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

Contemporary residences just moments from the Indian Ocean

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

Recommendations

Verified by Trustmont Capital
A premium residential development in the heart of tropical Phuket

A premium residential development in the heart of tropical Phuket

Thailand
  • The company reports that it has been operating since 2015 and has completed 8 projects.
  • The VIP Tropika concept is built around a modern tropical condominium product in a prestigious beach location.
  • Expected return: 8 - 10 %
  • Format: condominium project
  • Status: construction
Detailed project analysis
Verified by Trustmont Capital
Where urban comfort, international infrastructure and contemporary living come together

Where urban comfort, international infrastructure and contemporary living come together

Tanzania
  • The main location in Stone Town
  • One of Zanzibar’s largest mixed-use developments
  • Its own shopping center on-site
  • Expected return: 11-17%
  • Format: A multifunctional residential complex featuring residential apartments, retail and office spaces, and its own infrastructure.
  • Status: Construction
Detailed project analysis
Verified by Trustmont Capital
Completed residences near the coastline in one of Mallorca’s most prestigious locations

Completed residences near the coastline in one of Mallorca’s most prestigious locations

Spain
  • A branded resort managed by Wyndham Hotels & Resorts
  • A tourism asset with a unified management system
  • Freehold property
  • A stable revenue model with fixed monthly payments
  • Free resale on the open market
  • Expected return: 5–8%
  • Format: a completely passive investment
  • Status: completed project
Detailed project analysis
Verified by Trustmont Capital
A premium beachfront resort development surrounded by the pine forests of Shekvetili

A premium beachfront resort development surrounded by the pine forests of Shekvetili

Georgia
  • Resort complex on the Black Sea’s prime waterfront
  • A unique combination of the seashore and a relict forest
  • Passive income in foreign currency with growth potential in Georgia’s tourism market
  • Expected return: 10 - 15 %
  • Format: Resort investment with professional management
  • Status: Promising asset in the capitalization phase
Detailed project analysis
Verified by Trustmont Capital
An ultra-luxury resort complex under the Anantara brand on the Zanzibar coast

An ultra-luxury resort complex under the Anantara brand on the Zanzibar coast

Tanzania
  • Premium resort complex on the first coastline of the Indian Ocean
  • Combination of stable cash flow and capital appreciation of a resort asset
  • Expected return: 8–12% annually in foreign currency
  • Format: premium-class passive investment
  • Status: strategic asset at the value growth stage
Detailed project analysis
Verified by Trustmont Capital
Premium residences with panoramic views in one of Phuket’s most prestigious locations

Premium residences with panoramic views in one of Phuket’s most prestigious locations

Thailand
  • The Above Element concept is built around resort-style living, functional layouts, and modern low-rise architecture.
  • The project is designed for comfortable living, vacation use, and managed investment rental.
  • Expected return: 8 - 10 %
  • Format: condominium project
  • Status: Construction
Detailed project analysis
Verified by Trustmont Capital
A prime location near Ritz-Carlton, St. Regis and Kempinski in one of Bali’s most prestigious destinations

A prime location near Ritz-Carlton, St. Regis and Kempinski in one of Bali’s most prestigious destinations

Indonesia
  • Premium resort location in Nusa Dua
  • Projected return of 12–15%
  • Nearby international luxury hotel brands
  • Expected return: 12-15 %
  • Format: branded resort residences featuring apartments, townhouses, and villas managed by Registry Collection Hotels by Wyndham.
  • Status: Construction; Phase 01 is scheduled for completion in the third quarter of 2027.
Detailed project analysis
Verified by Trustmont Capital
A premium SPA & Wellness resort under the Wyndham Garden brand in the heart of Kazbegi

A premium SPA & Wellness resort under the Wyndham Garden brand in the heart of Kazbegi

Georgia
  • Located in a mountainous region with year-round tourist traffic
  • Passive income from a wellness concept with high growth potential
  • Expected return: 13 %
  • Format: International SPA & Wellness hotel under the Wyndham Garden brand
  • Status: Construction
Detailed project analysis
Verified by Trustmont Capital
A premium resort destination near Zanzibar’s white-sand beaches

A premium resort destination near Zanzibar’s white-sand beaches

Tanzania
  • Nungwi is one of Zanzibar’s most popular tourist destinations
  • Up to 30 days of personal occupancy per year
  • Estimated annual return of 10.6–22%
  • Expected return: 10–22% per year (depending on the type of apartment and occupancy rate)
  • Format: A resort condominium on the beachfront in the Nungwi resort area, designed for personal use and rental income
  • Status: Construction
Detailed project analysis