darproperty january 2016

The Darproperty - August 2015 | 1The Darproperty - January 2016 |1

The

Issue No 45 | ISSN 1821-7753East Africa’s Ultimate Property GuideJanuary 2016

www.darproperty.net FREE

COPYwww.darproperty.netFRFRF EEEEECOPOPO Y

Featuring Properties from Tanzania & Kenya

2 | The Darproperty - January 2016

”Tanzania´s leading land

& property broker”

Dar es Salaam

Tanga / Pangani

Arusha

FOR RENTOyster Bay - 3 b/r$ 2,900 / month

Arusha Tanga / Pangani

Annabel Burdes

Partner Tanga / Pangani

Tel. +255 784 632 529

[email protected]

Anders Wehtje Raphael Nondi

Founder

Tel. +255 785 984 467

[email protected]

Manager Dar es Salaam

Tel. +255 717 032 633

[email protected]

FOR SALENduruma – 4 b/r

$ 115,000

FOR SALEUshongo Beach – cozy

$ 225,000

FOR RENTMasaki – 4 b/r

$ 4,000 / month

FOR RENTMbezi Beach – 3 b/r

Price on request

FOR RENTKipawa - Warehouse

$ 7 / month

FOR RENTNjiro - 4 b/r

$ 1,000 / month

FOR RENTMoshono – 4 b/r$ 1,000 / month

FOR SALEEndurance Estate – 3 b/r

$ 500,000

FOR SALEStahabu – 5,6 acres

$ 120,000

FOR RENTPangani – 6 acresPrice on request

FOR SALETanga – Central hotel

$ 695,000

www.tzagents.com

Contact

Dar es SalaamDar es Salaam

Property of the month!Moshono – High standard - $ 300,000

High quality property for sale in Moshono, Arusha. Located in quiet neighbourhood together with quite a few other high standard properties.

4 bedrooms – 2 of these ensuite. 2 of the bedrooms have outdoor access / entrances. Open floor plan kitchen / dining- / livingroom. Livingroom with

8 metres to the ceiling provide open and “airy” feeling. Well kept, green and mature garden on plot measuring 750 sqm. Splendid Mt Meru views. Staff

quarters (1 room) and separate WC, shower and laundry area for staff. Water both from kijiji and the municipal. Tanesco power (luku meter) and prepared

for back-up generator. Parking for 3 cars. Walled compound. Clean title deed with 90 years remaining.

PHOTO PHOTO

PHOTOPHOTO

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]


With demand for real estate in Nairobi sending property prices soaring on the back of rapid urbanisation,

nearby counties are also seeing an uptick in activity as developers look to channel funds into satellite cities and commuter towns.Advertised land prices in Nairobi’s nine fastest-growing suburbs have increased five-fold since 2007, according to the Hass Property Index, issued by local real estate firm HassConsult in partnership with asset management firm Stanlib. Growth was the most pronounced in the Upperhill and Kileleshwa neighbourhoods, where prices soared by 789% and 614%, respectively. Land in Upperhill is now the most expensive in the city, averaging KSh470m ($5.01m) per acre.“The pressure on land prices is caused by the inherently limited supply of land close to key city centre clusters,” said Kenneth Kaniu, chief investment officer at Stanlib, quoted in the report.However, the rise in prices has led to a slowdown in new project announcements as developers consider more carefully the cost of potential transactions, Farhana Hassanali, the CEO of HassConsult, told OBG. “The price of land is essentially pegged to its development potential, and we are seeing many parcels of land sitting on the market for longer periods of time,” Hassanali explained. “It is likely we will see some correction in prices, or at least a stalling in their rise.”

Filling the gapIn addition to the limited availability of land, high housing demand has also contributed to the rise in the cost of house and apartment sales and rentals. Residential property prices rose by 8.3% year-on-year in 2014, with apartment prices increasing 13.2%, according to HassConsult data.The single-largest contributor to the rise has been the increased demand for middle-income and affordable housing in Nairobi, with official estimates putting the need at 200,000 units annually. Reducing the housing deficit is a priority for the government, which has recently pledged to construct 300,000 affordable housing units by 2017. The jump in property prices has attracted significant interest from the banking sector, prompting the Kenya Bankers’ Association (KBA) − the industry’s umbrella body − to launch in February 2015 its own house price index (HPI) for measuring and monitoring the sector’s development. Despite efforts to grow the mortgage market in the country, it remains severely undeveloped, with most estimates placing the total number of mortgages across the country at about 20,000. Analysts cite high interest rates and low wages as obstacles to the growth of the sector.

Farther afieldThe upward trajectory of Nairobi’s property market is leading to knock-on effects in surrounding areas. Among the larger planned developments in the region include Migaa, a 774-acre master-plan city located in Kiambu

county, about 30 km from downtown Nairobi, that is being developed by Home Afrika and is set to include a hospital, golf course, museum as well as retail and commercial space.In a separate development, Konza Tech City − a government initiative to develop a “green” satellite hub 60km south of Nairobi in Machakos County − will house the country’s IT and education industries when built. One of the first master-planned projects announced was Tatu City, which when completed, is expected to include 2500-acre, mixed-use, development in Kiambu county, about 30 minutes from Nairobi city centre. Nevertheless, the proliferation of satellite cities and commuter towns is likely to increase in the coming years, Njoroge Ng’ang’a, group CEO of Home Afrika, told OBG, but will be reliant on concomitant improvements in transport links. “The biggest obstacle limiting township developments is the current state of infrastructure,” Ng’ang’a told OBG. “Connectivity is key. Improved roads, as well as new projects like the proposed commuter rail lines, are essential for the successful development of the satellite cities, which if executed correctly will open a whole new class to home ownership in KenyaShared from: OBG.

NO SIGN OF KENYA’S PROPERTY MARKET RUNNING OUT OF STEAM

“The pressure on land prices is caused by the inherently limited supply of land close to key city centre clusters,”

15

DCB Mortgage LoanNyumba ya ndoto yako

DCB Commercial Bank Plc

Inawezesha Kununua NyumbaKujenga Nyumba

Kukarabati Nyumba

Mahususi kwa Walio Ajiriwa na Wajasiriamali

www.dcb.co.tz

Marejesho hadi miaka

0784 210 358 / 0782 195 057 / 0787 353 873Tupigie

Mkopo rahisi hadi

Shs. Milioni 500/-


One of the worst things about selling a home is handing over some of the profit to a real estate agent in

the form of a commission. After all the 6% commission means $30,000 is gone right off the bat on the sale of a $500,000 home. But you don’t have to see any money go to a real estate agent if you sell your home on your own. DIY home selling isn’t for everybody, nor is it easy, but if you possess certain traits you could save a lot of money. From having a knowledge of the market to maintaining top notch organizational skills, here’s a look at four traits you need in order to succeed with a sale by owner transaction.

Market KnowledgeSome of the main reasons you hire a real estate agent is because they understand the market, know how to set the price and are

well versed in all that comes with selling a home. But it’s not rocket science. Thanks to the Internet anyone can learn about their local real estate market, granted if they are willing to invest the time. That means searching for comparables or similar homes that recently sold, marketing the property and making sure it is priced right. Go too high and it can sit on the market. Price too low and you are leaving money on the table. A good real estate agent is going to be able to do all of the above plus have access to potential buyers. A good DIYer follows the same strategies when selling his or her home. To price it right, sellers can spend the money for an appraisal or they can look at what houses in their area with the comparable square footage and amenities sold for and price it around that.

Spread the Word About Your Home for SaleNo matter how accurately you price your home, it won’t matter if no one knows it is for sale. That means you have to possess the ability to spread the word about your sale. That means using social media, placing ads and literally spreading the word to anyone you meet. Yes, you want the “for sale” sign prominently displayed in your front yard but you also want to list it on the Internet or even in the newspaper to reach as many people as possible. After all, the more people see your home the quicker it will sell for.

Organization Skills Are Top NotchIf you did your job right and price the house correctly and spread the word as much as possible, chances are you are getting a lot of calls about your home. This is where top

DO YOU HAVE WHAT IT TAKESTO SELL YOUR HOME?


notch organizational skills come in. On top of keeping the house neat and the property maintained, you have to return would-be buyers phone calls, set appointments to see the home, and then be available whenever they want within reason. One of the worst things a DIY home seller can do is be unreachable to buyers. People are quick to move on to the next property when they can’t get access to the home.

You Can Weed Out the Good From the BadOne of the quickest ways to slow down the sale process is choose a buyer who ultimately can’t close the deal. It’s a frustrating and costly situation for the seller. Once there is a contract the house goes off the market, shutting out potential buyers. With the

DO YOU HAVE WHAT IT TAKESTO SELL YOUR HOME?

mortgage process taking so long that can easily mean three months the house is off the market if the deal doesn’t go through. Because of the risks, home sellers have to be able to weed out the good buyers from the bad ones. Going with a buyer who is preapproved as opposed to prequalified is a good start. Preapproved means the borrowing process has begun and the lender qualified the borrower based on a mortgage application and supporting documentation. Preapproval can be done online or over the phone, and it gives buyers a ballpark idea of how much they can qualify for. Down payments and the conditions attached to the mortgage also matter and need to be weighed heavily. If all things are equal, the best bet is to go with the home buyer offering the biggest down payment with the fewest conditions to getting the mortgage.

That shows their seriousness and commitment to buying the home. A buyer with no down payment loan could be at riskier bet. All of this requires the ability to investigate and analyze offers to ensure you choose the correct one.

The Bottom LineEverybody wants to get the biggest profit from the sale of their home but not everyone is going to be able to do it on their own. There is a reason there are so many real estate agents: it’s not an easy job. But if you want to go it alone you better make sure you have certain characteristics. Not only do you need to be market savvy, but you have to be organized, accessible and at the same time possess the ability to market the property.

Real Estate

No matter how accurately you price your home, it won’t matter if no one

knows it is for sale.


Deputy Minister for Lands, Housing and Human Settlement Development Angelina Mabula, speaking at her

familiarisation tour of Watumishi Housing Company (WHC) in Dar es Salaam recently, said the process of reducing VAT on houses was at an advanced level and will be tabled in the next budget.“A lot has been done on the issue of VAT on houses by the special task force at the Treasury office. We continue to make close follow-up on the matter to ensure that the low income earners’ dream to own decent homes at an affordable price is realised,” she said.Ms Mabula urged WHC to consider establishing new projects in the rural areas to cater for the high demand of decent houses for public servants, an incentive that will attract many others to work in the remote places.

Tanzania is estimated to have a housing deficit of three million units and growing at a rate of 200,000 units per annum.The National Housing Corporation (NHC) estimates that Tanzania needs around 200,000 units annually worth Sh19 trillion to meet the demand.In his welcoming remarks, the WHC Chief Executive Officer (CEO), Dr Fred Msemwa said by reducing VAT on houses, more houses will not only be bought but also investors in the real estate will invest in massive projects.“The move to slash VAT on houses will have a positive impact on the sector with more projects executed, allowing the government to collect more property and land taxes,” he said adding that WHC has already constructed about 768 houses.He named the regions with the housing units in brackets as Tanga at Pongwe area (40),

Mwanza at Kisesa Township (56) and Dar es Salaam which will receive the bulk of the houses to be built in Kigamboni (400), Bunju (190) and Magomeni Usalama (104).At Magomeni Usalama project, WHC is set to build two flat buildings with 15 floors each. Besides Dar es Salaam, Morogoro, Tanga and Mwanza, other regions that will benefit from the construction of the low cost houses are Dodoma, Ruvuma, Mtwara, Mbeya, Kigoma, Mwanza, Shinyanga, Arusha, Tanga, Lindi and Coast.It is in Coast Region where WHC is set to radically change the face of Kibaha Township by launching a massive project to build 1,000 housing units in what will be a satellite town aimed at warding off the town’s residents commuting to Dar es Salaam for shopping.Written by: The Dailynews

GOVERNMENT CONSIDERS REMOVING VAT ON HOUSES

Tanzania is estimated to have a housing deficit of three million units and growing at a rate of 200,000 units per annum.

courtesy NHC

REAL ESTATEThe ABCs of REAL ESTATE MARKET

Dragnet Clause a provision in a mortgage that pledges several

properties as Collateral, potentially including newly acquired

property owned by the borrower. A default on one mortgage

constitutes a default on the one with the dragnet.

Example: A real estate investor was in fi nancial straits. She failed to

pay a certain Mortgage. The holder of the on a different property,

which was not in default, enforced the dragnet clause in its mortgage

by foreclosing.

Master Lease a controlling Lease. Contrast with sublease. Note that

one cannot grant a greater interest in real estate than one has: so if

a master lease is for a 5-year term, a sublease cannot legally exceed

5 year.

Example : Abel leases 10,000 square feet of retail space Baker Baker

then sublease the space to 5 different tenants. The lease between

Abel and Baker is the master lease.

Mortgage Relief acquired freedom form mortgage debt, generally

through assumption of mortgage by another party or debt retirement.

In a tax- free exchange, mortgage relief is considered boot received.

In many foreclosures, where the property is the sole collateral for

the loan, or the borrower fails to pay anything in addition to the

real estate, the transaction is treated for tax purposes as a sale for

the mortgage debt. If the taxpayer’s basis is less than the mortgage

relief, the difference is a taxable gain. See short sale. See short sale

Example: Hank owns a building with a fair market value of

$100,000 and an adjusted tax basis of $50,000. It is encumbered

by a $40,000 mortgage. Hank exchanges the building for land with

a fair market value of $60,000 and the other party assumes Hank’s

$40,000 mortgage. The total value Hank receives is $100,000. Hank’s

realized gain is $50,000, but for tax purpose he need recognize only

$40,000 for the amount of mortgage relief.

Example: Eric owed $650,000 on a home upon forecloses. The lender

accepted the home as full payment of the debt. Because his tax basis

of the home was $400,000 a $250,000 gain is realized, but may be

excluded from taxation if the home was his principal residence.

Exposure (Financial) the amount that one may lose in an investment:

the unprotected portion.

Example: The property worth $1 million was insured for $750,000,

leaving an exposure of $250,000.

Exposure ( Market) the advertising , whether free or paid of property

that is for sale.

Example: Real estate agents provide market exposure through such

devices as:

• Classifi ed ads in local papers

• For sale signs on the premises

• Inclusion in multiple listing service

• Displays in their offi ce

“Mwanza’s most leading property agent”+255 767 245 779

www.mwanzaestate.co

6 Bedrooms 7 Bathrooms Air condition Swimming poolHot water

3 Bedrooms 360 Balcony4 Bathrooms Near main roadAmple parking area

5 Rooms, Conference Hall, Main road located, 2 Kitchens Strong room,generator room

3 Bedrooms Garden3 Bathrooms Lake viewBasement

3 Bedrooms 2 BathroomsAmple parking Wire fenced

3 Bedrooms 2 BathroomsFencedAmple parking

4 Bedrooms Security guards4 Bathrooms Lake viewAmple parking area

3 Bedrooms,1465 Square meters, Ideal locationNear town

3 Bedrooms Servant quoterNear town1493 Square meters

900 Square meters Fully fenced Located by the main road

1500 Square meters 4 bedroom house includedNear main road

546 Square meters Nyerere road

1 Acres Lake shoreAccessibleNear Jembe Beach

2 BedroomsNear Hindu Mandal hospital

Self contained 10 bedrooms,sold with furnitures3 bedroom house behindthe lodge.

Bedrooms, furnished,near town

FOR RENT - Bwiru OFFICE FOR RENT - Mwaloni FLAT FOR RENT - Ilemela FOR RENT - Capri point

FOR RENT - Buswelu FOR RENT - Capri point FOR RENT - Nyegezi FOR SALE - Capri point

FOR SALE - Capri point PLOT FOR SALE - Igogo GODOWN FOR RENT - Igogo OFFICE FOR RENT-Nyerere rd.

FOR SALE - Luchelele FOR SALE - Buswelu FOR RENT - Capri point FOR SALE - Isamilo

$4000 $2200 $1000

Tshs. 340,000/=

$400

Tsh. 420,000/= $600$350

Tshs. 160m $3600 $4000

Tsh. 290m $300/ $800

$1000 $1000

$1000 $300,000

$250,000

Tsh150m

A double storey GUESTWING in a secure and neat compound. Living Room, Dining Room, 2 Bedrooms, 2 Bathrooms (1 Ensuite), Cloakroom & Kitchen.

A spacious double storey house on ½ acre in this secure residential area.

Bedrooms, Cloakroom & Kitchen. Garage, 2 Staff Rooms.

MUTHAIGARUNDA MIMOSA TO LET: )egrahc ecivreS( =/000,5.shsK .htnom rep =/000,041.shsK

Ref. 52

TO LET:Kshs.400,000/= per month.

Ref. 69

A delightful and beautifully presented double storey house set in ½ acre of

Bedrooms, 4 Bathrooms (2 Ensuite), Cloakroom, Kitchen & Terrace. Garage, Generator Room, Laundry Room, 3 Staff Rooms.

A 0.5 acre plot located in this secure & developed part of Runda Estate.• Level plot.• Services available.

A modern and secure FOURTH FLOOR APARTMENT conveniently situated in a development of 15 at the junction of Kabete Lane & General Mathenge. Lounge, Dining Room, 4 Bedrooms, 3 Bathrooms with bide (2 Ensuite), Cloakroom, Kitchen & Utility Room. Swimming Pool, Inverter for power backup, 1 DSQ, 2 Car Parks.

A prime FREEHOLD plot for development of MULTISTOREY FLATS. – 0.759 ACRE. There is a delightful old style house which will sadly be lost.

RUNDA – RUAKA DRIVE

RUNDA – BENIN DRIVE

LOWER KABETE – OFF GENERAL MATHENGE DRIVE

LAVINGTON, OTHAYA ROAD

FOR SALE:Kshs. 93 Million.

Ref. 59

FOR SALE:PRICE GUIDE:Kshs. 42 Million.

Ref. 12

FOR SALE:Kshs. 38 million.

Ref. 47

FOR SALE:PRICE GUIDE Kshs. 250 MILLION

(Offers Invited)Ref. 73

A FREEHOLD plot of 0.786 OF AN ACRE with an old style house. AN IDEAL PLOT FOR THE REDEVELOPMENT OF TOWNHOUSES.

LAVINGTON, O WASHIKA ROAD

– OFF ISAAC GATHANJU ROAD

FOR SALE:PRICE GUIDE: Kshs. 190 Million.

(Offers Invited)Ref. 74

Located close to the Sarit Centre, the CBD and schools, a spacious DUPLEX in a secure compound. Living & Dining Room, Family Room, 4 Ensuite Bedrooms, Cloakroom, Laundry Room & Kitchen. Can be sold fully furnished.

A well presented double storey house on 1 ACRE of mature garden in

6 Bedrooms, 5 Bathrooms (4 Ensuite), Kitchen & Cloakroom. Double Garage, Laundry Room, 2 Staff Rooms & Sauna. AVAILABLE 1ST SEPTEMBER 2014.

WESTLANDS FOR SALE:Kshs. 45 Million.

Ref. 77

RUNDA TO LET:Kshs.350,000/= per month.

Ref. 52

A cozy house on ½ acre of mature garden in this secure part of Runda Estate. Living Room, Dining Room, 4 Bedrooms, 2 Bathrooms (1 Ensuite), Kitchen & Study. Includes 2 Ensuite Guestrooms.

RUNDA – OFF RUAKA ROAD

FOR SALE:Kshs. 100 million.

Ref. 10

A double storey house in a development of SIX each with private compound. 2 Living Rooms, Dining Room, TV Room, 4 Ensuite Bedrooms, Study, Kitchen (includes dishwasher, electric oven, hob and extractor). 1 Staff Room.

LOWER KABETE FOR SALE:Kshs. 80 Million.

Ref. 48

A stunning 10.4 acre Freehold plot on Miotoni road, close to the Ngong Road junction. Masses of beautiful trees and an old double storey house. Frontage to a dam. A VERY IMPORTANT DEVELOPMENT SITE.

FOR SALE:Price Guide Kshs. 640 Million (Offers Invited)

Ref. 104

KAREN, MIOTONI ROAD

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!

CLASSIFIEDS

Plot for sale located at Morogoro CBD - Boma rdsurveyed location Plot size 2977 SQM+255 754 310 583 +255 786 088 600

4 bedroom house800 square meter 1 min from main road

300 yards from the beach.+255 655 323 286

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

KAWE B

EACH

4 Bedrooms, 3 self-contained,Servants quarters, parking space and security.

0784 630 182 / 0787 555 911

RENT $1500 3 Bedroom apartments

Fully furnished, Swimming pool, Gym,standby generator, security

+255 684 468 468

MASAK

I

4 Unfurnished bedrooms atMasaki Haille selassie

0754 526 535

Showrooms & warehouses available along the nyere road new complex

+255 684 468 468

3 Apartment in one compound2 bedrooms self contain. 2 gates

Easy access to harbour and city center.+255655323286 [email protected]

Three bedroom apartment block with swimming pool.Located in Mbezi Beach Tangi Bovu,

near Shamo Towers+255 716 777 999

Office space to LetMorogoro and Bibi titi Road.

0789 865 933 / 0788 44 04 66

RENT $5,000

Beach Plot Kigamboni Mbutu (Kichangani)Dar es Salaam Size 3.83 Hectres with title deed.

+255 767 422 258

MIKOCH

ENI A

SALE Tsh 260m

CITY C

ENTR

E

RENT

Shreeji Tower3 bedroom fully furnished

+255 715 000 642

500m behind Shamo park at Goigi Bagamoyo road. Clean title, 900 sqm, main water supply,

three phase power connection. 0715 686 051

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

simply call 0767 200 [email protected]

SALE 100,000,000/=

MOROG

ORO

A fully furnished 4 bedroom 3 bathroom eco houseelectric fence, garden, parking, 24 Hr Security

0713 856 962

$1,500

MIKOCH

ENI B

Beach plot for sale near Millennium Hotel100 meters from the ocean with

government offer of 35 years0754 310 137 / 0713 451 395

SALE $177,000.

BAGA

MOYO

RENT $6000 Vat Inc.

MASAK

I

SALE $2m

KIGAM

BONI

MBWEN

I

SALE $84,000

SALE TSHS 400m

SINZA

MBEZI B

EACH

SALE 360m

MLANDIZ

I

Plot for rent TangaWell fenced more than 30 acres plot at kasela.

0754 324064 0754 529 829

Plot for sale located at Kimbiji Moris,43 km from ferry,

230m from kimbiji beach, Area 3.3 acres.0787 992 455/ 0714 633 499/ 0715 283 803

RENT

CITY C

ENTER

Property ideal for Restaurant cum Bed andBreakfast, Accessible by Tarmac road

0767 120 250/ 0787 120 250/ 0712 722 502

RENT/Joint Venture

MBEZI S

ALA S

ALA

SALE TSH 55m

KIGAM

BONI

RENT

UPAN

GA

RENT

NYER

ERE R

OAD

RENT

3 Bedroom house Sinza kwa Remmy nearThe Place Fast Food Restaurant

288 SQM (NEGOTIABLE)+255 767 422 258

SANAWARI - MATAA3 Bedrooms

0754 021 962 / 0787 021 962

SANA

WARI -

ARUS

HA

RENT 600,000 /MONTH

MBEZI B

EACH

SALE $600,000

TANGA

CLASSIFIEDS

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

Gym, Fully furnished+255 652 360 101

Plot for sale located at Morogoro CBD - Boma road surveyed location

Plot size 2977 SQM+255 754 310 583 +255 786 088 600

Plot size 1985 SQM+255 766 888 333

+255 716 444 888 +255 766 100 100

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

MIKOCH

ENI B

3 bedroom, one master bedroom, inbuilt wardrobes, continuous water supply.

Suitable for both residential and office use0713 228 931

RENT $1,000 Petrol station and unfinished business buildingslocated at mlandizi area in coastal region

with ample parking space is for sale or rentat negotiable price

0786 637 992/ 0688 538 804/ 0758 302 686

KIBAD

A

Plot for sale at Kibada, 765sqmBlock 15 near main road with the title deed

0713 803 069

Coastal Region, Tanzania, (Mkuranga)4.5 acre plot with 100 metres of beach front,

70 km south of Dar es Salaam [email protected]

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

The plot has a coverage area of more than 20 acresWhich is close by to Mtwara Port

0754 324064 0754 529 829

SALE TSH 40m

Tegeta Mivumoni, 1600sqmPlot for sale at Tegeta, Mivumoni. no title deed

0713 803 069

MIKOCH

ENI A

RENT $ 1500

MTWAR

A POR

T

RENT Land for sale - Ideal for petrol station

or transport / logistics company - 7000 SQM 0787 528745

5 bedroom house for rent at Ungindoni Kigamboniwith large compound, servant quarter and garage

0685 215 737 Office Space to Let at Azikiwe Street near NMB Bank.+255 788 440 466 / +255 789 865 933

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

simply call 0767 200 [email protected]

SALE 100m

NO PHOTO

NO PHOTOMOR

OGOR

O

Rose Garden Big house with swimming pool,fully furnished, generator, cctv camera,

24 hours security and electric fence 0784 999 245/ 0756 501 137/ 0717 537 737

RENT $6000

MIKOCH

ENI

3 bedroom Apartment located in Mbezi Beach Tangi Bovuswimming pool, ample parking, 24hr security.

0716 777 999

SALE $ 600,000

MBEZI B

EACH

RENT $6000 Vat Inc.

MASAK

I

RENT $ 1500

MIKOCH

ENI A

SALE TSH 45m

TEGETA

KINON

DONI

SALE TSHS 120m

SALE $420,000

KIBAH

A

CITY C

ENTER

RENT

MLANDIZ

I

Newly built Restaurant for rent at Kunduchinearby Silver Sand Hotel & Beach

0653 885 509

RENT $ 1500

MIKOCH

ENI A

Villas in Mikocheni Area,5 mins drive to Kairuki Hospital,

Shoppers Plaza & Milenium Towers.+255 715 180 872 | +255 784 691 414

RENT $750

KIGAM

BONI

Plot for sale at Kigamboni Kibada800 meters from the road, with 3500sqm.

with Tittle Deed. NO AGENTS PLEASE0769 115 502

SALE TSHS 185m

KIGAM

BONI

RENT $1500

MIKOCH

ENI

Petrol station and unfinished business buildingsSALE $600,000

KIBAH

A

SALE $52,000

MKURA

NGA

RENT $650

KUND

UCHI

40 The DarProperty August 2014

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

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

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

Real Estate AgentsDirectory in TanzaniaDAR 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


ARUSHA

ENHANCE YOUR VISIBILTY & CREDIBILITYGET LISTED HERE WITH YOUR LOGO

Kshs. 2,500/= Monthly / Kshs. 25,000/= Annually+255 784 23 89 62, +254 720 35 34 37 | [email protected]

AXIS REAL ESTATE 0727 5728360713 908 [email protected] Nairobi Kenya

ARK CONSULTANTS LTDNo. 16 Nas Apartments,Milimani RoadP.O. Box 42093, 00100Tel: +254 20 2726870www.arkconsultantsltd.com

CORAL PROPERTY INTERNATIONAL LTD+254 735 [email protected]

DUNHILL CONSULTING LTDHevea Court, Block A3, No.15,Eldama Ravine Road, WestlandsTel: +254 786 386 445www.dunhillconsulting.com

FINANCIAL AND PROPERTYCONSULTANTS LTDArbor House, Arboretum DriveP.O.Box 14459-00800 NairobiTel: +254 722 524383www.fapl.com

HALIFAX ESTATE AGENCY LTDCrossway Road, WestlandsTel: 3741269/[email protected]

HASS CONSULT LTDABC Place, 1st Floor, P.O. Box 14090, NairobiTel: +254 20 4446914www.hassconsult.co.ke

KARENGATA PROPERTY MANAGERSHead office: No.47 Marula lane, KarenP.O BOX 1552, Karen. 00502,Nairobi.0733613744 / 0735099932

KENYA VALUERS AND ESTATE AGENTS LTD3rd Floor, Museum Hill Centre,P.O. Box 48209, Nairobi Tel: +254 20 3745697/512 www.kenyavaluers.com

KNIGHT FRANKLion place, Waiyaki wayTel +254 20 4239000 / 0733 [email protected]

PENTA KENYA LTDTropical lane off Wood AvenueP.O Box 101493 00101, NairobiTel 0731471872 / 0711 [email protected]

PROLAND REALTORS LTD6th Floor, Maendeleo House,Monrovia StreetP.O Box 29509-00100 NairobiTel: +254 720 353437www.prolandrealtors.co.ke

PROFESSIONAL PROPERTYMANAGEMANT LETTING & SALES0708 8484810733 785698 160662 Nairobi Kenya

SEMA ESTATE AGENTSSpringette Office park, Block H2, Lower Kabete Road.Tel 020 2017940 / 0725 [email protected]

Tel +254 20 4239000 / 0733 603260COMING SOON

RWANDAREAL ESTATE

AGENCYDIRECTORY

Real Estate AgentsDirectory in Kenya

ATIK.......................................................................4AVIC......................................................................5AYUB....................................................................21BERGER................................................................10CES........................................................................31CHOKOLE............................................................34CRDB BANK............................................................3DCB BANK............................................................17FNB BANK.............................................................44FOOD PLUS..........................................................39IVORY TOWER.......................................................9JAMII FORUMS...................................................43KENYA VALUERS.................................................32KESSY....................................................................35LONGONOT GATE.............................................28MARINA ...................................................1&22,23MASUMIN.............................................................20MINJA...................................................................12MWANZA.............................................................30OCEAN LINK..........................................................2PROLAND.............................................................33REEF..........................................................................8REMAX.....................................................................1SIMBA CEMENT......................................................1SKYMARK.............................................................13TANGANYIKA ESTATE AGENT.......................6&7THE LUMINARY.....................................................11UTT.........................................................................15VITAFORM............................................................25

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PublisherDarproperty Tanzania

Editor In ChiefLarson Chumi

[email protected]

Business Development & ProductsAbdallah MugasaYusuph MhandoJaneth Samwel

Designs & Layouts Dennis MaungaMussa Khamis

[email protected]

Marketing & SalesMichael Francis

[email protected]

DistributionBoniface Metta

Online Content ManagerMbwana MburaAloyce Mkude

Finance Administration ManagerErick Kessy

Public Relation OfficerMaria Urassa

Accounts ExecutivesGrey Mateni

Faraji SenkoroMoreen MremaLucynacy John

Office Assistant.Brigita Laurance

Regulatory & Legal AdvisorsABC Attorneys

Mikocheni B - Bima road,P.O. Box 105499 Dar es Salaam

+255 22 2780 517+255 784 238 962,+255 713 751 868

[email protected]

DistributionShould you have problems in obtaining copies of DarProperty

Magazine, please contact+255 713 888 036+255 717 270 791

For Comments, Complains & [email protected]

Country Director - KenyaXavier Nanchengwa

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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darproperty january 2016

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