For Saleland

Prime 1,620 SQM Development Plot for Sale — Kwa Mchina Mwanzo, Zanzibar

Kwa Mchina Mwanzo, Zanzibar, Tanzania

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Ref HX-0029

$326,923
Indicative conversion · listed in TZS

Due diligence transparency

No document-verification tag has been recorded for this listing. Ask the advisor for the current title, survey and approval status before purchase.

About this property

This substantial 1,620 sqm plot presents an opportunity for a professionally planned hospitality development in Zanzibar. Its generous land area provides flexibility for designing a modern hotel, guest accommodation, restaurant, parking facilities, and supporting amenities. The property is particularly suitable for hospitality investors looking to establish a distinctive hotel or serviced-apartment concept serving both leisure and business visitors. Kwa Mchina Mwanzo offers an opportunity to acquire a sizeable development site rather than an already-developed property, allowing an investor or hotel operator to design the project around their specific operational requirements. Potential development concepts include: boutique hotel, mid-scale hotel, serviced apartments, hotel with restaurant and café, corporate/business accommodation, and mixed-use hospitality development. Tenure/title to be verified during due diligence. Viewing available by appointment.

Highlights

  • 1,620 sqm development land
  • Suitable for hotel or hospitality project
  • Serviced apartments potential
  • Commercial or mixed-use potential
  • Space for restaurant, parking and amenities
  • Viewing available by appointment

Specifications

Zoning
Commercial & Hospitality Development
plot size sqm
1620
recommended use
Hotel / Hospitality / Serviced Apartments / Commercial / Mixed-Use

Approximate area shown — exact location shared by your advisor.

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Property price$850,000,000
Deposit20% · $170,000,000
Interest rate6.25%
Loan term30 years
Monthly payment
$4,186,877
Loan amount
$680,000,000
Total interest
$827,275,707

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