Kenya is widely seen by many in the region as a stable and desirable investment hotspot with no Capital Gains Tax. It is a regional hub with extensive transport and communication links
As a southern hemisphere destination, Kenya provides a perfect winter sun destination for Europe and also a cooler summer destination for the close by Gulf markets.
While the West has suffered with the economic downturn, Kenya has continued to grow. Property values in most western countries have not shown growth since 2008, while property values in Kenya have grown substantially over the same period.
Those who have invested in the real estate sector in this emerging economy are already starting to see a solid growth in underlying asset values.
The cost of living in Kenya is low and more people looking for a holiday home or retirement options find that they can achieve a good standard of living.
Overseas property investors are increasingly developing or buying into developments of properties.
Ocean Seven is a one-of-a-kind beachfront project on Kenya’s spectacular North Coast. Within 32 kms of Mombasa, Ocean Seven is a secure and elegant residence for those who want a lifestyle that matches their vision – a truly bold concept for modern day life. Every condo has been carefully designed to maximise the panoramic Indian Ocean views and cooling on-shore breezes. The blend of services and facilities has been crafted to exceed expectations.
The concept of going up in height came from a desire to create something really special in the beautiful beachfront grounds of Ocean Seven. With yoga decks, secluded pagodas, fun entertainment or bar-be-que areas the space has been cleverly designed to give both social vibrancy and intimate privacy. There is a 2 km walking or jogging trail blended into the park-scape, as well as a beachfront boardwalk to get the most out of the unique and expansive open space.
There are five different types of property you can buy at Ocean Seven. All are condos. There are 58 condos in total in the first O1 Tower. All bedrooms are ensuite and the open plan kitchen, dining room, living room and balcony all look out across the garden area towards the sea.
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