FLAMETREE BEACH HOMES: Stylish apartment resort on sale along Diani Beach

FLAMETREE BEACH HOMES – Diani Beach Road

We are offering this project with a very lucrative expansion opportunity in the heart of Diani Beach for a fixed price of only KES 120M!

What is on ground so far:
On a beautiful almost 5.000 sqm (1 and ¼ Acre) big plot this stylish apartment resort is developing to fulfill highest standard.
So far one Block with 4 units of 2 bedrooms and 1 unit of 3 bedrooms, all fully furnished, a perimeter wall with electric fence, an entry and an exit gate, an 8 room administration block, a huge swimming pool with baby pool and some other amenities have been erected so far.

What is the value for what you buy?
KES 74.400.000 selling price for the 5 existing apartments,
KES 26.000.000 value of administration block, swimming pool, wall and other existing facilities,
KES 48.000.000 value of the 1 ¼ acre plot,
KES 148.400.000 total value! You only pay KES 120.000.000!

What can be erected now?
Only 3 more blocks with the same units.

What is your investment?
KES 120.000.000 project price and KES 72.000.000 for building the 3 additional blocks, total investment KES 192.000.000.

What is the great opportunity?
Selling all apartments for a total of KES 372.000.000 (actual selling price, existing furnishings not calculated) gives you a profit of KES 180.000.000!
Furthermore, you continue earning from the management and from renting apartments for the owners.

Key features of the existing house:

• Property type: House with 4 Apartments and 1 Penthouse
• Plot: 4.850 m² (50 x 97 m)
• Year of construction: 2017
• Swimming pool: 8 x 15 m and baby pool
• Parking space: on the compound

Penthouse
Rooms: 4 (222 sqm living space)
Splitting: living room (27 sqm), dining area (16 sqm), kitchen (10 sqm), 3 bedrooms (24, 21 and 16 sqm), 3 bathrooms (7, 5 and 5 sqm), toilette (2 sqm),  laundry, store, 2 terraces (45 and 32 sqm).

Apartment
Rooms: 3 (101 sqm living space)
Splitting: living room with dining area (26 sqm), kitchen (10 sqm), 2 bedrooms (22 and 15 sqm), 2 bathrooms (6 and 5 sqm), terrace (17 sqm).

Additional information:

Location: In the heart of Diani Beach, 300 m from the Diani Beach Shopping Centre and 600 m from the beach of the Indian Ocean.
Water supply: Private well on the plot, 5.000 liter tank on the roof. Connection to public water supply is possible. Solar panels with hot water tanks on the roof for each apartment.
Water dumping: Own septic.
Electricity: Connected to the public electricity network.
Rental: We offer a holiday management plan, if wanted.
Administration: The resort will be managed, cared for and maintained, if wanted.
Security: The plot has a 2.40 m high wall with electric fence, we have 24 h askaris on our plot and we are connected to a professional security company (SGA).
Land register: The buyer will obtain a lease certificate registered at the Kwale land registry (Common law).
Fees: The notaries and court fees as well as the stamp duty and any other taxes are to be covered by the buyer.
Commission: None.

Location

Diani Beach is situated 30 km from Mombasa, Kenya’s second largest city and East Africa’s most important seaport. Diani Beach is home to Kenya’s most beautiful beach and is one of the main tourist areas in Kenya. Many good hotels, offering a wide variety of sport and leisure activities, are situated directly on the white sandy beach with its palm trees and the clear blue Indian Ocean. The sports and leisure activities available to you include swimming and walking as well as golf, horse riding, cycling, quad driving, sailing, wind- and kite surfing, offshore fishing, snorkeling and diving, as well as sky diving.

In Diani you can find shopping centers with banks, supermarkets, boutiques, chemists and pharmacies, two modern hospitals, a petrol station and car rental, a post office, as well as countless restaurants, bars and clubs. In Ukunda there is a landing strip for medium sized airplanes, which is used as the starting point for safaris into the national parks. Furthermore, there are regular scheduled flights to and from Nairobi.

A mere 30km inland from Diani Beach is Shimba Hills National Reserve Park. From the up to 600 m high hill range, you have a beautiful, breathtaking and magnificent panoramic view of the coast of the Indian Ocean, of Mombasa, sometimes of the Usambara Mountains in Tanzania and the wide grass land, partly covered by bush and trees and populated by wild animals and the pretty rare sable antelopes.