The
October 2017
Featuring Properties from Tanzania & Kenya
www.darproperty.net
East Africa’s Ultimate Property Guide
FREE COPY
Issue No 58 | ISSN 1821-7753
SPACE AVAILABLE FOR RENT See page 5 for details
The Darproperty - October 2017 | 1 The Darproperty - August 2015 | 1
33RD ANNUAL CONFERENCE & AGM Engaging the Housing Value Chain for Growth SAVE THE DATE 17th-19th OCT 2017 KAMPALA SERENA HOTEL, UGANDA
Across Africa, the residential investment opportunity is increasingly driving conversations about economic growth. The opportunity is clear: with the fastest rate of urbanisation globally, and a growing middle class, Africa’s demand for affordable housing is increasing at a rapid rate. Governments and the private sector each have an excellent opportunity to gear this interest in support of their growth and investment targets, while also meeting the housing needs of their growing urban populations. In the context of an economic downturn on the African continent, housing creates an important and strategic opportunity to change the narrative and drive growth from within. Housing is all about the value chain. The process of delivering and managing a home – from land assembly through to infrastructure provision, house construction, the sales and transfer process, and then ongoing maintenance and improvements – is highly interdependent drawing on multiple sectors in the economy and departments in government. Any weaknesses along the chain affect the performance of the entire chain: it is as strong as its weakest link. Stakeholders across the continent in the public and private sector are yearning to intervene meaningfully and sustainably in the housing space to harness the growth potential however; this will only be realized if key sector players come together and address these challenges in a concerted manner. This year’s African Union for Housing Finance Conference under the theme, “Engaging the Housing Value Chain for Growth,” brings together key players in Africa’s housing and housing finance industry to chart a way for the betterment of housing across the continent. Focusing on the key links in the chain, the conference will bring together financiers, developers, professionals and policy makers to deliberate on the challenges and explore opportunities. Case studies from across the continent will be presented, with specific focus on the issues these raise for Uganda. Five sessions are planned, to include both international and local speakers: • Opening ceremony: engaging value chain for growth • Financing land and infrastructure for residential property • Building affordable housing to scale • Promoting sustainable investment into affordable housing • Closing: Public and Private Sector building the value chain together Co-hosted by the AUHF and Housing Finance Bank Uganda, the conference will conclude with a Kampala Declaration, to be signed by the members of the African Union for Housing Finance, setting out key issues for attention to engage the housing value chain for growth across the African continent. The conference will be held from the 17th to 19th October 2017 in Uganda at the Kampala Serena Hotel. The Chief Guest and key note speaker will be his Excellency the President of Uganda, Yoweri Kaguta Museveni.
#auhfConference2017 Hosted by: For more information contact: Judith: +256 772 419989, Noluthando: +278 283 43556 Beatrice: +256 782 511058 auhf@housingfinanceafrica.org
8 | The Darproperty - October 2017
Tanzania: Real Estate Law Coming, Says Minister
D
odoma — The minister of Lands, Housing and Human Settlements Development, Mr Wlliam Lukuvi, told the Parliament yesterday that his ministry was going to table a Real Estate Bill later this year to check unscrupulous estate agents and land brokers in the country. Tabling his ministry’s budget estimates for the 2017/18 financial year, Mr Lukuvi, said the government had enough with crook brokers and the proposed law would regulate their activities. “The brokers have reached a point of colluding with banks using court orders to auction houses of lenders fraudulently. They declare auctions late on Friday or even at weekends knowing that their debtors will have nowhere to go to file a court injunction to stop the auction,” said Mr Lukuvi adding: “the situation is very bad; a lot of people have been conned and the government must put an end to it starting with the law that we will be tabled in this House this year.” In December 2015, The Citizen exclusively reported that the ministry was drafting a Bill entitled ‘The Estate Agency Act’ set to revolutionise the selling, renting and managing of real property in the country. According to the Bill that The Citizen has
12 | The Darproperty - October 2017
seen, an oversight body known as the Estate Agency Board is going to be established. It will have powers to register and regulate the activities and conduct of estate agents and land brokers. It will also take legal action, including suing unregistered estate agents and land brokers. It will also have powers to scale fees for estate agents.
“The brokers have reached a point of colluding with banks using court orders to auction houses of lenders fraudulently. They declare auctions late on Friday or even at weekends knowing that their debtors will have nowhere to go to file a court injunction to stop the auction,” Currently, middlemen demand some money equivalent to one month’s rent from the tenants they help look for a house or room for rent. The Bill provides that for anyone to be licensed as a registered agent by the
board, he or she should be a holder of an advanced diploma or a degree in estate management. They must also have experience of not less than three years or holders of any other advanced diploma or degree, who have practised as provisionally registered agents for not less than three years and successfully passed relevant examinations of the board. Meanwhile, the minister announced a 67-per cent reduction of premium levy on land survey and issuing of a title deed in the 2017/18 financial year. The premium charge of 7.5 per cent of the total value of land is paid once during the handing over of land ownership as per the Land Act, 1999, but from July 1, 2017 only 2.5 per cent will be charged. According to Mr Lukuvi, the move is essential for addressing sprawling unplanned settlements in the country by enabling many Tanzanians to own formalised farms and plots. “The move will also attract many large investors, who for years have been lamenting about a huge premium levy. If an investor were to lease a piece of land worth billions of money eventually the premium paid also was hefty, but now they will have a sigh of relief By Athuman Mtulya
16 | The Darproperty - October 2017
MASAKI, WE’RE BACK!
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REaL ESTaTE BaTTLE SWiTCHES To ‘LiVE, WoRk anD pLay’ pRojECTS
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AIROBI, KENYA: A few metres from the junction of Lower Hill Road and Haile Selassie Avenue, Nairobi, bulldozers will soon start roaring to life and cranes rise to the skies when construction of one of the most ambitious projects in the country starts on the more than three-and-a-half acres just a stone’s throw away from the city centre. If all goes according to plan, the eucalyptus trees will be replaced by towering concrete and glass structures that will change the city’s skyline in the next three years. Expected to rise 160 metres into the sky, Montave, launched last year, will usher in one of the most prestigious
mixed-use developments that proprietors say will offer “the best in luxury and practicability” at a convenient and central location. When completed, Montave will have 344 apartments on 19 floors comprising one, two, three-bedroom apartments and penthouses. There will be a 36-floor office tower, a shopping mall, a mini-theatre, resident and business lounges. Also included will be a hotel tower with 147 serviced apartments and suites in 40 floors. For entertainment the development has planned an elevated park, a grand piazza, a 30-metre infinity pool and a health club. Prospective residents of Montave will part
18 | The Darproperty - October 2017
with Sh8.9 million for a one-bedroom luxury apartment, Sh12.9 million for two bedrooms and Sh22.9 million for three bedrooms apartments at the off-plan sales phase. This is just one of the many mixed use developments coming up in Nairobi and its environs, as well as other parts of the country. Mixed use developments are becoming all the rave. According to Knight Frank, these developments are not the traditional, one high-rise buildings with a mix of retail space on the lower floors, office space on the upper floors, and, occasionally, some penthouses on the topmost floors. “What we are seeing today are properly integrated developments delivering commercial, residential and retail
Montave - A masterpice is made space in far bigger magnitudes,” says Knight Frank. As Montave developers work to actualise their vision, some city residents are already living the dream. Take the case of Garden City. As visitors traverse the high-end shopping mall which is home to global brands, residents in any of the 159 apartments and 56 villas within the complex can walk into any of the eateries, grab a bite and retreat to the comfort of their homes. “Our integrated community offers the perfect environment for all sorts of people both for short- or longterm stays. It is popular with global contractors working in Kenya on short-term basis. It is also an ideal location for retirees who find convenient services from the nearby mall,” says Violet Kageha of Garden City Village’s sales and leasing section. Garden City was the first fully-integrated development in Kenya. It was also the first private project of that nature to be granted a Vision 2030 status.
Continues On Page No 22
The Darproperty - October 2017 | 19 The Darproperty - August 2015 | 19
20 | The Darproperty - October 2017
mikocheni b
The lifestyle is replicated in the newest kid on the block – Two Rivers, the integrated development situated between Limuru Road and the Northern Bypass. Sitting on 102 acres, Two Rivers consists of a huge retail mall, two office towers, residential apartments, hotels and recreational space. Then there is Le’Mac, Kenya’s tallest mixed use development. Located on Church Road in Westlands, Nairobi, Le’Mac is a Sh3.5 billion structure of a modern and innovative design. Anthony Mugo, an investor in an upcoming mixed-use development on Ngong Road, Nairobi, says convenience is the key word when it comes to such projects. “You have an ideal location that is conducive to the working class. For one, you avoid clogging the city’s arteries by having all the amenities under one roof. Such a hustlefree lifestyle goes along way in improving a person’s life,” says Mugo, adding that such
22 | The Darproperty - October 2017
mega projects act as magnets for human traffic. One of the projects in which Mugo hopes to invest is an upcoming university hospital on Ngong Road. With works set to commence in January 2018, Mugo says this will be a boost to other developments within the complex such as residential units and social facilities. “The university hospital will host a young population. This means any residential units such as studios, one or two-bedroom apartments will be up
convenience is the key word when it comes to such projects. “you have an ideal location that is conducive to the working class. For one, you avoid clogging the city’s arteries by having all the amenities under one roof
for grabs,” he says. But a pleasant lifestyle or not, a mixed-use development must make business sense to investors. “Market demand is highest for developments that have enveloped high-end commercial, retail and leisure offerings on one site as they are able to attract a strong footfall. Such properties will command price appreciations of up to 40 per cent on top of average market rates,” said Sakina Hassanali, head of development, consulting and research at HassConsult during Montave’s launch last year. HassConsult was appointed to direct the design, construction and management of Montave. Such mixed-use developments have become popular in many locations globally. In Dubai, for instance, residential homes, offices, and amusement parks compete for space with the city’s skyscrapers. Written by: Peter Muiruri : Sourced from. Standard media
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REaL ESTaTE The aBCs of REaL ESTaTE MaRkET piggy back loan 1.A combination of the construction loan with the permanent loan commitment. Example: The permanent lender would issue a commitment at an 8% rate, effective upon completion of construction. As assurance that the loan will be borrowed even if rates are lower later, the commitment is piggybacked to the construction loan, and must be drawn down upon retiring the construction loan. 2. One mortgage held by more than one lender, with one lender holding the rights of the others in subordination. Example: A Loan is made for 90% of the home price; 80% of the price is supplied by a savings and loan association, 10% by an individual, who then has a piggyback loan. The piggyback agreement allows the S&L to have priority on foreclosure. This type of arrangement can be used to avoid private mortgage insurance. Mortgage note. the document that states the names of the borrowed 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 debt and repayment requirements. Home price index. a measure of the relative level of price in a specific housing market at a specific time. Value of the index are pegged to some starting value and indicate change over some rather than an average or median price in dollars. Example: Last year, the home price index for the local market stood at 110. This year, it at 120, indicating that homes, on average, increased in value by 9% over the year. Funds from operations (FFo) a measure of the profitability of a real estate investment trust (REIT). FFO begins with net income as derived using generally accepted Accounting principle (GAAP). To that it adds depreciation deductions and deductions. (FFO does not consider extraordinary item and gains (losses) on the sale of real estate. importance: Security analysts generally believe that the net income from income - producing real estate is not properly measured by GAAP, because GAAP requires depreciation deduction and the amortization of deferred charges. These items do not require a cash outflow. These analysts have embraced FFO as a more appropriate measure of a REIT’s performance. Exclusive right to sell listing. employment contract giving the broker the right to collect commission if the property is sold by anyone, including the owner during the term of the agreement. Example: Abel gives Quick Sale realty an exclusive right to sell listing on his house. If the house is sold during the time of the listing, Quick Sale is entitled to commission. Ground Lease a lease of property whereby the landlord (Lessor) is responsible for paying all property expenses, such as taxes, insurance, utilities and repairs. Example: In a certain apartment complex the landlord pays for all utilities and taxes. The lease is a gross lease, since the landlord receives rent as a gross figure and must pay operation expenses.
Top 10 questions to ask tenants
T
hese questions can help you screen tenants before taking the time to check up on references and will give you an insight into each individual, letting identify potential issues before they arise. If prospective tenants are sketchy and offer only vague answers, you can take this as a warning that they might not be suitable. You’re entrusting them with your asset, so you should take reasonable steps to ensure it won’t be mistreated and will be paid for promptly and in full each month. These questions can begin the process of evaluating a tenant and finding a suitable fit for your property, which in turn should save you time, money and a lot of stress. 1. Why are you moving? This is a natural question. It gives you a valuable opportunity to check for any potential problems. If they’re being evicted or are involved in a dispute with neighbours or a previous landlord, this is a cause for concern. 26 | The Darproperty - October 2017
Ordinary reasons are things like new children on the way, moving jobs or looking for more space. 2. What’s your employment situation? The most essential thing to establish is that your prospective tenant will be able to pay the rent. Finding out about their source of income should give you a clear indication of this. You can follow up by asking how long he or she has been with their current employer – which gives you an idea of job stability. Find out more at the references stage. 3. How much do you earn? This gives you a concrete idea of the individual’s ability to cover the rent. A good general rule is that the tenants should earn enough each month to pay two and a half months’ rent – but it’s important to take the combined figure into account if there is more than one earner. It may be an awkward question, but you need to know how much prospective tenants
earn to ensure they can cover the rent. 4. Do you have any debts? Although the potential tenant’s earnings level will give you an overall idea of their ability to pay the rent, additional debts may put strain on their income and make them unable to always pay on time. It isn’t fair to assume, but extensive debts could also indicate that someone has difficulty managing their finances. 5. Can you provide references from your employer and previous landlord? References are a great way to determine whether or not the individual is reliable. Lying when you’re asked if you’re ever late to work or missing rent payments is easy, so the best way to find out about them is to ask the people affected such as previous landlords and employers. If they’re reluctant to give references or make excuses, this indicates they might be trying to hide something.
Continues On Page No 30
6. How many people will be living in the property? This lets you know about their living situation and how many people your property will play host to. Generally speaking, two people per bedroom is the most you should consider, but this is ultimately your decision. More people will create more wear and tear too, as well as increased chance of damage. 7. Do you have pets? Pets shouldn’t strike a potential tenant off your list, but it may represent an additional risk. Whilst it isn’t always the case, pets could obviously scratch furnishings or make mess in the property, particularly large ones. It’s up to you whether or not you will allow pets in your property. 8. Have you ever been evicted? Another potential red flag is previous eviction. If somebody has been evicted before, there are potential issues you need to explore, so the natural follow-up question should be to find out why. 30 | The Darproperty - October 2017
Again, in some circumstances (if it was a long time ago with no issues since, for example) this doesn’t mean the tenant will be unreliable, but it’s not a promising sign. 9. When would you want to move in? This question can give you an idea of how sensible the prospective tenants are. Most rental properties require 30 days notice prior to leaving, so anybody who wants to move in immediately may have left things too late and therefore may not be organised and reliable. However, if the tenant is moving from their parents’ property, from abroad or a previously owned home, wanting to move as soon as possible would not be unexpected. 10. Do you have any questions? You’ve had your turn, and it’s important to give your prospective tenant the chance to ask their own questions. You may have decided they’re right for you, but they might need some clarifications or questions answered before they’re willing to move. It will also help them to decide if you’re
the right landlord for them and if the tenancy will suit their situation. These 10 qualifying questions can be asked over the phone to save time from physically showing the property. A more in-depth screening of references and credit checks should occur, but this should save you some valuable time to determine who is a good fit for your property. Try to find as much information as you can through this process without infringing on people’s rights. No matter how good your screening process is there is always potential for unseen problems. You may decide to take out insurance to cover the building in case of an unexpected problems, such as damage to any contents you provide, theft from a tenant, or non-payment of rent. Always remember your property is a valuable asset and is worth protecting. That starts with taking the time and effort to find the right tenant. Written by: Caroline Parrella
LIST YOUR PROPERTY HERE FOR ONLY TSHS 50,000/= VAT EXCL.
CLASSIFIEDS MIK OC HEN
I
BA GA M NI GA KIN
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
FOR SALE 3 Billion TZS
AAM SAL ES A, D AR AR
FOR RENT $ 376,000
FOR RENT
SALE 18 acres property for sale at masaki peninsular ideal for investment project. Negotiable Price 0763 382 231
Office, Shops, Frame, Restaurants Ubungo -Riverside/Makoka stand/Mchichani Frame: Tshs.300,000-400,000 +255 713 245 806
School For Sale, Kimara, Dar Es Salaam 24 Hr Security, Electric Fence,Garden 0712 196341
KIN
SALE 115m Near Flamingo garden, 1145 sqare meter near tarmac road price negotiable. 0718 405 001 / 0692 698 616
SALE TSH 45m
SALE TSH 40m Plot for sale at Kibada, 765sqm Block 15 near main road with the title deed 0713 803 069
Tegeta Mivumoni, 1600sqm Plot for sale at Tegeta, Mivumoni. no title deed 0713 803 069
KO BO
PD KAW ET
TEG E
TA
UK ON G
FG
A
RO UN D
S
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
For Rent 1,000 USD
Mikocheni B opposite clouds fm 560.0 (Sqm), 3 Rooms , 2 Bathrooms ,Parking 0754321712
Located at kingani Bagamoyo Block B Plot number 15 and 17 0713238111
KIM
MS MLAS ANANI DIZ I
MA SAK I
FOR RENT $1,000 Located at Mikocheni B (kwa Osama). The house has 4 rooms, both rooms are masters, 1 master bedroom with kids lounge, Kitchen, Parking,Garage & Garden. The rent is negotiabl +255 713 882 669
RIV ERS IDE -U BU NG O
MIK OC HEN I
MIK OC HEN
I
B
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simply call 0767 200 202 classifieds@darproperty.net
SALE
BEA
CH
KIG AM BO NI
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
Ilem
EZI
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,M
wa nza
Full water supplu,Luku free space located in good street (Planned),It has residential license. Not fall away from main road +255 717 731191
KO NG O
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
House for Sale in Tegeta Area
TZS 9,798,437 House For Rent, Ilemela, Mwanza 3bedroom house for rent at nyamhongolo, ilemela mwanza, 2850.0 (Sqm) 3 Rooms 0755 722 222
32 | The Darproperty - October 2017
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
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
lala
Kibada Kigamboni Block 26 Plot 222 631.0 Sqm 0713238111
ni I
ND ON I KIN O
UPA NG A,
KIG MLAM ANBON DIZ I I
SALE TSH 55m
For Rent - 600,000 TZS
RENT $21
SALE 10,000,000 TZS
Apartment , Kinondoni, Dar Es Salaam 280.0 (Sqm), 2 Rooms, 1 Bathrooms 0716 145 025
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
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
RENT $22
RENT $5000
790 sqm to let, ideal for super maket, bank,clinic. 22 USD per sqm inclusive of service charge 0763 382 231
MP
AM
RENT $400
Fully furnished apartments for rent in Goba, Studio (usd 400) one bedroom (Usd 500), 2 bedroom (usd 1000) Call: 0658696840
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
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
RENT 1,000 USD Apartment for rent ,3bedrooms,sitting room dinning and kitchen located at Mikocheni B 0716 145 025
ON AM B KIG
MIK OC
KIG
TAN
AM
GA
BO
HEN
NI
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Beautiful 5 bedroom house for rent with Swimming pool, generator and large car parking space 0716 998 864
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
BA G
GO
MA
ILA
LA
SAK
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BA ,M
BEZ
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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
SAK
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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
KIB AD A-K
SALE $177,000.
ON REQUEST
Bagamoyo Town near by Millenium Hotel and College of Arts, 250 meters from Bagamoyo Bus Stand, 0624 116 018/ 0758 266 860
Bu yu
FOR SALE 0R RENT
Located in Segerea Tabata +255 742 145 314
BA GA MO YO
SEG
ERE A
-T AB ATA
BA GA MO YO TOW N
simply call 0767 200 202 classifieds@darproperty.net
Sale 30,000,000 TZS Plot For Sale, Kigamboni, Dar Es Salaam 2km from Kigamboni bridge 5km from ferry 0784238962
BUY
SELL
RENT
MORTGAGE
4 bedrooms Fully furnished Area: Bugando
5 bedrooms Ample parking Area: Bwiru
2 bedrooms 3 bedrooms Furnished/partial Furnished Area: Capri point Area:Capripoint
2 bedrooms Security guard Area: Bwiru
3 bedrooms Lake view Area: Bwiru
6 bedrooms Swimming pool Area: Bwiru
3 bedrooms Furnished Area: Isamilo
3 bedrooms Hot water Area: Bwiru B
3 bedrooms Hot water Area: Bwiru
3 bedrooms Furnished Area: Isamilo
3 bedrooms Near Airport Area: Ilemela
3 bedrooms Fully furnished Area: Greenview
Freefloor office Sqm: 100 Area: Mwaloni
MRG Real Estate | 10378 Mwanza, Nganza - Nyegezi | +255 714 245 779 / +255 767 245779
info@mrgrealestate.co.tz | www.mrgrealestate.co.tz
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
36 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
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
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
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
PROLAND REALTORS LTD 6th Floor, Maendeleo House, Monrovia Street P.O Box 29509-00100 Nairobi Tel: +254 720 353437 www.prolandrealtors.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 The Darproperty - October 2017
| 37 The Darproperty - August 2015 | 37
PATRONS
Publisher
Darproperty Tanzania Editor In Chief
Larson Chumi
editor@darproperty.net
Business Development & Products
Abdallah Mugasa Designs & Layouts
Dennis Maunga Mussa Khamis
dennis@darproperty.net
Marketing & Sales
Michael Francis
ADVERTISERS
INDEX
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PATRON
michael@darproperty.net
Bank of Africa..................................................................1
Distribution
Bluesky.............................................................................23
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Mbwana Mbura Aloyce Philipo
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For Comments, Complains & Compliments pr@darproperty.net Country Director - Kenya Xavier Nanchengwa
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ByGroup ...........................................................................7 China Gold ...................................................................17 CRDB..................................................................................2 Decostone.......................................................................13 Derm Plaza.....................................................................11 Ecoboxi...........................................................................10 Energy Gold..................................................................25 Godown ........................................................................20 Housing Finance Bank.....................................................6 Kisota..............................................................................16 Makurunge Estate........................................................39 Mkuranga.......................................................................27 Mlimani City..................................................................1,5 Mpanji.............................................................................40 MRG................................................................................34 Nabaki Africa................................................................17 Shanghai...........................................................................4 Sunshare ...........................................................3 Tanga Cement..................................................................1 Villas ..............................................................................24 Viny Complex..................................................14,15 Wintech...........................................................29
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