Contemporary residences just moments from the Indian Ocean
Contemporary residences just moments from the Indian Ocean

Contemporary residences just moments from the Indian Ocean

171 interested

117 402 - 1 571 000 $

Price
  • Area
    from 34.53 m² to 314.20 m²
  • Delivery year
    2027–2028
  • Rooms
    Studio, 1BR, 2BR, Penthouse

Location and country

  • Location

    Paje, second line

  • To the sea

    100 m

  • Paje, Zanzibar
  • second line
  • about 100 m from the ocean

Infrastructure and comfort

  • communal pool
  • spa center
  • gym
  • restaurant and bar
  • paddle tennis court
  • coworking space
  • 24-hour security
  • parking

Investment model

  • Entry: from $117,402
  • Format: apartments in two high-rise buildings by the ocean
  • Expected return: 10–15%+ rental yield

The “rental yield + capital appreciation” model in the resort segment

Description

Project parameters

  • 2 towers, each 49 m tall
  • approximately 165 units
  • project value: $46–50M
  • architecture: Much More, Dubai
  • 8-meter-high ceilings on residential floors

Developer and quality

  • Management: Shivo’s internal management division
  • CEO: Richard Ashby
  • Pile drilling contractor: Mediterranean Group East Africa

Purchase conditions

  • Down payment: starting at 20%
  • Options: 20% / 30% / 40% with discounts of 10% / 20% / 30%
  • 3-year and 5-year installment plans
  • 5-year installment plan — 12% per annum
  • Final 10% upon delivery

Investment evaluation

  • investment type: rental yield + capital appreciation
  • risk: average
  • liquidity: average / above average
  • horizon: 2027–2028

Conclusion: Suitable for investors looking for oceanfront resort apartments with potential for rental income and appreciation.

Updated

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