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The Issue No 41 | ISSN 1821-7753 East Africa’s Ultimate Property Guide August 2015 www.darproperty.net FREE COPY Featuring Properties from Tanzania & Kenya

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Page 1: Darproperty august 2015 web

The Darproperty - August 2015 | 1

The

Issue No 41 | ISSN 1821-7753East Africa’s Ultimate Property GuideAugust 2015

www.darproperty.net FREE

COPYwww.darproperty.netFRFRF EEEEECOPOPO Y

Featuring Properties from Tanzania & Kenya

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2 | The Darproperty -August 2015

P.O. Box 1950 Dar Es Salaam, Tanzania+255 784 108 [email protected]+255 784 108 609www.twigacement.com

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”Tanzanias leading land & property broker”

Dar es Salaam

The Coast

Contact

Arusha

FOR RENTMasaki – 3 b/r

$ 4,000 / month

Dar es Salaam Arusha The Coast

Annabel Burdes

Partner Tanga / PanganiTel. +255 784 632 529

[email protected]

Anders Wehtje Raphael Nondi

FounderTel. +255 785 984 467

[email protected]

Manager Dar es SalaamTel. +255 717 032 633

[email protected]

FOR RENTArusha – 3 b/r$ 650 / month

FOR SALEUshongo – 2 b/rPrice on request

FOR RENTMbezi Beach – 3 b/r

$ 3,200 / month

FOR SALEMapinga – 20 acres

$ 212,000

FOR RENTOyster Bay - Offices

$ 20 sqm / month

FOR RENTNjiro – 5 b/r

$ 2,000 / month

FOR SALEKisongo – 5 b/r

$ 125,000

FOR SALEMaji ya Chai – 6 acres

$ 125,000

FOR SALEBeach – South of Tanga

$ 165,000

FOR SALERaskazone – 4 b/r

$ 495,000

FOR SALEUshongo – 6 acres

$ 250,000

www.tzagents.com

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Property of the month!Arusha – Kili Golf $ 495,000

Beautiful, spacious and high quality property at Kilimanjaro Golf & Wildlife Estate (www.kiligolf.com), 20 km from Arusha and Kilimanjaro International Airport. The 18 hole Championship Golf Course at Kili Golf has been designed by internationally renowned golf course designer David Jones and offers a globally unique experience! The house has a built up area of 485 sqm and hosts a living room with fireplace, big kitchen, safe-room, huge stores, 5 spacious bedrooms and 4 bathrooms. A lovely inner court yard adds further character and atmosphere. Generous verandahs are further features that contribute to the high standard of this property. A swimmingpool

provides the opportunity to cool off in the African heat. The house is being sold fully furnished with designed furniture (comes at a premium). Tanesco power with central over-power-protection and back-up batteries. Multi-filtered water from bore hole & harvesting provides drinking water. This house has everything one can wish for!

PHOTO PHOTO

PHOTOPHOTO

Arusha – Kili Golf $ 495,000

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MADE IN TURKEY 10 YEARS WARRANTY

ULTRAVIOLET (UV) PROTECTION

POSTA MOROGORO ROAD INDRA GANDHI STREET JUNCTION BUILDING NO: 13 P.O.BOX 75282 DAR ES SALAAM - TZ www.isikplastik.com.tr www.kaizenindustrial.co +255 222 110 617 +255 654 +255 765 524936524536

POLYCARBONATE MULTIWALL SHEETSPARKING - ROOFING – PROTECTING – VERANDA

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Alexandra Villas

Fully Furnished Villas available in Msasani Beach, near Mwalimu Nyerere &Regent Park Hotel

4 Bedrooms | Fully Furnished | 24hrs Security |

Swimmng Pool | GYM | Tarmac Road |

Call Now +255 715 242 425

MSASANI BEACH - DAR ES SALAAM - TANZANIA

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CALL US NOW!

+255 762 545 866 +255 684 425 142

NEWLY BUILT APARTMENTS AND VILLAS FOR SALE AND FOR RENT PROPERTY FEATURES: Ocean views or Private beach, Swimming pool, Modern kitchen appliances, Fully equipped gym, Air conditioning, Standby generator, 24hrs Elevator, High-end Security & CCTV cameras, Electric fence, Ample parking yard, DSTv connection, 24 hour Management service !

THE REEF APARTMENTS OCEAN WAVE APARTMENTS THE REEF APARTMENTS THE REEF APARTMENTS OCEAN WAVE APARTMENTS OCEAN WAVE APARTMENTS

LOCATION: Msasani Dar es Salaam, Old Bagamoyo Road, Plot 77B/2 (near Msasani Beach Club)

LOCATION: Msasani Dar es Salaam, Old Bagamoyo Road, Plot 389/1 & 2 (opposite JKT)

A MODERN AND SECURE HOME WITH A STUNNING VIEW

�����������������������

Email: [email protected] Email: [email protected]

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Rents Flat as Nairobi Luxury Property Fails to

Excite Market

Rent for properties in Nairobi’s luxury market has remained flat as prime clients such as multinational

corporations are reluctant to pay landlords more, property consultancy Knight Frank said.The Knight Frank Prime Global Rental Index shows that rents in Nairobi’s prime areas, with a monthly average rent of Sh427,000 ($4,270), did not increase in the first three months of 2015.The index looks at the top five per cent of the market across 18 major cities. For Kenya, research analysts at Knight Frank consider a luxury property to be a four-bedroom executive house in a prime location.Knight Frank Kenya managing director Ben Woodhams said budget limits by

multinational corporations, embassies and NGOs is one of the major reasons for the freeze in rents.“Expatriate staff have housing budgets, beyond which they must seek approval from their head offices for extra rental expenditure,” said Mr Woodhams in a statement.Insecurity has also resulted in tenants preferring houses in gated communities over stand-alone units.Knight Frank, however, said it expected rents would rise as more expatriates follow multinationals that are setting up shop locally and increased activity in the mining, oil and gas industries.“These will also likely boost uptake of luxury residential rentals,” says the Knight Frank

Prime Global Rental Index.A similar report by real estate consultancy Hass Consult, however, said there were marginal increases in Kenya’s property market over the first three months of the year.The Hass Composite Letting Index shows that rents in Kenyan suburbs increased by 1.4 per cent over the first three months of the year.“Rents rose in quarter one across all segments, but most strongly for semi-detached houses at 2.2 per cent, however, overall rent rises slowed down, subdued by stable asking prices for apartment rents, up just 0.4 per cent in quarter 4 2014,” said the Hass report for the first quarter.Source: Business Daily

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CONTACT US:+255 22 2181918. +255 22 2181941, +255 784 440272, [email protected]

Plot No. 84/36G Rashid Kawawa Road Opp. Biafra Play Ground Kinondoni

FEATURES: OfficesFully furnishedSwimming pool Modern kitchen appliances Fully equipped gym Air conditioning Standby generator Elevator 24hrs Ample parking DSTv connection High-end security & CCTV cameras 24 hour Management service

Make yourself at Home, Samsa Real Estates offers a personally inspected selection of privately owned,furnished accomodations for rent which includes everything quality,

heritage stlyed homes to luxury downtown apartments.

real estate ltdsamsa

“Where customer needs are fulfilled”

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15Repayment

period: Up to

Years

PurchaseConstructionRenovation

Individuals in formal Employment

Self-Employed Individual

DCB Mortgage Loan

DCB Commercial Bank Plc

For Loan application, visit our Branches

Terms and

Condition

Applies

The home of your dream

0784 210 358 0782 195 057 0787 353 873 www.dcb.co.tz

twitter.com/dcb2002 facebook.com/dcbbank2002?_rdr dcb-bank.blogspot.com/

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[email protected] | +255 718 195 495

OFFICE SPACEAVAILABLE

Along Nyerere rd, next to Dar Group Hospital - TAZARA

Ample Parking Space | Wireless Internet | CCTV Cameras | A/C | Security

Warehouse a total of 480 sqm, O�ce spaces from 360 sqm to 65 sqmShowroom space available for Banks and Big Shops

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These are conditions which recommended by the law that lead to the land revocations in Tanzania

• If there has been an attempted disposition of a right of occupancy to a non-citizen

• If the land the subject of a right of occupancy has been abandoned for not less than two years

• If any rent, taxes or other dues remain unpaid for six months after a written notice

Land revocation have effects to the owners as follows;

• The former land owner shall be compensated equally with the value of unexhausted improvements made

• All rights and interests in the land the subject of the right of occupancy shall revert to the President

• Any rent, taxes or other dues owing to the Government arising out of or attributable to the grant of the right of occupancy shall be extinguished

• All unexhausted improvements shall vest in the president

LAND RENT RATES FOR SELECTED

AREAS IN DSM

AREA LAND USE RATES PER M2

UPANGA

Residential 180

Commercial 900

OYSTERBAY

Residential 150

Commercial 750

MASAKI

Residential 120

Commercial 600

MSASANI

Residential 120

Commercial 600

ADA ESTATE

Residential 90

Commercial 450

MIKOCHENI

Residential 90

Commercial 450

MBEZI BEACH

Residential 75

Commercial 375

KIJITONYAMA

Residential 60

Commercial 300

KAWE

Residential 45

Commercial 225

Compiled by: Yusuph Mhando

[email protected]

LAND REVOCATION IN TANZANIA

It is obviously for many land owners in Tanzania to think that they have the right to occupy land without any

responsibility. Most of the land owners do not care about they limitation of land ownership tenure.

Land owners have many responsibilities during their tenure, for instance the development of the land and land rent payment in order to endure owning the land. According to the Land Act of 1999, all land shall continue to be public land and remain vested in the President as trustee for and on behalf of all the citizens of Tanzania.

President has power to take away any grant of right of occupancy for good reasons, this means that for a government to revoke the land there must be better alternative use of land for the benefit of citizens. Therefore president cannot do revoke unless the conditions prescribed by law for its exercise are fulfilled.

Land revocation is the process which must be known well by all land owners in Tanzania, because if they don’t understand it well, Might lead to some outcries.

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Do not take chances with yourReal Estate Investment.

Go for TBS approved products.

Tanzania Bureau of Standards -TBSUbungo, Morogoro / Sam Nujoma Rd

P.O. Box 9524 Dar es Salaam, TanzaniaTel: +255 22 245 0298 | +255 22 245 0206

Fax: +255 22 245 [email protected] | www.tbs.go.tz

We approve standards of all kinds of building materials.From Institutions and Individuals.

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REAL ESTATEThe ABCs of REAL ESTATE MARKET

Exculpatory clause a provision in a Mortgage allowing the borrower

to surrender the property to the lender without personal LIABILITY

for the loan.

example Abel buys land $100,000, paying $40,000 cash and gives

a $60,000 mortgage to the seller with an exculpatory clause. The

Market value of the land drop suddenly to $55,000 . Abel abandons

the mortgagee property, losing the $40,000 investment but keeping

everything else he owns.

Due on sale clause a provision in a Mortgage that states that the full

amount of the loan is due to upon the sale of the property.

example: Collins owes on a $200,000 mortgage loan against her

house at an 8% interest rate. She wants to sell the house to a buyer

who will assume the mortgage. The lender says that the $200,000

loan is due upon the sale of the house so it cannot be assumed by the

buyer . The lender adds that he will waive the due – on- sale provision

if the interest rate is escalated to 10%

Rate cap predetermine limits placed on adjustment to the interest

rate on an Adjustable –rate mortgage.life of loan

example: The interest rate on Sue’s loan cannot increase or decrease

by more than 2 percentage points when annually adjusted. Such

rate caps reduce the amount of interest rate risk absorbed by the

borrower of an ARM.

Valuable consideration A type of promised payment upon which a

promisee can enforce claim against an unwilling promisor. Includes

money, extension of time, and other equivalents for the grant.

Distinguished from good CONSIDERATION which may be love and

affection toward a relative, generosity, and the like.

example: A man promised to give certain land to a suitor of his

daughter, provided they marry. This was not considered valuable

consideration, so the suitor could not enforce it and he did not marry

the daughter.

Quitclaim deed a DEED that conveys only the grantor’s rights or

interest in real estate, without stating the nature of the rights and with

no warranties of ownership. Often used to remove a possible cloud on

the title. Contrast with general warranty need.

example It is discovered during a title search that a certain property

was at time held by a partnership that later abandoned the property.

To obtain a marketable title, the current owner obtains quitclaim

deeds from all partners in the old partnership.

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Price:

Ksh. 16 M

th4 Floor, Nginyo Towers, Koinange St.

Tel: 020 222 5338, 0735 126 839, 0726 790 685, 0728 992 531P.O Box 19018-00100, Nairobi

Email: [email protected] Website: www.lionsproperties.co.ke

CHESAN APARTMENTS are elegantly designed 3 bedroom luxury apartments located in

Kileleshwa along Gatundu Road. It comprises of 56 units

within an acre of land.

KILELESHWA

ChesanChesanAPARTMENTS

Starting at

3 Bedroom master en suite with SQ

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A modern, self-sufficient housing complex in Msasanii, Dar es salaam. Each apartment

unit consists of 4 bedrooms ensuite. There is also an extra study/office room which can be used for any purpose. 2 rooms also have a large viewing balcony including access to the rooftop where you can have a view of the ocean.

LUXURY AMENITIES:

•24 hours security •Water •Household waste collection •Compound lighting •Gymnasium and swimming pool maintenance •Parking •Data and Intercom hardware maintenance •24 hours CCTV surveillance •Entrance video recognition •Guest Parking •Backup generator and maintenance

AMArate Residence

NOW AVAILABLE FOR RENT

+255 782 786 999/ +255 712 786 999 [email protected], [email protected]

OPENING SOONA modern office complex that is expected to be ready soon in the heart of the city. Adjacent to Morogoro Road, along the corner with Msimbazi. Be halfway to everywhere and escape the traffic to both Masaki as well as Nyerere Road.

Al-falahBUSINESS CENTER

+255 782 786 999/ +255 712 786 999 [email protected], [email protected]

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Rest in Absolute Comfort

Experience LuxuryIn the heart of the Business District

NEW AVON HOTELThree delightful Accomodation choices to choose

from. Each room includes high speed WiFi and a

flat screen TV among other amenities. Choose

from a wide selection of delicacies from our room

service menu and bask in extreme relaxation at

the A1 Spa

0768 002866

0688 002866

0658 [email protected]

[email protected]

NOW AVAILABLE FOR RENT

Non Partitioned

Partitioned

Regent Business Park

240 SQ M, 270 SQ M, 120 SQ M and 50 SQ M Available

Location: Behind Shoppers Plaza Mikocheni

+255 782 786 999/ +255 712 786 999email: [email protected]

World Class furnished apartments with an amazing view of the Indian Ocean located conveniently in the heart of the business district along Samora Avenue.

DETAILS AND AMENITIES:

• 3 and 4 bedroom Fully Furnished apartments• Panoramic Ocean view• Secure Parking• High speed elevators• 24 Hours Security• Common Area Surveilance • Near the Port• Standby Generator

NOW AVAILABLE FOR RENT

OCEANFRONT SUITES

+255 782 786 999/ +255 712 786 999

[email protected]

+255 784 202 212/ +255 789 199 511

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Well I know the heading is catchy and you were drawn to read this hoping the content will clasp, bless and

complement the heading,….phew…..I hope you will not be disappointed. Now…now…., where do I begin! Well at 30, I still have a few good years left to be “outstanding” – but “old” is creeping up; but it’s not just me either, because here is a dark secret you didn’t know: you are getting old too. So, I sat down and said why not share with the young lads how to get into real estate investing, despite some of the disadvantages we have. Well before going further let’s touch on the disadvantages real quick:

No money – let’s not fool ourselves most youth have no what is termed as “money”. You could be working and have pocket change but you do live salary to salary.

Minimal life experience – I know, when I was 23 I thought I knew a lot. I didn’t. In fact, I didn’t know anything. Now today, at 30, I think I know everything. Haha,I don’t.

PS4 and XBOX 1 are so alluring – Let’s face it – sometimes all we want to do is play some video games, hang out on facebook, do a bit of twitter, click on wema sepetu’s new post on instagram, go to mlimani city and wonder around and visit perhaps samaki samaki

Chasing girls (or guys)– From the moment puberty hits, boys and girls of the young persuasion have a strong need to find that “special someone” and spend all their time together. After that, come the kids that require every waking minute. That doesn’t leave a lot of time for investing. See?

No financial education – When we were doing “kidumu na mfagio” schools plus blessing “maua ya saa nne” with water, at class we did not get any financial lessons. I mean we were not taught on how to manage our money or the importance of saving the little we have. The same is the case to date.

YOuthS INveStINg INReaL eState

Despite the foregoing disadvantages, I intend to point out in this article what I believe are the five reasons as to why Tanzanian Youths should invest in real estate. Despite the foregoing disadvantages, I intend to point out in

this article what I believe are the five reasons as to why Tanzanian Youths should invest in real estate.

Real Estate

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Well ladies and gents, to be frank, one of the most frequent advices that can be given to the youth when it comes to investment is starting young. And just because, the advice is so frequent, most of us tend to forget that it is actually the BEST advice that you can get especially for the present day employed and professional youth. The youths of today have a lot of opportunities and the world or rather the environments provides for professional and financial growth.

Why is starting young so important?Well the answer is not rocket science at all. By the sheer luxury of time that youth has on hand in terms of the period of investment, the risk appetite is multiplied several times which in turn leads to investments that by design are high risk, high returns. In all honesty, starting young means you have a lot scope for distributing your investments over a long period of time, ultimately leading to a substantial increase in the net amount invested. Moreover, starting young means your money has that more time to grow and hence, higher returns.

While this common wisdom has had many young investors coming into the market, investing largely in equities and debt instruments, real estate continues to be an area that most are hesitant to venture into. The demand of houses and the booming of real estate in Tanzania make it ideal for young investors to venture in. Before drifting further from our heading, lets address that now, the 5 reasons as to why real estate should be preferred by the youth.

1. An Inflation Resistant Investment Any reasonably experienced economist will tell you that those real estate investments are an almost guaranteed way to get around inflation. You see real estate is growing market, more so because of the rapidly shrinking supply of land. You only have to go house hunting in a city like Dar es Salaam or Arusha or the hip- Dodoma to know the extent of land shortage in the country. A shortage supply logically means a growth in market and so long as this shortage persists, the market shall not slow down. The core point here is a careful market research before investing into the real estate. You can hardly expect your money to grow exponentially if

you chose to invest your money in a landed property in remote areas. The point is that investment in real estate can be an excellent strategy for the young investors to get past inflation. The essential corollary is proper market research and careful consideration before investment.

2. Affordable Option Oooh Yes, you read it right. Contrary to the popular perception, investing in real estate is actually one of the more affordable options with banks funding up to 80% of the cost. Young investors are expected to pay fixed installments over years which in effect amount to purchasing an asset at a lower cost, whose value is bound to appreciate while the investor’s own income too keeps rising.

3. Tangible Assets This is not exactly an objective benefit but may hold significant importance in several cases. Unlike in the 90’s when owning house marked a definite landmark in one’s life, young investors can now enjoy the benefits of a tangible asset pretty early on in their lives. If the property is a residential one meant for personal purposes, the obvious benefits are manifold. The key is to be prudent with your money and invest as soon as you possibly can. And while investing in real estate, always remember, an aware investment is the only safe investment and a thorough market research is very important.

4. SafetyWell real estate is safe, how so? When you invest in real estate especially at a young age there is that “cloud of safety” or the “safe haven” you have by the time you are aged and your friend is an arm chair and a glass of Dodoma wine and you are collecting rents. Apart from your pension you could have the little extra to live a comfortable aged life. Investments in real estate, residential and commercial properties are found to be lucrative and much safer since they are completely insured in contrast to those in gold, stocks and mutual funds. Youth are always a best option to avail the home loans. They are still young with no financial liabilities or burdens. Such people will always be serious towards the loan repayment and this is what all the banks and other financial institutes obviously look forward to. Youth are definitely encouraged to make good use of the situation and Dar es salaam kind of cities will offer a lot in

return through this investment too. Some of the younger generation that chose to buy a property while young will clear the loan quickly and there is further more chance to buy the second property in addition too. Also, availing loan while young will turn you into serious towards your professional career besides providing the greatest financial security for the family in addition too. Indeed the above should go towards convincing youth to invest. However there is no one specific investment strategy to help you achieve your goals. As a young Tanzanian you can take inspiration from most famous and successful investors. Take an example of Jonathan Liebmann, a 29 year-old South African Real Estate developer, CEO of a company called PROPERTUITY. He is the brains behind the construction of the Maboneng Precinct, a thriving cultural district in the east side of Johannesburg. Once labeled neglected and deteriorating neighborhood abandoned industrial complexes, Liebmann transformed Maboneng into a vibrant urban mixed-use community complete with Art galleries, artist studios, retail spaces, offices and artist studios. Take another inspiration from Kimiti Wanjaria, a 30 year-old Kenyan founder of SERENE VALLEY PROPERTIES (SVP), a Real Estate development company in Nairobi that constructs and sells residential properties to Kenya’s ever-growing middle class. SVP is behind the development of Sigona Valley project, a $4 million gated residential community outside Nairobi.

It is wise to draw inspiration from the above individuals but you must realize there is no get rich quick scheme or only one successful investment strategy. Even the best financial experts often disagree on what is the best approach or when to get in or out of the markets. Sir John Templeton once stated, “Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.”

Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. the time of maximum pessimism is the best time to buy, and the time of maximumoptimism is the best time to sell

““

Sunday godfrey [email protected] author is an associate with aBC attORNeYS of Dar-es-Salaam, tanzania and an arbitrator with the tanzania Institute of arbitration and Young International arbitrators (YIag)-London. For more articles please visit www.abcattorneys.co.tz or email the author at [email protected]. or [email protected]

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chokoleinvestmentl i m i t e d

chokoleinvestmentl i m i t e d

Mikocheni, Garden Road, Dar es Salaam, Tanzania. +255 786 924373, +255 658 924 373Mikocheni, Garden Road, Dar es Salaam, Tanzania. +255 786 924373, +255 658 924 373Mikocheni, Garden Road, Dar es Salaam, Tanzania. +255 786 924373, +255 658 924 373Mikocheni, Garden Road, Dar es Salaam, Tanzania. +255 786 924373, +255 658 924 373

Worry Free - Money BackGUAR ANTEE

CALL ON US NOW!

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CLASSIFIEDS

3 bedrooms Apartment, 24hrs, parking space, Standby generator,

Gym, Fully furnished+255 652 360 101

Hotel with Deluxe rooms at Mangoweraarea Mtwara on a plot 3031 sqm.

Situated in Ungindoni , 5 bedrooms,3 bathrooms, servant’s quarters and garage

0685 215737 | [email protected]

Mjimwema 4 bedrooms, two bathrooms,large kitchen dining room, servant’s quarters,

0685 215737 | [email protected]

House for rent in Masaki 6 bedrooms,+255 754 526 535

KILWA

Beach PlotThe area is 35 Acres - Kilwa Masoko

+255 784 454 245

SALE $2M

MBEZI B

EACH

3 bedrooms (2 master)Fully AC, Servant Quarter(Studio Apartment)

Ample car parking Garden0787 04 04 01 / +33 760 034 054

RENT $1250

BUNJ

U A

One storey semi finished with 4 self contain bedrooms, 1,475 SQM plot with

clean 99 yrs title deed near st consolata complex +255 759 339 495

Office block Vat Inclusive, plus service charge

+255 754 526 535

3 bedrooms Apartment, 24hrs, parking space, Standby generator, Gym, Fully furnished

+255 652 360 101

3 bedrooms Apartment, 24hrs, parking space, Standby generator, Gym, Fully furnished

+255 652 360 101

3 Bedrooms, Kitchen, Dinning, store, Tarmac road

+255 717 076 761 | +255 764 878 814

SALE $200,000

3 bedrooms Apartment, 24hrs, parking space, Standby generator, Gym, Fully furnished

+255 652 360 101

GERE

ZANI

MIKOCH

ENI A

RENT $12/sqm RENT $ 1500

KIGAM

BONI

RENT $600Land for sale - Ideal for petrol station

or transport / logistics company - 7000 SQM 0787 528745

Babecov complex office space on the mandela rdbuguruni sheli with ample parking space

ideal for shops and office use0713 497 604

newly constructed apartment for rent at mbezi beach,24 hours security accessible to tarmac road

0777 667 115 / 0715 667 115

LIST YOUR PROPERTY HERE FOR ONLYTSHS 30,000/= VAT EXCL.

simply call 0767 200 [email protected]

MTWAR

A

RENT $750 P.M

KIGAM

BONI

Located in Nyamhongolo3 rooms, self contained,

+255 755 722 222

RENT 300,000/

MWANZA

150meters from Kilwa road 3.5 Acres. Pwani Mwalusembe, Ideal for commercial purpose

+255 757 442 620 | +255 788 113 096

SALE TSHS 18M.

MKURA

NGA

BUGU

RUNI

RENT $15

RENT $6000 Vat Inc.

MASAK

I

RENT $ 1500

MIKOCH

ENI A

RENT $ 1500

MIKOCH

ENI A

OYSTE

RBAY

RENT $ 6,000

KIGAM

BONI

RENT $500 P.M

CONTACT: 0783 377 098

$650,000

SALE $420,000

KIBAH

A

MBEZI B

EACH

RENT $650

SALE $600,000

MLANDIZ

I

Oysterbay near goat race grounds,6 bedroom with bathrooms,

fully airconditioned, servant quarter,0717 520 111/ 0685 441 505

Petrol station and unfinished buildingsKIBAHA Morogoro rd.

2518 SQM space is for sale or rent 0786 637 992/ 0688 538 804/ 0758 302 686

RENT $ 1500

MIKOCH

ENI A

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MY BEACHOld Bagamoyo Rd. opp Yuasa auto impexP.O BOX 105200. Dar es SalaamTel; +255 22 2701710

NIKUZE REAL ESTATE AGENCYMorogoro RoadP.O Box 10032 Dar Es SalaamTel: +255 789/754/715/ 363 800Email: [email protected]

PHOTO & CO.ESTATEKahama Road/Msasani peninsulaP.O BOX 105121 Dar es Salaam.0786 962 444Email; [email protected].

PROPERTY CONSULTANCY & SERVICES LTD2nd Floor Kevin House - Samora AvenueP.O BOX.7152 - Dar Es Salaam+255 22 2120402, +255 713 690 [email protected]

PRESTIGE PROPERTIESPhone: +255-713-764-447/ 0767471293Tel:+255-22-266-4373Email:[email protected]

TANGANYIKA ESTATE AGENTSVillage Walk, close to Sea Cliff Hotel+255 717 032 [email protected]

TRELD COMPANY LTDP.O BOX 7656 Dar es SalaamLocation Msasani Peninsular off toure drive+255 732 222 888, +255 716 777 [email protected]

ARUSHA AWESOME HOMES AND PROPERTIES. Shanti House,Plot 58 Block E Sokoine RoadP. O. Box 249 Arusha, [email protected]+255 754 337 899 / +255 786 337 899

HOMES & PROPERTY AGENCIES LTDLand Surveyors & Property ManagersP. O.Box 10079 ArushaBoma Rd. Arusha0787 [email protected]

TANGANYIKA ESTATE AGENTSShoprite Complex,+255 785 984 467 [email protected]

ZIPO HOMESRivergardens Business Park, Rm 4P.O Box 20 Usa River, Arusha+255 787 474 580/+ 255 754 320 [email protected]

MWANZAESTATEMwanzaestate.com+255 714 245 [email protected]

Zanzibar - properties.comTel: +255 774 44 19 07Hotel Marine - Malindi Zanzibar

ABLA ESTATE DEVELOPERS & AGENCY CO.LTDMikocheni Opposite Shoppers PlazaP.O BOX 3810, Dar es SalaamTel +255 22 2772506E-mail: [email protected]

CHINESE PROPERTY AGENT TRANSLATORMsasani Road, MasakiEnglish Chinese TranslatorDealing with your chinese clientsms 0756 50 11 [email protected]

GIMCO ESTATE AGENCY LTDSamora Ave, NIC Investment Hse,P.O BOX 8382 Dar es salaam Tel +255 22 2120988Mob +255-784 900041

GOLDBERG COMPANY LTDReal Estate & Mining TradeP.O. Box 22159 Dar es SalaamOld Bagamoyo Rd, Mikocheni B,0715 270 517 / 0754 270 [email protected]. goldbergtz.com

HAMPTONS PROPERTIES TZHaidery plaza - 1st fl oorupanga/kisutu streetP.O.BOX 6547 [email protected],[email protected] 204083/ 0784 323133

NEW DAY PROPERTY AGENCY COMPANYMwinyijuma Road - Kinondoni,Room no.84, UVCC Complex+255 753 645 434, +255 717 035 552+255 767 575 758www.facebook.com/ raymond samson Laizer

KEY REAL ESTATE SOLUTIONSRegent Chwaku North UrsinoTel: +255 22 27016740715 053 803, 0786 053 803,0754 28 46 84mariam@keyrealestatesolutionstz.comwww.keyrealestatesolutionstz.com

Real Estate AgentsDirectory in Tanzania

DAR ES SALAAM ARUSHA

MWANZA

ZANZIBAR

ENHANCE YOUR VISIBILTY & CREDIBILITYGET LISTED HERE WITH YOUR LOGO

Tshs. 48,500/= Monthly / Tshs. 500,000/= Annually+255 784 23 89 62, 0688 75 18 68 | [email protected]

+255 756 960 960, +255 714 444 250, +255 752 444 606.

ARUSHA +255 653 005 530, MWANZA +255 653 005 535,

[email protected] TZREALESTATE.CO.TZ

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ARUSHA

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A&L.................................................................22AL-FALAH................................................34&35ALEXANDRA....................................................10AVIC TOWN.......................................................5BERGER.............................................................38BOA BANK...........................................................1CCEC..................................................................1&4CHANDARANA..................................................45CHESAN..............................................................30CHOKOLE...........................................................41CHUDASAMA......................................................30CRDB.......................................................................3D&S......................................................................29DCB.......................................................................19DELINA.........................................................12&48ELEGANT..............................................................21FNB........................................................................11HAMIDU CITY PARK............................................27IVORY TOWER.......................................................9JAMII FORUMS.....................................................47KAIZEN....................................................................8LAMUDI.................................................................31LONGONOT GATE.............................................28MASUMIN.............................................................23MEK ONE..............................................................20OGILVY AFRICA ..................................................17PRL.................................................................32&33REEF APARTMENT.................................................14REMAX.............................................................1&13SAMSA ................................................................18SIMBA CEMENT.....................................................1TANGANYIKA ESTATE....................................6&7TBS........................................................................25TEMEKE PLAZA...................................................15TWIGA CEMENT.................................................2

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PublisherDarproperty Tanzania

Editor In ChiefLarson Chumi

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Business Development & ProductsAbdallah MugasaYusuph MhandoJaneth Samwel

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This magazine is registered by the government of United Republic of Tanzania under the newspaper Act no. 3 of 1976 and the Postmaster General. Registration No. 00005562

The Darproperty is published by Darproperty Tanzania Company. All rights reserved.The contents and opinions expressed herein are not necessarily the representation of publisher’s view. All material published is deemed to originate from the author and will not accept any liability whatsoever in respect that have been sourced from contributors. Users are required to make their own judgement on the details contained in each advertisment. While every caution is taken in compiling the contents of this magazine, the publisher will not accept any liability for the effects arising thereof. No part of this publication will be reproduced with out written consent from Darproperty Tanzania Company.

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