We are delighted to present a rare and highly sought-after investment opportunity: a 0.8-acre freehold parcel of land for sale in Malindi town with Lamu road frontage, 2nd row from the beach, priced at KES 28 million. This prime property is perfectly positioned just right on Malindi–Lamu Road and a 5-minute walk to the Indian Ocean beach. Combining convenience, exclusivity, and natural beauty, this parcel is one of the most attractive listings currently available in Malindi.
📍 Location Advantage
Fronting a major road, the property sits in a prestigious zone that blends residential charm with commercial vibrancy. Its second-row position from the beach offers peace and privacy, while still keeping the ocean just a short stroll away.
Key nearby amenities include:
- Oasis Mall (Naivas Supermarket) – only a few minutes’ walk away
- Mabeshte Restaurant & Car Wash – a recognizable local landmark
- Schools, shops, and restaurants within walking distance
- Easy road access – fronts Malindi–Lamu Road
This location is a perfect match for investors seeking proximity to both beachside living and modern conveniences.
🌿 Property Features
- Land Size: Approx. 0.8 acres
- Price: KES 28 million
- Frontage & Boundaries: Secure, walled perimeter with gated access
- Vegetation: Mature shade trees creating a lush microclimate
- Topography: Level and construction-ready
- Utilities: Water and electricity connected
The plot is large enough to accommodate multiple developments, from luxury villas and boutique apartments to commercial projects. Its established shade trees and flat terrain reduce preparation costs and add natural value to the space.
💡 Investment Potential
This 0.8-acre plot offers versatile options for investors:
- Private Residence – Build a sprawling villa with landscaped gardens and a swimming pool, all just minutes from the beach.
- Hospitality Project – Develop boutique hotels, Airbnb retreats, or serviced apartments to tap into Malindi’s thriving tourism market.
- Mixed-Use Development – Combine commercial and residential spaces for higher returns.
- Land Banking – Acquire and hold for future appreciation; demand in this prime location is rising.
With limited availability of sizeable beach-adjacent plots in Malindi, this property is positioned for strong long-term growth.
🌴 Lifestyle & Community
Imagine waking up to the sounds of the ocean just a few minutes away, enjoying morning walks along sandy beaches, and living within a green, shaded compound. For daily needs, Oasis Mall with its Naivas Supermarket is a short walk, while nearby restaurants, shops, and schools ensure convenience for families and visitors alike.
Malindi is well-known for its warm hospitality, vibrant cultural scene, and year-round holiday appeal. From luxury resorts to hidden coastal gems, the area offers both tranquility and social vibrancy.
✈️ Accessibility
The property is easily accessible:
- On Malindi–Lamu Road, superb road connectivity
- Malindi Airport just a short drive away, offering direct flights to Nairobi and other destinations
This ensures convenience for both investors and future tenants or guests.
✅ Why Invest Here?
- Sizeable 0.8-acre freehold plot – rare in such a prime location
- 2nd row from the beach, only 5 minutes’ walk to the shore
- 2 minutes to Malindi–Lamu Road – excellent accessibility
- Close to Oasis Mall, Naivas, restaurants, schools, and shops
- Perfect for residential, hospitality, or mixed-use projects
- Competitive price of KES 28 million for a plot this size and location
This is a standout opportunity to secure nearly an acre of Malindi coastal real estate at a fair price point, with enormous potential for development and appreciation.
📞 Viewing & Contact
📞 Contact Mkaazi Real Estate LTD today on +254 763 56 8989 to schedule a site visit and take the first step toward owning this rare coastal gem.