Residential properties for sale in Tanzania
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Frequently asked questions about Tanzania real estate
What are the average real estate prices in Tanzania?
The cost of real estate in Tanzania is formed taking into account its location. In the center of megacities the price per square meter ranges from 2500 to 3000 euros.
On the outskirts of the cities and in small settlements for a square meter, owners ask from 800 to 2000 euros. Prices for elite villas and apartments can be 20-30% higher.
On the outskirts of the cities and in small settlements for a square meter, owners ask from 800 to 2000 euros. Prices for elite villas and apartments can be 20-30% higher.
Which cities are worth buying real estate in Tanzania?
For permanent residence you can consider Zanzibar or Mwanza. These locations have well-developed infrastructure and many places for family vacations. They are also suitable for renting out purchased property due to the inexhaustible inflow of foreigners.
What documents do I need to have to buy a property in Tanzania?
Foreigners need a valid passport to purchase a home. It is not necessary to present a visa and authorization from the authorities at the notary.
How much does it cost annually to maintain a property in Tanzania?
For an apartment or house of 80 meters square, owners pay about 1200 euros per year. This amount includes utilities and tax on ownership.
