Hotel, Motels, Lodges and Apartment Accommodation in Kenya

Demand for hotel, residential housing and apartments in Kenya are fast outstripping supply due to the recent increase in population especially in urban centres.

Residences and apartment market is gradually picking up as most buyers and investors are putting in more developments in areas surrounding the city and outskirt in parts of Langata, Upper hill, Laxington, Muthaiga, Gigir and Spring Valley. The recent schemes include; sunset paradise apartments off Mombasa Malindi Road and Batian’s Peak Serviced Apartments on Argwings Kodhek Road

The demand for houses in Nairobi has continued to grow in line with the country growth at 2.4% and the banking institutions have contributed to the growth of private home ownership through mortgage financing.

The demand for residential homes on the outskirts of Nairobi is high surpassing the supply. Property values are set to gradually increase in coming years as more people are looking for places to call home and property is booming business. Residential estates in high demand include those in the locality of the UN headquarters such as

  • Gigiri
  • Runda
  • Roselyn
  • Muthaiga,
  • Outskirts like Karen

High-end rental prices in Nairobi have edged up the highest for instance; Knight Frank’s latest index that tracked 16 cities shows a four-bedroom executive house in an upmarket residential estate in the city is let at about $4,400 (Sh374, 000) per month. Landlords get about six per cent in rental yields for high-end house

There are many different financing options for residential homes both by mortgage companies, commercial banks and savings and credit societies. The banks fund different percentages depending on property location, whether it is residential or commercial

Banks that provide mortgage finance include;

  • Kenya Commercial Bank
  • Barclays Bank
  • Stanbic Bank
  • Standard Chartered Bank
  • Housing finance
  • Commercial Bank of Kenya
  • Diamond Trust Bank

The hotels , lodges and apartment accommodation is organised as follows;

Kericho Town
Kiambu Town
Kisumu Town
Kitale Town
Mombasa City
Nairobi City
Nakuru Town
Nyeri Town
Thika Town
Ndere Island National Park
Nairobi National Park
Mount Longonot National Park
Mount Kenya National Park
Kora National Park
Mount Elgon National Park
Mombasa Marine National Park
Tsavo East National Park
Tsavo West National Park
Lake Nakuru National Park
Accomodations for National Parks in Kenya