Kenya named among hotspots for wealthy trophy home hunters

A villa located along the beach in Diani: Wealthy globetrotters prefer a coastal home largely for vacation. PHOTO | COURTESY

Kenya has been listed among the top global destinations for super-rich Africans seeking to buy a second home, a newly released wealth report says, offering insight into the continued rise in prices of luxury homes in Nairobi and the coast.

Property consultants Knight Frank made the finding in its latest Wealth Report, which says that prime residential houses in Nairobi are currently priced at $800,000 (Sh82 million) or more.

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