117 402 - 1 571 000 $
Price
-
from 34.53 m² to 314.20 m²
Area
-
2027–2028
Delivery year
-
Studio, 1BR, 2BR, Penthouse
Rooms
Location and country
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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.
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