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Naivasha among world’s property hotspots

Posted by Nulands on May 23, 2017



Naivasha is among emerging markets’ leading real estate hotspots, says a new report. According to the report, published by global property portal, Lamudi, Naivasha features among emerging cities across Asia, Africa, the Middle East and Latin America that are filled with opportunities for those looking to invest in property.

The report hails Naivasha for attracting a number of key developers into the region, saying the tourist attractions in and around Naivasha, such as Lake Naivasha, Hell’s Gate, Aberdare Hills and Longonot National Park, have led to the town’s development as a preferred getaway location, increasing demand for holiday homes in the area.

“With an environment conducive to both business and leisure, in addition to the availability of land, this year will see growth in residential, commercial and industrial real estate investment opportunities in Naivasha,” it says.

Lamudi’s list of top investment hotspots in the emerging markets is based on market trends, infrastructure developments and attractive commercial, residential and industrial real estate opportunities.

It says Colombo in Sri Lanka is currently undergoing a dramatic transformation.

“Driven by Sri Lanka’s economic growth and infrastructure development, there has been greater urban migration towards Colombo, as well as a number of wealthy Sri Lankans moving back to the city following the end of the country’s civil war, leading to demand for both luxury and affordable housing,” the report says. Next comes Cartagena in Colombia because of the city’s ports, airport’s close proximity to the Caribbean, Florida and Panama. It describes Cartagena as a key investment spot.

“Renowned, international companies are putting down roots in Cartagena, taking advantage of Colombia’s 48 trade agreements and strategic location. Not only is it an industrial hub, Cartagena’s tourism industry is thriving, with world class hotels investing in expansion in the city,” it says.

It says investment in Jordan is primarily concentrated in real estate, financial services and tourism, and the country’s third largest city by population, Irbid, has a number of attributes that create attractive opportunities for real estate investors.

“Considered the cultural capital of Jordan, Irbid is home to a number of universities, including Yarmouk University, the Jordan University of Science and Technology, and a number of businesses related to these institutions. Furthermore, the city acts as an important transportation connection between Amman, Syria and Mafraq,” the report says.


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