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Zanzibar is actively developing, and one of the brightest growth points today are the areas of Nungwi (northwest of the island), the pearl of Zanzibar with untouched beaches and year-round rest.
Turquoise water, white sand is an ideal place for relaxation and diving. the beach is a 10-minute walk (600 meters) from our complex.
Nungwi is a magnet of tourist demand!
Tourism and activity:
• One of the most popular areas of the island. The year-round influx of tourists increases the liquidity of real estate and the stability of rental income.
Rent and income:
The average occupancy in high season reaches 90%, the average rental price of hotels and apartments is from $ 80-120 per day.
Apartments yield from 12-15% per annum with the right management model.
Property prices:
• Over the past 2 years, growth has been more than 35%. Now studios by the ocean start at $84,000 and continue to grow.
Infrastructure:
• Nungvi is the center of attraction: restaurants, cafes, beach bars, diving centers, active events.
💰Prices: from $98,000.
💵Terms of payment:
1) At 100% payment: 5% discount
2) When paying in installments:
- 40% down payment.
- 60% installment (quarterly).
*Payment quarterly without interest for the construction period full repayment - until December 2029.
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