In recent years another added attraction is the modern seafront developments that have taken over from real estate to hotels and leisure facilities. This is a market that is ripe for investment and is worth every penny. With a purchase of a residential unit in Fumba Town you can generate at least 8% – 10% ROI considering current rental market prices. Further due to its unique beautiful location and outstanding connection through the international Airport and a new upcoming ferry terminal to Dar es Salaam the investment will generate high appreciation of capital.
For investors, there are a great many reasons to focus on the region. A key factor being that Zanzibar is stable. Politically, socially and economically the region has proven itself to be a steadfast option – especially since private investments into are constitutionally protected.
Tourism: The number of tourists visiting Zanzibar has increased fivefold in the past 20 years, Back in 2000, it was reported that around 100,000 tourists visited Zanzibar, in 2019 over 500,000 tourists were recorded visiting the country.
The government, through the Zanzibar Commission for Tourism, are devoted to attracting more visitors and are actively promoting domestic tourism. Tourism is one of Zanzibar’s key economic sectors…. Read more
DETAILS
3 bedrooms Living area:
117sqm
126sqm
All apartment units includes: fully fitted Kitchen, kitchen appliances, A/C, ceiling fan, Electrical fittings, built in wardrobes, lift.
Starting price: 125,000 USD
PRICE PER FLOOR
1st floor 125,000usd
2nd floor 127,000usd
3rd floor 129,000usd
4th floor 131,000usd
5th floor 133,000usd
6th floor 135,000usd
7th floor 137,000usd
8th floor 139,000usd
9th floor 141,000usd