Zanzibar’s economic growth is accelerating, and Dongwe is playing a crucial role in this...
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A Unique Opportunity to generate Long-term Value with Zanzibar
ZANZIBAR - A Gem in the Indian Ocean
Zanzibar, an archipelago nestled off the coast of Tanzania, is a destination that whispers tales of ancient trade routes, exotic spices, and vibrant cultures. Steeped in a rich history that dates back to the first millennium, Zanzibar has been a melting pot of African, Arab, Indian, and European influences, creating a unique blend of traditions and architectural marvels.
Ruled by the Omani, Portuguese British until it joined the mainland Tanganyika in 1964, Zanzibar (now a part of the United Republic of Tanzania) reflects its past with over a million residents representing the diversity of African, Arab & Indian people.
Situated 23 miles from mainland Tanzania, Zanzibar is a beautiful island renowned for scenic beauty with white-sand beaches. It has increasingly grown as a tourist destination with long-standing political and economic stability.
With a weather that favours vacations stretching to 10 months a year, Zanzibar is soon being seen as an ideal place to live, work and play. There is something for everyone here! For water lovers, it is also a destination for sailing, snorkeling, and swimming. For food enthusiasts, Zanzibar’s history is a boon with African, Arab, European, and Indian influences in everything from the street food market to beachfront fine dining.
From the labyrinthine streets of Stone Town, a UNESCO World Heritage Site, to the pristine beaches that stretch for miles, Zanzibar is a place where history and paradise converge, Welcoming a one-of-a-kind mix of natural beauty & cultural diversity.
Glimpses of Zanzibar
The expertise to help you find your perfect home
We know the ins and outs of the real estate market in Zanzibar, and we can help you find a home that fits your needs and budget. We'll work with you to find the perfect home for you and your family.
Expert advice and information on the market.
We have a wide range of knowledge and experience, and we're always happy to share it with you. We're dedicated to providing you with honest and expert advice about the market.
A property to suit your current and future needs
If you're looking for a property, we'll do our best to find one that suits your needs. We'll show you any property that interests you, even if it's not on our website or in your price range.
Why should you invest in Dongwe, Zanzibar?
Situated on the southeastern coast of Zanzibar, Dongwe is emerging as a prime spot for real estate investment.
Untapped Potential
The pristine beaches and serene environment make it an apt destination for luxury resorts, eco-friendly lodges, and residential developments for investors looking for fresh avenues.
Investors have the chance to shape the future of this region and cater to the growing demand for high-end tourism and exclusive retreats.
Tourism Growth
There are over 500,000 international tourists, and the number is growing by 10% annually, with the government actively promoting tourism and improving infrastructure.
Dongwe's proximity to popular attractions like Jozani Forest and The Rock Restaurant enhances its appeal to tourists seeking both adventure and relaxation.
Occupancy Rates
Dongwe has shown an impressive average occupancy rate for Airbnb listings, stands at 70%, with peak seasons seeing rates as high as 90% , reflecting its popularity among international tourists.
This high occupancy rate indicates a strong and consistent demand for short-term rentals, providing a lucrative opportunity for investors in the hospitality sector.
Land Appreciation
According to local real estate reports, land prices in the region have increased by approximately 15% per year over the last five years, with the trends indicating an increasing trajectory.
This steady appreciation is a testament to the growing interest and investment in the area, making it a promising investment for long-term capital gains.
Strategic Location
Dongwe's strategic location on the coast offers breathtaking ocean views and direct access to some of the island's most beautiful coral reefs and marine life.
This makes it an ideal spot for developing beachfront properties, attracting tourists and expatriates looking for tranquil yet accessible locations.
Eco-Tourism
The global eco-tourism market is projected to reach $103.8 billion by 2025, and Dongwe provides a perfect canvas for eco-friendly and responsible real estate projects.
Investors can capitalize on the global trend towards sustainable tourism by creating eco-friendly resorts and green residential communities.
Cultural Richness
Dongwe, like the rest of Zanzibar, is imbued with cultural richness. This not only enhances the appeal of properties but also supports and preserves the local culture.
Investors can incorporate elements of local architecture, art, and traditions into their developments, creating unique and authentic experiences for visitors and residents.
Incentives
The Zanzibar government offers incentives to attract investment, including tax breaks, simplified land acquisition processes, and supportive regulations.
The Tanzania Investment Centre reports that foreign direct investment inflows to Tanzania increased by 10% in 2020, on account of a favorable investment climate.
INVESTMENT POTENTIAL
Verde Palms
FOR APARTMENTS
Expected ROI - 14% to 18% per annum
Rental Yield
6% to 8% Expected
Property Price Appreciation
8% to 10%
FOR VILLAS
Expected ROI - 18% to 25% per annum
Rental Yield
8% to 13% Expected
Property Price Appreciation
10% to 12%
Guide for buyers and sellers
Our compilation of the curated information to help you make the right investment
Dongwe, a picturesque village in Zanzibar, is emerging as a jewel in the investment landscape. Its...
Dongwe, a picturesque village in Zanzibar, is emerging as a jewel in the investment landscape. Its...
At Verde Palms, we feel the true magic of Zanzibar does not lie in the property or the beautiful...
The Verde Palms Gallery
The surroundings, the interiors, the amenities & the landscapes of Verde Palms
