ALSO READ: Kenya’s property market to benefit from China initiativeDriving the new surge are the country’s favourable weather conditions. Overseas interest in Kenyan holiday homes comes mainly from British buyers, though a sizeable number of Italians and other nationalities are drawn to the coast and countryside locations like Nanyuki. This newfound love for Kenya’s luxury properties has spurred a new wave of developments especially on Kenya’s coast where old establishments are either converting their establishments to holiday homes or erecting new ones altogether. Hemingways Watamu Operations Manager Melinda Rees says owning luxury apartments is a trend that is fast catching up in the hospitality and tourism sector. With this , says Rees, hoteliers have a guaranteed income even during the low season.

Source: Standard Digital February 22, 2018 08:48 UTC