Rent to own apartments for sale in Malindi

For Sale Affordable Housing Hot Offer

Affordable 2-Bedroom Modern Apartments for Sale in Malindi – Rent-to-Own Payment Option

Ksh4,500,000

Description

Looking for an affordable, modern apartment for sale in Malindi that offers both a comfortable lifestyle and an attractive investment opportunity?

These beautifully designed 2-bedroom apartments in Kwa Ndomo, Malindi, offer an excellent opportunity to own a modern home in a peaceful and conveniently located residential development, with flexible payment options designed to make homeownership more accessible.

Located just off the Malindi–Lamu Road in the Kwa Ndomo area, the apartments are approximately 10 minutes from Malindi Town and 15 minutes from Malindi International Airport. The development is also within walking distance of the beach, making it ideal for homeowners, holiday-home buyers, long-term investors and anyone looking to enjoy the relaxed coastal lifestyle Malindi is known for.

Modern, Peaceful Coastal Living

The apartments have been thoughtfully designed to create a cool, comfortable and uncluttered living environment. The development provides a refreshing alternative to congested urban living, with ample green open spaces and a quiet residential atmosphere.

Residents benefit from secure parking, reliable access to essential utilities and a well-planned compound with controlled access and 24-hour security.

Whether you are looking for your first home, a holiday apartment on the Kenyan Coast or a property that can generate rental income, these apartments offer an affordable entry point into Malindi’s growing property market.

Key Property Features

Each 2-bedroom apartment offers a practical modern layout suitable for comfortable everyday living.

Key development features include:

Modern 2-bedroom apartment design
Spacious and well-planned living spaces
Fresh water connection
Borehole water supply
Prepaid electricity
Professionally managed common areas
Cabro-paved secure parking
24-hour security
Guard house
Secure boundary wall
Dedicated children’s play area
Green open spaces
Quiet and non-cluttered residential environment
Easy access to the beach
Convenient access to Malindi–Lamu Road

Prime Malindi Location

The development is strategically positioned in Kwa Ndomo, just off the Malindi–Lamu Road, giving residents convenient access to Malindi’s major amenities while maintaining a peaceful residential setting.

Approximate distances include:

10 minutes to Malindi Town
15 minutes to Malindi International Airport
Walking distance to the beach
Easy access to Malindi–Lamu Road
Convenient access to shops, restaurants, schools and other everyday amenities

This location makes the apartments suitable for both permanent residence and investment, particularly for buyers looking for an affordable property close to the beach and Malindi’s urban amenities.

Apartment Price – KSh. 4.5 Million

The 2-bedroom apartments are available for:

KSh. 4,500,000

The flexible payment structure makes these apartments particularly attractive to buyers who want to acquire property without having to raise the entire purchase price upfront.

Flexible Payment Options

1. Cash Payment – 5% Discount

Buyers paying the full purchase price in cash qualify for a 5% discount.

2. Standard Payment Plan – 20% Down Payment

20% deposit/down payment
Balance payable within 90 days
Ideal for buyers who can complete the purchase within a short period

3. Long-Term Rent-to-Own / Payment Plan – Up to 1 Year

For buyers who need more time to complete the purchase:

20% down payment
Balance payable within 12 months
11% interest on the outstanding balance
Possession granted upon payment of the deposit and signing of the sale agreement

This structure provides an opportunity for buyers to secure the apartment, take possession and plan their remaining payments over the agreed period.

Rental Income Potential

For investors, the development also provides an opportunity to generate rental income.

Unfurnished 2-bedroom apartments are currently available for rent at approximately:

KSh. 18,000 per month

The combination of an affordable purchase price, proximity to the beach, access to Malindi Town and a growing coastal property market makes these apartments worth considering for both owner-occupiers and rental-property investors.

Why Buy an Apartment in Kwa Ndomo, Malindi?

Malindi continues to attract homeowners, holidaymakers, investors and people seeking a quieter coastal lifestyle. Buying a well-located apartment provides an opportunity to participate in this market while enjoying the benefits of modern residential living.

These apartments are particularly suitable for:

First-time homeowners
Young professionals and families
Diaspora buyers
Holiday-home buyers
Coastal property investors
Buy-to-let investors
Buyers looking for an affordable beach-adjacent home
Investors seeking a property with rental potential

A Smart Entry Point into Malindi Real Estate

At KSh. 4.5 million, these modern 2-bedroom apartments provide an accessible opportunity to own residential property in one of Kenya’s established coastal destinations.

With flexible payment terms, secure compound facilities, green spaces, proximity to the beach and easy access to Malindi Town, the development combines affordability, convenience and lifestyle.

Whether your goal is to live in Malindi, own a coastal holiday home or build a rental-property portfolio, this development offers a compelling opportunity to get started.