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  • KES529,999,992
  • (USD 4,000,000)
The Property`s Charm

The `Ol Choro Oiruwua` is a 17,000-acre
conservancy in the Mara Triangle which is
in the North Western corner of the Greater
Mara Ecosystem. Divided from the rest of
the reserve by the Mara River, the Mara
Triangle is less visited and less crowded,
often with many more game animals grazing
on the plains and the volcanic hills that
distinguish this corner of the Mara.

Enchanting Escape`s land has a 350-metre
waterfront on the Mara River, which is home
to hundreds of hippopotami and nile
crocodiles. It is also the scene where many
wildebeest and zebras fall prey to the
lurking crocodiles during the `Great
Migration` – itself one of the `Natural
Wonders of the World.`

The property is accessible both by road and
by air. It is a 5-hour drive from Nairobi; a 45-
minute flight from The Wilson Airport to
Ngerende airstrip. The drive from the
airstrip to the property is 15 minutes. The
property has little noise interference from
the airplanes taking off or landing.

The surrounding area is a breeding ground
for resident elephants and houses the only
Rhino Santuary in the Maasai Mara. The
santuary is a major attraction for the world
renowned celebrities, who are willing to
adopt the Rhino calves.

Night bush trails and game drives,
prohibited in the National Reserve, can be
arranged within the conservancy. The
Kenya Wildlife Service (KWS) rangers
provide security for these at a modest fee.

Because some of the animals are
`domesticated` by virtue of being resident in
the conservancy, visitors can take guarded
game walks freely in the wild.

Balloon safaris, restricted in the National
Reserve because of the noise pollution, are
allowed within the conservancy.

The escarpment within the conservancy is
perfect for sundowners. Watching the sun
set and the animals come out to feed and
drink at the watering-hole, makes the
perfect way to end the day.

Commercial Viability

Masaai Mara Game Reserve, home to the
Big 5, is one of the most frequented tourist
attractions in Africa. Famous for the
abundance of lion, the great wildebeest
migration, and the Maasai people, who are
well known for their distinctive custom and
dress, it is without doubt a magnificent
location for a hospitality industryplayer and
investor.

The land for acquisition is freehold. This far
advantages any investment in leasehold
property. Other property developments in
the area (e.g. Fairmont Hotels) pay a
minimum lease fee of KShs one (1) million,
to the conservancy per month. Furthermore,
unlike the National Reserve, run by the local
Narok county council, the land in the
conservancy belongs to the Maasai
community. Restrictions on development or
ownership are, therefore, eliminated.

The KWS have been primed on the possible
development on the earmarked property
and are supportive of same – they have
indicated support in writing. Approval from
environmentalists will be given on
submission and approval of the blueprints.

As a landowner within the conservancy, one
is automatically a stakeholder. Gate fees
are earned from the total revenue collected
from the Musaria gate. This is credited
directly to the the stakeholders` bank
accounts pro rata and in the ratio of land
held to total area. Ditto: landing fees at the
airstrip.

As a landowner in the conservancy, one
automatically becomes a member of the
Conservancy Trust Board and have a say
on development projects in the area.
Repositioning of the temporary Manyatta
settlements can be sanctioned if they
interfere with the aesthetics of any
proposed development projects. The
property presents an opportunity along the
lines of the Fairmont Mara Safari Club as
shown in the pictures and maps above.
Accessibility to local building materials and
labor, makes development of the property a
simplified task.

Mara Tourism

Nominated as a World Heritage Site, the
Maasai Mara continues to attract and grow
its number of local and foreign tourists, who
account for 10-15% of the country`s total
annual tourist-inflow.

The Kenya Tourist Board continues to
reposition Kenyan tourist destinations as
`high value,` attracting high-spending
tourists. This is paying dividends.

Statistical data, available up to 31
December 2010, shows that Kenya
recorded the highest number of tourists
arrivals ever - at just below 1.1 million,
earning KShs 73.68 billion in revenue. This
was a 15% growth in arrivals and 18%
growth in earnings, compared to the
previous year. This figure excludes the
cross border tourist arrivals which add up to
another 700,000. The 2010 tourism
performance surpassed the 2007 record by
4.5%, the latter being the best recorded
year in terms of arrivals and earnings.
2009/2010 were years badly effected by
election violence.

United Kingdom & United States lead in
terms of arrivals, followed by Italy and
Germany (2010 statistics). Uganda topped
the African market followed by South Africa
and Tanzania. India, Russia, China and the
Middle East showed great improvement
though little resources were put into
marketing, in these regions.

The data provided above excludes cross
border travel, Kenyan Diaspora returning
home and foreign experts working in the
country.
The Property`s Charm

The `Ol Choro Oiruwua` is a 17,000-acre
conservancy in the Mara Triangle which is
in the North Western corner of the Greater
Mara Ecosystem. Divided from the rest of
the reserve by the Mara River, the Mara
Triangle is less visited and less crowded,
often with many more game animals grazing
on the pl...

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