Hotel for Sale in Paje, Zanzibar

Hotel for Sale in Paje, Zanzibar - 1
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Price Analysis Fair Price

Based on 91 similar listings

Market Demand

High Demand

Details

Address
PAJE
Condition
Fairly Used
Furnishing
Furnished
Property Type
Hotel
Square meters
1,700 sqm

Hotel for Sale in Paje, Zanzibar Highlights

  • Prime Beachfront Location: Paje, Zanzibar is renowned for its stunning white sand beaches and vibrant kite-surfing scene. This location offers excellent potential for tourism-related businesses.
  • Generous Interior Space: With 1700 square meters, this property offers ample room for various hotel layouts, including guest rooms, common areas, and potentially additional amenities.
  • Established Tourist Hub: Paje is a popular destination for international tourists, ensuring a consistent flow of potential guests for a well-managed hotel.
  • Potential for Renovation: Properties in this area often benefit from updates to meet modern traveler expectations. Investing in renovations can significantly enhance guest experience and revenue.
  • Island Infrastructure: Zanzibar has established utilities, including electricity and water supply, which are essential for hotel operations. Reliable internet access is also common in tourist areas.

Description

• The property features 10 two-room apartments, each with a private bathroom and veranda, plus one large double room with similar amenities. All rooms are equipped with ceiling fans and air conditioning. • The hotel includes a fitted kitchen, a rooftop restaurant and bar with seating for 449 sq meters, an office, laundry facilities, and staff washrooms. • Infrastructure includes a 41 kVA generator for backup power and ample car parking space. • The plot size is 1,700 sqm, with a swimming pool on-site. • Located in Paje, Zanzibar, a popular tourist destination known for its beaches and water sports. • The property is being sold furnished and is in fairly used condition.

Compare

Hotel for Sale in Paje, ZanzibarThis item
Hotel for Sale in Paje, Zanzibar
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ConditionFairly UsedFairly UsedFairly Used
Property TypeHotelSchoolBusiness Center
FurnishingFurnishedUnfurnishedUnfurnished
AddressPAJEKibahaKariakoo
Square meters1,700 sqm800 sqm367 sqm
PriceTSh 3,380,000,000TSh 2,700,000,000TSh 3,000,000,000