Hemingways Watamu Hotel. [Photo/Jovago]
Hotel chain Hemingways Collection will officially open the sale of Watamu Residences, a new private development of 21 luxury apartments at the Coast, on Friday.
The prices for the houses range between Sh45 million and Sh140 million.
The beginning of the sale will coincide with the re-opening of Hemingways Watamu Hotel. The hotel was closed last year for refurbishment.
The luxury apartments feature three, 16 and two units of one-, two- and four-bedroom respectively.
HemingwaysCollections is selling the one-bedroom units at Sh45 million each while a four-bedroom unit is priced at Sh140 million.
The two-bedroom apartments range between Sh60 million to Sh85 million, where value varies depending on its square feet size.
The hotel chain is targeting the Kenyan upper middle class and high net-worth international individuals.