Prime Investment Land - 19,147 sqm, Makunduchi, Zanzibar

Prime Investment Land - 19,147 sqm, Makunduchi, Zanzibar - 1
1 / 5

Price Analysis Above Market

Based on 5 similar listings

Market Demand

Low Demand

Low demand - may take longer to sell

Details

Type
Commercial Land
Address
Makunduchi
Listing by
Agent
Property Use
Commercial
Square meters
19,147 sqm
Type of Purchase
Outright Price

Prime Investment Land - 19,147 sqm, Makunduchi, Zanzibar Highlights

  • Prime Coastal Location: Makunduchi is a vibrant village on the southeastern coast of Zanzibar, known for its beautiful beaches and growing tourism potential. This area offers a unique blend of local culture and developing infrastructure.
  • Generous Land Size: With 19,147 square meters, this plot offers substantial space. Such dimensions are ideal for a variety of commercial developments, from resorts to residential complexes or mixed-use projects.
  • Commercial Zoning Potential: Properties zoned for commercial use are well-suited for businesses, hospitality ventures, or retail spaces. This designation often facilitates development and investment opportunities.
  • Outright Purchase: An outright purchase means you acquire full ownership of the land. This simplifies the transaction process and provides clear title, making it a straightforward investment.
  • Island Infrastructure: Zanzibar's infrastructure is developing, with increasing access to utilities like electricity and water in many areas. Proximity to existing services can be a key factor for development.

Description

• Prime 19,147 sqm plot located in Makunduchi, Zanzibar, ideal for development. • Strategic location: 2nd row from the main road (150m) and 4th row from the beach (300m). • Close proximity to key areas: 16 mins to Jambiani Plaza and 21 mins to Paje. • Offers a blend of tranquil coastal living and accessibility to amenities. • Suitable for various development opportunities, leveraging its size and location. • Asking price: $380,000 (negotiable).

Compare

Prime Investment Land - 19,147 sqm, Makunduchi, ZanzibarThis item
Prime Investment Land - 19,147 sqm, Makunduchi, Zanzibar
TSh 1,003,200,000
Prime Commercial Plot for Sale, Mbezi Magufuli
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TypeCommercial LandCommercial LandMixed-use Land
AddressMakunduchiMgufuli bus standUNUNIO
Listing byAgentAgentAgent
Property UseCommercialCommercialMixed
Square meters19,147 sqm2,219 sqm3,200 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
PriceTSh 1,003,200,000TSh 1,000,000,000TSh 800,000,000