Where Rich are Buying Homes in Coast

Staircase, frontage and club house at Lantana Coral Drive Luxury Villas show house at Nyali estate. PHOTO | GITONGA MARETE | NMG

The warm climate and relaxed lifestyle are attracting home buyers to the Coast. But where are they investing? Most of the buyers are not famous, they just do not want to be known to have paid Sh300 million to purchase a house, so they are looking for isolated locations.

According to Paul Kinoti, a director at ACL Real Estate Consultants, the wealthy are looking for away-from-crowds locations and not necessarily near shopping centres or high-end schools.

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Note: The results are not exact but very close to the actual.