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Hacienda: East Africa’s Eco – Friendly Real Estate investment: |
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The largest development of residential properties in East Africa is ongoing on the outskirts of Mombasa, Kenya. The estate, dubbed “Hacienda” will eventually be one of Africa’s first self-sustaining estates, producing its own electricity through solar power and recycling its water to ensure it has the least amount of footprint on the Mombasa City Council’s grid. Hacienda calls this an “eco-city”.
The project is located in Mwakirunge area near the Bamburi Cement Factory in the North Coast of Mombasa. The completed project will contain approximately 6,250 housing units in both two and three bedroom flats and three or four bedroom bungalows. These units will be developed in five phases.
These units are ideal for both corporate buyers and individual buyers. The whole project will take four to five years to complete. It will have 6,250 housing units to be developed in 10 phases. 10 showrooms are already complete & ready for viewing.
Special Features:
• Fully Solar powered with prepaid meters when complete
• Self Sufficient in water with wetland for biological water treatment
• Excellent road network and storm drainage
• Shops/ Offices/ Restaurants/ Business Park
• Police Station and 24 Hr security
• Perimeter Electric fencing
• Medical Care and Clinics
• Schools – Kindergarten/ Primary/ Secondary
• Supermarket and Police Station
• Sports Club/ Children’s Playground
Who Should Buy:
• Individuals with a desire to have own a home in a cool and eco friendly environment
• Investment groups that desire to have a good return on their investment
• Corporate organizations that require housing regularly for their staff on expatriates at the Coast
• Private Organizations that wish to provide an opportunity for their staff to own homes through the staff benefits scheme.
Asking Prices (as at Q1, 2009):
There is a special offer for the first 100 units of which 70 are already sold.
1 Bedroom Flat – Kshs. 1.5 Million
2 Bedroom Flat - Kshs. 2.5 Million
3 Bedroom Flat – Kshs. 2.95 Million
3 Bedroom Bungalow – Kshs. 3.5 Million
4 Bedroom Bungalow – Kshs 4.5 Million
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