Residential Plot (1,364 sqm) for Sale in Nyegezi Majengo Mapya

Residential Plot (1,364 sqm) for Sale in Nyegezi Majengo Mapya - 1
1 / 5

Price Analysis Above Market

Based on 11 similar listings

Similar items: TSh 2M - TSh 28M

Negotiation Tips

Price is significantly above market

Suggested offer: TSh 5.5M

Potential discount up to 78%

Market Demand

Low Demand

Low demand - may take longer to sell

Details

Type
Residential Land
Title
Right of Occupancy
Address
1
Agent Fee
TSh 20,000
Facilities
Electric Supply, Gas Supply, Water Supply
Listing by
Agent
Access Road
Gravel Road
Property Use
Residential
Square meters
1,364 sqm
Type of Purchase
per Plot
Development Status
Fully Developed

Residential Plot (1,364 sqm) for Sale in Nyegezi Majengo Mapya Highlights

  • Prime Residential Location: Residential land plots are typically situated in areas designated for housing, offering a stable environment for building a home. These locations often benefit from proximity to essential services and community amenities.
  • Established Utility Access: Plots in developed areas usually come with pre-existing connections or easy access to essential utilities. This includes reliable electricity, water supply, and often gas lines, simplifying the construction and living process.
  • Ready for Development: Fully developed land signifies that the plot is prepared for construction, potentially with cleared grounds and basic infrastructure in place. This can significantly reduce the initial time and cost of building.
  • Secure Land Tenure: A Right of Occupancy title provides legal rights to occupy and use the land for a specified period. This offers a secure form of land ownership, crucial for investment and development.
  • Accessible Road Networks: Good access roads, even if gravel, are vital for convenient transportation to and from the property. They facilitate the movement of materials during construction and daily commutes.

Description

• Residential plot measuring 1,364 square meters (approximately 33m x 41m). • Surveyed and has a Bicon (Certificate of Ownership). • Located in Nyegezi Majengo Mapya, a developing residential area. • Flat terrain suitable for construction, with good drainage. • Access via a gravel road, with main tarmac roads approximately 5 minutes away. • TANESCO electricity and DAWASCO water supply available at the plot boundary. • Ideal for building a family home or multiple units.

Compare

Residential Plot (1,364 sqm) for Sale in Nyegezi Majengo MapyaThis item
Residential Plot (1,364 sqm) for Sale in Nyegezi Majengo Mapya
TSh 25,000,000
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TypeResidential LandResidential LandResidential Land
FacilitiesElectric Supply, Gas Supply, Water SupplyCar Parking, Domestic Sewage, Electric Supply, Water SupplyCar Parking, Domestic Sewage, Electric Supply, Water Supply
TitleRight of Occupancy——
Address1——
Agent FeeTSh 20,000——
Listing byAgent——
Access RoadGravel Road——
Property UseResidentialResidentialResidential
Square meters1,364 sqm——
Type of Purchaseper Plot——
Development StatusFully Developed——
PriceTSh 25,000,000TSh 25,000,000TSh 28,000,000