INVESTMENT: Economics of Buying a Piece of Diani.

Diani is one of the fastest growing investment havens on the East African coastline. It has been voted six times as Africa’s leading holiday destination by World Travel Awards and boosts of a steadily growing number of visitors from across the world. Buying a piece of Diani would therefore be motivated largely by her promising return on investment through rental income on conferencing and accommodation facilities. Speculators enjoy great optimism in the fast rate at which the value of land is appreciating thanks to the growing importance of Diani as a commercial, holiday, education, financial, administrative and transport capital of Kenya’s South Coast region.

In October 2023, 0.045HA of land (1/8 acre) in Diani was selling at a range of Kes. 630,000 and Kes. 1,600,000 in the areas neighboring LungaLunga Highway and the famous Diani Beach Road which are considered prime areas. Land prices vary within the reported range depending with the level of effort made by the land selling company to provide horizontal development and amenities such as water, link roads and perimeter fencing of the larger community.

On a bullish month, a standard hotel room in a five-star facility would rent at Kes. 70,000 per day and a fully furnished studio apartment in Diani will rent at Kes. 15,000 per month. An investor in Diani’s real estate market enjoys rental income at a premium throughout the year. This is attributed to Diani’s attractiveness to both local and diaspora visitors keeping the economy in season from January to December.

If you are seeking to buy land in Diani, find a credible land selling company and build a holiday facility that meets market demand. Ensure you source your property funding from a suitable financial services provider. You can as well invest in Diani’s secondary industries like transport, healthcare, education, beauty and film production. Ask me for more information about Diani.