Apartments For Sale In Nyali

Residential Apartment Complex for Sale – Nyali, Mombasa
This is a prime residential investment opportunity located in the prestigious Nyali area of Mombasa , Kenya. The property offers both strong rental income and excellent potential for future development.

The complex consists of four spacious 3-bedroom apartments , each currently rented at KES 50,000 per month , generating a combined income of KES 200,000 monthly . In addition, there is a separate bedsitter unit that brings in an extra KES 15,000 per month , making the total monthly rental income KES 215,000 . The property is fully occupied and ready for immediate transfer.

Property Highlights:
Location: Nyali, Mombasa
Property Type: Residential apartment complex
Units: Four 3-bedroom apartments + one bedsitter
Land Size: Approximately quarter-acre (10,890 square feet)
Vacant Land: Approx. 5,000 sq ft available for expansion
Distance to Ocean: Third row from the ocean
Proximity: Walking distance to Cinemax Arcade Nyali and major international schools
Access: Easy access via well-maintained roads
Utilities: Connected to water and electricity
Occupancy Status: Fully occupied
Documentation: Clean title with all documents ready for transfer
Investment Potential:
This property provides multiple avenues for value growth:

Current Income Stream: A stable monthly income of KES 215,000 from existing tenants
Development Opportunity: The 5,000 sq ft of vacant land allows for further construction such as additional units, commercial space, or a high-rise building
Strategic Location: Located near schools, shopping centers, and within walking distance of the ocean, this makes it highly desirable for renters and residents alike
Asking Price:
The property is offered for sale at KES 50,000,000 for a quick sale. With all utilities connected and clear documentation in place, this is a rare opportunity to acquire a turnkey asset in one of Mombasa’s most sought-after neighborhoods.

Why Invest in This Property?
High rental demand due to proximity to schools and amenities
Strong cash flow from existing tenants
Room for expansion and increased income generation
Secure and clean legal documentation
Excellent location in a premium coastal neighborhood