Investing in waterfront property, whether along a river, a serene lake or the expansive ocean can be gratifying. These waterfront properties are highly sought after and offer unique benefits others cannot match. Here’s an in-depth look at why you should consider investing in waterfront property and what to consider.

The Appeal of Waterfront Property.

Waterfront properties, which include land on the edge of rivers, lakes, or oceans, hold a unique allure due to their inherent beauty and tranquillity. The presence of water is universally associated with relaxation and life. These properties are highly desirable to people from all walks of life and are in high demand, contributing to their higher market value.

Limited Availability and High Value.

One of the main reasons waterfront properties are so valuable is their limited availability. Unlike other types of land, there is a finite amount of waterfront property, making it scarce and highly prized. This scarcity drives up the value, making these properties some of the most expensive investments, especially along coastal areas.

Commercial Opportunities.

Waterfront properties’ desirability and high value make them ideal for various commercial ventures, such as resorts, hotels, and recreational facilities. The scenic beauty and peaceful environment attract tourists and visitors, providing lucrative business opportunities. This commercial potential further enhances the appeal and value of investing in waterfront land.

Legal Restrictions and Protections.

Awareness of the legal restrictions and protections of owning waterfront property is essential. These restrictions are primarily in place to preserve the natural environment and ensure public access to national resources. Here are some key points to consider:

• Riparian Land: In Kenya, the land within 50 metres from the water’s edge (known as the high watermark) is considered riparian land and is under the jurisdiction of the Water Resources Management Authority (WARMA). This means specific regulations exist about what can and cannot be done within this buffer zone. This distance may vary depending on the size and location of the water body.
• Coastal Zones: Along the coast, a 60-metre zone from the high watermark is considered riparian land. This area is regulated to protect the coastline to ensure it remains accessible.

Government authorities, including the National Environment Management Authority (NEMA) or WARMA, oversee these regulations, ensuring that waterfront property is sustainable and environmentally friendly. 

One significant advantage of these restrictions is that they contribute to the long-term stability and protection of waterfront properties. Government agencies, private individuals, and neighbours often work together to maintain the pristine condition of these areas. This collaborative effort ensures that the environment remains protected and property values are preserved over time.

By investing in waterfront property, you benefit from a stable environment where the value of your investment is safeguarded against unsustainable development practices. This makes waterfront properties a secure and promising long-term investment.

Conclusion.

Investing in waterfront property offers numerous advantages, from its inherent beauty and tranquillity to its high value and commercial opportunities. Understanding the legal restrictions and protections can further enhance your investment by ensuring long-term stability and sustainability.

Our own search for a waterfront property led us to invest in the beautiful Rustling Dawn property at the front of Lake Elementaita. Are you seeking a valuable and rewarding investment? Then this waterfront property should undoubtedly be on your radar. The combination of limited availability, high demand, and rigorous protections makes it an excellent choice for personal enjoyment and financial growth. Get in touch with us for more information.

For incredible deals, reach out to Grand Acres by Goshen Acquisitions via WhatsApp or go to our website