Land in Michamvi

About this property

MICHAMVI INVESTMENT PROPERTY FOR SALE | ZANZIBAR, TANZANIA Discover an exciting real estate investment opportunity in Michamvi, Zanzibar. Set on a generous 2,300 m² plot, this property features three existing bungalows, a separate staff house, and an on-site water well, offering an attractive opportunity for investors seeking land with existing structures and potential for further development. Asking Price: USD 100,000 The property features three bungalows that could offer potential for holiday accommodation, guest rentals, or a small hospitality establishment, depending on their current condition and suitability for commercial use. A separate staff house provides additional space that could support property management or staff accommodation. The existing water well is another useful feature, subject to verification of its condition, water quality, and capacity. With 2,300 m² of land, buyers can explore possibilities for landscaping, outdoor relaxation spaces, and potential future improvements, subject to applicable planning regulations and development approvals. Located in Michamvi, a coastal destination in Zanzibar, this property may appeal to investors interested in the island’s tourism and holiday accommodation market. Whether you are considering a boutique guesthouse, a holiday bungalow business, a private retreat, or a long-term real estate investment, this property offers several possibilities worth exploring. PROPERTY DETAILS * Location: Michamvi, Zanzibar, Tanzania * Land Size: 2,300 m² * Existing Accommodation: 3 bungalows * Additional Building: 1 staff house * Water Supply: Existing water well * Asking Price: USD 100,000 WHY CONSIDER THIS PROPERTY? The combination of a substantial plot, existing buildings, and a water well provides a starting point for buyers interested in renovation, hospitality, or future development. Rather than purchasing undeveloped land alone, investors have the opportunity to assess the existing structures and determine how best to utilise the property. YOUR NEXT INVESTMENT OPPORTUNITY IN ZANZIBAR Explore the possibilities this Michamvi property offers. Contact us for additional information or to arrange a viewing. HOMESAXIS | Real Estate Opportunities in Zanzibar Website: homesaxis.com Email: info@homesaxis.com Phone/WhatsApp: +255 768 045 919 All property details, land rights, building conditions, and development possibilities should be independently verified before purchase.

Specifications

Water

Yes

Land area

2300

Electricity

Yes

Road access

Yes