in Diani will feature spacious lounge and dining area, large windows for natural lighting, and other modern amenities.
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