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Land prices in affluent towns like Diani and Watamu skyrocketed by 70 per cent. [Courtesy]
Kenyans seeking to acquire property in the affluent Coastal neighborhoods will now have to pay double the price they paid before Covid-19. This is after land prices in affluent towns like Diani and Watamu skyrocketed by 70 per cent since the world's worst pandemic in 2020.
A new report by Hass Consult on Coastal land price index cited natural beauty as the top driver of the price growth. By end of 2025, an acre of land in Watamu was valued at an average of Sh34.97 million, while Diani was averaged at Sh35.98 million.
The index covering 12 Coastal towns found that fastest price growth were in areas where beaches were widest and had natural beauty.
