Shanzu Beach Resort is set to construct a new block of apartments at the Kenyan Coast in a bid to boost their high end property development.
The development which is dabbed The Shaza project will consist of 18 apartments comprising of two and three bedroom that will go for between Sh32 million and Sh42 million respectively.
The Shanzu beach resort blocks will be constructed in Mombasa County and will be completed by October this year.
Executive director Mr. Mike Karanja confirmed the news and said that the firm settled on this initiative after it sold out its first block from December 2014 which consisted of 46 units.
“Demand is coming from premium buyers looking for properties with a good beachfront view in accessible areas, most of the buyers are from the mainland and that is what they are looking for,” said Mr. Karanja.
He further pointed out that the program is part of a multibillion investment plan that was started three years ago.
Currently, there is an increasing demand for properties especially at the Coast where most people and being attracted to invest in the real estate business and the English Point Marina and the upcoming Sultan Palace by Chinese firm Sultan Palace Development have not disappointed as they are some of the construction projects that are improving the coastal skyline.
