MAPUMZIKO 2 BEDROOMS DETACHED VILLA IN ZANZIBAR

Don't miss this exclusive opportunity to own a unique villa in a prime coastal location in Zanzibar in Pwani Mchangani. The villa is located in the MAPUMZIKO resort with only 7 villas. The distance to the beach is 200 m.

The villa currently has 2 bedrooms, 2 bathrooms and a roof terrace with ocean views.
The built-up area of ​​the house is 60 m2, the total living area is 180 m2. The villa was built in 2015 and in 2019 the 1st floor and roof terrace were added.
The villa is being sold in its original condition for 80,000 USD and is ready for renovation.
When renovating into a luxury villa with a spacious living room and kitchen on the ground floor and 2-3 separate bedrooms and bathrooms on the other two floors, the estimated costs are approximately 35,000 USD. You have the opportunity to design the villa according to your wishes, or even renovate it yourself. It is also possible to build a private swimming pool in the garden in front of the house. The estimated time required for a complete renovation is 1-2 months.

Resort facilities:

Swimming pool
Fenced and guarded plot 24/7

Parking spaces for owners

Property management services

Location:

This villa can become your home. Pwani Mchangani is one of the best beaches on the northeast coast of Zanzibar. It is a gateway to a vibrant coastal lifestyle and at the same time a lucrative investment in one of the most desirable tropical paradises in the world.
It is known for its long, almost untouched white sandy beach. It is an ideal place for those looking for relaxation and a peaceful life.

Investment Potential and Management

ROI % 10-15% p.a.
You can use the villa for permanent residence or for short-term rental.

Form of Ownership:

Mapumziko is a villa project commended by the Zanzibar Investment Promotion Authority (ZIPA) which ensures that upon full payment and handover of the property, you will receive a title deed giving you full and recognized ownership of your new home. The title deed issued by ZIPA is a leasehold deed with a duration of 99 years.

Government Incentives for Buyers

The Government of Zanzibar through ZIPA has issued incentives and benefits aimed at creating a more conducive environment for real estate investment on the beautiful island of Zanzibar.
Benefits for buyers with a property purchase within an approved project worth over $100,000:
• "Golden Visa" residence permit for the property buyer and his/her spouse and four children under the age of twenty

• 50% exemption from stamp duty

• 100% foreign ownership is permitted
• 100% relief on repatriation of proceeds from sale after tax

Are you interested in viewing this villa or would you like more information about investment opportunities in Zanzibar? If so, please do not hesitate to contact us