How Charcon Properties Is Shaping The Kisumu Real Estate 25 Years On

When you run a quick search of “Real Estate In Kisumu” or “Properties In Kisumu”, a lot of property options come up from varied sources. But what is rarely talked about are the key real estate companies redefining the previously dormant property market. These are the players involved in property development and construction, property management, property agency, related professional services as well as other firms far up the value chains.

One such company is Charcon Properties Limited. A real estate giant whose impact and influence is way bigger than its actual name. And today, Valuable Brands Kenya  explores how strategic this firm’s tentacles in the real estate space affect your life in some way, shape or form.

Establishment of Charcon Properties Ltd

The company was incorporated in 1999 symbolically ready to usher in a new milenium and with it, an opportunity to shape the real estate market in the Lake Region and therefore unlocking many incredible property investments for investors to leverage on in their wealth creation journey. It started off offering a wide array of services cutting across the sector such as property management, relocations, renovations, asset valuation, estate agency, project management, land development consultancy and as time went by, Charcon properties Ltd refined their value proposition and now 25 years later, they literally have become a behemoth that you cannot afford to ignore!

A quick run-through their website and you can easily tell their unwavering belief and commited focus on their clients and stakeholders. The vision for instance is to provide real estate solutions that meet global standards and constantly aiming at satisfying their customer needs with a priority on forging long term relationships with other players in the space. It is further important to note that the company not only has a dominance in Kisumu but also is present in other Kenyan cities and towns like Nairobi, Mombasa, Nakuru, Eldoret among others.

Well, now that we have learnt a thing or two about how far the company has come, let us now explore the role it plays in shaping the lakeside city for the future.

Hospitality Industry Portfolio

Charcon Properties has invested heavily not only in the commercial property development space but also in running a restaurant chain spread across the city. One of the most iconic hotels in the region and perhaps the biggest in terms of accomodation facilities; the Grand Royal Swiss Hotel nestled on the hilly RIAT area along the Kakamega Highway forms part of this growing property portfolio affiliated to the Charcon Properties brand. The hotel boasts of some of the most luxurious townvillas, the biggest conference centre, lush green lawns for outdoor events and over 200 bed capacity for you and your team whenever you visit this beautiful city!

Apart from this hotel are other restaurants such as the Royal City Hotel Kisumu based within the larger Central Business District offering you unparalleled convenience, the Royal City Garden Hotel Kisumu found at Milimani and lastly the Royal City Hotel – Dubai Complex located at the Dubai Complex at Nyamasaria.

While you may think this is all they have to offer you as far as the hospitality sector is concerned, then you are mistaken because attached to the Grand Royal Swiss Hotel are Luxurious Villas dubbed “The Grand Swiss Suites” guaranteeing exclusivity and the ultimate feel at home experience. Even more interesting is the fact that the company opened up the development to outside investors who bought the villas and are now earning passive income everytime guests check in!

An incredible cashflow machine right?

Property Management Portfolio

Many real estate companies are involved in property management at some scale but non enjoys the kind of marketshare that Charcon has especially in the Kisumu region. With a great number of commercial rental developments in the city under management such as the:

• ✅Lake Basin Mall at Migosi along the Kisumu Kakamega Highway,
• ✅Dubai Complex,
• ✅Central Square Building Kisumu
  ✅Center Court
  ✅Guilders Plaza
  ✅Kondele Business Centre that houses Shivling Supermarket and Equity Afya Hospital.

• ✅EcoBank Chambers
• ✅EcoBank Westminister to name afew for commercial and
• ✅Kiambere Villas,
• ✅Tamrind & Amboseli Gardens,
• ✅Plato Apartments in Nairobi as a representative example in the residential space.

Property Development Portfolio

If the other services have defined the Charcon Properties brand to what we know currently, then the property development is ushering the company into its illustrious future and cementing its position as the go-to real estate company at the forefront of shaping the landscape in Kisumu.

See the various properties and projects currently offered for sale at various discounts here:

Just to mention afew development in the pipeline include:

1. The Lake View Homes which is a controlled development that promises you an exclusive estate project to be developed around the RIAT area giving you access to highend living less than 10 minutes from the CBD and wordclass amenities benchmarked on the 4-star hotel. The Lake View Homes majorly consists of 3 bedrooms villas. Fortunately for early investors, you can purchase your plot and develop later as the project progresses. For details click here
2. The Swiss Homes is another landmark project development by the Charcon Properties company that will be developed within the expansive Landbank on which the Grand Royal Swiss Hotel giving investors yet another opportunity to own a piece of the highly profitable hospitality sector with the option of staying or signing up the units up as vacation rentals hence earning investors passive income. To check the property click here.
3. The Kisumu Medical Plaza is a commercial development that is earmarked to be an all in one medical specialty facility to built near the famous Jaramogi Oginga Odinga Teaching and Referral Hospital in Kisumu City. The facility is set to be host over 110 office suites with a minimum plinth area of 9,000 square feet per floor in total spanning 7 floors with provisions for outpatient, Bank & ATM, Restaurant, Pharmacy, Laboratory, Radiology rooms etc on ground floor. Besides this, the first to the 6th floor will offer office suites, Main theater among others. For more details, click here.
4. The Kisumu Waterfront City that is a mixed use development touching the majestic Lake Victoria beachfronts giving investors a luxury experience.

In conclusion, as Charcon Properties Ltd continues to soar to the skies with every new property signed up and developed, and so does the real estate in Kisumu rise up with it as well.