Plot of land For Sale Kiwengwa Ad:1020394

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Tanzania > Zanzibar North > Gulioni

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TZS2,595

(USD 1)

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Plot of land
For Sale
Gulioni
Tanzania
Phone
urbanreality.co.tz/

The plot is situated in Kiwengwa in prime location within close proximity of a number of high class
resorts. Kiwengwa area is among the best and higly valued location for resort/hotel development in
Zanzibar.
ABOUT PLOT:
The plot measures 20 200 m2 (2.02 ha)
The seaside measures 126,20 meters.
The plot is characterized of flat and gentle slope terrain toward the sea. The plot situated on a cliff site
hence naturally protected against any soil erosion.
The property is easily accessible all year round. Again, it is also characterized with lush natural
vegetation, which among other things, provides both cool natural breezes and acts as wig breaker during
the north-east trade winds period locally known as kaskazi wind bined with clean air, natural
vegetation wall and spectacular sea view, the property is just stunning and exciting.
The land is fenced.
The plot is legally settled. All ownership documents are available. A valuation report has also been
prepared for the plot.

WHY INVEST IN ZANZIBAR?
Investing in accommodation in Zanzibar is currently very advantageous for several reasons, especially
due to the rapid growth of tourism and supportive government policies. Here are the main benefits:
1. Rapid Growth of Tourism
Zanzibar is experiencing a huge increase in the number of tourists. In 2024, the island welcomed 736,755
international visitors, a 15.4% increase compared to 2023. The target for --(Phone number)-- ,000 tourists) was even
exceeded in 2024!
• High Occupancy: Hotels achieved a remarkable 92.4% bed occupancy in December 2024. The total
annual occupancy in 2024 was 64.3%.
• Growing Demand: This increase in demand for accommodation creates huge opportunities for
investors in hotels, holiday rentals, and other types of tourist accommodation. Many tourists prefer
private villas or apartments over hotels, which increases demand for rentals.
• Market Diversity: The main visitors are Europeans (especially Italians, French, Poles, Germans, and
Britons), but interest is also growing from African countries, India, and China.
2. Attractive Investment Potential and Returns
• Property Appreciation: Property prices are constantly rising, with an annual appreciation of 5-7%
across the island and even higher increases in luxury beachfront locations (10-15% in prime areas like
Nungwi, Paje or Kiwengwa).
• Rental Yields: Estimated annual rental yields range from 8-10%+, with some prime or beachfront
locations potentially reaching 10-15%.
• Low Initial Prices: Compared to other popular tourist destinations, property prices in Zanzibar are
still relatively affordable, allowing investors to acquire lucrative properties at more favourable prices.
3. Favorable Government Policies and Stability
The government of Zanzibar actively supports foreign investment and creates a favorable environment for
it.
• Stable Political Environment: Tanzania and Zanzibar are very politically stable, which reduces risk for
investors.
• Investment Incentives: There are special investment incentives (e.g., under ZIPA Zanzibar
Investment Promotion Authority) and the 2023 Investment Act, which support foreign ownership of up to
100% with residency permit benefits.
• Infrastructure: Ongoing investments in infrastructure, such as the expansion of Abeid Amani Karume
International Airport (which can now handle up to 1.3 million passengers annually), are making Zanzibar
more accessible and attractive.
4. Natural Beauty and Attractions
Zanzibar is known for its beautiful white sandy beaches, turquoise waters, and rich culture and history.
• Tourist Magnets: These attributes attract a wide range of tourists seeking relaxation, water sports
(like kitesurfing in Paje), ecotourism (healthy coral reefs), and cultural experiences.
• Consistent Demand: The island`s natural beauty ensures consistent demand for holiday homes and
accommodation facilities.
5. Diversity of Investment Opportunities
Zanzibar offers a wide range of investment opportunities, from affordable apartments to luxurious villas
and land.
• Growing Number of Projects: New residential projects are being developed, attracting investors
looking for a second home or a profitable real estate investment.
• Sustainable Development: There`s also a growing emphasis on sustainable and eco-friendly
development, appealing to environmentally conscious investors.
Would you like to know more about specific locations or types of properties in Zanzibar that would be
suitable for investment?
Contact us!

CONTACT

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URBAN Reality

Sales Agent
Ingrid Urbanova

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