The hotel and residential complex THE TERRACE in Paje, Zanzibar

Situated 200m from the beach

Resort facilities and services
155 apartments, consisting of 1+1, 2+1 and 3+1 apartments
11 shops
High security system
Restaurant and cafe
Swimming pool
Children's playground
Gym
Parking spaces
Generator
Rainwater harvesting system
High speed internet

ZIPA approved project
Type of the ownership: condominium

Government Incentives for Buyers
The Government of Zanzibar, through the Zanzibar Investment Promotion Authority (ZIPA), offers incentives designed to create a favourable environment for real estate investment on the island. The Terrace is a ZIPA-approved project. Buyers of property worth over USD 100,000 in a ZIPA-approved project may benefit from:
• A residence permit for the buyer, their spouse and up to four dependent children
• A 50% exemption from stamp duty
• 100% foreign ownership
• 100% repatriation of proceeds after tax

Zanzibar is one of the most attractive holiday destinations in the Indian Ocean, and Paje captures the best of it: beautiful beaches, ideal conditions for water sports and a lively yet relaxed atmosphere.
Beaches and Natural Beauty
White sand and turquoise water. Paje is known for its long stretches of fine white sand and the crystal-clear water of the Indian Ocean.
The rhythm of the tides. At low tide the sea becomes shallow, revealing a unique landscape where you can walk across the seabed and spot starfish, crabs and other marine life. At high tide, the lagoon is perfect for swimming.
A Paradise for Water Sports
Kitesurfing. Steady winds, a shallow lagoon and warm water create ideal conditions for beginners and experienced riders alike, with many professional kite schools along the beach.
Diving and snorkelling. Local dive centres run trips to nearby coral reefs, the Blue Lagoon and Mnemba Atoll, home to a vibrant underwater world.
Lively Atmosphere and Services
Paje is one of the busiest villages on the east coast, with the widest choice of restaurants, bars, shops and tourist services. The atmosphere is lively but never overwhelming, with bars and beach clubs where you can enjoy music late into the night.
Nearby Attractions
• Kuza Cave – a natural limestone cave with a crystal-clear freshwater pool for swimming.
• Jozani Forest – Zanzibar’s national park, home to the rare red colobus monkey and mangrove forests.
• The Rock Restaurant – the iconic restaurant built on a rock in the sea at Michamvi.
• Stone Town and spice tours – the island’s history and culture, easily reached for a day trip.

Apartments are sold fully finished, including: • Wooden veneered steel doors • imported flooring • Interior doors • Air conditioning unit + ceiling fan in each room • double-glazed windows and frames • kitchen cabinets and worktops • bathroom cabinets and worktops • Shower enclosure • Kitchen appliances (refrigerator, oven, hob, extractor hood)

Deposit 5%, down payment 35%, remaining 60% in monthly instalments in monthly or quarterly intervals until 12/2027