

Frequently Asked Questions

LV Marina is a privately governed mixed use, mixed income master planned community spearheaded by GulfCap Real Estate. LV Marina is set to transform the landscape of Kisumu and the wider East African region.
The 276 acre development will include luxury waterfront villas, bespoke apartments, affordable homes , state of the art social infrastructure including schools and hospitals - a light industrial centre, a commercial & retail hub featuring malls, hotels, theme parks and a well outfitted convention centre.
Location
LV Marina is strategically located five minutes from Kisumu International Airport along the Kisumu - Busia Road and 10 minutes from KIsumu CBD.
Project Value
The project is valued at KES 120 Bn.
Total Size and Scope of the Development
LV Marina covers over 275 acres, divided into 11 precincts, including residential, hospitality, commercial, light industrial, tourism, retail, and social infrastructure zones.
Who is LV Marina designed for?
LV Marina, is East Africa’s iconic master planned community designed for homeowners and investors who want more than property, they want legacy.
Infrastructure construction is currently in its early stages, with Phase 1 projected to be completed within approximately three years. We will continue to provide regular updates as the development advances.
Residential
Hospitality & Tourism
Retail & Commercial Centers
Light Industrial
Cultural & Conference Precinct (MICE)
A formal Expression of Interest (EOI) form and precinct specific investment decks are available upon request. Onboarding begins with a due diligence and business alignment session.
Returns vary based on precinct, timing of entry, and capital deployment. Early investors and developers are positioned to benefit from first mover advantages in a derisked, high impact growth node.
Opportunities range from land lease and joint ventures to equity stakes, and co-investment models, depending on the precinct and investment scale.
Select anchor tenants and developer discussions are already underway in the housing, tourism, and retail precincts. Specific announcements will follow after final agreements.
Core infrastructure rollout is in progress, including roads, power, water, and broadband readiness. The precincts are being designed to be self-contained, sustainable, and interconnected.
This initial phase will feature a residential master planned waterfront overlooking Lake Victoria. This will include luxury waterfront villas, Townhouses, Masionettes and urban apartments, as well as a modern school, retail centers, hotel, and recreational spaces.
Blending lifestyle, convenience and long-term value in a secure, sustainable ecosystem, more than a destination, it’s a legacy in the making.
Revamped infrastructure construction including advanced roads, landscaping, urban parks neighbourhood enhancements, and street lighting significantly establishing the urban realm.
Advanced progress in residential projects construction marked by the rollout of urban apartments, villas and Town houses setting the stage for vibrant, livable communities.
Yes, an Affordable Housing Program (AHP) dubbed LV Point is envisioned as part of the master plan. LV Point has been annexed for the state in line with the government’s housing program, to ensure inclusive access and community integration.
To reserve a unit, simply fill out the reservation form on our website. One of our Property Advisors will reach out to guide you through the next steps. Live in LV Marina
Yes, we offer flexible payment plans. You can pay 20% as a deposit and the remaining balance in installments. Please contact our Property Advisors for more details on payment options.
The price is subject to change based on market conditions, but we will honor the price at the time of your reservation. We recommend securing your unit early to lock in current prices.
Some customisation options may be available depending on the stage of construction. They include finishes and layouts. For more details, please contact our Property Advisory team.
While we strive to meet the estimated completion date, any unforeseen delays may affect the project timelines. We will provide you with updates and work hard to minimise any delays.
In addition to the purchase price, buyers should anticipate costs such as stamp duty, legal fees, service charges once the selected residential section is completed. We will provide a breakdown of all potential costs upfront.
Selling or renting out the property may be possible once certain milestones are reached. Our Property Advisors can provide more details.
We will provide regular updates via our website and monthly newsletters on construction milestones, expected timelines, and any important information.
Yes, we will offer property management services for those who prefer a hands-off approach. Our team will handle property management services, e.g., maintenance, rent collection, 24 hour security services etc.
The expected ROI will depend on market conditions and product type. We can provide you with a detailed investment report and projections based on current trends.
There are no restrictions on who can purchase; however, we will require proof of financial capacity to ensure that buyers can complete the purchase and adhere to payment schedules.
Site visits are available by appointment. Please contact our Property Advisors to arrange a viewing of the construction site and surrounding area.
GulfCap Real Estate, Kenya’s largest and award-winning developer, is renowned for lifestyle- focused and environmentally sustainable projects. Its portfolio includes transformative developments such as 289 InCity Suites, Buxton Point, and Starehe Point, setting benchmarks in luxury living, mixed-use spaces, and eco-friendly urban design.
GulfCap remains a key player in Kenya’s real estate landscape, driving economic growth and empowering communities.
GulfCap has won numerous awards, including environmental and architectural awards, and was recognized as The Most Promising Affordable Housing Developer in Africa by African Union for Housing Finance.
You can view past developments and testimonials from previous buyers on our website and social media.
LV Marina is East Africa’s iconic waterfront master planned community designed for homeowners and investors who want more than property, they want legacy. With private governance, institutional grade transparency, and public infrastructure alignment, this is a secure entry into Kenya’s emerging blue economy corridor.
It’s a bold and rare opportunity designed for discerning and elite clientele, including local and diaspora investors to own a stake in Kenya’s next iconic destination. From private residences and signature retail to high end hospitality, marina access, and world class amenities, every precinct is designed to offer prestige, and long term value within a secure, sustainable ecosystem.
LV Marina will be a premier MICE and leisure destination, placing North and South Rift regions on the map for conferences, exhibitions, and cultural events, aligning with the county’s vision for inclusive economic transformation.
LV Marina will be a major engine for job creation in Kisumu and the broader Lake Region Economic Bloc, generating thousands of direct and indirect employment opportunities across construction, hospitality, logistics, tourism, retail, and creative sectors, while empowering local talent and SMEs in a fast growing regional economy.
For further inquiries or assistance, please contact our sales or customer service team at
+254 745 474747
lifestyle@gulfcapre.com
