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Is it a good deal? 90k an acre at the Coast
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Apple Bees
#1 Posted : Sunday, September 09, 2012 8:59:02 PM
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Joined: 7/5/2008
Posts: 390
Is it a good deal? This was in the Sunday Nation today and it is offered by Willow Creek Ranch http://willowcreekranches.com/ for Kes 90k/ acre.

Think it's a good offer. But another part of me asks, why now - raising funds for elections?
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Olu
#2 Posted : Monday, September 10, 2012 8:59:45 AM
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Joined: 4/24/2009
Posts: 72
See the FAQ section:

3. HOW ABOUT THE ISSUE OF SQUATTERS?

There are 80 families who will occupy 1,000 acres of land. We have already entered into an agreement of resetlling all the 80 families.

Squatters are in the area...do you think this will be sorted out?
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digitek1
#3 Posted : Monday, September 10, 2012 10:03:02 AM
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Joined: 2/3/2010
Posts: 1,797
Location: Kenya
very tempting. there seem to be 17 years left on the lease but they will issue out leases for 99years?
question is will the lease renewal be that easy given the new land laws
I may be wrong..but then I could be right
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myfundi
#4 Posted : Tuesday, September 18, 2012 12:54:39 AM
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Joined: 7/18/2009
Posts: 21
anymore feedback on this property?
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Apricot
#5 Posted : Tuesday, September 18, 2012 3:03:05 AM
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Joined: 10/26/2011
Posts: 181
Location: Nairobi
I too developed some interest after seeing the advert but am curious what are the issues I don't know.

I am certainly trying to do my due diligence so any information I pick here is very helpful indeed.
First time in history we can save the human race by laying in front of the TV and doing nothing. Let's not screw it up
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guru267
#6 Posted : Tuesday, September 18, 2012 3:52:49 AM
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Joined: 1/21/2010
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Location: Nairobi
I recently just bought 5acres in Lamu for 500k so it sounds like a good one.. But due diligence is key!
Mark 12:29
Deuteronomy 4:16
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deadpoet
#7 Posted : Tuesday, September 18, 2012 7:43:01 AM
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Joined: 9/27/2006
Posts: 503
Isn't the area near the river a swamp area? Explains the low price I think....
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majimaji
#8 Posted : Tuesday, September 18, 2012 9:42:39 AM
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Joined: 4/4/2007
Posts: 1,162
This area is along the Galana-Sabaki river (Athi River as it is known upstream) near the village of Lango Baya. The road from Malindi to Tsavo East goes through here (a rough sandy road). The area is remote, hot and arid and there is some irrigation done along the river. Due diligence is important, some of the glossy pics in the website are not of the area( Golf pics may be from Vipingo Ridge, Rea Vipingo plantation, Kilifi). Enda ujionee.
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myfundi
#9 Posted : Thursday, September 20, 2012 9:28:31 AM
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Joined: 7/18/2009
Posts: 21
guru267 wrote:
I recently just bought 5acres in Lamu for 500k so it sounds like a good one.. But due diligence is key!


@guru267 are the lamu plots still available? who do I contact?
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