Hemingways’ Beach Front Residences in Watamu, Kenyan Coast
Hemingways Collection – a Kenyan 5 star hospitality group continues to impress the real estate market with quality portfolio products.
One of the outstanding properties has to be the amazing beachfront Hemingways Residences in Watamu, Kilifi County – boasting a total of 21 one / two / four bedroomed apartments.
An ROI analysis would be project as follows:
Within 5 years; a fixed-return rate of 7% p.a. on the purchase price, results in 8.5% p.a. rental yield and a discount rate on the sale price of any of the apartments.
Also Read Holiday Homes for Global Rich in Kenya
The Knight Frank Wealth Report 2019 indicates that Kenya is an emerging market for the super rich and wealthy individuals globally.
Of these Global High Net Worth (HNW) demographic data, 4% expressed interest in owning property in Kenya. Britain was leading on the list of HNW, with a whooping 63% of wealthy people expressing such interest.
Image Source: Hemingways Collection