Land Plot for Sale in Nungwi, Zanzibar

Land Plot for Sale in Nungwi, Zanzibar - 1
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Price Analysis Great Deal

Based on 5 similar listings

Market Demand

Low Demand

Low demand - may take longer to sell

Details

Type
Commercial Land
Address
Nungwi
Listing by
Owner
Property Use
Commercial
Square meters
320 sqm
Service Charge
true
Type of Purchase
per SqF

Land Plot for Sale in Nungwi, Zanzibar Highlights

  • Prime Location in Nungwi: Nungwi is a popular tourist destination known for its beautiful beaches and vibrant atmosphere. Properties here often benefit from high foot traffic and proximity to amenities.
  • Commercial Land Potential: Commercial land is zoned for business activities, offering opportunities for retail, hospitality, or service-based enterprises. Its suitability depends on local zoning regulations.
  • Flexible Purchase Options: Purchasing land per square foot allows for flexibility in acquiring the exact size needed for your project. This can be advantageous for smaller developments or specific business needs.
  • Consideration for Service Charges: Properties may have associated service charges for upkeep of common areas, security, or utilities. It's important to understand what these charges cover and their annual cost.
  • Plot Size and Development: A plot of 320 square meters offers a moderate space for development. The size will influence the type and scale of commercial project that can be feasibly constructed.

Description

• 320 sqm plot (16m x 20m) ideal for residential, commercial, or tourist accommodation (e.g., Airbnb). • Located in Nungwi, along the main road towards the new airport, a rapidly developing tourist and commercial hub. • All legal documentation is in order, with no disputes. • Flat topography suitable for immediate construction. • Access to main road ensures good connectivity. • Potential for high rental yields due to tourist demand in Nungwi.

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TypeCommercial LandMixed-use LandCommercial Land
AddressNungwi27VICTORIA UPOROTO STREET
Listing byOwnerAgent—
Property UseCommercialMixedMixed
Square meters320 sqm300 sqm32,320 sqm
Service Chargetrue——
Type of Purchaseper SqFOutright PriceOutright Price
PriceTSh 1,100,000TSh 800,000TSh 1,000,000