HOME ISSN 1821-8520
ISSUE No. 53
of PROPERTIES September- 2016
Tsh. 5,000/=
Tanzania
Buying is Better than Building... The real estate expansion with
Pokémon Go! Maximize your Property Investment Returns
hting
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TEAM Editor's Note
D
ar es salaam city appears to be on the move. The boom times are back and it’s definitely exciting for property investors. For small developers it’s arguably even better. They get a double whammy, riding the highs of capital growth while also being able to manufacture their own equity or profit. With interest rates not so high, there probably hasn’t been a better time for a long time to enter the development industry. Smart developers will no doubt be on the lookout for areas with rezoning and planning policy changes, which could dramatically alter the value of any given parcel of land and also create new opportunities. This month, Prime Location Magazine looks at areas where new dwellings and land releases are set to appear around the city, proving there are always opportunities just about everywhere. This edition We chat to an inspiring property developer who explains the importance of experienced people in every field. (Page 16) and the power of knowledge for insuring your property is well explained by Mr. Brian Robert on page 27. In addition to that, the significance of hiring a property manager, is explained by Mr. Jaffer Dhanji, on page 10. There’s no doubt it takes a lot of determination to undertake a development, but a large part of their success is about finding the right site. Prime Location aims to help developers understand the entire process, from finding a site, developing a block and creating a profit. It’s an exciting process that can generate huge profit for those who play their cards right. Between the newsletters and your monthly copy of Prime Location magazine, you’ll find Sakina Shabbir Manji everything you need to know to become Magazine Editor a successful property developer in any stage of the market cycle. We’re not only talking about great property deals but also valuable and targeted information you simply won’t find anywhere else! If you have a property development story you’d like to share – good or bad – we’d love to hear from you. Please email me at sakina@primelocationtz.com.
We hope you enjoy this edition!
Managing Director EMILLIAN RWEJUNA
Magazine Manager EUNICE WALTER
Editor
SAKINA SHABBIR MANJI
Design & Layout DAUDI MWAIBULA
Sales & Marketing SOPHIA GEORGE MIRAJI M. MIRA J I
Revenue & Admin Manager BROWN MAKELELE
Real Estate
WALTER MBAWALA DIANA CHARLES ROSALIA MICHAEL
Distribution
NATHAN J. KASEKWA
Published & Distributed by Prime Location Investments Limited, P. O. Box 34683, Dar Es Salam, Tanzania Tel: +255 767 711120 +255 788 884 1 88 pli@primelocationtz.com www.primelocationtz.com All rights reserved. While every care has been taken in the preparation of this publication, the publishers can accept no liability for any errors or omissions that may occur. This publication is the exclusive property of the publishers and no part of the contents may be reproduced in any form prior written permission of the publishers.
CONTENTS
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Most exclusive post - codes in Dar-es-Salaam...Pg 8
Maximize your Property Investment returns through Property Plus... Pg 10
WorldWide Movers TANZANIA... Pg 16 Al - Rais Development A Better Option than Building ... Pg 20 Solar lights – Lighting the way... Pg 12
10 37 31
When Home Insurance won’t protect you... Pg 31
150 PROPERTY... Masaki / Oysterbay / Ada Estate Msasani / Mikochen / Mbezi Beach / Upanga / City Centere & Other Area 6
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With so much choice in Dar-es-Salaam why choose Highland Villas? Reasons to choose Highland Villas. Safety and security. Never has it been more important to secure the safety of yourself and your family. Highland Villas is a closed, gated compound with strict levels of security. All visitors to the compound are carefully screened to ensure that when you leave your house to go out or when you put your head down to sleep at night we have a team making sure you and your possessions are safe and sound. Wide range and modern amenities. Each house has ample parking and we have a team on call 24/7 to ensure that if you have any problems we will deal with them immediately. There is a swimming pool, gym and also common areas where you can relax. Convenient and Easy Access We are conveniently located in Msasani Peninsular along Mwai Kibaki Road with easy access to the beach, shopping malls and recreational points. We are …..kms from city centre and …..kms from Julius International Airport.
Highland Villas in an upmarket development of over 120 villas andapartments. There is something to suit all family sizes and budgets. We have a range of 4 bedroom, 5 bedroom and 5 bedroom deluxe villas to suit every family size and budget. There is also a newly constructed apartment block with a range of one, two and three bedroom apartments.
Value for your money We are offering more than what you pay for. Our packages are very competitive and worth for your money.
Kingsway Court Most exclusive post-codes in Dar-es-Salaam Kingsway court is an exclusive development of 12 villas in Kingsway Estate-Kinondoni, near Selander Bridge. This is one of the most exclusive post-codes in Dar-es-Salaam, next door to embassies and business moguls. It is a private and discreet development catering to professionals. The 4 bedroom Villas are spacious, beautifully decorated and with ample parking. There is a communal swimming pool where you can take a swim, entertain guests or just relax. Safety and security is again paramount. We have also introduced a new serviced offering for our apartments and 4 bedrooms villas. We cater for one night to multiple month stays on a fully serviced basis. This includes all TV, internet, linen, kitchen utensils and cleaning. So if an expensive hotel stay is not for you please contact us. Don’t just take our word for it, make an appointment with the team and come and see our properties today!
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MAXIMIZE YOUR PROPERTY INVESTMENT RETURNS THROUGH PROPERTY PLUS
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he Tanzanian real estate market has seen impressive growth in recent years thanks to a sustained economic growth. But with an increase of economic activity, property owners are finding their focus shifting away from property management and more towards generating the cash flow to fund the lucrative real estate ventures. With new properties flooding the market, it becomes vital for property owners to maintain high standards to remain competitive. However, with lack of time and focused resources, property management can become a challenging task. The solution? Delegate! A competent property manager can add significant value to your investment, which is why many seasoned real estate investors will tell you that a good management company is worth their weight in gold. Property Plus is a Property and Facilities Management Company whose objective is to provide comprehensive property management solutions that are affordable, save time and money for stake holders and follow best practice procedures to preserve long term value in real estate investments. During his interview with Prime Location Magazine, Mr. Jaffer Dhanji explained “We aim to provide tailored solutions to fit every individual stakeholder’s objectives and budget. We are able to manage all areas of property management such as tenant relationship management, rent collection and lease negotiation, safety and security, cleaning and hygiene, maintenance, rental and marketing, liaising with regulators and alike” Tenants and landlords need each other, but that doesn’t mean the relationship is always cordial. Sometimes this partnership is divided by the proverbial wedge due to unavoidable circumstances, but it can also be the actions and attitudes of the people involved that create disharmony. This is where property plus steps in. Well versed with the management industry Property Plus plays an integral role in reducing the daily challenges that their clients face as property owners whilst also balancing the needs of tenants. “We carry out in house services
such as cleaning, maintenance, rentals and marketing… This allows us greater flexibility in controlling costs and the manner in which we deploy various services. Presenting services as a comprehensive package for customers helps to reduces hidden costs instead of securing services individually from different suppliers”. The current economic climate in Tanzania has seen significant spare capacity in the market with supply of rental units exceeding demand. Owners looking to rent out their property have to now realize that price alone does not guarantee occupancy. Available facilities, build quality, location, services and support are all important factors for prospective tenants. In terms of the decline in the economic climate Mr. Jaffer advised “Property developers that are able to find the right balance of these elements will do better and have better occupancy rates. In my opinion a professional company such as ours managing your investments would definitely help you find the right balance.” Having said that tenants have a wide range of options in terms of choice and price, a property management company has become an important asset to developers. “They need to be able to compete, not only on price but facilities and services as well. Self-managing or owner managed properties may not be able to keep up with the demands o f tenants and maintain high service levels especially if they own multiple units. We see more regulation being planned and enforced in the industry which calls for professional service providers to be considered in managing these investments to ensure compliance, safety and value for money. Greater cooperation between regulatory authorities and key stakeholders such as real estate agents, property management companies, developers and ancillary service providers is paramount in helping this industry grow and create more opportunities for employment.” As Tanzania rapidly moves towards more compliance and best practice systems, the need for property management companies will only increase.
For a FREE - no obligation - detailed proposal for your property, contact Property H A o SEPTEMBER 2016 - Issue No. 53 - Home of Properties 10 Prime Location Plus LTD at pm@propertyplus.co.tz or call 0789320099. Office Spaces
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Solar lights – Lighting the way
What plastic gadget, fitting neatly in one hand, can most quickly improve the lives of the world’s poorest people? For the past decade the answer has been clear: the mobile phone. But over the next decade it will be the solar-powered lamp, made up of a few light-emitting diodes (LEDs), a solar panel and a small rechargeable battery, encased in a durable plastic shell. Just as the spread of mobile phones in poor countries has transformed lives and boosted economic activity, solar lighting is poised to improve incomes, educational attainment and health across the developing world. As previously happened with mobile phones, solar lighting is falling in price, improving in quality and benefiting from new business models that make it more accessible and affordable to those at the bottom of the pyramid. And its spread is sustainable because it is being driven by market forces, not charity. With the shortage of electricity in Tanzania where most rural areas have no access to electricity and most urban areas also have regular fluctuations, Ensol - one of the leading players in the market mainly indulge in activities of supplying, installing and maintenance of solar pv, back-up power, solar heaters, micro/pico solar products and the development of different off-grid projects has introduced a product that has played a role of a life changer to many homes.
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ends of the spectrum.” he announced.
“With the run of the smart phone era, nobody wants to live hours without texting. The mobile charging ports on these torches support almost all types of phones and make it easier to communicate.”
The ovBeacon Series Products are weightless little torches that have phenomenal features making it remarkably convenient to use. They are charged by the solar panel which could be placed anywhere around the house with adequate sunlight. Being water and drop impact resistant they are easy to handle and have a life of up to 99 hours of battery life. What makes it better is its ability to charge your mobile phones. He added by saying “With the run of the smart phone era, nobody wants to live hours without texting. The mobile charging ports on these torches support almost all types of phones and make it easier to communicate.”
During our discussion with the Market ing manager of Ensol Mr. Samanchogu Kihore, “With the shortage of electricity in the rural areas people tend to spend a sum of money on kerosene for lanterns, travel hours to get their mobile phones charged and use little candles as their guardian from the dark. Even in urban areas, a lot of inconvenience is caused due to unexpected fluctuations. Generators and inverters are too costly for the middle class earners, and a candle just doesn’t fill the bill. The ovBeacon Series Products are a solution to people on both
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There are different types of solar torches that Ensol supplies according to the type of audience they sell to from industrialists to students. For students they have a special lamp in shape of a desk light which can also be dissected from its stand making it extremely handy Mr Samanchogu Kihore concluded by saying“Our products are not only environment friendly but serve a great purpose at affordable prices to the citizens of Tanzania! We wish to educate more people especially in the rural areas about the advantages of solar power and having evolved from the era of lanterns.”
SEPTEMBER 2016 - Issue No. 53
Wir eles
s So lar L
ight
ing
Kit
X
ig
s
eles r i W
L r a l So
150,000/= X
200,000
130,000/=
175,000 MB 380 Two Lights + Torch + Phone Charger
40,000 X 30,000
Pilot X One Lights + Phone Charger
it K g htin
MB 290 Two Lights + Torch + Phone Charger
1 YEAR WARANT Pay by M- Pesa 0766 6944143 FREE DELIVERY WITHIN THE CITY
Ground Floor, Ubungo Plaza - Dar es Salaam A Location - Home of Properties 13 SEPTEMBER 2016 - Issue No. 53 Mob: 0784694413 Tel:Prime +255-22-2460-100 FAX: o+255-22-2460-100 Office Spaces
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WorldWide Movers TANZANIA Your Go-To relocating company
By Dmas Bayanga As this industry knows all too well, international relocations have always meant change, and not just in the currency, language and groceries expats use, but also in terms of working life, culture and obviously where these employees and their families' call home. Although the nature of international relocation itself is changing faster than ever before and new research into shifting industry trends shows families are having to adjust to significantly shorter and more frequent international assignments than just a decade ago. Employees today are relocating more often and for shorter periods of time: the average length of an international position has dropped from two and a half years compared to three years in 1995. Although multinational companies are prospering because of the experience frequent international movers bring to the job, their families can often be the first to suffer from recurrent upheaval. Parents face hard personal and career choices when considering an international relocation, and without proper planning, family issues can lead to failed assignments or unhappy employees. Is it any wonder, then, that concerns about spouses and children are holding back more and more employees from the potentially life enhancing experience of an international move? But maybe we are only complicating it because of making
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small wrong decisions? There are thousands of relocation companies to choose from and all promise to be the best which isn’t true, some will be better than others but how do you know who to trust? Worldwide Movers Africa founded the first multi-national professional overseas relocation company on the continent. Since 1993 Worldwide Movers Africa has successfully expanded into 15 countries with a business model of stakeholder management, top of the line training, and an undisputed reputation for stability and, above all, personal care.
They offer services like * Shipment survey, provision of guaranteed door-to-door price. * Overseas packing and crating. * High value artwork protection and crating. * Inventory preparation to destination specifications. *Export customs clearance. * Air and Sea freight on accredited carriers * Customs clearance at destination. * Delivery of your shipment to your new home, unpacking and removal of debris
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Other Services *Storage both long and short term. *Shipment insurance coverage by Lloyds of London, both transit and storage *Relocation orientation for newly arriving shippers. *Inter-African moving services *Office and Local Moving *Pet shipments (we love pets!) Many relocations to and from Africa include pets, dogs in particular. They are able to move your pets safely and comfortably ensuring that direct flights are used whenever possible and that the transit time is kept to a bare minimum. In most cases they construct the transit containers to IATA the specifications. Delivery of your pet to your new home is looked after by professionals, all of whom are members of the necessary international trade associations. Alongside of its professional focus, Worldwide Movers maintains a strong social commitment. In the past, WWM sponsored a motorcycle caravan from Durban to Kampala in support of AIDs awareness. This was followed by a Nile raft expedition from Kampala to Alexandria promoting the same theme. WWM also contributes to local sporting events for the under privileged as well as various charities.
SEPTEMBER 2016 - Issue No. 53
WORLDWIDE MOVERS AFRICA A commitment to its clients to move their household and personal effects quickly and safely to any destination worldwide. TTel Te el no no
OUR
Moving with Care and Prudence
S E R V I CE
• Shipment survey, provision of guaranteed door-to-door price • Overseas packing and crating • High value artwork protection and crating. • Inventory preparation to destination speci ications • Export customs clearance • Air and Sea freight on accredited carriers • Customs clearance at destination • Delivery of your shipment to your new home, unpacking and removal of debris Other Services • Storage both long and short term. • Shipment insurance coverage by Lloyds of London, both transit and storage • Relocation orientation for newly arriving shippers • Inter-African moving services • Of ice and Local Moving
+255 22 270 09 77 / 22 277 2631 +255 784 555 995/6 wwmtz@wwm.co.tz Location - Home of Properties 17 SEPTEMBER 2016 - Issue No. 53EmailPrime o
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RENT - MASAKI / OYSTERBAY / ADA ESTATE
APARTMENT FOR RENT ECO RESIDENCY- KINONDONI Environment conscious and spacious, these brand new 3 bedroom apartments are in the heart of the city in Kinondoni area. At the 13th floor, it offers a spectacular view of the sunrise, sunset and the city below. They have an in compound swimming pool, gym, parking and 24 hour security services, free Wi-Fi and a backup generator making it a perfect home and relaxation area as well.
RENT USD 1,200 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com
www.primelocationtz.com
RENT - MASAKI / OYSTERBAY / ADA ESTATE
3 BEDROOM APARTMENT FOR RENT - OYSTERBAY
This is a brand new 3 bedroom (all en suite), fully furnished apartment in a beautiful compound with cool sea breeze. Inclusive of a guest washroom, a storage room, a laundry room, balconies and walking inwardrobes. Other amenities include elevator, CCTV cameras, DStv connection, underground parking, swimming pool and wonderful garden
RENT USD 2,200 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com 18
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Al - Rais Development A Better Option than Building
under bank mortgages making them a safer platform for investment.
After Services – Any issues within their
properties are professionally dealt with. Between 8 am -5 pm, all issues are tackled immediately after notified. For the rest of the day, they have an emergency service line. Since founded in 2008 to date, they have over 10 projects with 300 units unfolding, with an incline on this number every year. Some of their developed properties stand tall in areas like Kariakoo – Ungoni Street, Livingstone Street, Congo Street etc. Having said all that, Mr Imran still confirms the challenges he faces to sell. “Justifying the price to a client is a challenge. It is impossible for us to prove the quality of the house or embellishments such as waterproofing there and then.” To tackle the current purchasing power decline from the buyers, Al Rais has unfolded a payment plan to support their clients. “We care about our clients especially with the financial decline at the
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ometimes you just can’t find the perfect house. With inventory as tight as it is, options are slim, and buyers often must settle for a home that isn’t their best match if they’re determined to purchase now. But now there’s a way to get exactly what they want, even if it’s not on the market. Building comes with many more details to keep track of than buying an existing home. You have to get construction permits, work with an architect, worry about staying within zoning regulations. It’s a daunting task that not every home buyer should take on. Plus the lack of experience! The most obvious attraction to building a home is the opportunity it provides for customization. Al Rais developers bring to you the opportunity to buy an apartment that is customized according to your needs. When Prime Location team had a word with the MD of Al Rais developers, Mr Imran, he was heard saying ““Our ambition to provide the best in Dar es salaam continually inspires us, and solely focusing on the Dar es salaam market is one of Al Rais Developer’s key strategies. The company is built upon a strong financial foundation with no assets on mortgage, ensuring that we have been able to progress and expand the business rapidly, despite an economic
climate which has claimed many of our competitors. Our wide offering of unit types, ranging from single unit apartments, combined units, one floor apartments to custom made units ensures that we are able to fulfill a wide range of purchaser requirements.” Being a premier lifestyle developer with expertise in residential development, Al Rais’s in house inspection team ensures that all of our developments meet extremely high standards with regard to build quality and design, comfort ability and after services. Further dissecting these; Internationally recognized brands are used when building example, Mitsubishi elevators, LG Air conditions, and window material imported from quality suppliers in Turkeyand so on. Their unwavering commitment to their brand promises has garnered them recognition and top accolades.
Quality -
Comfort ability – Being technologically
savvy, Al Rais developers enable their residents to enjoy modern technology like Intercom, PABX system, single cable system for internet, TV, Internet etc. They also provide services like porters in some of their properties.
Financial Security – Al Rais Developers
are privately financed with no property
““Our ambition to provide the best in Dar e salaam continually inspires us, and solely focusing on the Dar es salaam market is one of Al Rais Developer’s key strategies moment, but with the rise in taxes and building especially in prime locations like Kariakoo, it is almost impossible to drop down the prices. However, we support our buyers by allocating access to holding their apartments while still under construction, without selling off the design. Implying that a customer would like to buy an apartment in a certain building which will be completed in the next two years, we allow them to book it in advance and pay off once they move in. Alternatively, we also allow a 5 year payment plan whereby a tenant can move in to the house while still paying off the pending balance on an installment plan stretched out within a span of 5 years, on rent. “ He concluded by saying “With the real estate market being despondent recently, many developers have slowed down. However, what they fail to see is that being a third world country, Tanzania attracts a number of investors. As a developing country people are going to come in and invest their money and will need a place to say. Perhaps the market is on a decline right now, but 2 years later when it revives, it might teeth troubles.”
RENT - MASAKI / OYSTERBAY / ADA ESTATE
3 BEDROOM DUPLEX APARTMENT FOR RENT - ADA ESTATE KINONDONI
Tucked in the heart of the city, Kingsway court is one of the luxurious and affordable 4 bedroom villas at USD 175 per day, the villas are fully furnished and have all the necessary appliances and services like housekeeping. Located at kinondoni these villas offer easy accessibility to all prime locations, making them a perfect get away and home away from home.
RENT USD 175 Per NIGHT USD 1,200 Per WEEK
Tel: 0754711120/0767711120 Email: sales@primelocationtz.com
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RENT - MASAKI / OYSTERBAY / ADA ESTATE
3 BEDROOM DUPLEX APARTMENT FOR RENT - ADA ESTATE KINONDONI
It is a beautiful 12 apartments compound. all fully furnished comprising of four bedrooms (3 ensuite) , sitting room, balconies, cabinetted kitchen, storage and laundry room. Other amenities include GYM, Swimming pool, 24hrs security, generator, hot water system, kids play area and ample parking space. Very close to city centre with about 6kms, a 10mins drive.
RENT USD 1,600 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com 22
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SEPTEMBER 2016 - Issue No. 53
OWN YOUR DREAM HOME WITHIN YOUR AFFORDABLE BUDGET Starting at Tzs 1,000,000 / 3,300,000 per month Mapinga 40km Mbezi 15 KM Kawe 10 KM
Kibaha 39km
Indian Ocean
Dar es Salaam
Kigamboni 10 KM
Mkuranga 30 KM
MAPINGA PROJECT
Project size: 800 acres with over 1000 serviced plots House Type: Town House/Bungalow No of room 3-5 | Completion period 1-3 years Price Starting: Tzs 150M Projects features & Amenities Serviced roads | 24hrs security | electricity | power back up systems, water supply | sports grounds | hospitals | schools, religious sites | shopping malls | swimming pool MKURANGA/KIBAHA PROJECT
Plot size: 800-2500Sqm House Type: Town House/Bungalow No of room 3-5 Completion period 1-3 years
Apartment Type: Studio and 2 bedroom Common areas: Communal sharing of common areas. Play field and recreation area. Mini group of 16 buyers required to form an association.
Price Starting: 60 - 80 M
Payment Models
1
20% Deposit
Installments throughout construction period
2
Bank financing
CONTACT Tel:+255 22 2961341 | Mob: +255 754 711 120 | +255 789 711 120 Email: info@apexhousingdev.com
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*Terms and conditions applies
Price Starting: Tzs 150M
KIGAMBONI APARTMENTS
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RENT - MASAKI / OYSTERBAY / ADA ESTATE
4 BEDROOM APARTMENT FOR RENT ADA ESTATE-KINONDONI It’s one of 8 fully furnished beautiful and well maintained duplex apartments in a beautifuly compound. Located in Ada Estate about 5kms from the city centre in the proximity to Oysterbay/Masaki, shopping malls, high end restaurants and hospitals. It boasts of 3 bedrooms, spacious sitting and dining room, cabinetted kitchen with a double door refrigerator and a private open top roof. Amenities include: swimming pool, 24hrs security and beautiful greenery drive yard. It is very close to the GYM.
RENT USD 2,500 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com
www.primelocationtz.com
RENT - MASAKI / OYSTERBAY / ADA ESTATE
3 BEDROOM APARTMENT FOR RENT - MASAKI This apartment is located in the heart of Masaki along the main road with easy access to all key areas in Masaki and Oysterbay such as International School of Tanganyika (IST), hotels, recreational, shopping malls, hospitals etc. Amenities include ● Swimming pool ● Standby generator ● 24-hour security ● Ample parking space ● Electric fence
RENT USD 2,000 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com 24
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SEPTEMBER 2016 - Issue No. 53
Legal in Real Estate
THE DARK-SIDE OF THE HOUSING INDUSTRY AND ESTATE AGENTS IN TANZANIA As the result of aftermath of Global economic meltdown in recent years, many economists and financial experts have been encountered with criticism for failure to foretell of a disaster that came to change the way we see things economically.
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ital signs and indicators that could have averted the disaster became less significant at the expense of a few men controlled by greed. With what happening in Tanzania whereby the housing market has every indicator that needs immediate review before our country’s economy is decimated, the up, up and up trend in the land and housing sectors are not going to reach stratosphere before they crumbles. Recently, there is high rise on luxury apartment buildings snaking their way into the city skies, and already built houses and land are increasingly becoming untouchable for the unfortunate majority as their talks are in US Dollars. Meaning, only a handful will be in position to rent, purchase land, and even build homes. There are pure and real examples where you find that, I know a friend who purchased a six-acre land in 1994 for Tsh. 600,000 in Tegeta, a place within the city of Dar es Salaam. The man is selling the same piece of land today for USD $600,000. A shocking price, in a country ranking as one of the poorest and least developed in the world, whose income per capita is less than $300. And for those who are interested on decent houses in the main city like Dar es Salaam, things are much worse whereby charges may range from US$1500 to $16,000 per month, far more expensive than in the real world and developed countries. It keep on becoming very normal trends for tenants to experiences a 10% annual increase on their rent, at the end of the day this results to non-rather of frustrations to tenants as they keep on waiting for their renting contract to end so that they can
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leave the premises and look for the cheapest, since you may find yourself basically working to pay rent and nothing much you can do for your own progress. Citizens are forced to take loans j ust to secure decent housing for their families. A friend of mine who have a little bit of exposure abroad recently told me that, in the country like United States which has one of the most developed housing markets, and highest concentration of millionaires in the world, yet even the modest income earners can afford to rent and own a luxury apartments and homes. He insist that, top earners in the financial industry in Manhattan, are having comparatively better chances, to get better rental deals than expatriates in Tanzania. Truth of the matter is that, these homes and apartments in Tanzania are being built for foreigners and wealthy people with access to foreign currency, not the working class, because very few ordinary Tanzanians can afford $400 rent a month. The housing market growth is defying the natural economic laws of exponential growth. Economic experts will agree with me that demand, income (earning power) must, at all times be proportional to the supply in order to attain an equilibrium point.
What are The Main Source of All these Problems? The source of all these problems is, we don’t have specific laws which deals with rent and rent related issues, not only that but the country does not have the specific organ
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By Godluck Walter which supervise or provides for regulations which stands as the guidelines for land lords and tenants as far as the rent, price of selling properties is so concerned. Previously we did have the Rent Restriction Act of 1984 which used to regulate rents in theory (not in practice), the act among other old laws was repealed by the Land Act of 1999 which is Cap 113, but after the repeal, the new law did not touch or talk anything about the rent or related issues on how that market should be regulated. Now an assumption is that, Tanzanian housing market is free and open. The theory would then predict that market forces would control supply and demand, and thereby distribute housing in a fair and equitable manner. Is that the reality? The big answer is NO, and that is because, only the well-off have access to the decent housing, unfortunately! We must be realistic with the fact that, Tanzania’s housing market is very young and disorganized. It is extremely artificial and vulnerable to withstand serious political shock, social and economic changes. Its artificial nature is not going to survive the usual economic life cycle, or the growth face of the exponential curve, before it collapses bringing down the entire economy to its knees. The housing market is ignoring the obvious economic factors that dictate housing prices, income distribution, market demand and competition, economic conditions, and government of the day’s actions and policies. We both know that the new government under President John Joseph Magufuli has decide to decentralize to Dodoma this obvious will have its impact on housing markets, not only that but also, should the
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Legal in Real Estate shipping hub move to Bagamoyo, Mtwara, or Tanga as they keep on expanding those ports based on the investment in line recently includes the standard gauge railway line from Burundi, Rwanda, Uganda to Tanzania’s Tanga port, should the government of the day keep on with its tone to contain corruption, without a doubt, an economic tsunami is surely going to hit Dar’s housing market, and its ripple effect will be felt across the entire spectrum of national economic sphere. Not to mention that, as the result of the change of political winds there has been potential prune of foreign expatriates who were the darlings of the housing market. For long term strategic security of Tanzania, which I believe our leaders and state planners have foreseen, government (administration), industrial, and maritime decentralization will similarly impact the Dar- es-salaams housing sector in a similar devastating fashion. People should no longer believe that markets are
self-regulating following how a few people in the name of free market toyed with the world economy bringing about economic bubble and desolation. There must be some kind of oversight or regulation to tame the situation from going out of hand in Tanzania, bearing in mind the obvious current signs on the wall. Ministry of land and housing authorities in Tanzania should explain to the public steps taken or plans in place to contain or control these very vital sectors, so important to the country’s security and economic future from collapsing. The government should not let brokers (or madalali in Swahili language) with little knowledge or training on how market works to dictate prices at the expense of their lust. The control of the housing industry should not left into the hands of a few who in turn dictate the pricing on their personal desire. These men (Dalalis) must be made to justify
their crazy prices, control will keep at bay the squatter style housing which are rapidly cropping up in river banks due to land and housing scarcity in the city. Indeed we are not only talking about the future generation, but even the current generation is yet to pay the price for this artificial housing market keeping ordinary legitimate and honest workers from owning the decent houses, and instead building on dangerous river banks. Point to note here for investors is, there is a huge market on real estate and specifically for residential purposes here in Tanzania taking into account the mode of which the housing industry have been regulated, so for serious investor the room is there for them to invest on standard residential properties whereby thousands of citizens still struggling to obtain decent houses for living.
About the author:
He is the Managing Director of Century Attorneys (Law Firm), he is an advocate and private practitioner, legal consultant, writer, expert in land law, real estate and labor laws. Mobile: +255 787 004 905, Email: godluckwalter@hotmail.com ©centuryattorneys, 2016.
OFFICE SPACE FOR RENT PENINSULA HOUSE - OYSTERBAY Rent $26 psm
Location: Oysterbay - Toure Road. Facing Coco Beach Area Sizes
1st Floor ( 603 Sq Meters) | 2nd Floor (400 Sq Meter) | 2nd Floor (215 Sq Meter)
24 security hours
Features and Amenities
Ocean View Fully Air conditioned Parking Facilities also available Backup Generator Uninterrupted Water Supply
See more at: http://galaxyestatetz.com/property/#sthash.JbgCC0QZ.dpuf For more inquiries contact:Galaxy Estate Management Tel : +255 784 844704 / +255 685 648 764 Email:- galaxy@ctvsatcom.net Web:- http://galaxyestatetz.com
SEPTEMBER 2016 - Issue No. 53
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RENT - MASAKI / OYSTERBAY / ADA ESTATE
5 BEDROOM HOUSE FOR RENT IN MASAKI A Beautiful 5 bedrooms house for rent loacted in Masaki fully furnished with a spacious kitchen, living room, and a big area on the rooftop. Amenities include a backup generator and ample packing space (can fit 7 cars).
RENT USD 5,000
Tel: 0716998864 Email: charles@lowmus.co
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RENT - MASAKI / OYSTERBAY / ADA ESTATE
3 BEDROOM APARTMENT FOR RENT-MASAKI
This modernized 3 bedroom 4 bathroom ground floor apartment is located at a prestigious complex in Masaki with amenities like swimming pool, gym, backup generator, parking area and 24 hour security system. It is also fully furnished with top notch appliances including a washing machine, air condition, DSTV cable, 48 inch TV. With less than a km to the beach it provides the perfect atmosphere to go home to.
RENT USD 2,200 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com 28
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RENT - MSASANI / MIKOCHENI/ MBEZI BEACH
3 BEDROOM VILLA FOR RENT - MIKOCHENI
A 3 bedroom spacious fully furnished villa in a compound of six (6) units located along Mwai Kibaki road adjacent to clouds fm offices in mikocheni. It is in a serene location with reliable amenitie such as 24hours security, standby generator, swimming pool, well maintained lawns, gym and very close to supermarkets, sanitas hospital and several international schools.
RENT USD 2,500 Tel: 07547814780/ 0715 814780 Email: jmbijiwe@gmail.com
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RENT - MSASANI / MIKOCHENI/ MBEZI BEACH
2 BEDROOM APARTMENT FOR RENT BARAKA PLAZA - MIKOCHENI
A luxury 2 bedroom apartment located at the ground floor of Baraka Plaza, Mikocheni. The accommodation is fully furnished with high level fixtures and fittings, as well as parking space, a gym, swimming pool and standby generator. It very close to the beach and offers a spectacular view of the sunrise and sunset and conducive environment to excercise.
RENT USD 1,200 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com 30
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SEPTEMBER 2016 - Issue No. 53
When Home Insurance won’t protect you, what do you opt for?
Mr. Brian Robert Claims Manager - TAN African Insurance
S
hortly after Haridat's parents bought the home of their dreams, a lamp overheated while they were out of the house. Not only did they lose their pet, a Timneh grey parrot, in the resulting fire, but the inside of their home was partially destroyed. That was only the beginning of their nightmare. After their insurance company arranged for a contractor to redo the inside of the house, that contractor ended up inadvertently causing a major flood in the basement, which led to a black mold infestation. Haridat's parents, who live in Dar e salaam, were frustrated when the insurance company offered less than the estimated cost to repair the home. The stress took a toll: "My poor parents couldn't sleep. They were completely distraught," Haridat told Prime Location. Eventually, the family decided to hire a public adjustor to help them negotiate a higher settlement. Since homeowners insurance is something many people buy but few are forced to actually use, the average consumer does not take in necessary information like comparing policies in advance or navigating the claims process when the unexpected does happen. We had a word with Mr. Brian Robert, the Claims Manager at TAN African Insurance in this regard. He explained how most standard homeowner’s insurance policies include three essential types of coverage:
•Coverage for the structure
“Your homeowners policy pays to repair or rebuild your home if it is damaged or destroyed by fire, hurricane, hail, lightning or other disasters listed in your policy. It will not pay for damage caused by a flood, earthquake or routine wear and tear. When purchasing coverage for the structure of your home, remember this simple guideline: Purchase enough coverage to rebuild your home.
•Coverage for personal belongings
“Your furniture, clothes, sports equipment and other personal items are covered if they are stolen or destroyed by fire, hurricane or other insured disasters. The coverage is generally 50 to 70 percent of the insurance on the structure of your home. The best way to determine if this is enough coverage is to conduct a home inventory.”
•Liability protection & medical bills
“Liability covers you against lawsuits for bodily injury or property damage that you or family members cause to other people. It also pays for damage caused by your pets. So, if your son, daughter or dog accidentally ruins a neighbor’s expensive rug, you are covered. (However, if they destroy your rug, you’re out of luck.)”
SEPTEMBER 2016 - Issue No. 53
Sudden and accidental water damage example A burst pipe or if a washing machine leakage will be covered by your homeowner's policy if the damage is considered "accidental" however, it will not cover the cost for unresolved maintenance issues or water backup from an outside sewer or drain. Also, most basic insurance owner insurance policies exchange coverage of damage caused by mold, fungi, and bacteria. But that doesn’t mean that a mold claim will be denied automatically, if mold results from sudden and accidental covered peril. Example: Pipe bursting, then the cost of remediation can be covered. He also brought to light that a homeowner’s insurance policy. Renters need a separate insurance policy “The renters policy” to protect their belongings and act as a liability protection in case of injuries.
He further explained what is not covered in the homeowner’s policy.
• Ground movement • Flood like those overflowing rivers or torrential rain • Mold if it is caused by water associated with long term • Defects or natural occurring floods. • Wear and tear • Nuclear hazards • Government actions • Infestations • Dangerous or aggressive pets • Wind damage in hurricanes prone states • War included undeclared war and civil war • Intentional loss “Upon purchase of a home owner’s insurance policy it is best to have an up to date inventory list to expedite a claim settlement for when the unfortunate occurs. It makes it easier for both parties to verify the property and settle the claim” Mr., Brain advised. TAN African insurance brokers LTD provide an option of Tailor -made insurance brokerage services to suit their clients’ needs best. “We make sure we are aware of the needs of our clients and have discussed them with the underwriter’s beforehand leading minimum complications in the future.” Opting for an insurance broker makes the process easier. It can save you time and money. “We underwent a long period of thorough training and we have the knowledge and experience to explain it to the client. Insurance can be incredibly complicated and having to deal with this while you are dealing with the unfortunate circumstances can be overwhelming. We work out the worst case scenario beforehand and provide you with the level of cover you need at the best rates so that you are secured during the storm.”
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TECHNOLOGY IN REAL ESTATE
Real Estate Developments and the Power of Convergence Technology
C
alling for Building Owners to invest with the Future in mind by Developing Green Intelligent Buildings (IBs)
To build a better future we must change the way we build. We must consider the environment and ensure we invest responsibly, protecting the earth while reducing significant long term management costs of the buildings. The trend in Real Estate development at the moment includes building owners and tenants demanding tremendous value and performance from their facilities. Buildings must provide cost-effective, productive, safe and flexible working and living environments. Building developers require operational efficiencies that generate cost savings and bring values into their investment, while tenants want enhanced services that mean autonomy, comfort and higher productivity. In most commercial buildings both residential and offices, each facility operation such as HVAC (heating, ventilating, and air conditioning), fire detection systems, security, lighting and energy coexist independently from one another. In an Intelligent Building, these systems are fully integrated and communicate to each other via a central system. For example, in a traditional building scenario, a smoke detector system will sound an alarm in the presence of smoke. In an Intelligent Building, the fire alarm control system will also communicate with the HVAC system, automatically closing air vents, and will signal the security system to unlock all doors so tenants may exit easily. These capabilities are made possible through linking or integrating Building Automation Systems (BAS) under one infrastructure. A common infrastructure makes this scenario possible, but it also takes it one step further by linking all BAS with the Communications Systems of a building. Leveraging all of these systems onto a common wired infrastructure brings cost benefits from day one, through consolidating the number of contractors needed to wire a building, shortening time schedules and reducing conflicts between system suppliers. And since
Convergence Technologies also supports a higher degree of intelligence by interconnecting systems, operating expenses are reduced over the lifetime of the building through simpler, cost-effective maintenance. Multiple Applications in Converged Infrastructure Rana Technologies Ltd (www.rana. co.tz) working with leading vendors delivers convergence cabling Solution for Intelligent Buildings. This is a unified intelligent building (IB) cabling solution that combines advanced copper and fiber cabling technology to create a structured cabling system that converges critical data, voice, video and low-voltage building systems onto a single unified physical infrastructure, providing significant cost savings and sustainability over the life of the facility.
Below are some of the applications that can be delivered in an integrated converged infrastructure: IP Video Surveillance: IP cameras connected to the corporate IP network enable electronic monitoring anywhere in the world, making IP video surveillance a simple and effective tool. Fire Alarms System & Sensors: Connecting sensors and alarms like thermostats and emergency exit doors to an IP-enabled controller allows both everyday and emergency situations to become enhanced with multi-system response.
Access Control: IP-linked access enables control systems like card readers and biometrics, but it also provides enhanced benefits like lighting and HVAC activation to conserve energy, and central building messaging upon entry. In case of emergency evacuation, door locks and exits open automatically.
HVAC and Energy Saving: IP-enabled HVAC systems tie into servers with specialised monitoring software providing weather forecasting that enables automatic temperature adjustments .
Communications
and
Collaboration:
Voice, video and data system s are always evolving, as business communications adopt a
standards-based, globally-accepted structured connectivity solution. Today, solutions are available for voice, data and video in both wired and wireless enterprise networks.
Elevators: Elevators in high-rise buildings are becoming highly connected, with telephones, cellular phone coverage, flat panel TVs, and surveillance cameras. The interconnection of these various systems enhances the tenant experience, improves safety and communication, while also offering the possibility of video advertising or announcements.
Lighting: The struggle to control energy usage is a never-ending battle for businesses. Installing smart IP-interconnected systems can control energy usage by turning lights off in an office when an employee steps out. Automated systems can also control building lights after hours without the need to call a property management company. 24/7 Monitoring: With all of a building’s systems interconnected using a common infrastructure, even monitoring is enhanced. In conclusion, there are lot benefits of deploying convergence cabling. We will underscore only few fundamental benefits here. Most notably is the reduction of capital expenses through removing disparate platforms via integrated systems. The solution consolidate cabling and reduces unnecessary pathways and material cost. In essence, a single unified cabling solution for IBs reduces subcontractors and lowers labour cost with one infrastructure deployment. The solution also reduces Operational Savings over the life circle of the property; for example efficient low-voltage power delivery and control to BAS devices and lighting saves energy. Moreover, unified connectivity and flexible cabling facilitate less costly moves, additions and changes. In addition, integrated systems improve overall building control, management and security and can lower energy consumption by up to 50%.
TECHNOLOGY IN REAL ESTATE
RENT - MSASANI / MIKOCHENI/ MBEZI BEACH
STANDALONE HOUSE FOR RENT-MIKOCHENI This lovely 4 bedroom house is located at the very sought after Mikocheni area. Although it is very close to most prime areas it is in a very quiet neighborhood and has a homey feel to it that cannot beattained in most properties. With a spacious sitting room, sinning area, kitchen, garden and ample parking space it is the epitome of a proper family home with a peaceful and secure environment to come home to.
RENT USD 1,000 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com
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SALE - MSASANI / MIKOCHENI/ MBEZI BEACH
DOUBLE STOLEY STANDALONE HOUSE FOR SALE-MSASANI Features ●2 master bedrooms ●2 standard spacious rooms ●Laundry room ●Balconies ● Garden A semi-furnished house in 1200sqm compound comprising of 4 bedrooms in very good condition with lots of potential for upgrades. The finishing is done with hardwood making the interior look so wonderful and pleasant. It is located in Msasani beach with 300m walk to the beach. It is in the proximity of Shoppers plaza, TMJ Hospital, Msasani Peninsula Hospital, KFC, Baraka Plaza and the upcoming NHC Morocco square project.
USD 380,000 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com 34
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RENT - MSASANI / MIKOCHENI/ MBEZI BEACH
5 BEDROOM HOUSE FOR RENT - MIKOCHENI
Fabulous, spacious 5 bedrooms family home located in Mikocheni less than a 2 minute drive to Shoppers plaza and TMJ hospital and easy access to all the popular schools in the area. The property comprises; Large dining/ family room, kitchen, 1 master ensuite, 2 self contained bedrooms and 2 standard bedrooms, servants quarter, parking space with up to 5 cars
RENT USD 2,000 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com
www.primelocationtz.com
SALE - MSASANI / MIKOCHENI/ MBEZI BEACH
3 BEDROOM BEACH APARTMENT FOR SALE - MSASANI
Brand new 3 bedroom apartments along the beach with high quality finishing and huge balconies to offer amazing sea view. Amenities include swimming pool, ample parking space, generator, 24 hours security and much more.
USD 265,000 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com SEPTEMBER 2016 - Issue No. 53
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SALE - MSASANI / MIKOCHENI/ MBEZI BEACH
HOUSE FOR SALE- MBEZI BEACH
It is a single storey building developed on the low density plot. Located in a prime area of Mbezi Beach in a secured and very good neighborhood. It is less than 200m from Bagamoyo Highway FEATURES AND AMENITIES ● 3 self contained bedrooms ● Dining and sting rooms ● Public washroom ● Front and side verandah ● Laundry area ● Standby generator ● Water reservoir of 3000lts ● Paved drive way/parking area ● Drainage is connected to the public sewer
Asking Price negotiable Tel: 0754711120/0767711120 Email: sales@primelocationtz.com
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RENT - MSASANI / MIKOCHENI/ MBEZI BEACH
2 BEDROOM APARTMENT FOR RENT – MIKOCHENI
2 bedrooms fully furnished and serviced apartments for rent in Mikocheni. Very well maintained with efficient housekeeping services. Beautiful and attractive. Free Wi-Fi available. It is Centrally located in Mikocheni, close to schools, shopping centres, TMJ Hospital, and transport routes. It offers bother free living.
Available for short term and long term
RENT USD 1,500 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com 36
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SEPTEMBER 2016 - Issue No. 53
The real estate expansion with Pokémon Go!
W
hether or not you know what Pokémon are, you’ve likely heard about the latest millennial craze. You may have even seen people playing, phone in hand, eyes glued to the screen. Overnight it seems nearly everyone was talking about the latest big thing in augmented reality. The release of Pokémon Go, a location-based augmented reality game brought with it an entirely new dimension for the commercial real estate business.
to sustain the bricks-and-mortar segment of retail,” says Julie Whelan, head of occupier research for CBRE. “Someday it is not beyond the realm of possibility to see sophisticated augmented reality used to replace window displays and store signage; perhaps even tailored to passing-by consumers.”
Steve Schaefer, a writer for Forbes, mentioned in his recent article “When the Pokémon Go augmented reality smartphone game exploded onto the scene in July, traders quickly latched onto any investment threads connected to the game, but perhaps the best ways to capitalize on the trends illustrated by the game’s success are in real estate.”
If a PokéStop is near their location they can create a promotion around it Purchase “lures” to make more Pokémon appear around the business for 30 minutes Hosted Pokémon Hunts (for example, an organized bar crawl)
The game is an emerging technology blend of augmented reality (or AR, which superimposes digital information onto a real environment) and more fully immersive virtual reality. Both virtual and augmented reality is expected to grow to an $80 billion market by 2025, according to the July report by commercial real estate services CBRE, in England.
Besides the obvious boon that the app’s technology presents to retail establishments, other commercial real estate sectors are bound to benefit, as quickly as they are able to absorb it. For instance, operators of industrial real estate can use Augmented Reality technology to streamline their supply chain processes.
So how Will Augment Reality Technology Impact Commercial Real Estate?”
Data centers will benefit too, needing stronger server capabilities should AR usage take off. This technology coupled with more advanced mobile devices and the rise of the Internet of Things is powerful and complex. Appropriate data center location, storage and infrastructure must be, and in some cases is, being put in place to support it. Right now in the industrial sector, the emphasis is on the last mile: using strategically positioned warehouse space to provide quick and efficient distribution of products to the consumer. Augmented Reality will aid in further improving the time efficiency that is critical for this industry. It is already being used to deliver details to order pickers through glasses greatly reducing their error rate and therefore time efficiency.
The game is driving foot-traffic to many locations, including historic buildings, businesses, retail locations, and restaurants. What started out as a popular video game in the 1990s, Pokémon soon expanded into a world of trading cards, television shows, and movies. But, as millennial grew into adults, the franchise struggled to maintain relevance.
And what does this all have to do with commercial real estate? “Augmented reality has the ability to merge the consumer’s current experience of online and in-store shopping. Both on their own have limitations, but blending them together gives the consumer a powerful in-store experience that could continue
How can businesses using Pokémon Go to their advantage?
In my opinion this seems particularly well suited for retail locations and multifamily rental communities as they rely on visits to drive purchases.
SALE - UPANGA/CITY CENTRE / OTHER AREA
3 BEDROOM APARTMENT FOR SALE - UPANGA A beautiful 3 bedroom semi furnished apartment for sale on the 4th floor. Situated down town making it a convenient location. Amenities and shopping needs are just a few minutes away from the apartment. It has 2 self-contained bedrooms, a spacious sitting room, dining and kitchen. Other amenties include basement parking space, a back up generator, 24 hour security and an elevator.
PRICE USD 160,000 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com
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RENT - UPANGA/CITY CENTRE / OTHER AREA
MANSIONETTE FOR RENT- KAWE
Very well maintained double storey mansionette for rent in Kawe. Attractive, and close to Lugalo golf club. It boasts of 4 bedrooms, a spacious living room, dining room, kitchen and study room. Amenities include a water pressure pump , water reserve tank of 7,000 liters abd upto 5 cars parking space.
RENT USD 4,000 0767 711 120 or 0714 031 906 Email: sales@primelocationtz.com 38
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RENT - UPANGA/CITY CENTRE / OTHER AREA
3 BEDROOM APARTMENT FOR RENT UPANGA
Spacious fully furnished three bedroom apartment located at the heart of the city, it is easily accessible from the city center. It also comes with a swimming pool, gym , 24 hour security and a parking area.
RENT USD 1500 Call: 0767 711 120 / 0714 031 906 Email: sales@primelocationtz.
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RENT - UPANGA/CITY CENTRE / OTHER AREA
3 BEDROOM APARTMENT FOR RENT -CITY CENTER
Offers a magnificent ocean and golf course view. Amenities include 24/7 hour security, water, backup generator, swimming pool, gym, Jacuzzi and parking space. It is located near to major shopping stores, hospitals, schools, restaurants, embassies and banks.
RENT USD 2,500 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com SEPTEMBER 2016 - Issue No. 53
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RENT - UPANGA/CITY CENTRE / OTHER AREA
DOUBLE STOREY HOUSE FOR RENT - TEGETA Superb unfurnished home with grand proportions, excellent location and top finishes. 3 bedrooms, 2 master ensuites and 1 normal bedroom, and 2 bathrooms. Large private sitting room on the top floor and a public sitting room on the ground floor, dining room, kitchen, library, laundry room, and store room. It boasts with a big yard with ample of parking space.
RENT USD 1000 Tel: 0769388263 Email: rockliffj6@gmail.com
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RENT - UPANGA/CITY CENTRE / OTHER AREA
2 BEDROOM APARTMENT FOR RENT - CITY CENTRE
Gorgeous, fully furnished 2 bedroom apartment for rent in the City Center. It is situated close to high end restaurants, health care centers, fitness center. It boasts a spacious sitting room and dining, kitchen, back up generator, 24 hour security and 1 parking space.
RENT USD 1,600 Tel: 0754711120/0767711120 Email: sales@primelocationtz.com 40
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SEPTEMBER 2016 - Issue No. 53
SKY VIEW APARTMENTS
Masaki Rent USD 2000 Modern and brand new 24 fully furnished apartments in the heart of Masaki
Each unit comprises of the following features:
•Two spacious self contained bedrooms • Dining and living rooms • Modern open kitchen • Balconies
Amenities:
CALL +255 754 711 120 +255 714 031 906
E:sales@primelocationtz.com
• 24 hours security • Standby generator • Ample parking space • Visitors access control reception •Visitors’ waiting lounge • GYM • Dstv and other paid TV channels • WiFi
PLOTS FOR SALE
USES
SIZE-SQM
NO# OF PLOTS
PRICEÂ PER SQM
Com./Residential
Starting 350-2000+
203
8,500.00
Residential
Starting 350-2000+
273
7,000.00
Recreation Ground
58,470
1
8,500.00
Shopping Mall
55,504
1
8,500.00
Secondary School
49,313
1
8,500.00
Car Yard
68,650
2
8,500.00
Hospital
55,989
2
8,500.00
Nursery School
13,497
3
8,500.00
Public Building
48,541
3
10,000.00
Primary School
43,751
1
10,000.00
Container Terminal
45,330
1
10,000.00
Heavy Duty Parking
45,653
1
10,000.00
Religious Site
19,661
2
4,500.00
Dispensary
6,967
1
10,000.00
Housing Estate
156,421
4
8,500.00
Tel: 0754711120/0767711120 Email: sales@primelocationtz.com
VIWANJA VINAUZWA KIBAMBA-KILUVYA
Vimepimwa na vina hati. Umbali mfupi kutoka Barabara ya Mororgoro
Bei kuanzia Bei kuanzia Tzs 8,000,000
Tel: 0754711120/0767711120 Email: sales@primelocationtz.com 42
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Classified Property Ads APARTMENT FOR RENT 3 BEDROOM APARTMENT FOR RENT-MASAKI
A fully furnished house located at Masaki comprising of 3 bedroom (one en suite), two washrooms, an open cabinetted kitchen style, a laundry room, a storage room and balconies. It also has amenities like; a gym, 24hrs security, 2 cars parking spaces, a standby generator. Rent: USD 2500 per month [T] 0767 711 120 [E] sales@primelocationtz.com
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VILLAS FOR RENT
APARTMENT FOR SALE
HOUSE FOR SALE
BANGALOW FOR SALE MBEZI BEACH
BANGALOW FOR SALE MBEZI BEACH
DOUBLE STOREY VILLAS FOR RENTMBEZI BEACH
It is well designed to accommodate modern life style. They boast of 3 bedrooms (One Ensuite) all on the upper floor. On the ground floor, you will find the kitchen, dining and siting rooms , public washrooms, laundry area and outdoor kitchen. It is a walking distance from the beach.
A beautiful three storey standalone house for extended family or excellent family home plus huge office space. All rooms in main residence are of very generous proportions. The first floor comprises of 6 spacious rooms inclusive of 1 reception room, 5 office rooms and a guest toilet.
It is on the second street from the tarmac road.
Rent: USD 1500 per month [T] 0767 711 120 [E] sales@primelocationtz.com
Rent: USD 1500 per month [T] 0767 711 120 [E] sales@primelocationtz.com
Rent: Asking Price negotiable. [T] 0767 711 120 [E] sales@primelocationtz.com
SHOW ROOM AT AFYA HOUSE - MIKOCHENI
SHOW ROOM AT MAYFAIR PLAZA-MIKOCHENI
215 sqm
Area Size
230sqm
Parking space
Ample
Parking space
Ample
Rent/Sqm
USD 18
Rent/Sqm
USD 18 plus service charge
Area Size
Located along Mwai Kibaki Rd in a shopping complex with a lot of premier established businesses including Stanbic Bank, Restaurants, GYM, Furniture store, clothing stores, offices, serviced appartments, hotel, conference hall just to mention a few. Neighborhood include Shoppers Plaza, TMJ Hospital, Dar Villas etc.
Located along Mwai Kibaki Rd It is a new building opposite Clouds Fm office along Coca-Cola rd and the junction with Mwai Kibaki. It is already occupied by Aghakan Hospital on the top floor.
Tel: 0754711120/0767711120 Email: sales@primelocationtz.com
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It is in a prime location area of Mbezi beach. Very magnificent modern double storey house with a side house in 1845 SQM compound. It was formerly used as a hotel.
Prime Location - Home of Properties
Tel: 0754711120/0767711120 Email: sales@primelocationtz.com
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SEPTEMBER 2016 - Issue No. 53
Classified Property Ads
www.primelocationtz.com OFFICE SPACE FOR RENT- MASAKI
PLOT FOR SALE KURASINI
WANTED PROPERTIES
BRAND NEW WAREHOUSES FOR SALE IN TAZARA
STANDALONE HOUSE FOR RENT
1090 square meters of land available for sale. The property can be used for both commercial and residential purposes and offers ample space for all needs and requirements. It has a clean tittle deed and is located in a prime area.
The 324 sqmts office space is located in Masaki near Shoppers Plaza. On the second floor it offers a beautiful view of the ocean creating the perfect and relaxed working atmosphere which helps improve productivity and efficiency. The office space is located near most prime areas such as Sea Cliff thus creating a guarantee on the flow of business.
Call or Sms +255 784 786 455
Rent: USD 20 per SQM [T] 0767 711 120 [E] sales@primelocationtz.com
3 brand new and spacious warehouses for sale located in Tazara near the railway station. These ware houses are in good condition and are ready to move in on demand. They have tittle deeds which are being processed and will be handled over in due time. Sizes available are such as; • 12 x 12 x 3 - 432 sqmts • 12x 18 x 3 -648 sqmts • 12 x 30x 3- 1,080 sqmts They are offered at attractive and affordable prices. Call or Sms +255 784 786 455
A beautiful unfurnished, double storey commercial building available for rent at Ubungo, Dar es Salaam. With 150 M2 on each floor it is suitable for offices, banks, fast food joint e.t.c. it is very close to Blue Pearl hotel, Ubungo bus terminal and DART terminal. E:sales@primelocationtz.com
1 BEDROOM APARTMENT FOR RENT - CITY CENTRE
3 BEDROOM HOUSE FOR SALE
A 3 bedroom house, with a secure and gated compound in the Regent State for Rent. USD 800 - 1000 Phone: 0767 711 120 E: sales@primelocationtz.com Modest and spacious home in Masaki, Oysterbay for Rent. Urgent (Deadline – December 2016) Phone: 0767 711 120 E: sales@primelocationtz.com
ATTENTION
Tel: 0767 711 120
A mint conditioned 800sqm house inclusive of compound area in Masaki, Oysterbay or the Regent State for Rent. USD 800. Phone: 0767 711 120 E:sales@primelocationtz.com
DOUBLE STOREY HOUSE Looking to buy a new 800sqm, 3 or more bedroom Double Storey House inclusive of a compound in areas such as Mbweni, Ununio and Tageta. USD 200,000 Tel: 0767 711 120 E:sales@primelocationtz.com APARTMENT
1 BEDROOM APARTMENTS FOR RENT - MASAKI
400 m2 showroom space needed for rent at Mbezi beach, Mikocheni or Regent Estate.Should be on ground floor or conducive to create a gym. Tel: 0754711120/0767711120 E: sales@primelocationtz.com
This attractive three self-contained bedroom house is located at Mbezi Beach, it offers a calm surrounding of about 1200m2 which can be used for parking or for children to play.
Fully furnished 1 bedroom apartment for rent in the City Center. It is situated close to high end restaurants, health care centers, fitness center.
At the price of $ 580, the house is a combination of both elegance and luxury.
It boasts a spacious sitting room and dining, kitchen, back up generator, 24 hour security and 1 parking space.
Call 0716998864 lowmus property management
Rent: USD 850 per month [T] 0767 711 120 [E] sales@primelocationtz.com
Located in the heart of Masaki along the main road with easy access to all key places in Masaki and Oysterbay such as International School (IST), hotels, recreational, shopping malls, hospitals and many more.
Rent: USD 1400 per month [T] 0767 711 120 [E] sales@primelocationtz.com
2/3 bedroom apartment needed for rent at Mikocheni, should be in good condition and well maintained. Budget $ 1200. Tel: 0754711120/0767711120 E: sales@primelocationtz.com Stand-alone house needed for rent at upanga. Should be well maintained, in good quality and airy. Tel: 0754711120/0767711120 E: sales@primelocationtz.com
PROPERTY SHOP Selling, Letting and Marketing
Vist us: Mikocheni near TMJ hospital or Online www.primelocationtz.com Tel: +255 767 711 120 Email: sales@primelocationtz.com
SEPTEMBER 2016 - Issue No. 53
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PRIME MINI DIRECTORY
Tel: 255 22 212 7471 E: galaxy@ctvsatcom.net
Tel: +255767711120 E: pli@primelocationtz.com
Tel: +255 22 266 7722 E: gm@ultimate.co.tz
Tel: 255 773 805 360 E:comfortzonetz@gmail.com
Tel: +255 755 179 594 E: info@panganigroup.com
Tel: +255 (22) 2600471 E: info@securitygrouptz.com
R&R Insurance Brokers Limited R&R Insurance Brokers Limited N.I.C. Life House, Wing “C”, Apartment 3, 7th Floor, Sokoine Drive/ Ohio Street P.O. Box 76173, Dar es Salaam , T: +255 22 2 133 766, F: +255 22 2 137 676 E: info@rrinsurancebrokers.com , www.rrinsurancebrokers.com
OPTIMA AVIATION AND SECURITY COMPANY Tel: +255 754 829 536 / +255 715 426 767 Email: info@optima.co.tz
Tel: +255 22 270 09 77 or 22 277 2631 Cell: +255 784 555 995/6 Email wwmtz@wwm.co.tz
BOOK YOUR SPOT NOW LIST YOUR BUSINESS HERE Tel no
Tel: +255 767 711120/ E: advertise@primelocationtz.com
PROPERTY SHOP Selling, Letting and Marketing
Vist us: Mikocheni near TMJ hospital or Online www.primelocationtz.com Tel: +255 767 711 120 Email: sales@primelocationtz.com
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Prime Location - Home of Properties
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Office Spaces
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Houses
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Apartments
SEPTEMBER 2016 - Issue No. 53
SEPTEMBER 2016 - Issue No. 53
Prime Location - Home of Properties
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Office Spaces
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Houses
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Apartments
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