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Zanzibar, East Coast of Africa, 26.000m2 on the coast

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Size 26 000 m²
Special offer Investment projects

We purchased the right for land in 2005, at micro site called Michamwi in Zanzibar, Tanzania; The land in Tanzania is acquired for the period of up to 99 years, with the first lease rights usually for 33 years;

Centrally located on the east coast of Zanzibar, facing west at Michamvi,   this breathtaking stretch of shimmering white sand and crystal clear turquoise water, is considered to be one of the finest beaches along the Eastern Coast of Africa. Diving, deep sea fishing, spear fishing, whale watching, and water sport facilities can compare to the very best the world has to offer.

We are looking to sell our company with rights for the land and the hotel project or to find a partner for construction and joint investment. In that regard, we are sending you some photos of the place;

the project has a permission for a 4 star hotel, but any upgrade to higher class is welcomed by authorities;

As for some details, please note that our plot is officially around 26 000 m2, it has 5 bungalows built (in accordance with the plan that was approved);

there are three water wells in the possession, electricity, all the licenses and approvals, and very important a tarmac road all the way from Stone town (capital of Zanzibar) - 70 km from the international airport;

The length of the beach belonging to the plot is around 300 m, which is very hard to find;

The majority of hotel and resort investors are from abroad, i.e. Italy, Belgium, UK, States etc; there are many known names in tourist industry, like Serena Group, Hilton, Fairmont Group, Istithmar Group – Dubai, Neptune Group, recently Hyatt, Four seasons, Best Western etc;

 it is a very popular tourist destination which for the last two years has been one of the top ten destinations in the world. Tourist season is all year through as the weather allows constant swimming; Tourists are coming from all over the world as it is usually the package for the end of safari in Tanzania and Kenya;

 

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PRONOVA REAL ESTATE

Slobode no. 64,
Podgorica, Montenegro

+382 20 230 116
+382 69 300 775
+382 67 011 311
+382 67 029 129

[email protected]