Residential complex with a shopping mall and offices, Stone Town

Overview

A mixed-use complex in Kikwajuni, next to Stone Town, a UNESCO World Heritage site. Housing, retail and office space and service facilities on one site. Foreigners are allowed to own property. - Price from $118,000 (studio) - 1,143 apartments and the Infinity Hills Mall shopping centre - Studio: 36 m² of living space and a 10 m² terrace — from $118,000 - 1 bedroom: 72 m² and a 14 m² balcony — from $189,000 - 2 bedrooms: 100 m² and a 19 m² balcony — from $270,000 - The beach and Stone Town within walking distance, the GEMS Zanzibar international school nearby (1,500+ pupils) - Pool, fitness centre, shared lounge, walking paths, 24-hour security and maintenance - Rental management after handover is part of the offer - Payment: 5% at booking, 15% on signing, 8 quarterly payments of 7.5%, 20% on handover - Completion date to be confirmed - Land in Zanzibar is leased to foreigners on a long-term basis (leasehold); confirm the terms and length before buying. Yield and timelines are the developer's expectations, not a guarantee. Price from — for a 36 m² studio; 2-bedroom units from $270,000. 11–17% expected annual yield — the developer's forecast; depends on occupancy and unit type

Highlights

Mortgage

No

Location

Kikwajuni, Stone Town, Zanzibar, Zanzibar (Tanzania)

Legal and purchase notes

Prices, availability, yields and payment plans are subject to change. Any rental income or capital growth figures are illustrative and do not constitute a guarantee. Clients should obtain independent legal, tax and financial advice before making a purchase decision.