The
February 2017
Featuring Properties from Tanzania & Kenya
www.darproperty.net
East Africa’s Ultimate Property Guide
FREE COPY
Issue No 54| ISSN 1821-7753
The Darproperty - December 2016 | 1 The Darproperty - August 2015 | 1
Private houses to be registered “The review of the policies and enactment of the new law will help in addressing various challenges facing the land sector especially on land disputes, Mr Lukuvi said.” On Property valuation, he said, reports on 9,047 properties have been prepared and approved for various uses such as payment of government levies and fees for various transactions, land ownership transfer permits, among others. Minister Lukuvi, however, said that the government is currently holding talks on adopting new technology that will help in constructing better and affordable houses. He said that most of the houses being built in the country are not affordable, thus deny the low income earners ownership of better houses. “As a country we are yet to fulfil the demand of building affordable houses. Plans are underway to make sure that such houses are built next year,” he said. He said his ministry has continued to collect statistics on real estate developers which show that to date a total of 17,132 housing projects are currently under implementation.
L
ands, Housing and Human Settlement Development, Minister William Lukuvi, revealed this recently in Mororogo when opening a one-day workshop aimed at building capacity to journalists on reporting issues related to laws and regulations governing land administration in the country. He said that upon enactment of the Real Estate Development Bill into law, real property owners would be obliged to register their houses and other buildings in the registry. “We want the law to have a section that would require all real property owners to register their assets in the special registry to facilitate payment of various fees and transfers,” he said.
Minister Lukuvi said that the new system is expected to commence next year. He assured that it will be effectively implemented since his ministry has advanced electronic systems to facilitate communication.
Minister Lukuvi said that between January 2015 and December 2016 the National Housing Corporation (NHC) continued to implement a total of 52 projects for construction of 8,165 houses for various uses. A total of 27 projects for construction of 2,034 houses have been completed while 25 projects with 6,131 houses are still under construction.
He noted that the government has already drafted the bill on Real Estate Development noting that once enacted into law it will also He said out of 2,034 houses which have safeguard the rights of landlords and ten- been completed 492 are affordable houses, 918 are medium and high priced, 342 are ants. commercial houses while 281 are houses for Mr Lukuvi, however, noted that the govern- mixed use. ment is currently reviewing the National Land Policy 1995 and its first draft had al- The minister said Watumishi Housing Comready been debated by stakeholders in a pany (WHC) was proceeding with the conpublic hearing held in Morogoro. He said the struction of 701 houses in various regions in National Housing Policy is also undergoing the country among them Morogoro, Mwanza review whose preparations were underway and Dar es Salaam which will be sold to public servants. for Human Settlement Development Policy. Written by: lydia shekighenda
8 | The Darproperty - December 2016
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CALL ON US NOW! Worry Free - Money Back 16 | The Darproperty - December 2016
The Darproperty - December 2016 | 17 The Darproperty - August 2015 | 17
Kenya - Election fever to slow down real estate, say consultants
A
ctivities in the real estate sector are projected to slow down this year as developers adopt a “wait-and-see” approach due to uncertainty ahead of the August 8 general election. Real estate consultancy and management firm, Knight Frank, says only a handful of developments are expected during the period in the run-up to the election. The firm said the slowdown will create demand that will sustain the market in the fourth quarter of the year and throughout 2018. “Up until election we will see less development, which will enable us to absorb
18 | The Darproperty - December 2016
the oversupply that we have in the market In 2014, the sector faced low prices and allow the rent to catch up, Knight Frank’s following an increase in the number of highmanaging director Ben Woodhams said in a end properties that went up for sale. telephone interview. Increased terrorist threats had also slowed “After the election we will see a new spate down prices in prime spots like Mombasa. of development which will drive the market However, the sector is showing signs of forward.” improvements. This is associated with a substantial increase in the value of building The real estate sector remained nearly plans that were approved by various county stagnant last year as developers struggled governments last year. with cash flow challenges due to delayed payment by the national and county The Kenya National Bureau of Statistics data governments. show Nairobi county alone had approved building plans valued at Sh268.77 billion in This was coupled with an oversupply which 10 months through October 2016, compared started earlier in 2015, causing rent to to Sh192.77 billion in a similar period in stagnate over the last one and a half years. 2015.
“The substantial increase in the value of building plans granted by Nairobi county to developers in the year 2016 over 2015 is a sign that developers are getting ready to commence their development projects after the August election,” Woodhams said. Mwenda Thuranira, the regional chairman of the Kenya Property Developers Association at the Coast, said lending to the sector has remained smooth unlike other sectors which are experiencing credit slowdown following the enactment of the law capping interest rates in September. “Middle and the upper-middle-income residential market is the one that has potential for growth.The activity is very high because of high number of buyers in this segment,” he said. Sourced from, The Star Kenya
The Darproperty - December 2016 | 19 The Darproperty - August 2015 | 19
22 | The Darproperty - December 2016
LIGHT INDUSTRIAL AND COMMERCIAL
PLOTS FOR SALE
To Da r
es Sa
laam
at MKURANGA m o r F
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16
34
166.338
86.563
A=8613 Sq.m 95.299
Industrial 72.168
6
7
64.155
45.297
37.109
115.98
A=1.241 Ha.
174.008
35.003
119.122
126.19
40.2
33 525
7
Godown 21
.10
116.621
111.828
46.40
2
65.314
2.
32
41
69.9
4 A=1.499 Ha.
133.916
57
3
A=3.041 Ha.
2
5
A=1.108 Ha. .84
A=1.198 Ha. .4 93
119.69
1
4
10.573
62.76
47.015
15.425 14
KILWA
7
86.959
5 A=3.768 Ha.
41.502
ROAD
70.2
103.705
62.399
Commercial
The site fronts Kilwa Road 42 km from central Dar es Salaam, 50 minutes drive
The Darproperty - December 2016 | 23 The Darproperty - August 2015 | 23
10 Habits of Highly Effective Real EstaTe Invetors
R
eal estate has long been regarded as a sound investment. Wholesaling and property management of commercial and residential property are just a few of the ways investors can profit from real estate, but it takes a little savvy to become successful in this competitive arena. While certain universities offer coursework and programs that specifically benefit real estate investors, a degree is not a prerequisite to profitable real estate investing. Whether an investor has a degree or not, there are certain characteristics that top real estate investors commonly possess. 1. Treat Investments as Businesses It is important for real estate investors to approach their real estate activities as a business in order to establish and achieve short- and long-term goals. A business plan allows real estate investors to not only identify objectives, but also determine a viable course of action towards their attainment. A business plan also allows investors to visualize the big picture, which helps maintain focus on the goals rather than
24 | The Darproperty - December 2016
on any minor setback. Real estate investing can be complicated and demanding, and a solid plan can keep investors organized and on task. 2. Know Their Markets Effective real estate investors acquire an in-depth knowledge of their selected market(s). The more an investor understands a particular market, the more qualified he or she will be to make sound business decisions. Keeping abreast of current trends, including any changes in consumer spending habits, mortgage rates and the unemployment rate, to name a few, enables savvy investors to acknowledge current conditions and plan for the future. Being familiar with specific markets allows investors to predict when trends are going to change, creating potentially beneficial opportunities. 3. Maintain High Ethical Standards Realtors are bound to act according to a code of ethics and standards of practice policy, and real estate agents are held
to each country`s real estate commission rules and standards. But real estate investors, unless they are associated with membership-based organizations, are not usually required to maintain a particular degree of ethics in their practices, as long as they operate within the boundaries of the law. While it would be easy to take advantage of this situation, most successful real estate investors maintain high ethical standards. Since real estate investing involves actively working with people, an investor’s reputation is likely to be far reaching. In the case of an investor lacking in ethics, the consequences can be damaging, particularly over the long haul. Effective real estate investors know it is better to conduct fair business, rather than seeing what they can get away with. 4. Develop a Focus or Niche Because there are so many ways to invest
Continues On Page No 30
BUY
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For Rent: Luxurious residential house 3 bedrooms|$2500/mn Located: Capri point
For Rent: Godown Sqm: 90 | Tshs: 15m/annualy Located: Igogo
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REAL ESTATE The ABCs of REAL ESTATE MARKET Utility Easement: Use of another`s property for the purposes of laying gas, electric, water, and sewer lines. Example: A property owner grants a utility easement to the electric power company to extend power lines to the owner`s home. Vacancy and Collection Allowance: An estimated amount to be deducted from the potential gross income when preparing a budget. The vacancy rate budgeted may be the rate being experienced or forecasted for the market for the coming year, or a higher or lower amount depending on tenant loyalty, rent concessions, or management quality. Example: In a college town, the apartment vacancy and collection allowance expected was a blend of 5% during the 9 month regular college term and 25% during the summer session. Overall, it was 10%. Subjective Value: An estimate of a property`s worth based on the opinion of the owner. Example: Although the house was worth less than $50,000 on the market, Joan felt its subjective value was much higher because she had grown up in the home and associated many good memories with the place. Redeemable Rent: In a lease with a purchase option, the rent paid that can be applied toward the purchase price. Example: In a five year lease/purchase with a rent of $10,000 per year, the last year`s rent was redeemable rent; it could be applied in full to the purchase price. Mortgage Note the document that states the names of the borrower and LENDER, amount borrowed, Interest rate, repayment terms, and other loan provision. The MORTGAGE pledges property as COLLATERAL; the mortgage note provides the amount of dept and repayment. Potential gross income the amount of income that could be produced by a real property assuming no vacancies or collection losses. Does not include miscellaneous income. Contract with CASH FLOW, NET OPERATING INCOME. Example: An office building have 10,000 square feet of rentable space and rents for an average of $12 per square foot. Potential gross income for the building is $120,000 per year. Concessions on the ground floor that contribute $1,000 of annual revenue, and a 5% vacancy and collection allowance are not included in potential gross income. Strip development or strip shopping centre a form of commercial land use in which each establishment is afforded direct access to a major thoroughfare, generally associated with intensive use of signs to attract passersby. Generally without an ANCHOR TENANT COMMON PROPERTY property owned equally by all member of a group. Example :The following are example of common property: • Recreation area of cooperative apartment building • Park in municipally
28 | The Darproperty - December 2016
successful. This involves learning everything about a certain type of investment – whether it is wholesaling or commercial real estate – and becoming confident in that arena. Taking the time to develop this level of understanding is integral to the long-term success of the investor. Once a particular market is mastered, the investor can move on to additional areas. Savvy investors know that it is better to do one thing well than five things poorly. 5. Strive to be Good Customer Service Representatives Referrals generate a sizable portion of a real estate investor’s business, so it is critical that investors treat others with respect. This includes business partners, associates, clients, renters and anyone with whom the investor has a business relationship. Effective real estate investors are good customer service representatives by paying attention to detail, listening and responding to complaints and concerns, and representing their business in a positive and professional manner. 6. Stay Educated As with any business, it is imperative to stay up to date with the laws, regulations, terminology and trends that form the basis of the real estate investor’s business. Keeping current requires work, but it can be viewed as an investment in the future of the business. Investors who fall behind risk not only losing momentum in their businesses, but also legal ramifications if laws are ignored or broken. Successful real estate investors take the time and make the effort to stay educated, adapting to any regulatory changes or economic trends. 7. Understand the Risks Those choosing to invest in the stock or futures markets are inundated with myriad warnings regarding the inherent risks involved in investing. Numerous agencies, such as the Commodity Futures Trading Commission, require disclaimers to warn potential market participants about the possibility of loss of capital. While much of this is legalese, it has made it clear to people that investing in the stock or futures markets is risky; meaning, one can lose a lot of money. Greenhorn real estate investors, however, are more likely to be saturated with advertisements claiming just the opposite – that it is easy to make money in real estate. Prudent real estate investors understand the risks associated with the business – not only in terms of real estate deals, but also the legal implications involved – and adjust their businesses to reduce any risks.
30 | The Darproperty - December 2016
8. Invest in a Reputable Accountant Taxes comprise a significant portion of a real estate investor’s yearly expenses. Understanding current tax laws can be complicated and take time away from the business at hand. Sharp real estate investors retain the services of a qualified, reputable accountant to handle the business’s books. The costs associated with the accountant can be negligible when compared to the savings a professional can bring to the business. 9. Find Help When They Need It Real estate investing is complicated and requires a great deal of expertise to engage profitably in the business. Learning the business and the legal procedures is challenging to someone attempting to do things alone. Effective real estate investors often attribute part of their success to others – whether a mentor, lawyer, accountant or supportive friend. Rather than risk time and money solving a difficult problem on their own, successful investors know it is worth the additional costs to find help when they need it and embrace other peoples’ expertise. 10. Build a Network A network can provide important support and create opportunities to a new or experienced real estate investor. This group of associates can be comprised of a well-
chosen mentor, business partners, clients or a non-profit organization whose interest is in real estate. A network allows investors to challenge and support one another, and can aid significantly in advancing one’s career through shared knowledge and new opportunities. Because much of real estate investing relies on experiential-based learning, rather than on reading a book, for instance, savvy real estate investors understand the importance of building a network. The Bottom Line Despite abundant advertisements claiming that real estate investing is an easy way to wealth, it is in fact a challenging business requiring expertise, planning and focus. In addition, because the business revolves around people, investors benefit in the long run by operating with integrity and by showing respect to associates and clients. Tough it may be relatively simple to enjoy short-lived profits, developing a viable real estate investing business that can last for the long-term requires additional skill and effort. Whether focusing on apartment buildings or commercial property, highly effective real estate investors share these 10 essential habits.
By Jean Folger
32 | The Darproperty - December 2016
LIST YOUR PROPERTY HERE FOR ONLY TSHS 50,000/= VAT EXCL.
CLASSIFIEDS MIK OC HEN
I
BA GA M NI GA
FOR SALE
FOR RENT $1,200
The Mikocheni House is Located at Plot No. 350 BLOCK HOUSE No. MCK/MCB,783 the House is fit for both residential & offices. Includes: 160.0 Sqm, 2 Room, 3 Bathroooms, Parking +255 713 882 669
Located at kingani Bagamoyo Block B Plot number 15 and 17 0713238111
For Rent 1,000 USD
Mikocheni B opposite clouds fm 560.0 (Sqm), 3 Rooms , 2 Bathrooms ,Parking 0754321712
SALE 18 acres property for sale at masaki peninsular ideal for investment project. Negotiable Price 0763 382 231
FOR SALE 3 Billion TZS
EZI
RENT TZ 400,000
SALE 70,000,000 TZS
It has residential license,It is in a good condition Modern iron sheets, Alminum window and tiles Not fall away from the road(sqm 30*40) +255 717 731 191
Mbezi Near Thoms Supermarket Mbezi 0625551183
KIN
SALE 115m Near Flamingo garden, 1145 sqare meter near tarmac road price negotiable. 0718 405 001 / 0692 698 616
SALE TSH 40m Plot for sale at Kibada, 765sqm Block 15 near main road with the title deed 0713 803 069
SALE TSH 45m Tegeta Mivumoni, 1600sqm Plot for sale at Tegeta, Mivumoni. no title deed 0713 803 069
BO KO
TPD KAW E
TEG
ETA
UK ON
FG
GA
RO
UN
DS
RENT $850 Fully Furnished 3 Bedrooms house for rent at Tegeta Namanga about 400 meters from Kibo Complex with Paved Parking and Fitted Spanish Kitchen with Utensils. 0754 612 969/ 0788 612 969
TEG
TEG
YER
ETA
EZI
KIB AD A
"BL
ETA
OC
KC
Beach Plot 0.97 acre available for sale at Mbwa Maji Beach - Gezaulole15km from cm Kigamboni Ferry +255 713 760035
MB
ILE ME LA -
MS MLAS ANANI DIZ I
MA SAK I
MW AN
ZA
FOR RENT $1,200 Mtendenii Street Opposite NHC Millitary House Mwenge 3 bedrooms, 3 bathrooms, Parking, 24 hrs Security 0673312460
KIN
MW E
MIK OC HEN
I
NG ET RA
OYO
simply call 0767 200 202 classifieds@darproperty.net
SALE
EZI
KIG A
BEA
CH
MB ON I
RENT $800 3 bedroom house, 1 self-contained Large compound Parking space Furniture negotiable High ceilings Private garden +255 754 781 240
SALE TSHS 30,000/@sqm For Residential Houses - 20 by 30 square meter plots 3 plots available for sale +255 786 011 755 / 763 011 755
MB
BU NJU
B
Full water supplu,Luku free space located in good street (Planned),It has residential license. Not fall away from main road +255 717 731191
GO
SALE 115,000,000 TZS
The Tegeta House Has 2 upstairs Bedroom, 1 Bedroom Ground floor, 1 public toilet in dour,Big Space for C ar Park, Garden & Servant Quarter Negotiable 0713882669
MA KO N
House for Sale in Tegeta Area
SALE TSHS 51,000 /@sqm Bunju B these plots are suitable for development a School, Hotel, Multi-Purpose Hall, 3 Acres +255 786 011 755 / 763 011 755
RENT $ 600
Semi-finished, 2 bedroom apartments in Mbezi behind shamo tower Call: 0658696840
RENT $750 5 bedroom house for rent at Ungindoni Kigamboni with large compound, servant quarter and garage 0685 215 737
FOR SALE 1,100,000 USD It has a house 4 rooms 800sqm from mliman city 4 00sqm from udsm 300sqm front mail road tittle deed available
0754282460
LIST YOUR PROPERTY HERE FOR ONLY TSHS 50,000/= VAT EXCL.
CLASSIFIEDS
NI IGA MB O KIB AD A-K
SALE $177,000.
ON REQUEST
SALE 30,000,000 TZS
Beach plot for sale near Millennium Hotel 100 meters from the ocean with government offer of 35 years 0754 310 137 / 0713 451 395
Kibada Kigamboni Block 26 Plot 222 631.0 Sqm 0713238111
SALE TSH 55m
RENT $21
Office space to let on united nation road, ideal location and quite area with free parking. 20.5 USD per sqm inclusive of service charge 0763 382 231
Bu yu
SALE 10,000,000 TZS
RENT $700
House for Rent Mikocheni B near Academic primary school 3 bedrooms, 2 bathrooms, enough parking, +255 762 210 893 / +255 713 301 172
Buyuni ilala block 27 Plot number 103 0713238111
Plot for sale in Masaki Off-Mwaya road Price: USD 1.5m negotiable Plot size: 1,777sq.m Call: 0658696840
MP
AM BA G
RENT $400
Fully furnished apartments for rent in Goba, Studio (usd 400) one bedroom (Usd 500), 2 bedroom (usd 1000) Call: 0658696840
RENT
Plot for rent Tanga Well fenced more than 30 acres plot at kasela. 0754 324064 0754 529 829
RENT 15,000/= T.sh
Plot For Sale Plot No. 245 Block 14sqm 1231 and Plot no 246 Block 14sqm at Kigamboni Mwongozo area, Near the Ocean. 2 Plots Available in one area,
0712 459 065, 0783 104 693
FOR SALE $ 4m
100 acres located at Bagamoyo town in Sanzale area, ideal for residential and commercial houses at very potential area 0754 310 137 / 0713 451 395
EZI
EZI B
MB
MB
KIG
TAN
AM
GA
BO
NI
EAC
H
790 sqm to let, ideal for super maket, bank,clinic. 22 USD per sqm inclusive of service charge 0763 382 231
SALE TZS. 23,000 @SQM On the way to Ndoto Polepole farm, beautiful serene 30 by 30 square meter plots, 3 plots available for sale +255 786 011 755 or 763 011 755
BEA CH
RENT $22
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Beautiful 5 bedroom house for rent with Swimming pool, generator and large car parking space 0716 998 864
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ILA L
A
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BEZ
I
House for sale Peninsular with the 2000 sqm plot size. Ready to move in house. Price Negotiable 0763 382 231
SALE TSHS 800m Big compound with big go-down capable of up to 20 containers, 3 phase electricity, DAWASCO connection, 2 bedroom house fully kitchen, dinning room and 4 bedroom servant quarter 0688 210 891/ 0758 210 891
OD YO
SALE $ 1.5m SALE
IJI
EZI MB
MA
MA
SAK
I
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I
BEA
CH
Plot for sale located at Kimbiji Moris, 43 km from ferry, 230m from kimbiji beach, Area 3.3 acres. 0787 992 455/ 0714 633 499/ 0715 283 803
ni I
MIK OC HEN
UPA NG A,
KIG MLAM ANBON DIZ I I
I,
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lala
Rent - $600
Located in Mbezi Beach Africana 2 Bedrooms, 2Bathrooms 0673312460
BA GA MO YO
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House For Rent, Mbezi, Dar Es Salaam Mbezi Beach Round About MWAI KIBAKI ROAD Mbezi Dar Es Salaam Tanzania
1,800 USD
The Darproperty - December 2016 | 37 The Darproperty - August 2015 | 37
Real Estate Agents Directory in Tanzania 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 AUSTIN PROPERTIES LIMITED Mwai kibaki rd P.O. Box 19021 DSM +255 715 686 051 anoranthony84@gmail.com CHINESE PROPERTY AGENT TRANSLATOR Msasani Road, Masaki English Chinese Translator Dealing with your chinese client sms 0756 50 11 37 giraffe_007@163.com
GIMCO ESTATE AGENCY LTD Samora Ave, NIC Investment Hse, P.O BOX 8382 Dar es salaam Tel +255 22 2120988 Mob +255-784 900041
NEW DAY PROPERTY AGENCY COMPANY Mwinyijuma Road - Kinondoni, Room no.84, UVCC Complex +255 753 645 434, +255 717 035 552 +255 767 575 758 www.facebook.com/ raymond samson Laizer
40 The DarProperty August 2014
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
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
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
ARUSHA
TANGANYIKA ESTATE AGENTS Sea Cliff Village (next to Sea Cliff Hotel) Plot 532, Toure Drive +255 742 074 262 info@tzagents.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
ARUSHA AWESOME HOMES AND PROPERTIES.
Shanti House, Plot 58 Block E Sokoine Road P. O. Box 249 Arusha, Tanzania. info@arushahomes.com www.arushahomes.com +255 754 337 899 / +255 786 337 899 HOMES & PROPERTY AGENCIES LTD Land Surveyors & Property Managers P. O.Box 10079 Arusha Boma Rd. Arusha 0787 805566 hopraltd@gmail.com TANGANYIKA ESTATE AGENTS
Shoprite Complex, +255 785 984 467 info@tzagents.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
+255 756 960 960, +255 714 444 250, +255 752 444 606. ARUSHA +255 653 005 530, MWANZA +255 653 005 535, INFO@TZREALESTATE.CO.TZ TZREALESTATE.CO.TZ
ENHANCE YOUR VISIBILTY & CREDIBILITY GET LISTED HERE WITH YOUR LOGO Tshs. 48,500/= Monthly / Tshs. 500,000/= Annually +255 784 23 89 62, 0688 75 18 68 | sales@darproperty.net
Real Estate Agents Directory in Kenya AXIS REAL ESTATE 0727 572836 0713 908 406 kv@kenyavaluers.com www.kenyavaluers.com 48209 Nairobi Kenya
HASS CONSULT LTD ABC Place, 1st Floor, P.O. Box 14090, Nairobi Tel: +254 20 4446914 www.hassconsult.co.ke
ARK CONSULTANTS LTD No. 16 Nas Apartments, Milimani Road P.O. Box 42093, 00100 Tel: +254 20 2726870 www.arkconsultantsltd.com
CORAL PROPERTY INTERNATIONAL LTD +254 735 801077 info@coralpi.com www.coralpi.com
DUNHILL CONSULTING LTD Hevea Court, Block A3, No.15, Eldama Ravine Road, Westlands Tel: +254 786 386 445 www.dunhillconsulting.com
FINANCIAL AND PROPERTY CONSULTANTS LTD Arbor House, Arboretum Drive P.O.Box 14459-00800 Nairobi Tel: +254 722 524383 www.fapl.com
PROLAND REALTORS LTD 6th Floor, Maendeleo House, Monrovia Street P.O Box 29509-00100 Nairobi Tel: +254 720 353437 www.prolandrealtors.co.ke
KARENGATA PROPERTY MANAGERS Head office: No.47 Marula lane, Karen P.O BOX 1552, Karen. 00502,Nairobi. 0733613744 / 0735099932
PROFESSIONAL PROPERTY MANAGEMANT LETTING & SALES 0708 848481 0733 785698 160662 Nairobi Kenya
KENYA VALUERS AND ESTATE AGENTS LTD 3rd Floor, Museum Hill Centre, P.O. Box 48209, Nairobi Tel: +254 20 3745697/512 www.kenyavaluers.com
SEMA ESTATE AGENTS Springette Office park, Block H2, Lower Kabete Road. Tel 020 2017940 / 0725 545527 seamus@semaestateagents.com semaestateagents.com
KNIGHT FRANK Lion place, Waiyaki way Tel +254 20 4239000 / 0733 603260 info@ke.knightfrank.com
PENTA KENYA LTD Tropical lane off Wood Avenue P.O Box 101493 00101, Nairobi Tel 0731471872 / 0711 615782 info@pentakenyaltd.co.ke
COMING SOON RWANDA REAL ESTATE AGENCY DIRECTORY
HALIFAX ESTATE AGENCY LTD Crossway Road, Westlands Tel: 3741269/3740306 info@halifaxestate.com www.halifaxestate.com ENHANCE YOUR VISIBILTY & CREDIBILITY GET LISTED HERE WITH YOUR LOGO Kshs. 2,500/= Monthly / Kshs. 25,000/= Annually +255 784 23 89 62, +254 720 35 34 37 | sales@darproperty.net
PATRONS
Publisher
Darproperty Tanzania Editor In Chief
Larson Chumi
editor@darproperty.net
Business Development & Products
Abdallah Mugasa Janeth Samwel Designs & Layouts
Dennis Maunga Mussa Khamis
dennis@darproperty.net
Marketing & Sales
Michael Francis
michael@darproperty.net
Distribution
ADVERTISERS
INDEX
If you like what you are reading Buy from our Advertisers, remember to mention you saw thei Advert in this magazine
PATRON Al Rais Development ..............................................9 Amin Swai ...............................................................20
Boniface Metta
Bank of Africa ........................................................1
Online Content Manager
Blue Sky ....................................................................16
Mbwana Mbura Aloyce Mkude
Cleveren ...................................................................23
Finance Administration Manager Ismail Mutanda
CRDB PLC ......................................................................5
Public Relation Officer Maria Urassa
Coco Beach Villa ................................................17 Dar Ceramica ...........................................................4 Deco stone ..............................................................37
Accounts Executives Grey Mateni Moreen Mrema Lucynancy John
Eco boxi ...................................................................10
Office Assistant.
Higland villa & apartments .....................1&13
Brigita Laurance Regulatory & Legal Advisors
ABC Attorneys
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
Energy Gold .........................................................27 Hassan Ndubalo.....................................................31 Inter real estate LTD ............................................22 Jenga Jenga ..........................................................39 Kunduchi Villas ....................................................26 Makurunge estates ...............................................2 Marina apartments ....................................28&29 Masumin Towers .................................................33 Mpanji Furniture ..................................................44 MRG ............................................................................25
+255 713 888 036 +255 717 270 791
Mwesigwa Kazaura ...........................................31
For Comments, Complains & Compliments pr@darproperty.net
Ras Laminate ..............................................................3
Country Director - Kenya Xavier Nanchengwa
Myombo Furniture ................................................6 Reef Apartment ........................................................7 RK Chudasama .......................................................21 Shanghai Elevators ............................................15 TAFSUS ........................................................................26
Disclaimer The Darproperty is published by Darproperty Tanzania Company. All rights reserved. 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.
Tanga Cement ..........................................................1 Tanzania Bureau of Standards .....................43 Twiga Cement ..........................................................1 William Sayi ............................................................32 Wintech Elevators ..............................................32
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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Do not take chances with your Real Estate Investment. Go for TBS approved products. We approve standards of all kinds of building materials. From Institutions and Individuals.
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