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MAY, 2015 | ISSUE No. 8 ISSN - 1821 - 987X

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Properties | Investments | Lifestyle | Business | News

CONSTRUCTION PUT’S TANZANIA ON THE GLOBAL MAP IN REAL ESTATE

BECOME TOMORROW’S PROPERTY TYCOON The property market of the newly built houses is booming in Tanzania, be part of it...

KIBAHA ‘THE NEXT BIG THING’

As small as it might seem...

Many people’s knowledge of Kibaha does not go beyond...

P.I.L Visits’ Tanga sites

KNOW THE PLAYERS IN COMMERCIAL REAL ESTATE

Nearby future projects, earmarked for Korogwe, Mombo & Mpirani Tanga Region

in Tanzania

DEGE ECO VILLAGE

INVOLVING YOUR CHILDREN IN HOME DÉCOR

A heavenly place...

Creating a living master peace

FIND & FIX A ROOF LEAK

Expert advice on how to find, troubleshoot and fix a roof.(D.I.Y skills)

Properties

Investments

Lifestyle

Business

News

FOR RENT

APARTMENT AVAILABLE

UHURU HEIGHTS, BIBI TITI MOHAMED STREET DAR ES SALAAM TANZANIA CALL: 06888 888 898, 0716 099 007

PIM. Issue no. 8, May 2015 Photo by Joseph

Welcome note

Dear Readers,

Hope you are all okay, and the rains have not affected you. It’s been raining “Cats and Dogs” and the City of Dar es Salaam has been paralyzed for a while. Traffic Jams? Flooded roads? Car break-downs? etc. Well, rains or no rains, its business as usual at Property International Limited. We don’t stop till we drop !! Back to Business - after our Launch in March, we received a couple of requests from Customers in different parts of Tanzania, requesting us to provide surveyed plots in their Regions. And after a lot of consideration and ground-work, we decided to start with Tanga. This month, the Property International Team was in different parts of Tanga Region (please see page 36) and we will keep you posted on the progress.......... so stay tuned Tanga People !! My Dear Readers, I am very happy to tell you that our Chekeni Village Plots are SOLD OUT !! We still have Bokotimiza, Vikuruti Hills, Mafia Island Plots........ and more to come very soon. Bye for now and see you in the next issue Warm regards Zohra Moore

Zohra@propertyinternationalltd.com

TEAM Magazine Manager Zohra Moore +255 714 988 199

Design & Layout Joseph Steven +255 717 733 303

Sales George Colyvas +255 755 323909 Hayat Abdul Aziz +255 688 888 898

Magazine Circulation Kudula Ramadhani +255 712 162 437 Editorial Mohamed Shaaban

Published & Distributed by Property International Limited, P. O. Box 45548, 8th Floor Mariam Tower, Songea Road, Shaurimoyo Road, Dar Es Salaam, Tanzania www.propertyinternationalltd.com

PROPERTY INTERNATIONAL LTD DREAM TO REALITY

www.propertyinternationalltd.com ISSUE No. 8 | ISSN - 1821 - 987X

12 8 10 14

Itâ&#x20AC;&#x2122;s internet service, not internet sales Houses for sale in Mikwambe Kigamboni

NEWS BRIEF

Cover Story

16 Properties Kigamboni, Mikocheni, Bagamoyo

Q&A

With Msimbe Eddie

Kibaha the next big thing

27 Properties

Dar Es Salaam, Bagamoyo, Mtwara, Lindi, Arusha &Mwanza

A heavenly place of Dege Eco Village

32 Properties Bahari Beach, Mikocheni, Mbagala, Mwenge, Kigamboni.

How to find & fix a roof leak

Know the players in commercial real estate

42 Properties 48

Mikocheni, Bunju, Kigamboni, Mbeya Finding Motivated Sellers: Luck or Hard Work

50 BOOK REVIEW 6â&#x20AC;&#x201A;

46 Test your mental sharpness

PIM. Issue no. 8, May 2015

IT’S INTERNET SERVICE, NOT INTERNET SALES After recording a significant growth in provision of internet service in Tanzania, SPICE NET is looking to expand to other markets within the region in the coming few years. Mr. Choudary, the brain behind the company, said SPICE NET has record of consistence growth by three hundred percent in three consecutive years. “I know the businesses have challenges but for me, business is my right place to operate. I always believe in provision of superior services and that strategy has proved right once again”, commented Mr Choudary.

Mr. Vinay Choudhary Spicenet CEO

SPICE NET, the Business Internet provider in Tanzania is marking their 5th year in service by saying “We do Internet Service, not Internet Sales” SPICE NET always focused on delivering Quality services bundled with premium support which became the prime choice for customers like Banks and Enterprises who are seeking for reliable services. Their services include, Dedicated Internet, MPLS , Web and Mail Hosting and server co location. SPICE NET proved their Quality of service by obtaining ISO 9001:2008 Certificate for their Quality Management system in 2014 which become one of its own in whole East Africa.

When he establish the company back in 2009 before acquiring a license from Tanzania Communications Regulatory Authority (TCRA) in 2010, his aim was to become a premium internet solutions provider in Tanzania. The work was however not smooth as the business faced hurdles like getting sufficient funds to support various activities. It was also difficult to get Radio Frequency spectrum to operate. “But we overcome this challenge by using an unique frequency of 1.3GHz, being Spice Net the only 4G/16e Wi-Max operator in the World, taking the full advantage of Technology Neutral and Services Neutral Licensing Frame Work,” he said SPICE NET attributes its success to excellent customer supports and product simplicity. This being on the list of Top 100 Mid-sized Companies is just one of

the many that the company can show. As a business, Spice Net is also working closely with the Surrounding Community. Mr. Choudary said his firm actively involved in various program like Rotary Dar Marathon event. The event seeks to collect funds to help the Cancer Ward at Muhimbili National Hospital. It also supports the Maji Kwa Maisha projects as well as the Resource Centre at University of Dar es Salaam. Spice Net also supporting Starkey Foundation in providing hearing aids to the needy Tanzanians. SPICE NET also supports Chess in Schools program and the only Corporate promoter for Chess in Tanzania.

“I always believe in provision of superior services and that strategy has proved right once again”

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PIM. Issue no. 8, May 2015

CONSTRUCTION PUT’S TANZ THE GLOBAL MAP IN REAL E

As small as it might seem, Tanzania economy will in the near future start to make waves in global trends. And it is not natural gas discoveries only which are going to catapult the country economically. Growth in construction and real estate sub sectors is among the factors which are going to make Tanzania It would be easy to underestimate the impact of global mega-trends on Africa. Findings by a research by Price WaterHouse Coopers (PwC) titled Real Estate 2020: Building the future - suggest a huge impact of global mega-trends on Africa. Global mega-trends, such as rapid urbanisation and demographic changes, will lead to substantial growth in the global real estate industry over the next five years.

But at the point, Tanzania economy is still small in absolute terms with a market size of about US$33.23 billion. But this might change for better if the government and other players, put their calculations correct, given the new developments.

According to The African Development Bank, Dar es Salaam will see population growth of more than 80% by 2025, making it the fastest-growing city on the African continent. The projections for Tanzania economic growth shows that Tanzania will impact in many sectors. But, another factor which should be weighed in is the country’s population demographic. Majority of Tanzania’s population, 44.6%, are younger than 15 years and only 2.9%

According to PwC, key drivers for anticipated growth in the country will be: • Natural gas discoveries; • The growth in industrial sub-sectors such as construction, mining and manufacturing; • Regional integration; • Reforms that improve the ease of doing business; and • A long-term stable democracy.

are older than 65 years, giving Tanzania a relatively young population. This is ambitious workforce that is not going to sit idle and wait for things to happen. These are people who would not only want to make things happen, but also participate in making things happen. The country’s diverse natural resources provide the basis for attracting investment, earning foreign currency and supporting economic growth.

This is so because Tanzania is one of sub-Saharan Africa’s fastest-growing economies which is on the way to become one of the fastest-growing economies of the world.

The PwC’s report findings show that opportunities in the industry will surge, as will assets invested in the sector. But how will these megatrends impact the hugely diverse sub-regional and national markets on the African continent? Tanzania real estate is considered to be very young but emergence of Dar es Salaam as the fastest growing city in Africa, recent gas findings in Tanzania, as well as plans on major projects such as construction of Bagamoyo Port, will enable Tanzania to make significant contribution on the growth of real estate sub sector thus augmenting impact that African continent will have on the global mega-trends. In comparison Tanzania trends are far from matching the fast growing construction sector in Africa. But, as nascent as it seems to be, Tanzania’s construction sector has proved to be a force to reckon with, according to projections contained in the PwC report titled; Real Estate Building the future of Africa – which has been published recently.

PIM. Issue no. 8, May 2015

ZANIA ON ESTATE There are positive signs that Tanzania will stay on a favourable growth path in the long run and establish itself as a viable alternative to Kenya as a gateway to the East African region.

Housing

One of areas which has seen impressive investment in recent years is infrastructure. And, according to the plans, there is more to come. Transport and utilities infrastructure projects worth

Residential sector

US$19 billion are in the pipeline. Improvements to local infrastructure are also expected to have a positive impact on residential house prices. Increased development will lead to greater congestion at the port of Dar es Salaam. The construction of a new US$10 billion port at Bagomoyo will help alleviate congestion once it becomes operational in 2017.

Tanzaniaâ&#x20AC;&#x2122;s real estate market is mainly focused on the residential property sector. The government owns the majority of the residential property units, meaning there are fewer opportunities for home ownership at present. There is a gap between demand and supply of houses in Tanzania which creates a significant opportunity for real estate developers. It is estimated that the housing shortage is close to 3.8 million units, growing by an additional 200 000 units per year. This is coupled with an increasing demand for housing amongst low- and middle-income families, although access to finance remains a

major constraint on the market. The Government has already secured a US$104 million loan from a consortium of financial institutions to assist civil servants to fund housing costs. In the private market, high-end beachfacing properties in Oyster Bay, the Msasani Peninsula in Dar es Salaam and Lake Victoria shore in Mwanza are obtaining the highest rents. This has in turn attracted a number of private companies and parastatals which have started to heavily invest in real estate development and they are reaping dividends.

13â&#x20AC;&#x201A;

S W NE

BRIEF

GOVT: SET ASIDE LAND FOR LOW COST HOUSES

The government has directed district councils countrywide to set aside sufficient land for the institutions which are undertaking projects to construct low-cost houses. Lands, Housing, and Human Settlement Development minister William Lukuvi said this when launching 40 lowcost houses built by National Housing Corporation (NHC) at Mrara in Babati township. Mr Lukuvi, who laid a foundation stone for a similar housing scheme at Buswelu in Mwanza and launched another one at Longido township, said institutions which build low cost houses aimed at enabling Tanzanians get low-cost houses. “We want all district councils to set aside sufficient land for all institutions which will come forward with projects to construct low cost houses in all regions,” he said.

COST OF DEMOLISHING DAR’S CONDEMNED BUILDING DOUBLES

Demolition cost of the condemned 14 storey building on Indira Gandhi Street in Dar es Salaam has almost doubled in just under a year since initial estimates were publicized. Earlier, the Ilala Municipal Council (IMC), under whose administration it falls, had estimated the cost at around Sh600m but that figure has almost doubled in less than one year to over Sh1bn The new estimates are from the Dar es Salaam-based Ardhi University which was

contracted to establish the cost and modalities of demolishing the building. The IMC Public Relations Officer, David Lango, told a local newspapers that the estimated cost increased due to the nature of the building and expertise required to carry out the exercise. “Nine companies have so far shown interest to carry out the job,” Lango said. Of the nine, he named only one, the Tanzania People’s Defence Forces (TPDF) which would undertake the task through its construction unit. “The nature of the building needs companies to have modern equipment to minimise the risk of damaging neighbouring buildings and properties,” he explained. He said as the building has been condemned it may collapse or cause other damages; thus the company which would undertake the job must be very careful. He said despite the interest on the exercise shown by local companies his office was interested to work with foreign companies since most local ones cannot undertake it. “The nature of the building needs companies to have modern equipment to minimize risk of demolishing nearby buildings and properties. Since it is condemned it may collapse or cause other damages. Therefore a lot of care is required during the exercise,” he said.

DON’T TAKE OUR LAND, VILLAGERS BEG The annexation decision was reached several years ago in a bid to protect

the water catchment area for environment care and sustainable management of resources Dodoma. Residents of 17 villages in Mbarali District, Mbeya Region, have camped here to protest the annexation of their land by the government for inclusion in the Mpanga/Kipengere Game Reserve. The annexation decision was reached several years ago in a bid to protect the water catchment area for environment care and sustainable management of the natural resources in the area. Reports have it that 19 CCM leaders from the villages accompanied by their MP Modestus Kilufi travelled all the way from Mbarali to Dodoma seeking to meet with party’s Secretary General Abdulrahman Kinana over the matter. Among other grievances, the leaders claimed that the deputy minister for Natural Resources and Tourism, Mr Mahmoud Mgimwa, was acting contrary to directives of his boss, Mr Lazaro Nyalandu. They alleged that Mr Mgimwa was still insisting on their relocation from the area, even as Mr Nyalandu had written them saying they would not be removed. Government Notice (GN No.28) issued on March 14, 2008 wants the residents to relocate from the area. One Athanas Kikwembe said in 2010 election campaigns, President Jakaya Kikwete assured them that their land would not be annexed by the government. Another resident who accompanied the leaders, Mr Said Bahari, said they travelled all the way from Mbarali to meet their party leader and discuss about their fate.

“We want to tell Mr Kinana that game rangers continue to harass us even as we were assured that our land would not be taken,” he said. For his part, MP Kilufi said President Kikwete’s promise was highlighted by the responsible minister, Mr Nyalandu, when he toured the area last year. The lawmaker said as a leader, he was put in a compromising position because of the uncertainty that faced the people. Responding to accusations levelled against him, Mr Mgimwa, denied acting contrary to his boss. He said: “My tour of the area was aimed at clarifying the Government Notice No. 28 so each party would grasp and respect the content and not otherwise.”

MAYOR: WORK ON DAR BUS TERMINAL WILL START IN AUGUST

Much to the distress of commuters and bus owners, construction of the muchdisputed yet highly anticipated modern bus terminal at Mbezi Luis in Kinondoni District, Dar es Salaam, will not start until much later this year. Citing financial constraints, Dar es Salaam Mayor Dr Didas Masaburi told a local newspaper that work on the Sh200bn terminal meant to serve all long-distance buses will begin in August. Notably, that scheduled period for the construction to begin is almost two years after the plans were publicised early in 2014 when demolition of the current one commenced. In the interim, commuters and bus owners have consistently faulted city authorities for poor planning and lack of efficiency.

Dr Masaburi said work on the project was delayed because of financial constraints however, he remained optimistic that the matter will now be resolved since according to him, the Tanzania Investment Bank (TIB) has granted the city a loan of Sh30bn to get the work started. “We are just waiting for the bank to disburse the funds… we are expecting to start construction by August,” the City Mayor told the Guardian in an exclusive interview over the weekend. According to Dar es Salaam City Council (DCC) the new modern facility which replaces Ubungo Bus Terminal (UBT) will be constructed with funds from both the central government and TIB. He elaborated that the Tanzania Investment Bank together with the Dar es Salaam City Council will participate in the tender process. He said so far they have completed the feasibility study whereas engineers were finalising the sketch. He also said that currently the UBT was in use for the upcountry buses until the new terminal was completed.

KWEMBE RESIDENTS THREATEN TO CLAIM BACK THEIR LAND.

Residents of Kisopwa, King’azi and Mloganzila in Kwembe ward, Dar es Salaam Region have threatened to go back to their areas following a long delay in paying them their land compensation. Should the residents indeed

go back to their land their decision would compromise an ongoing construction of structures meant for Muhimbili University of Health and Allied Sciences (MUHAS). According to them, they have been waiting for such compensation for almost ten years now without any hope of being paid their compensation. Mloganzila Residents Compensation Committee Chairman Frederick Sichona, said that last April President Jakaya Kikwete promised them that they would be compensated for all properties, including land and disturbance allowance as well. According to a letter dated March 6, 2015 from the Ministry of Lands, Housing and Human Settlements Development with reference no. LD/282547/128, the government said it was working on the compensation process though it didn’t mention the amount of money it would dish out and a specific date. “Our worries are, if the central government has ordered the ministry to pay us our compensation why are they delaying to pay us? Last Tuesday we went to the Ministry to see land surveyor and we were told that our case has been sent to Kinondoni Municipal land surveyor but when we got there we were told that he was not in the office and we were told to go there on Thursday,” he added. “How come construction of

the university is proceeding when we have not been paid land compensation? The money paid to us was only for crops and trees……” he asserted. “My committee has for a long time been trying hard to convince people not to go back to their areas but our patience is running out thin. If the government does not tell us exactly the date and the amount they will pay us, we shall convince them to go back to their areas,” he explained About 2,538 residents who were living in the area have been waiting for land compensation for a long time whereby they are claiming for compensation for the land value they surrendered at levels agreed by the authority. The accord had it that residents would be compensated for all properties, including land value. Out of the 2,538 household heads in the area, no one had been paid the promised money for land compensation, instead they were all paid a little amount – some as little as Sh120,000 - for developments made on the land.

DAR ES SALAAM RELOCATED FLOOD VICTIMS TO GET LAND TITLE DEEDS

victims who were relocated in to the district’s Mabwepande ward secure title deeds for their new plots of land. The order was given at the turn of the week by Dar es Salaam Regional Commissioner, Said Meck Sadick in reference to the Jangwani flood victims who the government relocated earlier this year. “We will only be dealing with the residents that we gave land to, built houses for and they stayed we will not take into consideration those who left the area after acquiring their land plots,” the RC clarified. He went on to emphasize that anyone who bought land from the relocated flood victims will not be issued with title deeds. In response, the Kinondoni District Commissioner (DC) Paul Makonda said he will register the lawful Mabwepande residents and areas within seven days. In addition, he urged all residents living in flood prone areas and who wish to relocate to visit his offices for consultation and assistance. He too emphasized that no title deed will be handed to those who according to him ‘betrayed the government and decided to leave’ the allocated lands.

Authorities in Dar es Salaam’s Kinondoni district have been ordered to ensure flood

PIM. Issue no. 8, May 2015 Listing

PLOT FOR SALE

Example

Example Example

MWONGOZO – Kigamboni A beautiful Residential Beach Plot near NSSF Project. Size: 900 sqm Price: Tshs 50 Million. Tel: 0755 323 909, 0783 843 733

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MJI MWEMA – Kigamboni. 1 acre plot in a very good area, with Electricity and Water. 8 kms from the ferry and suitable for Commercial or Residential purpose. Price: Tshs 30 Million. Tel: 0755 323 909, 0783 843 733

Example

KISONGO, BABATI ROAD Size: 126 Acres Price: 2mil per Acres Feature: 5km from Kisongo tarmac road and 12km from Town. Title deed is available. Availability of water and electricity. Tel: 0755 323 909, 0783 843 733

PLOT FOR SALE

Example

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The marvelous plots available for sale in kigamboni beach only 12kms from ferry. The plots size is 993 square meters and well surveyed with title deed and all features including water, electricity, and road access. Price: tzs 85,000,000 Directions: kigamboni beach Tel: 0755 323 909, 0783 843 733

HOUSE FOR SALE

MWONGOZO – Kigamboni A beautiful Residential Beach Plot near NSSF Project. Size: 900 sqm Price: Tshs 50 Million. Tel: 0755 323 909, 0783 843 733

MIKOCHENI Commercial plot on Old Bagamoyo road, ideal for petrol station, Office Block or Mini shopping centre. Size: 1,300 sqm Price: USD 570,000 Tel: 0755 323 909, 0783 843 733

PLOT FOR SALE

KIBADA – Kigamboni. A very big plot with magnificent Ocean View – suitable for Hotel or Apartments. 14 kms from ferry. Size: 57,849 sqm Price: USD 6 Million. Tel: 0755 323 909, 0783 843 733

PIM. Issue no. 8, May 2015

Interview

Carrying the flag of Tanzania is not an easy task and it involves a lot of commitment and hard work. We recently spoke to the people behind this task of carrying our flag internally and internationally and they give us a brief about the company involved into this task. Here is what they said.. Q1) When was Air Tanzania established?

Q&A

Air Tanzania company ltd (ATCL) as the Flag Carrier airline of Tanzania based in Dar-es-salaam with its hub at Julius Nyerere International Airport was established as Air Tanzania Corporation (ATC) in 11th March 1977 after the dissolution of East African Airways. The Airline was wholly owned by by the Tanzanian government until 2002 when it was partially privatised as per the directive of the Bretton woods institutions in order to impliment the country’s structural adjustment program. The government therefore reduced its shares holding to 51 percent and entered into a partnership with South African Airways. Whilest into partnership in 31st March 2003 it was named Air Tanzania Company Limited (ATCL). The partnership lasted for about four years before the government repurchased the shares in 2006 and it is once again a wholly owned government company.

Q2) How many regions do you fly?

Currently we are operating to Kigoma, Mtwara and Moroni (Hahaya) and soon we shall resume our suspended operations to Mwanza, Tabora etc.

Q3) What makes Air Tanzania unique from other airlines?

The uniqueness of Air Tanzania as the National Flag Carrier with the number of years in operations comes from:• Being the only airline in Tanzania with the training school for cabin crew/airhostess that prepares them to offer the first class sevice onboard our aircrafts. • A number of compitent and experienced pilots. • Proffessional Engineers that offers sercives to other airlines when needed • Types of Aircrafts ATCL use to operate with such as Bombardier CRJ-100 and Bombardier DHC-8 Q300. these two commercial aircrafts manufactured by Bombardier Canada are newly designed aircrafts to meet todays operational realities, exceptional widebody with comfortability, excellent airfield performance.

Q4) What are the Challenges you are facing and how do you overcome them?

There are Challenges facing many airlines that are business oriented including Air Tanzania i.e • Airports infrastructure The infrastructure is not keeping pace with the growth forisntance JKNIA is operating above its planned capacty. Airport Operators and the government should plan a constructive aiports to keep costs manageable,gain maximum operational efficiency and build a wider aviation network. • Fuel Pricing Raising Fuel Surchages has been an issue in negotiations between airlines and corporate customers over the costs of airline tickets. Airlines are due to raise fuel surcharge when fuel costs increases. Following the continously falling Oil prices, the government and TCAA should set to decrease the price of Aviation fuel.

Q5) What words would you tell your customers?

Customers should give a total support to their National Airline considering we charge lowest and affordable fares to individuals as well as corporate clients compering to other airlines. But also despite the Best aircrafts in operations the airline has regained its accuracy, efficiency and sustainability. Come fly with THE WINGS OF KILIMANJARO.

Kibaha

Kibah

PIM. Issue no. 8, May 2015

Kibaha

The next big thing Many people knowledge of Kibaha does not go beyond what they see when they travel through Morogoro Road.

Most of them think that Kibaha does not extend far from the road they are using. Others know Kibaha from what they read in the media or internet. To some, their knowledge of Kibaha centres around Kibaha Secondary School, which was once a famous education institution as it was established purposely for talented children from across the country. Others know the district through Kibaha Education Centre (KEC), an institution which has left a huge mark from its activities. Though its name suggests that it deals with education, but KEC goes further than that.

Due to its geographical position and proximity to Dar Es Salaam, Kibaha has turned out to be one of important Districts which absorbs expansion of the sprawling Dare s Salaam.

It runs a famous Tumbi Hospital a well as other income generating activities. Kibaha Education Centre was established in 1970. It was established mainly to serve as a tool for fighting three national enemies which were identified soon after independence; disease, poverty and ignorance. The KEC establishment was, in fact, a result of the grand cooperation rendered to Tanzania by the Nordic countries namely Denmark, Sweden, Finland and Norway.

Government of South Korean has agreed to support the construction of a new MUHAS campus and its medical centre. South Korea has already made available a loan amounting to US$76 million for construction of the facility. This new campus will add to the value of fast growing Kibaha. The new campus would enrol 600 medicine students per year. There are plans to employ more than 500 new staff for the new facility. Some of them might opt to stay in Kibaha, thus providing for opportunity for real estate growth in Kibaha.

But that is very little information about Kibaha. What people read and see when they travel along the road is very little compared to what the district is offering currently. Kibaha is one of ix districts forming Coast Region. In fact it is the headquarters of the Region. The district is bordered to the north by the Bagamoyo District, to the west by the Morogoro Region, to the south by the Kisarawe District and to the east by Dar Es Salaam; and this is where its importance of the District can be found.

20â&#x20AC;&#x201A;

What many people are not aware is that Kibaha serves as a conveniently and important extension of Dar es Salaam. As a result, many institutions have already made decisions to expand their activities to Kihaba. In fact some of them have already started their projects such as the construction of a ultra modern Muhimbili University of Health and Allied Sciences (MUHAS) at Mlongazila, near Kibaha.

One developer who has started to roll out his plans in Kibaha is Watumishi Housing. It has already planned a TSh. 400 billion project for construction of residential houses in various areas in the country including Kibaha. These houses are specifically for civil servants. Coast Region will be among seven regions including Mtwara, Rukwa, Mbeya, Morogoro, Dodoma and Dar es Salaam in which 2,500 houses will be built in the first phase of the mega project. Plans are to construct 50,000 houses by 2019 in all

regions in the country. No wonder that several private firms have started to acquire land in Kibaha and survey it into plots whose prices have started to increase. Real estate development in Kibaha is very real and it is robust that what many people see when they travel through the Morogoro Road.

These private developers are also attracted to further plans which Government is planning to implement. One such project is expansion of section of Morogoro Road between Dar es Salaam and Chalinze into a six lane highway. But plans are also underway to carpet the road connecting Kibaha to Dar es Salaam through Kisarawe. This projects results from another plan of building a major dry port in Kisarawe. Construction of a major port in Bagamoyo is also set to make Kibaha more attractive for investment as infrastructure connecting the new port to other areas will pass through Kibaha. This will make Kibaha accessible through various outlets from Dar es Salaam. Surely, anyone who thinks of finding alternative accommodation, can now shift to Kibaha, which is conveniently positioned to absorb expanding Dar es Salaam. To investors and real estate developers, Kibaha is the next big thing which is happening right now.

BOKO TIMIZA KIBAHA 1 .0 25

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A = 989 Sqm.

9 C4 IP

7.22 52

1 .0 25

A = 1000 Sqm.

1 .0 25

21 U ZG 1 0

C IP

0 .0

A = 1000 Sqm.

.0 4

U ZG

.0 2 0 .0 25

A = 1000 Sqm.

.0 4

.0 4 25

.0 4 27

.2 5 ZG U 8

40 .0 2 .0 25

1 .0 25

0 13

A = 1000 Sqm.

.0 4 25

.0 4

22 .5

.0 2

ZG U

.9 2

ZG U

U 4

.0 2 9

1 .0 25

U ZG

A = 1,00 0 Sqm.

.0 40

1 .0 25

Sqm.

9 35.

20 ZG

A = 1000 Sqm.

1 .0 25

A = 1000 Sqm.

A = 1,00 0 Sqm.

A = 1,000 Sqm.

2 .0

1 13

A = 3,266 Sqm.

U ZG

1 .0 25

A = 1,00 0 Sqm.

0 .5 39

0 .0

.0 3

.0 4

.0 2

40 .0

10 ZG U

IPC 41

7.06

A = 987

1 IPC .0 4 15 ZGU

A = 788 Sqm.

1 .0

40 .0

.0 2

A = 1,066 Sqm.

12 .88 3

2 13

A = 1,18 3 Sqm.

.0 35

A = 709 Sqm.

1 .0 20

.0 4

.0 2

.0 20

2 .0

9 .2 46

8 7.44

2 .0 40

A = 1,00 0 Sqm.

7.47

A = 3,45 9 Sqm.

12 1

A = 1,16 8 Sqm.

4 .9 97

1 .0 20

A = 800 Sqm.

40 .0 2 1 .0

A = 800 Sqm. A = 800 Sqm.

1 .0 20

5 6 1 C .0 U 8 IP 20 ZG 7 25 7.09 U

A = 988 Sqm.

1 25

A = 1,00 0 Sqm.

2 .9 50

A = 987 Sqm.

7.09

A = 1,00 0 Sqm.

AREA = 1.07Ha

A = 1,00 0 Sqm.

1 .0

20 87

5 .3 97

A = 1,00 0 Sqm.

2 1

A = 988 Sqm.

7.09 U ZG

A = 1,00 0 Sqm.

2 6

4 1 .0 U 9 20 ZG 12

1 .0 25

A = 1,00 0 Sqm.

9 U

A = 988 Sqm.

1 .0 25

7.42

7.09

1 .4

3 .1 44

1 .0 20

A = 1,346 Sqm.

40 .0 2

A = 800 Sqm.

1 .0 20

A = 800 Sqm.

.0 20

A = 1,17 5 Sqm.

9 .0 35 3 12

1 .0 25

1 .0

.0 A = 988 Sqm.

7 .0

7 C5

A = 1,09 6 Sqm.

7.28 0 C6

1 .0 20

A = 800 Sqm.

1 .0

A = 1,00 0 Sqm.

1 .6

A = 1,00 5 Sqm.

4 .3 41

A = 1,00 5 Sqm.

7 .0 35

A = 1,00 0 Sqm.

1 .0 25

7 .0 35 A = 989 Sqm.

7 .8 43

A = 1,080 Sqm.

1 .0 25 .9

2 8

40 1

A = 1,00 0 Sqm.

8 C5

A = 1,001 Sqm.

7 .0 40

A = 1,144 Sqm.

4 .1 45

A = 1,11 2 Sqm.

1 .0 20

A = 800 Sqm.

2 A = 800 Sqm.

.0 20 .0

.0 20

A = 800 Sqm.

7.13

1 .0 25

A = 1,00 0 Sqm.

2 .0 40

ZG IP

7.25

3 C6

A = 1,00 0 Sqm.

7 .0 40 A = 1,00 1 Sqm.

7 .0 40 A = 1,001 Sqm.

7 .0

A = 1,001 Sqm.

A = 1,00 1 Sqm.

1 .0 25

A = 1,00 0 Sqm.

7 .0

7 .0 40

A = 1,00 1 Sqm.

7 .0 40

A = 1,001 Sqm.

A = 989 Sqm.

7 .0 35

A = 1,00 0 Sqm.

1 .0 25

A = 1,00 0 Sqm.

1 .0 25

A = 1,00 0 Sqm.

1 .0 25

A = 1,00 0 Sqm.

1 .0 25

A = 989 Sqm.

7 .0 35

1 .0 25

A = 1,00 0 Sqm.

1 .0 25

A = 825 Sqm.

98 U .90 ZG 16

1 .0 25

A = 748 Sqm.

0 .0 20

0 .1 7.25 13 95 U 2 ZG 10 U ZG

A = 1,00 1 Sqm.

7 .0 40

A = 1,001 Sqm.

7 .0 40

A = 1,00 1 Sqm.

7 .0 40

1 .0 20

9 .0 35

A = 1,07 8 Sqm.

1 .0 20

2 A = 800 Sqm.

www.propertyinternationalltd.com

*Vigezo na masharti kuzingatiwa

YA THAMANI YA KIWANJA A = 1,001 Sqm.

A = 1,00 1 Sqm.

7 .0 40

A = 1,001 Sqm.

7 .0 40

A = 1,001 Sqm.

7 .0 40

9 .0

99 U 8 U .78 ZG 18

A = 1,063 Sqm.

7.28

1 .0 20

40 .0

ZG U

DREAM TO REALITY

P. O. Box 45548 | 8th Floor Mariam Tower, Songea Rd / ShauriMoyo Rd Dar es Salaam, Tanzania E mail:info@propertyinternationalltd.com,

PROPERTY INTERNATIONAL LTD

50 IPC

A = 800 Sqm.

2 40

A = 800 Sqm.

Tsh: 12,000 kwa mita ya mraba 7.03

7.06

66 1 C6

1 .0 20

7.03

7.28

55 IPC

IPC 71 IP

A = 900 Sqm.

8 .8 21

2 .0

40 20

A = 800 Sqm.

.0 A = 824 Sqm.

2 Z

6.67

7.06

NUNUA SASA 6.67

.0 9

98 4. 7.28 1 GU 5

56 IPC

IPC

68 IP C

ZG U 6

IPC43

7.03

IPC IPC 53 46

IPC

IPC 54

7.04 IPC 59

6.86

6.71

UPATE KIWANJA 6.89

6.89

IPC 44 IPC

6.89

IPC 70

VIWANJA VYA MAKAZI NA BIASHARA LIPIA VINAPATIKANA

Viwanja vilivyopimwa vinapatikana Tumbi (Kibaha). Vyenye maji, umeme na barabara zimechongwa. Vipo umbali wa kilomita 6.5 toka barabara kubwa ya Morogoro, 30km kutoka Dar es salaam 4km kutoka Hosipitali ya Tumbi.

“ WAHI SASA, VIWANJA NI VIZURI NA UTAWEZA KUPATA MKOPO USIO NA RIBA”

0684 633 333 / 0783 843 733 97

7 96

4 .0 20 1 0

.0 4

.0 3

.0 4

21 1 10 .7 GU Z

.0 9

PIM. Issue no. 8, May 2015

The property market of the newly built houses is booming in Tanzania and now it is the right time for you to get into the “mix” of becoming a property tycoon. In the past our fathers and grandfathers used to buy or build houses in various areas of Dar es salaam City and suburbs. Places like Kariakoo, Magomeni, Temeke and Manzese, these areas seemed to be

not ‘posh’ but at the moment, the prices of houses in these places are enormous. To buy a rather ‘rammed down’ house in Kariaokoo will cost you not less than $600,000 while plots along the road in Manzese will cost around $200,000 to $400,000.Those old guards and the people who inherited them are the property millionaires of today.

Despite the fact that properties are expensive but seamlessly, it is one of the most profitable and less risky business in Tanzania. Many players are going into this business which will benefit the public by offering good decent housing and as the trend goes with the increase of many companies in the property market, the prices of these properties will eventually

PIM. Issue no. 8, May 2015 be affordable to most low income earners. As the CEO of REMAX Tanzania puts it “the market is huge and cannot be saturated in the next 20 years”. Now it is your chance to be involved in one way or another in the business. Various companies are offering many ways of acquiring properties. These ranges from outright purchases, rent to buy schemes, mortgages of various types e.tc. The next 17 -step guide will help you to become a property millionaire. It is hardly foolproof or risk-free, but it incorporates practical tips from the experts.

1. Target flats rather than houses

Most observers agree that investors who put money into flats tend to generate a good return. “Generally speaking, flats make better buy-to-let investments than houses, and if your budget will stretch to a two-bedroom, two-bathroom flat, we would always advise that,” says Andrew of Blackwood Consult.

2. Be patient

t’s important to assess all the pros and cons of an investment before jumping in. “Remember that property is a long-term game, and if you want to make money from it, never put yourself in a position where you are forced to sell,” explains George of Property International. The problem is many investors commit precipitately to a purchase after listening to the sales pitch from a developer. They should talk to local expert agents before taking the plunge.

3. Don’t put all your eggs in one basket

As with stocks and shares, a diverse property portfolio is much more likely to weather financial turbulence than one relying on a single, bold gamble. The potential return on that beach development in Mbezi Beach may look mouth-watering, but if the Magomeni one lets you down, it is nice to have a simple buy-to-let in Kigamboni to fall back on.

4. Always look for ways to add value “One of the best ways to make money out of a property is to add value to it,” says Gunyo of Blackwood. “Even seemingly unglamorous purchases can prove lucrative. For instance, consider a property in Mbagala/ Mwananyamala but give it a ‘facelift’ will all self- contained rooms and nice well painted security walls, it may fetch the same rental price as a property in Sinza or Mwenge despite the distance from the city Centre...”.

5. Become tax-efficient

You will never become a property millionaire if you pay the taxman more than you absolutely have to. “There are many ways to keep your tax bill down, and you should take full advantage of them if you want to achieve maximum capital growth

“Pick the right partners, people you can trust, with expertise in their chosen field, ”says Mohd, managing director at Blackwood Consult Ltd.” 23

PIM. Issue no. 8, May 2015

6. Exploit local knowledge

It sounds obvious, but when buying a property, it’s not going to be easy to spot a bargain thousands of miles away. The sort of property that is so reasonably priced it can hardly fail to appreciate in value is going to be much easier to spot in your own backyard. In addition, you will have all the vital information about schools, transport and so on at your fingertips. You will also find keeping tabs on tenants so much easier than from another town.

7. Start at home

Are you nearing retirement age and living in a tired and dilapidated family house that is far too big for you? Then consider breaking it up into two or three flats. You can keep one flat for yourself and use the others as the first building blocks in your property portfolio, advises Kudura from Property International. It makes obvious financial sense to release some equity from your biggest asset, and you will be on the spot to oversee the newly created flats.

8. Find professional partners you can trust

Unless you are a financial wizard with a law degree and advanced DIY skills, you are going to need professional help in building your property portfolio. “Pick the right partners, people you can trust, with expertise in their chosen field,” says Mohd, managing director at Blackwood Consult Ltd. Finding dependable builders, lawyers and accountants is not just key to maximising your profits, but will offer you peace of mind during a complex process.

9. Is there cash in your attic?

If you are thinking of selling your main home to raise capital and kick-start your portfolio, consider making value-adding improvements first. Room conversions and extension – assuming you have not employed a cowboy builder – can add 20 per cent to the value of a property, according to a recent property survey.

10. Take advantage of low mortgage rates

“Turning an initial investment of $200,000 into a $1 million portfolio is certainly achievable if you do your homework,” says Davidson of Property Investment. “One possible strategy might be to buy eight properties costing $100,000 each, using a 75 per cent build-to-let mortgage, and putting down a $25,000 deposit on each. “Invest intelligently in vibrant, up-and-coming cities such as Mwanza and Arusha, and you would soon be in a position to purchase four or five more similar properties.”

14. Don’t trust estate agents’ estimates of rental yields

Novice build-to-let are at the mercy of estate agents promising unrealistic rental yields. So don’t trust the agents, do your research and get genuinely independent advice, says George of Property International. Don’t turn your nose up at unfashionable suburbs

15. Could Zanzibar/ Pemba/Mafia be a cash cow?

“For anyone nearing retirement, I would strongly suggest build-to-lets in suburban Dar es salaam,” explains Gunyo of Blackwood. Plots are much cheaper and affordable in Mlandizi, Chanika and Kibaha, while it will only take a short while to achieve the maximum potential.

In a recent report highlighting islands where property prices have remained resilient during the past decades – and which offer outstanding long-term investment potential – the Mafia Islands has a lot of potential to become one of the most visited Islands in the world, thanks to the whale migration watch.. “The next 10 years will see a growing appetite for island real estate development,” predicts Ms Moore, from property International.

12. Think Tandale/Ilala market

16. Become a transport predictor

11. Don’t turn your nose up at unfashionable suburbs

Even if you prefer shopping in Uchumi or Game, you should keep an eagle eye on what Tandale market is doing. If there is a new Uchumi scheduled to open in Kigamboni, then a better class of resident in the area – and a subsequent hike in house prices – can be confidently predicted.

13. Look for young professionals as tenants

“If you are pursuing a high-income investment strategy as a means of building a $1 million portfolio, the best tactic is to invest in premium-quality, lowcost shared accommodation for working professionals,” says Mohd of Blackwood Consult. With the right tenants, converting a single-occupancy property into one in multiple occupation will lead to significant capital gains, covering the refurbishment costs with plenty to spare.

When you analyse why house prices have grown faster in some areas than others, you will often find that the single most important factor is improved transport, slashing commute times. But it is no good waiting until that new bus stop has been built before sinking money in an area. You need to stay ahead of the game, study long-term transport plans and pinpoint areas that will get the benefit of improving rail links in five years’ time. .

17. Remember the growth potential in gardens

Even if you are investing in a city apartment, remember how much people value fresh air. “Our research suggests that Dar es salaam properties with some kind of outdoor space, such as a small patio, are worth 20 per cent more than properties without such a space,” says Gunyo, head of Blackwood Consult.

PIM. Issue no. 8, May 2015

Interior Design

How to Involve your Children in Home Décor

Many people are in habit of deciding there home décor all by them without even involving their children. However involving children can be as amazing as anything as their colourful mind can exhibit interesting ideas that may surely get you best decorative ideas. When it comes to children’s room then it becomes all the more important to get their creative ideas even if it is small thing that need to bring here. It becomes parent’s responsibility to ask their children whether they are small, teen or youngster there minds are as creative as any interior designer. So involving them into this would also grant them an opportunity to explore their own innovation that might lying somewhere in their conscious. Though

not all the rooms should be left on kids help but there are some rooms in a house which can be given a makeover as per children desire. Spending bucks on purchasing expensive artifacts for their room it would be ideal to let them draw with their own and this might enhance their creativity. Children usually get bored easily with the things such as paints, toys and arts so let them allow to create on their own with different material like canvas painting, paper painting, and hand painted wall. You can tell them to make some aesthetic paintings and other creative art that can be framed to hang on your decorative walls. Other way to let your children express themselves in their own space is by

incorporating white board, chalk board and bulletin board so as to customize themselves. This will help them to create and recreate by giving different opportunities and while encourage them to write good interesting quotes on them. Let them display their report cards, rewards and photographs on the bulletin board and notice board. Hence getting children’s ideas will give them opportunity to grow and enhance their intellectuality also save your money from sinking into petty things. So make the most out of your kid’s creative ideas and refurbish your home with decorative things made at home.

A HEAVENLY PL OF DEGE ECO V so our project is in an area where there is less population and more Peace. The prices of our units are very affordable where you can reserve your house at only 2%. As we all know, the bridge that connects the mainland and Kigamboni is going to be ready soon so the business is going to slowly shift to Kigamboni and the prices of plots and units will go up by almost 100% (according to the research that we have done in the past 10 months). I urge people to invest in our project NOW as later on the prices in Kigamboni will be difficult to afford.

How is your project different from similar one like this?

Brief History about Dege How can people take Eco Village. advantage of a uniquely Dege Eco Village was an idea brought beautiful project like this by National Security Social Fund (NSSF). one? They were looking for a construction company that has the ability to handle this huge project. Azimio Housing Estate is a well known Real Estate company and has the ability to handle huge scale projects.

The two parties agreed to make a joint venture and change the idea to the Million Dollar project and that is how it all started until now where as Dege Eco Village is not only a Project but a Brand known by almost everyone in not only Dar es Salaam but the entire country.

Dege Eco village is a housing project that covers a land of 300 acres. Along with the residential areas where you have 7100 Apartments and 300 Villas, we also have all the amenities that you need to lead a normal life. The amenities include Schools, Hospitals, Bus Stations, Fire Station, Shopping Malls, Police Station, Petrol Station, etc. 80% of the population in Dar es Salaam lives in Ilala and Kinondoni Districts where as only 20% lives in Temeke District (more specifically Kigamboni)

Our Project is a self sustained project. There is no other project similar to Dege Eco Village because Dege Eco Village is one of a kind. We have a gated community and all facilities available where it makes someone feel like they are staying in heaven. As our slogan says â&#x20AC;&#x2DC;A Heavenly Placeâ&#x20AC;&#x2122;. The interior is developed with Singapore design, the Tiles are Spanish, the Kitchen is Italian and so many other special qualities are in our project that makes it different and beautiful from all other similar projects. Our project is developed by using a very unique technology called The Tunnel Framework. This technology gives your house a guarantee of 100 Years because of the solidity in the construction. This technology makes our project different from all other similar projects that we have in Tanzania.

LACE VILLAGE Can you give details of the saying ‘What you see is what you get’?

Our master plan is digitized in a 3D animation video clip that we use to show our clients. What is shown in the clip is exactly what you will get from our project. The designs, The Interior, The landscaping, etc. In fact if you visit the site, you will notice that the development is already looking like the way we show to the world. Simply a MASTERPIECE.

What are the advantages of the public to buy from you now? As I mentioned earlier, according to our research, prices in Kinondoni and Ilala have gone down by almost 30% and prices in Kigamboni are going up by almost 100% so right now is the right time to reserve your house in our project as it is going to save you a lot of money for future.

Dege Eco Village is the talk of the town and owning a house at Dege right now is a massive Investment for the future as you will be an owner of a world class house. The reservation fee is just 2% right now so it is very affordable. Don’t miss the glorious chance.

Adam Jusab

Marketing Executive Dege Eco Village

eco village

PIM. Issue no. 8, May 2015

COMMERCIAL PLOTS FOR SALE

LIGHT INDUSTRIAL PLOT IN MIKOCHENI A very potential light industrial plot of 5,000 sqm, with warehouses, offices and big fence wall. Location: Mikocheni A Amenities: Electricity, Water and access to the main road (Ali Hassan Mwinyi Road).

A prime located plot on the main road – suitable for Residential and Commercial purposes. Size: 2500 sqm

Tel: 0755 323 909, 0783 843 733

KARIAKOO Block – N, Plot No. 121. Nyati Street, opposite Young African Football Club. Price: Tshs 405 Million. Tel: 0755 323 909, 0783 843 733

Price: USD 1.6 Million Tel: 0755 323 909, 0783 843 733

MWENGE – INDUSTRIAL PLOT A 1.5 acres, well fenced plot just few metres from the tarmac road. The plot contains 4 houses which can be used as offices.. Amenities: Electricity, Water and access to the main road. Title Deed available. Price: USD 1.5 Million

Tel: 0755 323 909, 0783 843 733

MBAGALA – COMMERCIAL PLOT A commercial Corner plot on the main road - hosting a lot of business activities like shops, pub, salons, restaurants, etc. The plot is ideal for a Shopping Centre, Petrol Station, Business Centre, etc Title Deed, Electricity and Water – available Price – Negotiable.

Tel: 0755 323 909, 0783 843 733 BAHARI BEACH AREA

BAGAMOYO A beautiful plot in Ukuni Area. Plot No.190, Size: 1001 sqm Price: Tshs 30 Million, Tel: 0755 323 909, 0783 843 733

PLOT FOR SALE IN KIGAMBONI (Dege Eco Village)

A beautiful Beach plot in Ras Kilomoni area. The plot has a big fence wall and access to the beach. Electricity, Water and Title Deed are available. The plot is ideal for a Commercial Structure. Size: 2000 sqm

Price: USD 500,000/Tel: 0755 323 909, 0783 843 733

NYERERE ROAD (AIRPORT AREA)

A 2 acre commercial plot on the main road, suitable for warehouses, factory, yard, etc Price: USD 600,000/-

Tel: 0755 323 909, 0783 843 733 MIKOCHENI – (Rose Garden Road)

DEGE – KIGAMBONI

A very attractive plot in Mbutu area, near Dege Eco Village. Few metres from the main road. Electricity, Water and Title Deed are available.

Price: Tshs 15 Million. Tel: 0755 323 909, 0783 843 733

FURNITURE ARRANGEMENT IDEAS FOR SMALL ROOMS

Make your small living room seem larger with these furniture arranging ideas and smart decorating tricks.

PIM. Issue no. 8, May 2015

Travel

TANGA

“Here we come”

Team at down town Korogwe Mombo

From left George Colyvas (Sales executive), P.I.L General Manager, Zohra Moore (Marketing Manager), Gharib Khamis (IT)

Visiting our sites

Are you from Korogwe or Mombo Tanga Region? This is an opportunity of a lifetime to acquire affordable plots right at the vicinity of one of the fastest growing towns in Tanzania. Property International and Korogwe Municipality are in arrangement to make this plan happen in the nearby future. Only few hundred plots will be available for sale at first come ‘first serve basis’, be ahead of your game, stay focused and never miss this opportunity to grab a decent bargain. Sometimes luck strike once in your lifetime,” you only have one shot … so let it count”.

Photographer: Joseph

MKOPO! Usio na riba kwa wote

LIPIA YA THAMANI YA KIWANJA

UPATE KIWANJA

Nimetimiza malengo, sasa ninamiliki kiwanja

Property International limited kwa kushirikiana na Amana Bank inakuwezesha kupata mkopo wa kununua kiwanja.

- FUNGUA ACCOUNT AMANA BANK - CHAGUA KIWANJA *Vigezo na masharti kuzingatiwa

Kwa maelezo zaidi wasiliana kwa namba 0684 633 333 / 0783 843 733

PIM. Issue no. 8, May 2015 Uses | Discoveries | Solution | Health

Expert advice on how to find, troubleshoot and fix a roof leak, including what to do in a roof leak emergency.

The source of most roof leaks is hard to find because it originates away from where the leak shows up. In order to find the source of a leak, follow a roofer’s advice and “think like water.” Water typically comes in through worn, broken, or missing shingles; where nails have worked loose; or through corroded or poorly sealed roof flashing around vents, skylights, or chimneys or along the intersections of roof planes. Once water passes the roofing, it flows along the sheathing, roof rafters, or topside of ceilings until it finds a place to drip down—inevitably onto your favorite piece of furniture. Look for a roof leak during the day. Go into the attic with a bright flashlight; step only on secure framing members and never on the insulation or topside of the ceiling below—neither of these will support you! Start above the place where the drip has occurred and work your way uproof, looking for wetness along the framing members.

Place the sandwiched end of the plastic along the eaves. Stretch the sheeting from eaves to ridge, running it over the top of the ridge and down the other side a few feet.

Sandwich the top end of the sheeting with another pair of 2 by 4s so the wind will not carry it away. Do not nail any part of this assembly to the roof. To do this, one person goes onto the roof with a garden hose; the other person goes inside the attic with a bucket and a strong light. The person in the attic watches carefully while the one on the roof floods the roof with the hose, starting at the bottom (the eaves) and slowly working uproof until water from the leak appears in the attic. Once the leak is found, push a nail up through the hole to mark its location for rooftop repair. Mark the surface of the roof with chalk, if necessary.

Roof Leak Emergency

Here is how to make an emergency cover for your leaking roof from plastic sheeting and 2 by 4s:

Water-Testing for Roof Leaks If you can’t find the cause of a leak from the attic or by visual inspection on the roof surface, wait for dry weather and ask a friend to help you do a water test.

Solution

How to Find & Fix a Roof Leak

Partially unroll or unfold enough heavy (6-mil) polyethylene sheeting to cover the leaking section of roof, from eaves to peak; add about 4 feet extra, and cut it with a utility knife. Wrap one end around a 2 by 4 that is as long as the plastic’s width; staple the plastic along the 2 by 4. Sandwich the assembly with a second 2 by 4, and nail the boards together with three or four 3-inch or 3 1/4-inch common nails.

Fast Fix for a Roof Leak

If you know that a roof leak is being caused by a hole, sometimes you can temporarily fix it with a 12-by-12inch piece of galvanized sheet metal flashing, available at almost any home improvement center or hardware store.

Lift the damaged shingle with one hand, and push the sheet metal flashing up underneath the shingle so the sheet metal covers the hole. It may be necessary to pry up one or more roofing nails in the row above the damaged shingle so you can push the flashing all the way up under the course of shingles above the leak so water will be shed over the metal.

About Do-It-Yourself Roof Repair

Working on top of a roof can be difficult and dangerous. Unless your roof’s pitch is relatively low and you have the necessary experience, tools, and confidence to get the job done safely, you should leave this work to a professional.

PIM. Issue no. 8, May 2015

Feature | Guide | Advice

KNOW THE PLAYERS IN COMMERCIAL REAL ESTATE

Every line of business has its pundits who like to refer to the business as being a sort of game. I donâ&#x20AC;&#x2122;t dismiss this notion, and actually am a believer that game theory has its place in real estate. Every game has an objective, a set of rules, a concept for what it takes to win, and of course players or participants. Who are the players in commercial real estate? This article explores that very issue.

done in the world of commercial real estate. It is no less important to know the professional players because, without them, you will find the business of commercial real estate much more difficult to navigate. A great way to build a business is to start assembling a team of professional players, who will both help introduce you to investor players, but will also give you more credibility when you make contact with other investors.

First, letâ&#x20AC;&#x2122;s look at this from the investor side of things. Every market has investors, large and small, who are interested specifically in commercial caliber real estate. Some of these are what I call Tier One investors, who look for small to medium-sized commercial buildings. Tier Two investors look for even larger buildings (exclusively so) and Tier Three investors are perhaps the biggest players of all, responsible for developing new properties. While this player breakdown is pretty loose and definitely unofficial, I think you get the general idea. Some investors are finders of properties and some are creators or developers of properties. Any and all of them may build funding for their projects through collaboration with others but all are people you would benefit from knowing in your area as you start building your own business. These players may have deals to offer and some may be interested in collaboration so these contacts are essential. Next, we have professional players, who would include personnel like commercial realtors, bankers, appraisers, property managers, contractors, bird dogs and the like. As you can imagine, these players are also very important but they are more from a supporting role to help get things

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Last, we have the behind the scenes players, who would include city or county officials, code enforcement reps, planning and zoning specialists, architects, and engineers. These personnel are no less important to playing the commercial real estate game and are arguably the most integral, given that seasoned investor players regularly and effectively use behind the scenes players as a part of their successful formula. When you embrace the game aspect of commercial real estate and recognize that there are indeed players you must recognize, your own ability to play and play to win will go up dramatically. When this happens in this business, profits are soon to follow.

VIKURUTI HILLS-KIBAHA VIWANJA VYA MAKAZI NA BIASHARA LIPIA VINAPATIKANA

YA THAMANI YA KIWANJA 15

UPATE KIWANJA

CEMETARY

PB NS

HOUSING ESTATE

10 RELIGIOUS SITE 20 HOTEL SITE

OS 15 15

15 20 OS

10 RELIGIOUS SITE

PETTY TRADING

COMMUNITY HALL

NUNUA SASA MARKET

PARKING

SHOPPING MALL

DISPENSARY

OS RELIGIOUS SITE

HOUSING ESTATE

15 15 20

20 20 OS

10 15 OS HOTEL SITE

CHILDREN PLAY ROUND HOUSING ESTATE CEMETERY

PROPOSED SECONDARY SCHOOL

Tsh: 6,000 kwa mita ya mraba

Viwanja vilivyopimwa vinapatikana Mlandizi (kibaha). Vipo umbali wa km50 kutoka Dar es salaam km6.5 kutoka barabara kubwa ya Morogoro. Vina barabara zilizochongwa, maji na umeme .

“ WAHI SASA, VIWANJA NI VIZURI NA UTAWEZA KUPATA MKOPO USIO NA RIBA”

0684 633 333 / 0783 843 733 PROPERTY INTERNATIONAL LTD DREAM TO REALITY

P. O. Box 45548 | 8th Floor Mariam Tower, Songea Rd / ShauriMoyo Rd Dar es Salaam, Tanzania E mail:info@propertyinternationalltd.com,

*Vigezo na masharti kuzingatiwa

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PIM. Issue no. 8, May 2015 Listing

PLOT FOR SALE

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Industrial plot for sale located in a very prime area at Mikocheni, Light industrial area. The plot size is 4600 Sqm with a clean title deed. Plot is featured with availability of water and electricity, access of road. Therefore the area might be ideal for industrial use, godown or any other big projects. Price: US$ 2,500,000/= Tel: 0755 323 909, 0783 843 733

PLOT FOR SALE

Example

4 vailable plot at Bunju few kilometers from Bagamoyo road, with clean title deed, water and electricity and access to the road. Price: Tsh. 400Mil Tel: 0755 323 909, 0783 843 733

PLOT FOR SALE

Example

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Example

MIKOCHENI Commercial plot on Old Bagamoyo road, ideal for petrol station, Office Block or Mini shopping centre. Size: 1,300 sqm Price: USD 570,000 Tel: 0755 323 909, 0783 843 733

Nyerere Road (Airport area) A commercial plot of 8,000 sqm on the main road.Suitable for Warehouses, Factory or Yard. Price: Tshs 800 Million. Tel: 0755 323 909, 0783 843 733

PIM. Issue no. 8, May 2015 Listing

PLOT FOR SALE

KIGAMBONI – NEAR DAR ES SALAAM ZOO

Example

Plot for Hotel Development. Total Area is 49700 Sqm. 27 Km from ferry. The area is approved for Residential and Commercial use and granted Hotel development permit. Price: Negotiable Tel: 0755 323 909, 0783 843 733

15083 SQM

FOR SALE

9 plots in the same compound, Ideal for commercial use such as Apartments, villas or cottages. The total area is about 3 acres. Available for sale. Price: US$ 550,000/= Tel: 0755 323 909, 0783 843 733 5 ac Plot situated close to Morogoro road on the Ruvu River, a opening land offering a range of attractive potential houses site all with lovely views, 5mnts by walking from Morogoro road. Water & electricity are available Tel: 0755 323 909, 0783 843 733

A huge plot on a hill with magnificent view. The plot is on the main road of the Dar es Salaam Zoo – suitable for Hotel, Apartments or Commercial Complex. Size: 15,083 sqm. Price: Negotiable, Tel: 0755 323 909, 0783 843 733

Bahari Beach Plot for sale (3750 Sqm) near Bahari beach hotel and less than 500m from the main road (Kunduchi Road). The plot has a clean title deed, and suitable for commercial development such as Apartments, community hall or any other potential investment. Tel: 0755 323 909, 0783 843 733

PLOT FOR SALE

Example

MIKOCHENI Commercial plot on Old Bagamoyo road, ideal for petrol station, Office Block or Mini shopping centre. Size: 1,300 sqm Price: USD 570,000 Tel: 0755 323 909, 0783 843 733

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Nyerere Road (Airport area) A commercial plot of 8,000 sqm on the main road.Suitable for Warehouses, Factory or Yard. Price: Tshs 800 Million. Tel: 0755 323 909, 0783 843 733

PIM. Issue no. 8, May 2015

Ag Tigo Tanzania General Manager Cecile Tiano, making her key note speech during TIgo’s launch of 4G LITE network the fastest network in Tanzania.

Ecobank Tanzania Head of Domestic Banking, Joyce Malai hands over donations worth over 7Million TZS to Lulu Ng’wanakilala, The Executive Director of UMATI Tanzania.

PSPF D.G Mr. Adam Mayingu , MAXCOM officials and Deputy Minister Juma Nkamia, launching new PSPF service which entails members to be able to transfer their contributions through Maxcom.

Treasury registrar Lawrence Mafuru speaking at a press conference about Twiga Bancorp’s progress and achievements. With him are Twiga Bancorp ltd Board of Directors Chairman Prof. Amon Mbelle (L) and CEO Mr, Cosmas Kimario (R ).

Airtel Tanzania MD Sunil Colaso handing over a kindergarten class room built by Airtel staff at Mshindi Primary school Mikocheni B DSM.

Bayport Financial Services launching their 80th Branch in Ileje Mbeya. In the picture is Ileje D.C Hon. Rosemary Senyamule and BFS Manager Southern Highlands zone Mr Alpha Akim.

MD of NHC Mr. Nehemia Mchechu (L) and Mr. Moremi Marwa of DSE, signing the contract of purchasing part of Morocco square building at Kinondoni built by NHC, to be used as DSE offices.

Marketing manager GEPF Mr. Aloyce ntukamazina (L) handing GEPF membership card to Dodoma R.C Hon. Chiku Gallawa, in the launch of their services in Dodoma and Singida.

PIM. Issue no. 8, May 2015 Finding Motivated Sellers: Luck or Hard Work

Did you just hear about the investor in your city that closed on a deal netting them $15,000 and they didn’t even have to lay a hand on the property? Or what about the person that just bought that rental house on the same block for 3050% less that what you paid for yours? Are you at the point of scratching your head and thinking they’re just lucky? Or probably that’s all they do and just don’t have a life outside of real estate....right? Somewhere in between total luck and absolute sell-out hours chasing deals is where you should be in finding truly motivated sellers, or rather having them finding you. It’s a weird coincidence that the smarter I work, the luckier I get finding great deals. Did you catch that? It’s not always about how many hours you put into real estate and how hard you work at your marketing program that produces the best results which is finding great deals that puts money in your pocket and that’s what real estate investing is all about. Let me share with you some simple principles in marketing for the independent real estate investor. You may already be in tune with some of these, but let’s all take a pulse-check here and make sure we’re on the right track.

1. What Are You Hunting?

I’m asking what types of properties and real estate opportunities are you seeking? The more narrow your focus and marketing efforts can become to a target group, the greater success you will experience. If you are seeking

wholesale opportunities, then you will not gain very much success putting out “I Buy House/Lease Option” bandit signs next to established neighborhoods. In addition, you will not gain a favourable response direct mailing to pre-foreclosure prospects if the primary weapon in your arsenal is cash-only deals with hard money lenders that don’t go above 70% value. The marketing medium you use and the message you accompany with it that hits the right target market turns sellers into motivated sellers. There simply is no generic marketing message and medium that is a “one-size-fits-all” approach in real estate.

2. Just How Much Money Can You Spend?

Now, we’re talking about something that hits home real fast when it’s about coming out of pocket with hard-earned money in the “hope” that it will come back to you in the form of truly motivated sellers. If you’re first starting out in real estate investing then it’s imperative that you have a short-term budget to work within so that you’re not forgetting about paying for all the other necessities in life: food, shelter clothing! You simply DO NOT have to have a large marketing budget to be effective to grow your RE business. So it’s all about hitting your target market as explained in #1. However, be realistic about what monetary constraints you have and how to incrementally build your marketing program as you experience more and more success.

3. Track Your Results!

Oh, we miss the boat on this one so much. When you are incorporating bandit signs, direct mail, flyer campaigns, etc... it can start to get confusing where and if your success rate justifies the marketing mediums you are using. Tracking your responses and closures of deals is necessary so that you can identify areas that need to be tweaked or worked on. Most importantly though when you find out that great mailing list is really working or the flyers in a particular neighbourhood is getting tremendous feedback....then go in for the kill! I mean when you are measuring success and can track it effectively it allows you in full financial confidence to justify increase in marketing expenditures for areas that are producing the results desired. My hope is for you to realize that marketing to the real estate investor is the lifeblood of his/her business. Great deals rarely come knock on your door to find you. They find you when you have a marketing system implemented that is like a funnel pre-screening sellers for motivation and directs them to then contact you immediately. By S Rister

PROPERTY INTERNATIONAL MAGAZINE THE REAL MEDIUM FOR REAL EASTATE MARKETING.

PIM. Issue no. 8, May 2015

Last word to the readers

am so grateful to all of you who make up the loyal community of readers to whom we are connected and interconnected. We appreciate the ones who write encouraging emails or speak to us in person, those who provide feedbacks, your feedback means the world to us. We are so grateful for the writers whose works have helped us in making this magazine the ‘real deal’ in real estate, and to think we’ve been of some help to others who have used our guidance and information in one way or another, is humbling and deeply gratifying. Thank you! To the ones who pass on this magazine they’ve enjoyed to friends, relatives, and neighbors, you are multiplying the impact of each issue. Thank you! To the ones who write passionately think otherwise in your reviews ... your feedback challenges us to write more effectively in the future. Thank you! To those who tell us we write too fast and too many information is worthy provided and they’re still trying to catch up ... thanks for wanting to keep up! To all those who read this magazine and keep up with us via our website, Facebook and LinkedIn, I’m grateful for our connection. By Staff writer

BOOK REVIEWS Must read !

Zero Risk Real Estate shows readers exactly what to look for, what to avoid, and how to get the biggest return with the smallest amount of risk. Explains how to utilize the internet for research and investing from anywhere in the world! Using real-life examples and case studies, this book walks you through the process stepby-step to make it easy for beginners, and shares advanced investing techniques for more experienced investors.

Gain a solid understanding of the role of today’s real estate paralegal and the intricacies of real estate law and transactions using PRACTICAL REAL ESTATE LAW, 7th edition. This comprehensive resource provides students with clear explanations to help you understand the complexities of real estate law. Updates throughout this edition clarify the latest rulings and industry regulations, while case summaries illustrate how legal principles operate in today’s world.

From learning to develop a style that appeals to your older colleagues, to discovering the key trends affecting your career, to mastering classic rules of excellence that never go out of style, this book helps you identify your next professional move and shows you how to make it.

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PIM. Issue no. 8, May 2015

PUZZLES

Sodoku Fill in the game board so that the numbers 1 - 9 apper exactly once in each column

Improve your memory power

Sudokus, Puzzles, Crosswords & wordsearch

Crosswords

ACROSS 1. Ignited (7) 5. Express strong disapproval of (7) 9. Intense emotion (7) 14. Stitched (5) 15. Changed (7) 16. Angry (5) 17. Mediterranean fruit (5) 18. Joke (3) 19. Elevate (5) 21. Departing (5) 22. Highway (5) 23. Oblivious (7) 24. Chuckled (7) 26. Extra (10) 27. Tight (4) 30. Evade (5) 31. Thumb a ride (9) 33. Treasured (9) 34. Large church (9) 35. Make ready (7) 37. Consultant (7) 39. Tenders (4) 40. Hide (7) 42. Administration of the law (7) 43. Weapons (4) 48. Sweepstake (7) 50. Go before (7) 51. Persuaded (9) 52. Clapped (9) 54. Atoms (9) 56. Successors (5) 57. Tallies (4) 58. Increase speed (10) 61. Reproduction (7) 64. Sincere (7) 66. Coarse (5) 67. Attempts (5) 68. Trainee (5) 69. Average (3) 70. Deport (5) 71. Dens (5) 72. Repose (7) 73. Male relative (5) 75. Conference (7) 76. Conundrums (7) 77. Pills (7)

DOWN 1. Kind of falcon (7) 2. Novel (3) 3. Ridge (5) 4. Hauled (7) 5. Prejudicial (11) 6. Group of sentences (9) 7. Commanded (7) 8. Protocol (9) 9. Inert medication (7) 10. Take a risk for profit (9) 11. Meteorological indicator (6) 12. Currency of Nigeria (5) 13. Forstalled (9) 20. Swamped (9) 25. Paid close attention to (6) 28. Dull pains (5) 29. Strainer (5) 30. Unit of sound intensity (7) 31. Concordance (7) 32. Notion (4) 33. Top line of a hill (5) 35. Serenity (5) 36. Entertain (5) 37. Goes up (7) 38. Dwells (7) 41. Roman god of love (5) 44. Remedied (9) 45. Commenced (5) 46. Rend (4) 47. Chess piece (6) 49. Lukewarm (5) 51. Famous people (11) 52. Astonishment (9) 53. Athletic contest (9) 54. Harbinger (9) 55. Exactly the same (9) 59. Previously (7) 60. Stuck (7) 61. Deference (7) 62. Female performer (7) 63. Buy back for money (6) 65. Used to control a horse (5) 68. Small piece of bread or cake (5) 74. Pool stick (3)

Joke Time

Just before thanksgiving Jim and Eddie are out hunting for turkeys when Jim kneels over and collapses. He doesn’t seem to be breathing and his eyes are glazed. Eddie gets out his cell phone and calls the emergency services. He gasps, ‘My friend Jim is dead! What can I do?’ The operator says, ‘Calm down, I can help. First, let’s make sure he’s dead.’ There is a silence, then a shot is heard. Back on the phone, the Eddie says, ‘OK, now what?’