Real estate developers and investors are shifting focus to Kilifi County, drawn by significantly lower land prices and accessible construction resources compared to Mombasa. This trend has sparked speculation about rapid land value appreciation as the region develops into a residential hub for Mombasa residents.
My Space Property CEO Mwenda Thuranira highlighted that land in Kilifi is priced at approximately Sh40 million per acre, compared to Sh100 million for similar plots in Nyali, Mombasa. He noted that construction materials like stone and sand are locally sourced, reducing costs and logistical challenges.
Thuranira predicted Kilifi's land values will surge as the county becomes a
