Beach Front Property for Sale in Watamu Village, Watamu, Coast, Kenya

New Beach Front Homes, High Yielding Investment Opportunity

Blue Bay Cove is a 12 home luxury small scale development situated on an ocean front location near the centre of Watamu village.

-Attractive investment property expected to achieve rental yield in the region of 9% a year.

-Attractively priced from Euro 198,000.

-Excellent potential for capital growth; prices are expected to increase to Euros 240,000 to 260,000 within a year from completion of the project.

-Professional Management Company in place to manage, maintain and arrange the rentals of the properties.

-2 & 3 bedroom duplex residences each with panoramic views of the Indian Ocean, authentically Swahili in spirit yet fitted out to the highest standards.

-Showhomes have been completed in November 2009, first homes ready for occupation by second quarter of 2010.

-Visit our website for more information and fly through animations of this stunning development.