Weather Icon
 

Real Estate Development

Application Form for Small Islands

Download our Application Form.

Real Estate Development

Demand for real estate for residential, industrial and commercial purposes is on the rise in Zanzibar. According to a 2017 Africa Report by Knight Frank, Tanzania and Zanzibar make one of the few African countries that have maintained more than 5% GDP growth for the last five years, and is experiencing growth in private consumption and investment. With a burgeoning middle class and improving income levels, there is increasing local demand for real estate. With the island’s strategic location, and with non-national investors allowed to own property in Zanzibar, demand has increased exponentially opening more opportunities in the sector.

INVESTMENT OPPORTUNITIES
  • Luxury and low cos Housing estates and apartments
  • Commercial buildings
  • Shopping malls
  • Mixed use developments
  • Development of mini cities
  • Construction of Exhibition and Convention Centre (PPP)
  • Construction of ZIPA Business Tower through concession arrangements