Dar prop jan 2014 small by Darproperty Tanzania

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Tanzania’s Ultimate Property Guide January 2014

Issue No 026

ISSN 1821-7753

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Dar Property

Tanzania’s Ultimate Property Guide.

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The DarProperty 62 September 2013 6 The TheDarProperty DarProperty Jan 2014March

- April 2012

Office Assistant.

Brigita Laurance Regulatory & Legal Advisors

Nexus Associates - Attorneys at Law Mikocheni B - Bima road, P.O. Box 105499 Dar es Salaam +255 22 2780 517 +255 784 238 962, +255 713 751 868 info@darproperty.net Distribution Should you have problems in obtaining copies of DarProperty Magazine, please contact

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For Comments, Complains & Compliments pr@darproperty.net The Darproperty is published by Darproperty Tanzania Company. All rights reserved. c The contents and opinions expressed herein are not necessarily the representation of publisher’s view. All material published is deemed to originate from the author and will not accept any liability whatsoever in respect that have been sourced from contributors. Users are required to make their own judgement on the details contained in each advertisment. While every caution is taken in compiling the contents of this magazine, the publisher will not accept any liability for the effects arising thereof. No part of this publication will be reproduced with out written consent from Darproperty Tanzania Company. This magazine is registered by the government of United Republic of Tanzania under the newspaper Act no. 3 of 1976 and the Postmaster General. Registration No. 00005562

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6 THINGS YOU THINK ADD VALUE TO YOUR HOME - BUT REALLY DON’T

very homeowner must pay for routine home maintenance, such as replacing worn-out plumbing components or staining the deck, but some choose to make improvements with the intention of increasing the home’s value. Certain projects, such as adding a well thought-out family room or other functional space - can be a wise investment, as they do add to the value of the home. Other projects, however, allow little opportunity to recover the costs when it’s time to sell. Even though the current homeowner may greatly appreciate the improvement, a buyer could be unimpressed and unwilling to factor the upgrade into the purchase price. Homeowners, therefore, need to be careful with how they choose to spend their money if they are expecting the investment to pay off. Here are six things you think add value to your home, but really don’t. 1. Swimming Pools Swimming pools are one of those things that may be nice to enjoy at your friend’s or neighbor’s house, but that can be a hassle to have at your own home. Many

10 The DarProperty Jan 2014

potential homebuyers view swimming pools as dangerous, expensive to maintain and a lawsuit waiting to happen. Families with young children in particular may turn down an otherwise perfect house because of the pool (and the fear of a child going in the pool unsupervised). In fact, a would-be buyer’s offer may be contingent on the home seller dismantling an aboveground pool or filling in an in-ground pool. An in-ground pool costs anywhere from $10,000 to more than $100,000, and additional yearly maintenance expenses need to be considered. That’s a significant amount of money that might never be recouped if and when the house is sold. 2. Overbuilding for the Neighborhood Homeowners may, in an attempt to increase the value of a home, make improvements to the property that unintentionally make the home fall outside of the norm for the neighborhood. While a large, expensive remodel, such as adding a second story with two bedrooms and a full bath, might make the home more appealing, it will not add

significantly to the resale value if the house is in the midst of a neighborhood of small, onestory homes. In general, homebuyers do not want to pay $250,000 for a house that sits in a neighborhood with an average sales price of $150,000; the house will seem overpriced even if it is more desirable than the surrounding properties. The buyer will instead look to spend the $250,000 in a $250,000 neighborhood. The house might be beautiful, but any money spent on overbuilding might be difficult to recover unless the other homes in the neighborhood follow suit. 3. Extensive Landscaping Homebuyers may appreciate well-maintained or mature landscaping, but don’t expect the home’s value to increase because of it. A beautiful yard may encourage potential buyers to take a closer look at the property, but will probably not add to the selling price. If a buyer is unable or unwilling to put in the effort to maintain a garden, it will quickly become an eyesore, or the new homeowner might need to pay a qualified gardener to

take charge. Either way, many buyers view elaborate landscaping as a burden (even though it might be attractive) and, as a result, are not likely to consider it when placing value on the home.

5. Wall-to-Wall Carpeting While real estate listings may still boast “new carpeting throughout” as a selling point, potential homebuyers today may cringe at the idea of having wall-to-wall carpeting. Carpeting is expensive to purchase and install. In addition, there is growing concern over the healthfulness of carpeting due to the amount of chemicals used in its processing and the potential for allergens (a serious concern for families with children). Add to that the probability that the carpet style and color that you thought was absolutely perfect might not be what someone else had in mind.

maintenance, and not an investment in your home’s value.

The Bottom Line It is difficult to imagine spending thousands of dollars on a home-improvement project 4. High-End Upgrades. that will not be reflected in the home’s value Putting stainless steel appliances in your when it comes time to sell. There is no simple kitchen or imported tiles in your entryway equation for determining which projects will may do little to increase the value of your garner the highest return, or the most bang home if the bathrooms are still vinyl-floored for your buck. Some of this depends on the and the shag carpeting in the bedrooms is local market and even the age and style leftover from the ‘60s. Upgrades should be of the house. Homeowners frequently must consistent to maintain a similar style and choose between an improvement that they quality throughout the home. A home that has would really love to have (the in-ground a beautifully remodeled and modern kitchen Because of these hurdles, wall-to-wall carpet swimming pool) and one that would prove can be viewed as a work in project if the to be a better investment. A bit of research, is something on which it’s difficult to recoup bathrooms remain functionally obsolete. The the costs. Removing carpeting and restoring or the advice of a qualified real estate remodel, therefore, might not fetch as high a professional, can help homeowners avoid wood floors is usually a more profitable return as if the rest of the home were brought investment. costly projects that don’t really add value to up to the same level. High-quality upgrades a home. generally increase the value of high-end 6. Invisible Improvements homes, but not necessarily mid-range houses Written by: Invisible improvements are those costly where the upgrade may be inconsistent with Jean Folger projects that you know make your house a the rest of the home. better place to live in, but that nobody else Jean Folger is a technical analyst and system researcher. would notice - or likely care about. A new In addition, specific high-end features such as plumbing system or HVAC unit (heating, media rooms with specialized audio, visual venting and air conditioning) might be or gaming equipment may be appealing to necessary, but don’t expect it to recover a few prospective buyers, but many potential these costs when it comes time to sell. Many homebuyers would not consider paying homebuyers simply expect these systems to more for the home simply because of this be in good working order and will not pay additional feature. Chances are that the room extra just because you recently installed would be re-tasked to a more generic living a new heater. It may be better to think of space. these improvements in terms of regular The DarProperty Jan 2014 11

SARFARAZALI CHAGANI sarfarazali@haadigroup.com Tel: +255 13686 889 988 The DarProperty August 2013 13 The DarProperty Jan 2014

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The DarProperty Jan 2014 17

Ask the Expert Real Estate Laws

STUBBORN TENANT Q: I have a tenant who has refused to vacate the premises even though the lease ended last September. The lease agreement was only for one year. Please advise me on how to handle him. Abdullah, Tanga. A: Hello Abdullah, well first of all we would like to point out the fact that, without the said lease agreement, it is very difficult to advise you properly. However, generally, lease agreements are governed by the land Act, whereas, the law clearly stipulates that, the days of grace are only 28 days. Thereafter, the lease agreement is considered terminated and a tenant has a duty to vacate the premises immediately effectively. Failure to do the same is an offence and you may institute legal proceedings against the respective tenant. We would advise you to contact a real property lawyer for further action. MORTGAGE REFINANCING Q: I mortgaged my house last year and I have been making payments without any default although with difficulties. So last week, I saw a new bank advert offering lower mortgage rates so I went in. After assessments, they agreed to give me a mortgage on the same property, for refinancing. Now I am wondering if I should really refinance my mortgage. Mohamed, Dar-es-salaam. A: Well, refinancing can be very worthwhile, but it does not make good financial sense for everyone. You must balance the savings against the costs of refinancing a mortgage. Refinancing a mortgage is simply taking out a new mortgage to payoff and replaces your existing one. A general rule of thumb is that, refinancing is worthwhile if you can obtain a new mortgage 1½ - 2 percentage points, or more, lower than your current mortgage interest rate. It is possible to have more than one mortgage or charge on security of the same land. Second and subsequent mortgages can be made under section 113(2) of the Land Act. As a result lenders have to satisfy themselves that the value of the property 18 The DarProperty Jan 2014

supports the subsequent mortgages. It usually takes about three (3) years to realize the savings from a lower interest rate, considering the costs of the refinancing. There may be instances when refinancing is worthwhile, even when the new interest rate is higher. Many people with adjustable rate mortgages (ARM) want to convert to a fixed-rate loan to have the certainty of knowing exactly what the mortgage payment will be for the life of the loan. Other people may want to refinance their home to draw out cash from the equity that has built in their home. All in all be very sure before refinancing your mortgage for it could lead to incurring more cost. PROPERTY PURCHASING Q: I have a friend who purchased a property 3 weeks ago, but later he came to find out that the title of the house does not reconcile with the records at the registrar office for the seller was not the owner. He is fighting to recover his money. I plan on buying a property also but i don’t want the same to happen to me. How can I protect myself and are there any proper procedures to follow? Frank, Arusha. A: First we are very sorry for what happened to your friend. You need to be very careful when purchasing a property. In any purchase of property both the buyer and seller have duties and obligations to perform. In the eyes of the law, a buyer is guided with the principle of caveat emptor. The principle of “caveat emptor” in the ordinary language can be translated to mean “buyer be aware”. Under this principle as a buyer you’re required to be conversant with the property you intend to purchase. To be able to do this you need to conduct a due diligence. Apart from due diligence, one should be able to establish the registration of the plot and the name that appears at the title deed. However, you should ensure that you satisfy yourself on the important issues for if they appear after the actual transaction has taken place, it will be hard for you to support your claims at court. Therefore before anything you should first gather enough information, approach a real estate attorney to assist you in the process of due diligence and then proceed to the actual transaction.

A: Hello Mrs. Halima, an escrow attorney normally specializes in handling the details of business and real estate transfers. An escrow attorney is this a third, neutral individual and does not represent either party; the attorney’s actions are mutually beneficial. Acting in this capacity, the attorney drafts the escrow instructions, prepares legal documents, files or records the documents after the transaction is complete and makes certain that all escrow instructions are followed. Many transfers of money or property use escrow to insure a riskfree transaction. The escrow generally contains the beginning and ending dates for the escrow and the amount of money to be delivered to escrow. There is an authorization for the attorney to disperse funds and to pay any prior liens against the property or business. There are many legal documents involved in real estate transfers. It is important for these instruments to be accurate and reflect the needs and desires of both parties. An escrow lawyer prepares these documents for both parties. When the sale has been finalized, numerous documents must be filed or recorded. It is the escrow attorney’s job to dispose of these details. All money, including funds from the lender, is held in the escrow account until the deal is closed. At the closing, all the documents and funds are finally exchanged. The attorney pays the seller, and the buyer receives the appropriate documents listing him or her as the current owner of the real estate or business. When all the terms of escrow have been fulfilled and the property has changed hands, the attorney closes escrow. You can send your question to: a b c a t t o r n ey s t z @ g m a i l . c o m / i n fo @ abcattorneys.co.tz / or mail it to: ABC ATTORNEYS NBC LTD BUILDING, MNAZI MMOJA BRANCH, 2ND FLOOR, JAMHURI STREET P.O.BOX 105722, DAR-ES-SALAAM, TANZANIA (EA) Tel: +255 222136060/+255713055195 For more information, you can also read other articles online at www.abcattorneys.co.tz

DISCLAIMER: The purpose of this post is to educate the public on real estate law matters, and is not intended to render any legal counsel responsibility for any action based on this post. ESCROW ATTORNEY/ACCOUNT If you are interested in securing legal advice Q: I want to buy a property and a friend or need assistance dealing with a dispute, of mine suggested that I use as escrow please consult your Attorney. attorney. Please explain how that works. Thank you. Mrs .Halima, Dar es Salaam.

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THE USE OF US DOLLAR IN OUR LOCAL REAL ESTATE MARKET WHY DO THE REAL ESTATE DEVELOPERS AND LANDLORDS OPT TO QUOTE IN THE US DOLLAR? IS IT AFFECTING OUR ECONOMY? HOW?

erhaps you are wondering, why would one live in Tanzania and do business in other country`s currency?, you are not alone, I felt the same way six years ago after being involved in a few real estate transactions. It is such a puzzle for an outsider to rationalize the motive for using the US dollar in our local real estate market. Some think the legal Tender; Tanzanian shilling is marginalized, undoubtedly because of the misguided monetary policies. NO! There is more than one to this.

about for sale properties? That one am a bit puzzled, because our land laws do not permit foreigners to own (buy), unless it is for investment purposes through obtaining derivative rights. Indexation: a system of economic control in which certain variables are tied to a costof-living index so that both rise and fall at the same rate and the detrimental effects of inflation are theoretically eliminated, we can all recall our inflation rates were as high as 18% last June but the Dollar grew stronger by 2.8% between January and September, if these landlords were using the legal tender, Tanzanian shilling and other things were held constant we would see them raising the rentals by at least 9% . My studies have shown that the tenants paying their rentals in TZS have seen their rent increasing by at least 10% after every two years while their counterparts who are paying in USD have constant rental charge up to 5 years.

It is economical but I am not advocating for it, do you know it is cheaper if you take a mortgage in the US dollar. The mortgage interest rates as of today in most of the commercial banks in Tanzania are around 8% for the US dollar and 19% for Tanzanian shilling. Mathematically if you take a mortgage in US Dollar, let us say. 100,000 you will be paying 1,371 monthly but if you take the equivalent, which is TZS. 160,000,000. You will be paying 3,130,000/= per month. It is cheaper but Other comments by our readers through our you have to prove to the lender that your social media: income is in that currency. No wonder why our landlords ask for the US Dollar. hekimatele “it does greatly affect our economy as we The target group (Market): most of these devalue our currency to the great extent. luxury apartments and bungalows that are However, the real estate developers and listed in the US dollar are not meant for stakeholders pleads that the reason why our Sister Mwajuma or brother Massawe, they quote in dollars is because the materials they are targeting the expatriate market used in the development are quoted in and foreigners who have access to the dollars and even the payments made to their currency and are conversant with it. What contractors and the like are honored with 22 The DarProperty Jan 2014

the same currency. Some of these real estate developers use Chinese contractors and other outside companies who prefer that medium of payment. A number of philosophies have developed around this practice all of which do not seem to favour the country’s economy. My take” king kan “I do think fluctuation in the value of local currencies also matters. It`s quite unfavourable to predict future incomes and to determine the repayment period over long periods of time using currencies subjected to unsteady inflation levels. And the very fact is real estate investment costs do cost a lot and have a long repayment period, so using dollar minimises the risks of variations brought about by unstable inflation rates and frail GDP growth of our local economy in income projections”. Mwanahisa “Real Estate industry is one of the promising future of our economy as well as financial institutions. One of the prominent feature which is missing is Regulatory frame work, Mfano mzuri is the so called brokers”. To comment Please login to our website: www. darproperty.co.tz

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Disclaimer • The Darproperty Magazine is only a property guide where real estate owners or their agents and or their real estate brokers place their property’s sale or rent information with or without pictures. • The Darproperty Magazine does not take any part in selling, buying, or renting transactions.

REAL ESTATE The ABCs of REAL ESTATE MARKET FLEXIBLE PAYMENT MORTGAGE: Mortgage with payments that are

• All transactions are governed by your local laws. All offers and promotions on this magazine are subject to change without notice.

allowed to vary but should be sufficient to allow amortization over the

• The Darproperty Magazine provides you, our readers, a venue for obtaining the information contained in this publication and has no control over the legality of any real estate for sale or rent or other offers made by advertisers, the ability of any of the advertisers to complete the sales in accordance with the offers, or the quality of the real estate offered by the advertisers real estate information for sale and or rent is directly published by the advertisers on this publication and hence The Darproperty Magazine takes no responsibility of any of their information and prices and any mistakes in printing or typing. The Darproperty Magazine has no control over whether Advertisers will honor the offers shown on this publication and does not guarantee the accuracy or completeness of the information contained on this publication.

Example: ADJUSTABLE-RATE MORTGAGES and GRADUATED-PAYMENT

• The advertised real estates and properties on this publication may or may not be available for sale and or rent. In the event you have a dispute with an Advertiser in any way relating to this publication or the use of information from this magazine, you agree to waive and release The Darproperty Magazine from any and all claims, demands, actions, damages (actual and consequential), losses, costs or expenses of every kind and nature, known and unknown, disclosed and undisclosed relating to that dispute.

STAGING. Remodeling and interior decoration to enhance the

mortgage term. MORTGAGES are two type of flexible-payment mortgage. LISTING PRICE the price a seller puts on a property when it is placed on the market. Listing price, or ASKING PRICE, is generally considered a starting place for negotiations between the seller and a prospective buyer. Example: The home was listed at $350,000. Prospective buyers knew they could purchase it for that amount or try to negotiate a lower price with selling concessions.

marketability of a house preparatory to sale. Example: Annie hired an interior decorator to help with staging her home before she put it on the market. The decorator replaced landscaping, repainted interior walls, and removed clutter to increase the home’s appeal to prospective buyers. PREQUALIFY to estimate most expensive home a buyer can afford based

VIKAWE PLOTS FOR SALE (Bagamoyo)

on the buyer’s income and available liquid assets. The exercise does not obligate the buyer to accept or promise specific FINANCING but merely indicates that the buyer may be able to afford a home in a specific price range. Example: Paul’s income is sufficient to prequalify for a $250,000 LOAN according to the guidelines used for CONVENTIONAL LOANS. Because also can raise $50,000 for a DOWN PAYMENT, he can look at homes costing up to $300,000. DIRECTIONAL GROWTH. The location or direction toward which a city is growing. Example: The directional growth of Boomtown is toward the northeast. CO- MORTGAGOR.

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another party or parties and is thereby jointly obligated to repay the loan. Generally a co- mortgagor provides some assistance in meeting the requirement of the loan and receives a share of ownership in the encumbered property. Example: Brown and Jones agree to purchase and share residence in a home. They jointly apply for and receive a mortgage loan to make the purchase and, thereby, became co-mortgagors. Example: Sims wishes to assist her son to purchase a home. Sims provides

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The DarProperty Jan 2014 29

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Mikocheni, Dar es salaam plot for sale TZS 650,000,000/=

For Sale By Owner 0784 84 47 04 0784 73 13 15 galaxy@ctvsatcom.net

Farm for sale at kiwangwa, 8 acres, no title deed it has 4 bedrooms house 3 km from the main road masaki, dar es salaam chole road, house for rent usd 2,500

0755 881 465 0655 881 465

0715 040 411 0787 264 900

plot for sale opposite to clouds fm, also with a house fully air conditioned with glass front parking facilities also available, 24hr security backup generator, independent block available one month free rent 2nd raw beach house for sale, zanzibar $175,000 negotiable.

fully furnished rooms,master bedroom and two bed rooms, sitting room, big kitchen, vast parking area( 5 car)

house for rent, mbezi beach

$ 2000

Mbezi beach, Dar es salaam house for rent | USD 2,500

+255 754 778 844

+255 758 536 581 +255 684 601 567 info@tzaccommodation.com

4 Bdrm House 2nd Raw of Beach for sale in Zanzibar This House need some finishing work. Plot size : 4,800 Sq meters ( 80 m by 60 m ) New 4 Bedrooms self contained rooms. Second Raw beach plot with nice Sea view.

+255 758 536 581 +255 684 601 567 info@tzaccommodation.com 4 bedrooms, 24hr water supply, fully furnished plus over 4,000 Liters reserve. Back up Generator on site. rent is payable 6 Months Upfront.

7 bedrooms, semi furnished, parking space (4cars)

kongowe, kibaha house for sale tzs 150,000,000 plot for sale, bahari beach usd 850,000 negotiable.

+255 758 536 581 +255 684 601 567

msasani, dar es salaam house for rent | usd 2,000

Kibaha,Kongowe - house for sale tshs 150,000,000

0716 73 14 86 0658 34 73 73

0713-457 696 0713-328 274

9800 2

info@tzaccommodation.com Plot Size : 4,900 Sq meters ( 1 Acre ) Perimeter wall all round the plot with a gate already in position. farm for sale, miwani,zanzibar

usd 140,000 negotiable.

two houses with four bedroom each, large parking space, garden behind the msasan road. kinyerezi,dar es salaam plot for sale, $55,000

Coastal Region (Kongowe - kibaha) 2 Acres House, few meters from the main road

white sands house for sale

+255 717 539 850

+255 758 536 581 +255 684 601 567

0656 21 68 99 0684 79 70 86

info@tzaccommodation.com Plot Size : 9 Acres, Available vegetation / Trees Mango Trees , Coconut Trees , Spices , Banana Trees , Lemon , Passion fruit trees , Cassava , Pineapples , Rice , Orange trees etc..

1531 square meters title no: 97263, land office no: 482670, plot no: 1926, block b kinyerezi รกrea dsm - 7 km from dar es salaam international airport. near main road containing 3 bedrooms, 2 bathrooms,

1/2 acre plot having a bangalow near white sands opp. new parkland hotel

The DarProperty Jan 2014 31

Real Estate Agents Directory

DAR ES SALAAM ABLA ESTATE DEVELOPERS & AGENCY CO.LTD Mikocheni Opposite Shoppers Plaza P.O BOX 3810, Dar es Salaam Tel +255 22 2772506 E-mail: ablaestate@bol.co.tz AMBASSADOR REAL ESTATE AGENCY Sinza Palestina - CCM bldgs P.O. Box 62067 Dar es Salaam Mob: +255 784 252741 GIMCO ESTATE AGENCY LTD Samora Ave, NIC Investment Hse, P.O BOX 8382 Dar es salaam Tel +255 22 2120988 Mob +255-784 900041 GOLDBERG COMPANY LTD Real Estate & Mining Trade P.O. Box 22159 Dar es Salaam Old Bagamoyo Rd, Mikocheni B, 0715 270 517 / 0754 270 517 goldbergtz@gmail.com www. goldbergtz.com HAMPTONS PROPERTIES TZ Haidery plaza - 1st floor upanga/kisutu street P.O.BOX 6547 DARESSALAAM hamptonspropertiestz@gmail.com, a_kito@yahoo.com 0654 204083/ 0784 323133 KATIGA HOUSING EXPERTS P. O. Box 65490 Dar es Salaam Tel:+255 2270 1915 Cell: +255 764 763 186/ +255 658 763 186 Email: info@katiga.co.tz/ katigahousing@gmail.com Website: www.katiga.co.tz KEY REAL ESTATE SOLUTIONS Regent Chwaku North Ursino Tel: +255 22 2701674 0715 053 803, 0786 053 803, 0754 28 46 84 mariam@keyrealestatesolutionstz.com www.keyrealestatesolutionstz.com

32 The DarProperty Jan 2014

ARUSHA MY BEACH Old Bagamoyo Rd. opp Yuasa auto impex P.O BOX 105200. Dar es Salaam Tel; +255 22 2701710 NIKUZE REAL ESTATE AGENCY Morogoro Road P.O Box 10032 Dar Es Salaam Tel: +255 789/754/715/ 363 800 Email: nikuze@nikuze.com www.nikuze.com PHOTO & CO.ESTATE Kahama Road/Msasani peninsula P.O BOX 105121 Dar es Salaam. 0786 962 444 Email; Octavianfocas@yahoo.com. PROPERTY CONSULTANCY & SERVICES LTD 2nd Floor Kevin House - Samora Avenue P.O BOX.7152 - Dar Es Salaam +255 22 2120402, +255 713 690 220 info@pcsltd.co.tz www.pcsltd.co.tz PRESTIGE PROPERTIES Phone: +255-713-764-447/ 0767471293 Tel:+255-22-266-4373 Email:info@prestigeproperties.co.tz www.prestigeproperties.co.tz SKYMARK REALITIES LTD Zanaki st. - Alimanga bldg Tel: +255 22 2 134422/33 Tanzania Realtors & Advisors Ltd. Village Walk, close to Sea Cliff Hotel +255 717 032 633 info@tzrealtors.com TRELD COMPANY LTD P.O BOX 7656 Dar es Salaam Location Msasani Peninsular off toure drive +255 732 222 888, +255 716 777 999 treldestates@yahoo.com www.treld.co.tz

EL-SHADAI INVESTMENT LTD P.O BOX 17021 Arusha +255 782 677 068 +255 754 421 958 HOMES & PROPERTY AGENCIES LTD Land Surveyors & Property Managers P. O.Box 10079 Arusha Boma Rd. Arusha 0787 805566 hopraltd@gmail.com

Tanzania Realtors & Advisor Ltd Shoprite Complex, +255 785 984 467 info@tzrealtors.com ZIPO HOMES

Rivergardens Business Park, Rm 4 P.O Box 20 Usa River, Arusha +255 787 474 580/+ 255 754 320 513 info@zipohomes.com www.zipohomes.com

MWANZA MWANZAESTATE Mwanzaestate.com +255 714 245 779 kisolimorris@hotmail.com

ZANZIBAR Zanzibar - properties.com Tel: +255 774 44 19 07 Hotel Marine - Malindi Zanzibar

Enhance your Visibilty & Credibility Get listed here for Only Tshs. 29,500/= per Insertion OR Tshs. 300,000/= Annually +255 784 23 89 62, 0688 75 18 68 sales@darproperty.net

c hok ol e

investment limited T h e Ult i m at e O u t d o or S ol u t i on s

Mikocheni, Garden Road, Dar es Salaam, Tanzania. +255 786 924373, +255 658 924 373

PROFESSIONAL Designers & Installers of: Car Shades, Gazebo Electrical Gates & Umbrellas

Worry Free - Money Back

G UA R A N T E E

The DarProperty Jan 2014 33

PATRONS ADVERTISERS’

INDEX

If you like what you are reading Buy from our Advertisers, remember to mention you saw their Advert in this magazine

PATRON “You seldom get what you go after Unless you know in advance what you want.

PAGE NO

Arif Bakhamis ................................ 14

Indesion has often given an advantage to the other fellow because

Bank Of Africa .................. ......1 & 25

he did his thinking before hand”

Caveha ..............................................17

Maurice Switzer

Chokole .............................................33 Eastern Capital LTD ...........................3

Advertise with us Now

Haadi Group ....................................13 Henrico .................................................8

To book your space contact us on

Key Real Estate ................................26 LCL .....................................................27 Lion Real estate ..............................15 Mega Complex LTD .................1 & 9 Meliki Msuya ..................................24 NSSF ......................................20 & 21 Pamela Lupembe ....................4 & 5 Property Plus ...................................8 R.K Chudasama .............................27 Roots 255 ................................7 & 35

ARUSHA

MWANZA

DAR ES SALAAM

0787 805 566

0714 245 779

022 2780517 0784 238 962 / 0713 751 868 sales@darproperty.net

34 The DarProperty Jan 2014

Secure 7 ............................................2 Shamo Group ...................................19 Tanzania Bureau of Standards ....12 Tanzania Realtors LTD ...................29

The DarProperty Jan 2014 35

2 ND- 4TH MAY, 2014 DIAMOND JUBILEE VIP HALL GALA DINNER AT DAR ES SALAAM SERENA HOTEL, 9TH MAY, 2014.

FEATURING LOCAL & INTERNATIONAL EXHIBITORS

36 The DarProperty Jan 2014

+255 784 23 89 62 / +255 22 27 80 517 www.expo.darproperty.co.tz expo@darproperty.net