The
June 2015
Featuring Properties from Tanzania & Kenya
www.darproperty.net
East Africa’s Ultimate Property Guide
FREE COPY
Issue No 39 | ISSN 1821-7753
The Darproperty - March 2015 | 1
AVAILABLE FROM: Zanzibar
Dar Es Salaam
Slipway J. D. Pharmacies Airport Terminal 2 All Shopping Malls Village Supermarket NHC - Head Quarter Scholastica Book Shops All Novel Idea Book Shops Premium Super Markets Bundu Shop - Southern Sun Oysterbay Shopping Center Nakiete Pharmacy - Mwenge Home Shopping Center Renowned Hotels & Offices Tanzania Investment Center (TIC) All Major Real Estate Agents
Arusha
Mt Meru Hotel Ngurdoto Hotel Kibo Palace Hotel Impala Hotel Naura Spring Hotel Themi Suites Njiro Complex TFA Complex New Arusha Hotel Naazi Hotel Barista Cafe All Major Banks Woolworth Stores JJ black Stores Snow Crest Hotel Smart Choice Supermarkets Nakumat Supermarket
Chavda Hotel Dhow Palace Beyt al Chai Hotel Zanzibar Coffee House Mtoni Marine Hotel Zanzibar Café Stone Town Café Diplomatic Supermarket Tembo House Hotel Maru Maru Hotel Zanzibar Serena Hotel
Nairobi
Sarova Stanley Hotel Nairobi Serena Hotel Sarit Centre Thika Road Mall Oil Libya Java Lounge Cafes Village Market Junction Mall Kempinski Hotel Hilton Hotel Mega Mall Real estate agent Offices Renowned Restaurants
Publisher
Darproperty Tanzania Editor In Chief
Larson Chumi
editor@darproperty.net
Business Development & Products
Abdallah Mugasa Designs & Layouts
Dennis Maunga
dennis@darproperty.net
Marketing & Sales
Michael Francis
michael@darproperty.net
Distribution
Boniface Metta Online Content Manager
Mbwana Mbura
Key Accounts Manager Brenda Ndashuka Finance Administration Manager Erick Kessy Public Relation Officer Maria Urassa Accounts Executives Grey Mateni Faraji Senkoro Office Assistant.
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
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.
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+255 713 888 036 +255 717 270 791
For Comments, Complains & Compliments pr@darproperty.net Country Director - Kenya Xavier Nanchengwa
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
Superior Community for Better Life
Kigamboni
Sports & Entertainment Center Golf training field Swimming pool Basketball court Kids' play yard Football field Tennis court Gym
Retail stores Shopping center, Bakery, Fruit & vegetable shops, Butcher’s shop, Fish market, Pharmacies, etc.
Services Banks, Bus stops, Liquefied gas station, Laundry, etc. Commercial Center
Food and drink Restaurants, Fast food, Café, Western food, Bars,
Site Sales Office: AVIC TOWN, Somangira, Kigamboni, Dar es Salaam City Sales Office: G/F,Sea View Apartment, Near Aga Khan Hospital, Upanga PHONE：+255 766 189999 | +255763 500999 info@avictown.co.tz | www.avictown.co.tz
”Tanz ani a´ sl eadi ngl and& pr oper t ybr oker ” www. t z agent s . com DaresSal aam
FORRENT Ka weBeach–4b/ r $2, 800/mont h
FORRENT Mas aki–3b/ r $3, 750/mont h
FORRENT Mbagal a-war ehous es $2, 500/mont h
FORSALE Fi s hi ngLodge $895, 000
Ar us ha
FORSALE Ki l iGol f-pl ot s $65, 000
FORRENT Nj i r o–4b/ r $600/mont h
FORRENT Nj i r o–4b/ r $800/mont h
FORRENT AgaKhan–7b/ r $3, 000/mont h
Tanga/Pangani
FORSALE Pangani –Hot elpl ot –6, 5acr es $150, 000
FORRENTORJV Pangani–6acr es Pr i ceonr eques t
FORSALE/RENT Tanga-4acr es–5b/ r $575, 000/$1, 300/mont h
FORSALE Pangani/Sange–6acr es $125, 000
Cont act DaresSal aam
Raphael Nondi
ManagerDaresSal aam Tel . +255717032633 r aphael . nondi @t z agent s . com
Ar us ha
Anders Wehtje
Founder Tel . +255785984467 ander s . weht j e@t z agent s . com
Tanga/Pangani
Annabel Burdes
Par t nerTanga/Pangani Tel . +255784632529 annabel . bur des @t z agent s . com
Pr oper t yoft hemont h!
Tanga-Hot el–16r ooms-$695, 000
PHOTO
PHOTO
PHOTO
PHOTO
Ver ycent r alhot eli ncoas t al Tangawi t h16wel lequi ppedr oomswi t hl ar ge s hower / bat hr ooms , A/ C, TV, f r i dgeanddoorcar dl ocki ngs ys t em. Recept i on, r es t aur ant , ki t chen, s t or eandmeet i ngr oom ongr oundf l oor . Rooft opbar wi t hgr eatpot ent i alf orl oungewi t havi e wofdownt ownTanga. Bui l di ng f oundat i oncans uppor tanot hert wof l oor s . 20Kwhgener at orandabor e hol e. Secur epar ki ngoppos i t et hehot el . Thepr oper t ycompr i s esof2pl ot s– onemeas ur i ng366s qm andt heot her277s qm. I ncl udedi nt hes al ear eal s o 2v ehi cl es( aPr adoandaHi l ux)t os uppor tt heoper at i onoft hehot el . Thi si s agr eatcommer ci aloppor t uni t yi nf as tgr owi ngTanga!
ABLA BEACH APARTMENTS ZANZIBAR
STUDIO | ONE BEDROOM | TWO BEDROOMS | THREE BEDROOMS Abla Beach Apartments P.O.Box 4249 Zanzibar Tel: +255 673 761 123 / 713 573327/ 775 000 666/ 673 502 329/ Landline: +255 2425 782/3/4 BAIT EL RAS MTONI ZANZIBAR www.ablabeachapartment.com | info@ablabeachapartment.com
City
New Chalinze
Taasisi ya Miradi na Maendeleo ya Miundombinu ya UTT iliyo chini ya Wizara ya Fedha inautangazia Umma Uuzaji wa Viwanja katika Mji wa Chalinze, Mkoa Pwani
Wananchi wote mnakaribishwa kununua Viwanja hivyo vyenye Ujazo wa chini, kati na juu na vingine vya matumizi mbalimbali. Viwango vya kuuzia viwanja ni kama ifuatavyo:Matumizi ya Ardhi
Bei ya Kuuza Tshs kwa kila Mita ya Mraba
1.
Makazi, Majengo ya Umma (Public Buildings), Taasisi, Zahanati, Huduma za Ibada (Religious Institution), Shule, Taasisi za Elimu, Viwanja vya Michezo (Play grounds).
3,500.00
2.
Makazi/Biashara, Nyumba za Makazi (Housing Estate), Biashara, Hotel
4,000.00
Maelezo ya Upimaji Viwanja (Mahali/Aina ya Viwanja Vilivyopo Kwa Kuuzwa) Na.
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13.
Idadi ya Viwanja
Matumizi ya Ardhi Makazi
1042
Makazi/Biashara Biashara Hoteli Viwanja vya Michezo Shule Nyumba za Makazi (Housing Estate) Majengo ya Huduma (Public Buildings)
89 27 3 2 8 3 3 1
Zahanati/Kituo cha Afya Ibada
4 4 1 1
Soko Kituo cha Biashara (Commercial Centre) College/Chuo
Maelezo ya Fedha ya Dhamana/Malipo ya Mwanzo Fedha ya Dhamana kwa kila Kiwanja (Tshs.)
Aina ya Mwombaji
1. 2.
Mwombaji Binafsi
400,000.00
Taasisi kama Mashirika, Benki, Taasisi za Dini, Shule, Mifuko ya Hifadhi ya Jamii n.k.
500,000.00
Angalizo:- Kwa waombaji ambao wataomba viwanja zaidi ya kimoja (kwa kampuni) watatakiwa kulipia fedha ya Dhamana / malipo ya mwanzo kwa kila kiwanja
Maelezo ya Mwombaji 1. Uuzaji wa Viwanja katika eneo la Mji wa Chalinze unafanyika kupita Benki ya Posta Tanzania katika Matawi yafuatayo:-Tawi la Dar es salaam fomu zinapatikana kwenye matawi ya Mkwepu, Metropolitan, Azikiwe (YWCA). Kwa Mkoa wa Pwani fomu zinapatikana Chalinze Postal Cooperation na Bagamoyo Mini Branch.Pia fomu zinapatikana katika tovuti ya www.utt-pid.org, na malipo yanafanyika katika Benki ya Posta matawi yote nchini. 2. Bei ya kununua Fomu hii ni Tshs. 15,000/= na mwombaji akipata kiwanja atakilipia ndani ya miezi mitatu. 3. Tafadhali rejesha fomu iliyojazwa vizuri katika Benki ya Posta; utapewa fomu ya uthibitisho / kukiri itakayoambatana na mhuri wa Benki ya Posta 4. Kwa maelezo zaidi/ufafanuzi wa yote hapo juu, tafadhali piga simu +255 757 254 653. 5. Ukubwa wa viwanja:-
(a) Ujazo mkubwa (400 - 800m²),
(b) Ujazo wa kati (801 - 1600m²), na
Imetolewa na: Taasisi ya Miradi na Maendeleo ya Miundombinu ya UTT
(c) Ujazo mdogo (1601 - 4000m²)
Livingstone St.
Adamas Residence
Msimbazi st.
Amani St. Livingstone Hotel
Morogoro Rd.
Lumumba St.
Puma Petrol Station
Livingstone/Amani St. - Kariakoo Adamas Residence 4th Floor. Mobile:
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.
12 | The Darproperty - March 2015
Tanzania Bureau of Standards -TBS Ubungo, Morogoro / Sam Nujoma Rd P.O. Box 9524 Dar es Salaam, Tanzania Tel: +255 22 245 0298 | +255 22 245 0206 Fax: +255 22 245 0959 info@tbs.go.tz | www.tbs.go.tz
H
MORTGAGE MODIFICATION
omeowners facing a major financial hardship that could lead to a foreclosure may work with a lender to get a loan modification sometimes called a mortgage modification, workout plan or restructuring which will change the terms of the mortgage loan so the borrower can afford the payments. To do this, the lender may allow the homeowner to refinance the loan, pay a lower interest rate, extend the term of his loan, skip payments and add them to the total loan amount or roll past-due payments into the total loan amount. Under mortgage modification, borrower reach an agreement with mortgage lender to change the original terms of his mortgage such as payment amount, length of loan, interest rate, in most cases, when your mortgage is modified, you can reduce your monthly payment to a more affordable amount. Any change to the original terms of the loan is called a loan modification therefore if you
can’t afford your current mortgage due to a financial hardship, and you want to stay in your home, mortgage modification can help a borrower to avoid a foreclosure sale, to make lower payments or modified payment amount is based on borrower current financial situation and takes the hardship into account.
• The owner of the residence, and the mortgage must be for a primary residence. • Still financial secure, so as not to have filed for bankruptcy yet. NOTE A loan modification changes a loan permanently, so it may not be an option if you’re facing a temporary hardship. Mortgage borrowers may fallen behind on Alternatives to a loan modification their mortgage, and this could lead them If you don’t qualify for a loan modification, to be on the path to foreclosure without but can’t make your mortgage payments, you permanent help. If this situation occurred to a have other options to avoid foreclosure. These mortgage borrower, he or she may be eligible include: to modify his mortgage. • Short selling the home, whereby you and the bank negotiate a deal allowing you to sell your home for less than you currently owe the Important considerations bank. Those struggling with mortgage payments • Giving the home back to the lender via a are able to request modifications from the “deed-in-lieu of foreclosure.’ mortgage lenders. While requirements • Getting a forbearance, whereby the lender will vary depending on who the mortgage reduces or suspends your loan payments providers are, some criteria are common. Applicants requesting modifications must be: (usually for up to 90 days). • Finding a tenant who will rent your home • Experiencing a documented financial and using that money to repay the lender. hardship. • Missing several payments already.
INSTITUTION
INTEREST RATE (%)
KCB
19
NMB
19
CRDB
18
BOA
18
EXIM
20
AZANIA
19
CBA
23
DCB
19
STANBIC
21
A MODERN AND SECURE HOME WITH A STUNNING VIEW
CALL US NOW!
+255 762 545 866 +255 684 425 142
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THE REEF APARTMENTS
NEWLY BUILT APARTMENTS AND VILLAS FOR SALE AND FOR RENT PROPERTY FEATURES:
Ocean views or Private beach, Swimming pool, Modern kitchen appliances, Fully equipped gym, Air conditioning, Standby generator, 24hrs Elevator, High-end Security & CCTV cameras, Electric fence, Ample parking yard, DSTv connection, 24 hour Management service !
OCEAN WAVE APARTMENTS
LOCATION: Msasani Dar es Salaam, Old Bagamoyo Road, Plot 389/1 & 2 (opposite JKT)
LOCATION: Msasani Dar es Salaam, Old Bagamoyo Road, Plot 77B/2 (near Msasani Beach Club)
Email: reefaptms@gmail.com
Email: oceanwaveaptms@gmail.com
samsa real estate ltd “Where customer needs are fulfilled”
Make yourself at Home, Samsa Real Estates offers a personally inspected selection of privately owned, furnished accomodations for rent which includes everything quality, heritage stlyed homes to luxury downtown apartments.
FEATURES: Offices Fully furnished Swimming pool Modern kitchen appliances Fully equipped gym Air conditioning Standby generator Elevator 24hrs Ample parking DSTv connection High-end security & CCTV cameras 24 hour Management service
CONTACT US: +255 22 2181918. +255 22 2181941, +255 784 440272, sas007tz@yahoo.com Plot No. 84/36G Rashid Kawawa Road Opp. Biafra Play Ground Kinondoni
Real Estate
DUE DILLIGENCE FOR BUYING PROPERTY IN THE NAIROBI HOT SPOTS (PART 3)
I
know I had promised the lazy guys a Nairobi hotspots map in this part, but seems like I was also bitten by the lazy bug. Okay, I forgot! Apology accepted? Thanks. Anyway, I realized that I made assumptions that when you are looking for the best property deals, you are already conversant with the due diligence process. I advise that you should engage a property consultant to do this for you; at least so that you can have someone to blame if anything goes wrong. However, if you are a serial penny-pincher, who doesn’t want to pay professional fees, like many of my friends, then this article will give you the basics. You see, I do not discriminate. I want to share some of the rules of thumb that you need to consider before putting in your hard earned money in property. You understand that unlike your normal goods and services, real estate requires a substantial initial capital investment, which means that you must get it right from the beginning. Here we go…
1. Firstly, get the copy of title from the vendor or owner to conduct an official search at the District/ County Lands Office to investigate the title. This will establish the following, among other details:• The registered owner • Size of the land • Registry Index Map sheet number • Tenure details i.e freehold or leasehold • Encumbrances charged to the title – bank security • Lease term and commencement date, to ascertain the remaining lease term (Usually more than 40 years is appropriate) • Caveats and cautions restricting the sale of the subject land. 2. If the land is located in an urban area, conduct a search at the County Government (formerly Local Government) offices to determine authenticity as well as the land rates payable and outstanding rates. Before any sale of such land, a Rates Clearance Certificate must be obtained from the Rates Department. Many people assume this part.
Also confirm the user of the land, whether it is residential, agricultural, industrial etc. It’s important to note that if it is an agricultural land then a Consent Certificate from the County Land Control Board must be obtained to allow the purchase or sale. 3. Get a Survey Map, known as the Registry Index Map (R.I.M), or an FR from the County Survey office to ascertain that the said property is located on the ground as the said map. In cases where there is a sub-division on a parent plot and the same is not amended on the survey map, then a Mutation (Map) Form is acquired to ascertain the subdivisions. 4. Visit the subject property and do a general survey of the area to establish whether there are any rights of passage through the land (this is not normally recorded in the title document or map); whether squatters have built on the land as it might be costly to get rid of them; and, most importantly, whether you like it! I know friends who have bought land without going to the property, because
they were promised heaven and when they finally visited, they came back with horror stories. 5. Do a search at the court registries via the Kenya Law Reports (www.Kenyalaw.org) to ascertain whether there are any unresolved disputes or cases that may not have been recorded in the title search certificate. 6. Discuss with the neighbors, village elders to understand the subject property better • Neighbors • Village elder • The Chief, County Commissioners, the relatives of the owner After doing all this, it is still important to do a background check of the vendor. Check whether the vendor has the capacity to sell the land • If he is a trustee, then check the Trust Deed to confirm that he has the power to lease or sell the land
• If it is a Limited Company, ascertain from the Memorandum and Article of Association if it has the necessary powers from its objectives to sell or lease the property. Do a search at the Companies Registry to confirm the directorship and shareholding. Note that any sale agreements should be signed and sealed by the designated directors. • If the registered owner of the land is deceased, then ensure that the personal representatives of the deceased have Grant of Probate (Where there is a Will) or Letter of Administration (Where there is none), as stipulated in the Succession Act. Finally, land transactions are no longer a secret. When you are buying make sure you make noise about it. You never know, maybe the mad man in the village knows something about the land that will save you from making Morris Omollo Property Consultant the mistake of buying it!
Registered & Practicing Valuer and Estate Agent in Kenya morris@darproperty.net
20 | The Darproperty - March 2015
RUNDA MIMOSA
TO LET: Kshs.400,000/= per month. Ref. 69
A spacious double storey house on ½ acre in this secure residential area. Bedrooms, Cloakroom & Kitchen. Garage, 2 Staff Rooms.
LOWER KABETE – OFF GENERAL FOR SALE: Kshs. 38 million. MATHENGE DRIVE Ref. 47
MUTHAIGA
TO LET: Kshs.140,000/= per month. Kshs.5,000/= (Service charge) Ref. 52
A double storey GUESTWING in a secure and neat compound. Living Room, Dining Room, 2 Bedrooms, 2 Bathrooms (1 Ensuite), Cloakroom & Kitchen.
RUNDA – OFF RUAKA ROAD
FOR SALE: Kshs. 100 million. Ref. 10
A modern and secure FOURTH FLOOR APARTMENT conveniently A cozy house on ½ acre of mature garden in this secure part of Runda situated in a development of 15 at the junction of Kabete Lane & General Estate. Living Room, Dining Room, 4 Bedrooms, 2 Bathrooms (1 Ensuite), Mathenge. Lounge, Dining Room, 4 Bedrooms, 3 Bathrooms with bide (2 Kitchen & Study. Includes 2 Ensuite Guestrooms. Ensuite), Cloakroom, Kitchen & Utility Room. Swimming Pool, Inverter for power backup, 1 DSQ, 2 Car Parks.
LAVINGTON, O WASHIKA ROAD
FOR SALE: PRICE GUIDE: Kshs. 190 Million. (Offers Invited) Ref. 74
– OFF ISAAC GATHANJU ROAD
A FREEHOLD plot of 0.786 OF AN ACRE with an old style house. AN IDEAL PLOT FOR THE REDEVELOPMENT OF TOWNHOUSES.
RUNDA – BENIN DRIVE
FOR SALE: PRICE GUIDE:Kshs. 42 Million. Ref. 12
A 0.5 acre plot located in this secure & developed part of Runda Estate. • Level plot. • Services available.
FOR SALE: KAREN, Price Guide Kshs. 640 Million (Offers Invited) Ref. 104 MIOTONI ROAD
A stunning 10.4 acre Freehold plot on Miotoni road, close to the Ngong Road junction. Masses of beautiful trees and an old double storey house. Frontage to a dam. A VERY IMPORTANT DEVELOPMENT SITE.
WESTLANDS
FOR SALE: Kshs. 45 Million. Ref. 77
Located close to the Sarit Centre, the CBD and schools, a spacious DUPLEX in a secure compound. Living & Dining Room, Family Room, 4 Ensuite Bedrooms, Cloakroom, Laundry Room & Kitchen. Can be sold fully furnished.
RUNDA
TO LET: Kshs.350,000/= per month. Ref. 52
A well presented double storey house on 1 ACRE of mature garden in 6 Bedrooms, 5 Bathrooms (4 Ensuite), Kitchen & Cloakroom. Double Garage, Laundry Room, 2 Staff Rooms & Sauna. AVAILABLE 1ST SEPTEMBER 2014.
RUNDA – RUAKA DRIVE
FOR SALE: Kshs. 93 Million. Ref. 59
A delightful and beautifully presented double storey house set in ½ acre of Bedrooms, 4 Bathrooms (2 Ensuite), Cloakroom, Kitchen & Terrace. Garage, Generator Room, Laundry Room, 3 Staff Rooms.
LOWER KABETE
FOR SALE: Kshs. 80 Million. Ref. 48
A double storey house in a development of SIX each with private compound. 2 Living Rooms, Dining Room, TV Room, 4 Ensuite Bedrooms, Study, Kitchen (includes dishwasher, electric oven, hob and extractor). 1 Staff Room.
LAVINGTON, OTHAYA ROAD
FOR SALE: PRICE GUIDE Kshs. 250 MILLION (Offers Invited) Ref. 73
A prime FREEHOLD plot for development of MULTISTOREY FLATS. – 0.759 ACRE. There is a delightful old style house which will sadly be lost.
PRL
ProLand Realtors Limited Registered Valuers, Property Managers & Real Estate Consultants
ProLand Realtors Limited Maendeleo House, 6th Floor, Monrovia Street P.O Box 29509- 00100, Nairobi, Kenya +254 727741501 www.prolandrealtors.co.ke info@prolandrealtors.co.ke
Residential Properties for Sale
Kaputei Gardens is an exclusive and elegant 5 bed roomed country homes in a gated community of four units only. Located in an exclusive area in Kileleshwa and developed on a 0.25 Acre parcel. Highlights Plinth Area 530 meters squared. 5 bedrooms all ensuite. Garages with extra parking spaces for visitors. Detached SQ and Guest wing 24 hrs security + panic buttons Family room
Sigona Valley is a tranquil gated community of 30 homes set on 4 acres, just a stone's throw from Waiyaki Way and not far from the renowned Sigona Golf Club. Sigona Valley is designed to provide modest living in a premier location, with easy access to Nairobi's growing infrastructure network. With a variety of three house designs, Sigona Valley homes cater for a multitude of family types and boast a sense of space and style at an affordable rate. The homes at Sigona Villa range from 1,400 sq.ft for a three-bed villa to a grand four-bed villa of 2,400 sq.ft. These homes sit on approximately 1/10th of an acre with access to community facilities such as borehole water supply, solar hot water heating, waste water recycling and secured boundary walling.
PRICE GUIDE KSHS 76 MILLION
PRICE GUIDE FROM KSHS 16 MILLION
Commercial Properties for Sale & To Let
JKUAT SRBS Tower is situated on George Padmore Road on 1.93 acres in Kilimani area. The plot is currently being developed with a new office block measuring a gross built up area of 25,876 square meter. The building has 15 stories and 4 levels of basement parking. The typical office floor in the tower is divided into two individually wings to lease to corporate clients. The ground and first floor are more adapted to commercial functions. FOR RENTAL OR SALE CONTACT US FOR DETAILS
Crescent Business Park is located along Parklands Road, Opposite MP Shah Hospital, It offers a modern environmental friendly 10 storey office building with the following amenities: 4 levels of basement parking in addition to 2 podium level parking, 4 high speed lifts, 3 fibre connection KDN, JAMII and ACCESS Kenya digital fixed line, 2 GSM masts on site green environment and friendly, led lightning , to lower consumption and operating costs, generator back up power, borehole and large capacity 250,000 litre water storage, CCTV and access control monitoring the building 24 hrs, security control desk at ground floor. FOR RENTAL CONTACT US FOR DETAILS
ProLand Realtors Limited Making the Real Estate Difference!
Live Your Dream with Our Home Improvement Loans
W
e at Akiba Commercial Bank, like everyone else, know your home is the most important investment you will make in your life, and for that matter we want to help you make it as pleasant and livable as you would like. Starting from TZS 500,000 up to TZS 20,000,000 our Home Improvement Loans will help you change and enhance the look of your home today. Those sleepless nights spent gazing at an unfinished ceiling underneath a leaking roof over rooms surrounded by unpainted walls could just be coming to their end.
bank for your development
So what do our loans mean? Possibly many things, but to name a few… • They enable you to complete building your house • They make it possible for you to carry out vital repairs, or • Improve your home by replacing doors, windows, refitting your kitchen or add more rooms Do you qualify for these loans? Yes if… • You are aged between 18 and 65 years old • You own a business that has been active for one year or more • You are the legal owner of the property the loan is being requested for • You have lived at that property for one year or more
0755 20 20 11 / 0655 20 20 11
HOME
IMPROVEMENT LOAN It is very important that you also bring along relevant documents including the title deed, residential permit, deed of sale, a letter from your local authority, passport, or another form of ID you may have. By the way, you will have priority if you have a good credit history with Akiba Commercial Bank Plc or any other bank. So come in and talk to us today.
info@acbtz.com
www.acbtz.com
Light your Home Through ACB Umeme Loan
T
he world lights up for you with our Umeme Loans Akiba Commercial Bank has collaborated with TANESCO to help you power your life or business through our Umeme Loans facility, created especially to help you realize your dream of a complete home or functioning business. Whether you are building your house and are already planning how you will get electricity connected, or are running a business housed at premises that are yet to be connected, or even local electrical contractors these loans will get you on the right track by ensuring a service line connection. Umeme Loans offers highly competitive advantages compared to what other banks have on the market.
bank for your development
Reasons to choose our Umeme Loans above any other • Our loans are easily accessible • A short processing time of not more than 7 days after receiving the introduction letter from TANESCO • Flexibility in choosing repayment terms which are typically 3-12 months • The loan facility is gateway for accessing other Akiba Commercial Bank services We have made the registration process simple and clear-cut To ensure we give you the best service under this loan scheme both we and TANESCO maintain a register for the purpose of tracking applications for both service line connections and contractors. TANESCO’s register is maintained at every
0755 20 20 11 / 0655 20 20 11
regional branch office. Our eligibility criteria for service line connection • We ask that you own the house intended for connection, and therefore provide documents evidencing ownership. If the property is rented the landlord must give consent. • You must have a reliable source of income to meet monthly repayments • You will also need cost estimates from TANESCO • Priority will be given to clients with credit history From us to you • Our Umeme Loans start from TZS 500, 000 to TZS 2,000,000 • Our interest rate of 19.5% is way below
info@acbtz.com
www.acbtz.com
what our competitors offer • You will be liable for an application fee of just 1% • We will set your loan up for a fee of only 1% • Our insurance on your loan is 1% cost while you only pay 10% Note that for collateral, every facility will be covered by your security. Our eligibility criteria for contractors We ask that if you are a contractor you bring along an introduction letter from TANESCO along with a copy of your contract with them. In addition, please include: • Collateral documents
0755 20 20 11 / 0655 20 20 11
• Board resolutions, and • Management accounts From us to you • You are eligible for a maximum loan amount of TZS 500,000,000 while you pay for the 25% • The facility can be either an overdraft or a term loan • We will charge you a processing fee of just 1% • Our legal fee is a mere 1% • We will extend insurance cover of 1% for amounts below TZS 50,000,000 • Our loan comes at a one year term • On repayments we will allow term loan is paid on a monthly basis
info@acbtz.com
www.acbtz.com
bank for your development
Experts’ Opinions
Tanzania and China, Both of us are developing countries so we must follow the same developing procedures.
G
Speech delivered at the Darproperty Expo Gala Dinner 2015
ood evening, ladies and gentlemen! First of all, I would like to express my highly appreciation and respect to tonight’ organizer Dar property Magazine and also thank you for the wonderful and successful property exhibition this week. What’s more, I also need to thank Mr. Michael for inviting me to present here tonight! Thank you very much! Considering that I may not be able to express myself so fluently in English or Kiswahili, so I invited Miss Cheng Ziya as my interpreter tonight. She is also the Chairman assistant of Mr Huang Yu Hien from Hongxing Real Estate Development Company. My name is Zhou Jiangyue, from Zhejiang China. After my retirement as an educator, I started working in a property company. That’s where I was involved in this industry. In 2011, I was invited to visit Tanzania and fell in the love with this beautiful country. Tanzania has rich natural resource; I can see this country has bright future, and suitable for living and working. So that, in September 2012, I started working in Group Six International Ltd’ s sister company- Ivory Tower Limited as one of the shareholders. In the past two and half a years, I recognized the promising prospect of the real estate industry in Tanzania. As people’s demands are increasing day to days, all the industries are facing remarkable development potential, as well as real estate industry. Tanzania and China, Both of us are developing countries so we must follow the same developing procedures. In the three decades of China’s reform and opening up, the main industry which contributes most to the economy is the real estate industry. This is because the improvement of people’s life qualities depends on the accommodation firstly. After the house is ready, furniture, electrical appliances and other equipment must be acquired, which will push the manufacturing industry to follow up and develop as quickly as possible. Also this rule is applicable in the whole world. However compared to China, right now in Tanzania, the infrastructure and people’s accommodation condition are relatively worse, especially for those ordinary people; therefore this situation must be changed. Also, considering the number of the existing houses is limited, the rental is very expensive; we have to increase the number
of commercial buildings to satisfy the urgent market demand. Actually, just from this week’s property exhibition, we have already found that the developers which joined this highest level’s exhibition are even fewer than the ones which may join a Small China town level’s exhibition. Therefore we can see the development space of this industry is very huge. Of course, every development must have prerequisite; at the early stage of development we are sure to face many kinds of conditions. Right now Tanzania is just standing on this turning point for development. In the last two and a half years, from purchasing land to selling the building, we met several challenges; right now I would like to share that with you and wish to get your supports. One of the challenges is about the land transaction. Land is the base of constructing. However, for us foreign developers, to buy a land here, we face a different condition from China. In China, all the lands belong to the government, and all the land transactions are handled exclusively by the bureau of land resources. However here in Tanzania, we can see many lands are owned by individual, so that we have to rely on the agent always. Under this condition, to buy a land, we have to find a property agent firstly. However, because of the lack of a unified association, each of them are running in different ways with different credits; some agents they even don’t allow you to meet with the landlord so they can hide some information, which may put client into a high risk and cause loss. Therefore, it’s very urgent and necessary to establish an association for property agent. Only if to unify the agencies’ code of conduct, and ensure they meet all the required qualification, then we are able to make property transaction s standardized and transparent. Another challenge is about the current land policy of Tanzania. According to the law foreigners are not allowed to own a property, so when we buy the land we have to transfer the certificate of occupancy to a lease agreement in TIC. On one side I can understand this policy which tries to defend its country’s interests. But two issues are left
which we can’t ignore. Firstly, after a foreign developer bought a land and built there, when we sell the buildings to Tanzanians, obviously these Tanzanians are supposed to get permanent ownership of the property. But unfortunately in the current policy, this issue is not clearly regulated, and it has already caused lots of problems in the property transactions between foreign developers and local customers. Secondly, even though we admit that foreign investors can only rent the properties, however since government allows our tenancy rights in a certain period, it’s also supposed to guarantee our property-use right and give us an official certificate which can allow us to sublease the property, pledge it or even sell the left leasehold right. However, because these two important issues haven’t been resolved; also the form of the certificates, application procedure, and charges’ standard are still not clear. For us foreign investors, we really feel confused, doubtful and somehow lost. Today, honored Michael and Dar property Magazine gave me this opportunity to express and share my opinions with all of you. If my opinions are not proper, please correct me, if you also agree with them, hope medium and each individual can utilize your influence to facilitate government and industry systems to resolve the issues mentioned. So that Tanzania’s real estate industry can be able to develop healthily, rapidly and sustainably. At last, I wish the republic of Tanzania always peaceful and prosperous; Tanzanians happy and healthy! Also I wish Dar property magazine more and more popular and influenced! Wish all tonight’s participants’ everything is ok and always with good lucks! Thank you! The presenter is, a member of Dongyang Political Consultative Committee, holds Chinese and law certificates, he is the graduate of education management courses as well as real estate president course. Zhou co-wrote book of “Custom Dongyang” with Mr. Wang Yonghua. Also published 180 articles with types of prose, essays, thesis. Now he is working as the Chief of administration in Tanzania Ivory Tower Limited.
From
59M/=
Tshs
+255 787 407 207 +255 763 293 184 Tel: +255 222 196 874 Fax: +255 222 123 562 Email: info@kopanyumba.co.tz Web: www.kopanyumba.estate Ohio Street, Amani place Building, 7th floor Opposite Serena Hotel.
City Homes Creative City Homes R
R
is a housing estate project. You may pay for your home on easy installments within ten(10) years. You have one(1) year Grace period, Free of interest . Business people and employees are welcome.
Details: 1. Get your application form now at our office, Amani place Building 7th Flour, Ohio Street opposite Serena Hotel. 2. Homes may be customised to meet your needs. 3. Deadline for applying and returning application form is Tuesday 30st June 2015. 4. Down payment is 1.9% (one point nine percent). 5. Project location: Kigamboni.
CAPITAL GAIN TAXES IN REAL ESTATE
I
f you believe that, by selling off your property you can make profit you have to think twice, every investor targeting to make profit but sometimes you may end up paying heavy sum as tax. CGT is the kind of Tax which imposed on the increase in value of a non-inventory asset between its acquisition and disposal amount, can be denoted as a wealth tax. There are two types of capital gains tax, Short Term Capital Gains and Long Term Capital Gains. Short term capital gain tax is for an investment held for one of two time periods (one year or less) and the long term is for an investment held for more than one year COUNTRY
and less than five years. Not all countries implement a capital gains tax and most have different rates of taxation for individuals and corporations. According to The Income Tax Act of Tanzania, it requires a person who derives a gain from the realisation of an interest in land or buildings situated in the United Republic, to pay income tax by way of single instalment. Capital gain tax in Kenya was suspended in 1985 but has been re-introduced effectively in 1st January 2015 A person who owns an interest in land or building shall be treated as realising the asset when the person parts with ownership
CGT FOR RESIDENT PERSON
TANZANIA
10%
UGANDA
30%
CGT FOR RESIDENT PERSON
20%
5%
5%
RWANDA
30%
30%
BURUNDI
15%
15%
KENYA
of such interest including when the it is sold, exchanged, transferred, distributed, cancelled, redeemed, destroyed or surrendered and in the case of interest of an entity when it ceases to exist, immediately before the entity ceases to exist. It advisable to hold the property for a several years after purchasing it due to the fact that there is ideally, no way of saving or reducing a capital gain tax. As a general rule, you don’t pay any tax until you’ve realized a gain - after all, you need to receive the cash (sell out at least part of your investment) in order to pay any tax.
REAL ESTATE
PUBLIC ANNOUCEMENT
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.
Shelter Afrique Invests USD 1 Million and joins TMRC as a shareholder Shelter Afrique has invested USD 1 million in Tanzania Mortgage Refinance Company Limited (TMRC) taking an 11.06% equity stake in the company. Along with Shelter Afrique, other TMRC shareholders include CRDB Bank Plc., NMB Plc., TIB Development Bank, NBC Bank, Exim Bank, Azania Bank, DCB Commercial Bank Plc., BancABC, NIC Bank, Bank of Africa Tanzania (BOA), The Peoples Bank of Zanzibar (PBZ), I&M Bank and National Housing Corporation (NHC).
About TMRC TMRC is a specialized private sector financial Institution that provides long-term funding to financial institutions for the purposes of mortgage lending. It has the objective of supporting financial institutions to do mortgage lending by refinancing Primary Mortgage Lenders' (PMLs') mortgage portfolios. This type of lending is also known as wholesale or secondary market lending. TMRC is neither taking deposits nor lending directly to individuals. It refinances mortgage loan portfolios rather than individuals mortgage loans and caters to banks rather than individual borrowers.
About Shelter Afrique Shelter Afrique is a Pan-African real estate and construction financier that has been in operation for over 32 years. It was created by the African Development Bank as the premier housing finance institution on the continent of Africa. Shelter Afrique mandate is to make housing more affordable and help member states to close their housing deficits. Currently, Shelter Afrique has 44 African States (including Tanzania) as shareholders and member countries.
SALE $750,000
SALE $3M
Mbezi Beach property for sale with swimming pool. +255 754 526 535
LA
RENT $2500
RENT
4 Bedroom duplex for rent, Upanga, Mindu St. +255 754 526 535
Ilala Shaurimoyo Dar es Salaam +255 754 526 535
SAK
I
RENT $6 / SQM
SALE Tshs 350M
6 Acres, 21km from ferry, Mbutu - Kigamboni +255 754 526 535
SALE $350,000
I BON
I
EIG
AM KIG
UR
SAK
UH UH
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UPA
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MIK OC HEN
I GER
EZA N
I EZA N GER
RENT $12/ SQM
RENT $1500
RENT $12/SQM
New Office block / showroom behind Tansoma Hotel +255 754 526 535
5 Bedrooms house available for rent Behind Tanesco - Mikocheni +255 754 526 535
Office block Vat Inclusive, plus service charge +255 754 526 535
I KIG AM
MS ASA
BO N
I SAK MA
House & Plot for sale - Msasani Beach +255 754 526 535
RENT $500 Vat Inc.
4 Unfurnished bedrooms Haile Selassie - Masaki +255 754 526 535
SALE
3 Bedrooms apartments for sale Upanga Mindu st.(Completion AUG 2016) +255 754 526 535 NI
CH BEA NI ASA MS
CALL FOR PRICE
Plot for sale Kigamboni Maweni 5km from ferry +255 754 526 535
1,2,3 Bedrooms (Several choices) Apartment for sale at Masaki (Under construction) +255 754 526 535
A
ZIB AR ZAN
MA
SALE $280,000
12th floor, 4 bedrooms at Uhuru Height at City Center, plus service charge +255 754 526 535
House & Plot for sale - Mtoni Zanzibar +255 754 526 535
House for rent in Masaki 6 bedrooms, +255 754 526 535
SALE Tsh 250m
RENT $3500 p.m. Vat Inc.
SALE $1.5m
RENT $6000 Vat Inc.
Kilwa - 12 Acre beach plot, with a building permit for extension, +255 754 526 535
HT
Warehouse for rent - Mandela rd, +255 754 526 535
MA
KIL WA
MA
KIG
ND EL
AM B
ON
AR
I
d.
40 Acres beach plot for sale at Mbutu Kigamboni 23km from ferry +255 754 526 535
ILA
MB EZI
KIG
AM
BEA C
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BO
UPA NG AM
NI
IND U
Yusria Realty Room #15, Shoppers Plaza Mall, Mikocheni, Dar Es Salaam, Tanzania - East Africa. Cell: +255 754 526535 Tel/Fax: +255 22 2700538 Web: www.yusriarealty.com MAKING YOUR INVESTMENTS SIMPLE WITH PROFESSIONALISM.
SALE $400,000
1 Acre walled, 3 bedrooms house second row from the ocean +255 754 526 535
RENT $1800
Msasani 3 bedrooms Apartment, fully furnished, +255 754 526 535
NOW AVAILABLE FOR RENT A modern, self-sufficient housing complex in Msasanii, Dar es salaam. Each apartment unit consists of 4 bedrooms ensuite. There is also an extra study/office room which can be used for any purpose. 2 rooms also have a large viewing balcony including access to the rooftop where you can have a view of the ocean.
LUXURY AMENITIES: •24 hours security •Water •Household waste collection •Compound lighting •Gymnasium and swimming pool maintenance •Parking •Data and Intercom hardware maintenance •24 hours CCTV surveillance •Entrance video recognition •Guest Parking •Backup generator and maintenance
AMArate Residence +255 782 786 999/ +255 712 786 999 shaheed@regentpark.co.tz, info@jabergroups.com
OPENING SOON A modern office complex that is expected to be ready soon in the heart of the city. Adjacent to Morogoro Road, along the corner with Msimbazi. Be halfway to everywhere and escape the traffic to both Masaki as well as Nyerere Road.
Al-falah +255 782 786 999/ +255 712 786 999 shaheed@regentpark.co.tz, info@jabergroups.com 34 | The Darproperty - March 2015
BUSINESS CENTER
OCEANFRONT SUITES
NOW AVAILABLE FOR RENT World Class furnished apartments with an amazing view of the Indian Ocean located conveniently in the heart of the business district along Samora Avenue. DETAILS AND AMENITIES: • • • • • • • •
3 and 4 bedroom Fully Furnished apartments Panoramic Ocean view Secure Parking High speed elevators 24 Hours Security Common Area Surveilance Near the Port Standby Generator
+255 782 786 999/ +255 712 786 999 +255 784 202 212/ +255 789 199 511 shaheed@regentpark.co.tz
Experience Luxury In the heart of the Business District
Regent Business Park
NOW AVAILABLE FOR RENT Non Partitioned
Partitioned Rest in Abso
lute Comfort
NEW AVON HOTEL Three delightful Accomodation choices to choose from. Each room includes high speed WiFi and a flat screen TV among other amenities. Choose from a wide selection of delicacies from our room service menu and bask in extreme relaxation at the A1 Spa
Reserve@NewAvonHotel.com GM@NewAvonHotel.com
0768 002866 0688 002866 0658 002866
240 SQ M, 270 SQ M, 120 SQ M and 50 SQ M Available Location: Behind Shoppers Plaza Mikocheni
+255 782 786 999/ +255 712 786 999 email: Shaheed@regentpark.co.tz
The Darproperty - March 2015 | 37
LIST YOUR PROPERTY HERE FOR ONLY TSHS 30,000/= VAT EXCL.
MO S
HI -
KI L IMA
NJA
JOSAM ESTATES COMPANY LIMITED We have the following properties for sale or rent at Mtwara Municipality: A new Hotel with Deluxe rooms at Mangowera area on a plot 3031 sqm. A residential building, fully furnished at Mangowera area on a 3218 Sqm. A residential plot at Kilimahewa area with 2437 Sqm. A Residential plot at Ufukoni area with 715 Sqm. A residential plot at Mitengo area with 1580 Sqm. • All the properties have clean Title deeds • 0714 985676 Or 0762 410957. 0783 377 098 WE ALSO OFFER THE FOLLOWING PROPERTIES FOR SALE • Plots at MAPINGA • Plots at Goba • Farm at Goba • Farm at MADALE (7 acres) • Plot at MIVUMONI (1acres) • Plot at Kibaha Kwa Mfipa CONTACT: 0783 377 098
Negotiable
SALE $1.3M
SALE TSHS 400M
6 bedrooms house within 5 acres at Makongo Juu near Mlimani City with the beautiful view of the Darcity 0754 282 460/0715 721 680
SAK
I
CONTACT: 0783 377 098
CALL FOR PRICE
Picolo Beach Hotel, Kitchen, Restaurant & Bar for rent at negotiable price. +255 786 505 082 +255 654 194 114
RENT $6000 Vat Inc.
House for rent in Masaki 6 bedrooms, +255 754 526 535
IBA TA K TAN I
NJU
MB
BU
EZI
KIL WA
BEA
A
CH
HA
Plot for sale in Bunju Mwisho 26900 sqm/ 7 Acres with title deed, +255 713 336 387 +255 767 122 328
$650,000 Hotel with Deluxe rooms at Mangowera area Mtwara on a plot 3031 sqm.
MA
EB KAW
BU
MA
NJU
KO NG OJ
EAC H
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3 bedrooms house located at national area in Moshi town 3965 SQM with servant quarter 0757 71 44 76 / 0687 51 45 45
MT
RO
simply call 0767 200 202 classifieds@darproperty.net
WA RA
CLASSIFIEDS
SALE $2M
3 bedrooms (2 master) Fully AC, Servant Quarter(Studio Apartment) Ample car parking Garden 0787 04 04 01 / +33 760 034 054
SALE $250,000
One storey semi finished with 4 self contain bedrooms, 1,475 SQM plot with clean 99 yrs title deed near st consolata complex +255 759 339 495
SALE $2,500,000
Industrial Plot facing Morogoro Road, completed wall (36,405 SQM) Dawasco connection & Electricity 0754 286 067/ 0784 286 067
SALE 80,000,000
RENT $600
RENT $12/sqm
3 Bedrooms, Kitchen, Dinning, store, Tarmac road
Office block Vat Inclusive, plus service charge +255 754 526 535
SALE $ 26,000
2 Bedrooms (1 master on it) Natural fresh Air from Kimara hills PLOT SQM: 400 ready to move in 0714 797 943 , 0757 442 620, 0784 352 009
RENT $1,800
four bedrooms house on beach front with 3-contained and servants quarters with parking space and security. 0784 630 182
SALE $420,000
NI
Land for sale - Ideal for petrol station or transport / logistics company - 7000 SQM 0787 528745 MS ASA
ZIB AR ZAN
KIM A
RA
BO N
KAW EB EAC
H
YOK WA
Four bedrooms Unfinished House with title deed and building permit. 0784 670 762
KIB AH A
KIG A
MB W
GER E
ENI
ZAN
I
MB ON
I
MP IJ
I
Beach Plot The area is 35 Acres - Kilwa Masoko +255 784 454 245
RENT $1250
SALE $1.1m
Luxurious beach resort for sale in makunduchi, zanzibar 12,000 SQM 0787 528745
RENT $1500 Msasani 3 bedrooms Apartment, fully furnished, +255 754 526 535
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
42 | The Darproperty - March 2015
ABLA COMPLEX
FOR RENT
Mikocheni - Along Garden Rd.
Office space 13.5 Sqm + Vat + Service Charge Shops Available for $700 + Vat + Service Charge
Chesan
CHESAN APARTMENTS are elegantly designed 3 bedroom luxury apartments located in Kileleshwa along Gatundu Road. It comprises of 56 units within an acre of land.
APARTMENTS
KILELESHWA
3 Bedroom master en suite with SQ
Price:
Starting at
Ksh. 16 M
th
4 Floor, Nginyo Towers, Koinange St. Tel: 020 222 5338, 0735 126 839, 0726 790 685, 0728 992 531 P.O Box 19018-00100, Nairobi Email: info@lionsproperties.co.ke Website: www.lionsproperties.co.ke
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 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
PHOTO & CO.ESTATE Kahama Road/Msasani peninsula P.O BOX 105121 Dar es Salaam. 0786 962 444 Email; Octavianfocas@yahoo.com.
PRESTIGE PROPERTIES Phone: +255-713-764-447/ 0767471293 Tel:+255-22-266-4373 Email:info@prestigeproperties.co.tz www.prestigeproperties.co.tz
HAMPTONS PROPERTIES TZ Haidery plaza - 1st oor upanga/kisutu street P.O.BOX 6547 DARESSALAAM hamptonspropertiestz@gmail.com, a_kito@yahoo.com 0654 204083/ 0784 323133
TANGANYIKA ESTATE AGENTS Village Walk, close to Sea Cliff Hotel +255 717 032 633 info@tzagents.com
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
44 The DarProperty August 2014 44 | The Darproperty - Dec 2014
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
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
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
MY BEACH Old Bagamoyo Rd. opp Yuasa auto impex P.O BOX 105200. Dar es Salaam Tel; +255 22 2701710
+255 756 960 960, +255 714 444 250, +255 752 444 606. ARUSHA +255 653 005 530, MWANZA +255 653 005 535,
ARUSHA 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
INFO@TZREALESTATE.CO.TZ TZREALESTATE.CO.TZ
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
Zanzibar - properties.com Tel: +255 774 44 19 07 Hotel Marine - Malindi Zanzibar
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
“A man`s character is the reliability of himself. His reputation is the opinion others have formed of him. Character is in him; reputation is from other people.” Henry Ward Beecher
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 PAGE NO
Advertise with US NAIROBI +254 728 992 531 DAR ES SALAAM 022 2780517 0784 238 962 / 0713 751 868 sales@darproperty.net
46 | The Darproperty - Feb 2015
ADAMAS RESIDENCE..........................................7 AFRICA SAFER TANZANIA LTD.................24&25 AMARATE RESIDENCE........................................34 AL- FAH BUSINESS CENTER...............................34 AVIC TOWN...................................................21 AXIS REAL ESTATE.......................................32&33 BABU MASANJA..............................................26 BERGER...................................................................2 BOA BANK.............................................................1 CHOKOLE INVESTMENT LTD............................38 CITY HOMES.............................................1,22&23 DIPLOMAT HOUSE.............................................26 JAMII FORUMS....................................................43 JJP INSURANCE.................................................20 KAFKAS ...........................................................3&44 KARATU ................................................................41 KENYA VALUERS.........................................14&15 LLOYD JONES.....................................................13 LONGONOT GATE............................................28 NEW AVON HOTEL...........................................35 OCEAN FRONT SUITES.....................................35 PRIORITY PROPERTY...........................................11 REEF APARTMENT.................................................37 REGENT BUSINESS PARK..................................35 REMAX...............................................................1&9 SAMSA.................................................................17 SCHANDS LTD.....................................................10 SIMBA CEMENT......................................................1 TANGANYIKA ESTATE AGENTS....................4&5 TATU CITY ............................................................16 TBS.........................................................................12 VISION FURNITURE............................................27 WASHAPAWA.....................................................20
48 | The Darproperty - March 2015
50 | The Darproperty - March 2015