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Investing in Tourism and Real Estate in Mombasa County

BY · November 12, 2015 09:11 am

What comes in your mind whenever the name Mombasa is mentioned? Mombasa is associated with many things especially for fun lovers. Welcome to Mombasa County, located at the coast and the second largest city after Nairobi. This is also the major country’s tourist destination. If the tourism sector in Mombasa is hurt, then the whole tourism sector in the country feels the heat.

Mombasa County in general has a huge population whose distribution is largely influenced by the distance from water accessibility, electricity, roads as well as employment.

This County has a high potential to develop as well as a huge investment potential. This is because the County has a wide range of investment opportunities.

The main economic activity in Mombasa County is Tourism. Tourists from Europe as well as America flock the beaches of Mombasa to enjoy the warm temperatures as well as the cool breeze from the ocean. There is also the Mombasa Marine National Park, Fort Jesus, water sports as well as nature trails.

This implies that if an investor is thinking of investing in Mombasa, then he or she should first think of the tourism Industry. This will help one decide as to whether to invest in hotel business, travelling agency business or simply setting up a tour guiding firm.

Another key sector that is attracting investors in Mombasa County is the Real Estate sector. There is great demand for better housing as the middle class rises. Also, with the improvement in the security sector, many investors who had taken off from Mombasa County are now coming back and are busy setting up houses as well as offices. Real estate business is, therefore, a lucrative business opportunity in Mombasa. This is because there is a huge demand for housing units ranging from hotels, hotel apartments, cottages, restaurants, entertainment joints and conference facilities.

Investors who wish to invest in this County have a better future prospect because the County is growing and the two key sectors at the moment, tourism and real estate have good returns.

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