76 538 - 636 955 $
Price
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from 37.68 m² to 252 m²
Area
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2027–2028
Delivery year
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Studio , 1BR Large , 1BR , 2BR Large , 2BR , Comfort Chalet 3BR , Chalet A 2BR , Chalet B 3BR , Lagoon Chalet , Villa with Pool , Penthouse with Private Pool
Rooms
Location and country
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Location
Zanzibar, Paje
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To the sea
100 m
- Paje District
- about 100 m from the ocean
- a popular resort destination in Zanzibar
Infrastructure and comfort
- Property Types
- Studio Apartments
- 1-Bedroom Apartments
- 2-Bedroom Apartments
- Large 1-Bedroom
- Large 2-Bedroom
- Chalet with a Mezzanine
- Lagoon Chalet Villa with a Pool
- Penthouse with a Private Pool
Investment model
Entry: from 76 538 $- Format: a passive investment managed by Shivo
- Expected return: 10–15%
Description
Project parameters
- Mixed-use complex
- Studio starting at 39.76 m²
- 1BR starting at 59.76 m²
- 2BR starting at 74.76 m²
- Large 1BR up to 127.5 m²
- Large 2BR up to 122 m²
- Lagoon Chalet Villa with a pool starting at 37.68 m²
- Penthouse with private pool 252 m²
- Architecture
- Much More Architecture (Dubai)
Developer and quality
- CEO: Richard Ashby
- Management: Shivo
Purchase conditions
- Deposit: $4,000 for apartments, $6,000 for villas
- Standard: 20% deposit, 10% discount
- Advanced: 30% deposit, 20% discount
- Premium: 40% deposit, 30% discount
- Alternative option: installment plan for up to 5 years, 12% annual interest rate based on the list price
- Payment in TZS
Investor protection factors
- ZIPA No-Objection Certificate
- Leasehold registration with the Land Commission
- 7.5% VAT is already included in the price
Why this project is interesting
- Located in the Pajde area
- About 100 m from the ocean
- A wide selection of property types
- Lagoon Chalet Villa with a pool—a unique offering
- Penthouse with a private pool
- Discounts of up to 30%
- Installment plans available for up to 5 years
- Developer with the completed Shivo Towers project
Investment evaluation
- investment type: Growth + Rental
- risk: average
- liquidity: average
- horizon: on average, until construction is completed in 2027–2028 and subsequent operation
Conclusion: Shivo Gardens is a resort development in the Paje area of Zanzibar that combines apartments, chalets, villas, and penthouses. The project offers an annual return of 10–15%+, a discount program of up to 30%, and financing options for up to 5 years.
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