A contemporary residential quarter in the heart of Paje
A contemporary residential quarter in the heart of Paje
A contemporary residential quarter in the heart of Paje

A contemporary residential quarter in the heart of Paje

288 interested

88 000 - 177 000 $

Price
  • Delivery year
    Phase 1 — 4th quarter of 2027 / Phase 2 — 4th quarter of 2028
  • Furniture
    included
  • Rooms
    Studio, 1BR, 2BR

Location and country

  • Location

    Paje, on the east coast of Zanzibar, is one of the island's most vibrant tourist areas

  • Paje, Zanzibar
  • the island's east coast

The Paje area is considered one of the fastest-growing tourist destinations in East Africa

Infrastructure and comfort

  • 2 swimming pools for residents
  • restaurants
  • cafés
  • boutiques
  • gardens and walking areas
  • playground
  • 24-hour security
  • fiber-optic internet
  • 300 kW solar power plant

The infrastructure is geared toward both tourists and long-term residents

Investment model

  • Entry: from 88 000 $
  • Format: A modern residential and resort complex managed by the international operator Valor Hospitality
  • Expected return: 8–14%

This is a rental income + capital growth model with professional international management

Description

Project parameters

  • 7 buildings
  • 203 apartments
  • Types: Studio, 1-Bedroom, 2-Bedroom
  • All apartments are rented out fully furnished

Developer and quality

  • Management Company: Valor Hospitality
  • Architecture: Studio OMT
  • Certification: EDGE Green Certification

Purchase conditions

  • Reservation: $500
  • 30% — upon signing the contract (including the facilitation fee)
  • 20% — start of construction
  • 20% — completion of the foundation
  • 15% — delivery of materials for load-bearing structures
  • 15% — completion of structural work
  • 5% — handover of keys
  • Payment is distributed according to the construction phases

Investor protection factors

  • 100% foreign ownership permitted
  • 33+33-year leasehold
  • Managed by the international operator Valor Hospitality
  • Fully furnished apartments
  • No hidden costs, as per the project terms
  • For purchases of $100,000 or more: eligibility for a residence permit for the buyer, spouse, and up to 4 children

Technology and product

  • Serviced Apartments Investment Model
  • Suitable for passive income and long-term ownership
  • Combines residential living with professional hotel management

Why this project is interesting

  • One of the largest new projects in the Paje area
  • Managed by Valor Hospitality
  • Up to 14% projected return
  • Fully furnished apartments
  • Eligibility for a residence permit with an investment of $100,000 or more
  • EDGE Green certification
  • Located in one of Zanzibar’s most dynamic tourism markets

Investment evaluation

  • investment type: serviced apartments + rental income
  • risk: average
  • liquidity: above average
  • horizon: 4–7 years

Conclusion: Suitable for investors seeking an affordable entry into the Zanzibar market, professional international management, the opportunity to obtain a residence permit, and potential returns of up to 14% per year in the rapidly growing Paje area

Updated

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