Plot for Sale in Paje, Zanzibar

Plot for Sale in Paje, Zanzibar - 1
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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 63%

Market Demand

Low Demand

Low demand - may take longer to sell

Details

Type
Residential Land
Address
Paje
Listing by
Agent
Property Use
Residential
Square meters
420 sqm
Type of Purchase
Outright Price

Plot for Sale in Paje, Zanzibar Highlights

  • Prime Coastal Location: Paje is a sought-after village on the east coast of Zanzibar, known for its stunning beaches and vibrant atmosphere. It's a popular destination for kitesurfing and tourism.
  • Residential Land Potential: This type of plot is zoned for residential use, offering the opportunity to build a home or investment property. Consider local building regulations and zoning laws.
  • Generous Plot Size: A plot of 420 square meters provides ample space for construction, landscaping, and outdoor living. This size is suitable for a family home or a small villa.
  • Outright Purchase Option: The 'Outright Price' type of purchase means you acquire full ownership of the land without ongoing lease payments. This offers long-term security and flexibility.
  • Access to Utilities: Properties in developed areas like Paje typically have access to essential utilities such as electricity and water. Confirm availability and connection points with local providers.
  • Investment in Zanzibar: Investing in land in Zanzibar, particularly in popular areas like Paje, can be a sound financial decision due to its growing tourism sector and desirability.

Description

• 420 sqm residential plot located on the second line from the main road in Paje, Zanzibar. • Flat terrain with good drainage, ideal for building a home or holiday villa. • Close proximity to Paje's renowned beaches and vibrant tourist amenities. • Access via a well-maintained murram road, ensuring easy accessibility. • TANESCO electricity and DAWASCO water connections are available at the plot boundary. • Clean title deed available, ready for a smooth and transparent transfer process. • Situated in a developing area with growing infrastructure and potential for appreciation.

Compare

Plot for Sale in Paje, ZanzibarThis item
Plot for Sale in Paje, Zanzibar
TSh 15,000,000
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TypeResidential LandResidential LandResidential Land
AddressPaje——
Listing byAgent——
Property UseResidentialResidentialResidential
Square meters420 sqm——
Type of PurchaseOutright Price——
PriceTSh 15,000,000TSh 11,000,000TSh 12,500,000