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HOME of PROPERTIESTanzaniaISSN 2408-8269 Issue No. 47 OCTOBER 2015 Tsh. 5,000/=

WATUMISHI HOUSING COMPANY104 Apartments Commercial Space

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MAGOMENI APARTMENTSMAGOMENI APARTMENTS

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4Prime Location - Home of PropertiesOctoberr 2015 - Issue No. 47 Office Space AppartmentsHouses LandH Ao

TEAMManaging DirectorEmillian Rwejuna

Magazine ManagerEunice Walter

EditorJesca Kimambo Design & LayoutDaudi Mwaibula

Sales & MarketingSophia GeorgeBlandina AloyceNicole ThadeusEliena Mshana

Real EstateWalter Mbawala

DistributionAbdulkarim Rukwanya

Published & Distributed byPrime Location Investments Limited, P. O. Box 34683,Dar Es Salam, Tanzania

Tel: +255 767 711120 +255 222 772494

[email protected]

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.

EDITOR’S NOTE

Dear all,

Welcome to our 47th issue of your favorite premier property magazine PRIME LOCATION-Home of Properties. As usual it takes time and

efforts of many players to get it done, meet and exceed your expectations. We thank you all who have continued supporting this wonderful and premier property magazine, the ears and eyes of Real Estate industry in Tanzania.

As the industry is continuing growing, we understand that not all of us have the opportunities to access the information and keep updated on what is going on and opportunities ahead. We being a reliable marketing platform will continue keeping you posted with all important updates.

Whether you are a looking to invest in the industry as a beginner or experienced investor, buy property, let your property or educate yourself on the industry trend, this will always be your important source of reliable information as well as a platform to market your properties to the right customers.

In this issue, we have profiled and showcased various available opportunities in styles that not only will make you enjoy reading but also open your eyes and help you to make informed decisions. We have started with the BIG and talk of the nation NHC-Morocco Square launch coverage, individual properties for sale and rent to wanted properties. We believe you will be inspired with our style and find opportunities to grab.

We would also like to extend our sincere thanks and appreciation to all who have contributed the materials starting with the advertisers to articles contributors. Thanks for your continued partnership.

Last, I am wishing you all the best on 25th Oct voting day and looking forward for smooth and peaceful election that will give us a new president. Waiting to extend our warm congratulations and best wishes to the 5th president of our great nation.Wishing you a happy reading

Jesca Kimambo


CONTENTS

For Quick Sale and Rent of Your Properties Always Advertise With Us.

NBC Offers 'Hamia Kwako' mortgage loans

WHC Transforming Magomeni

08

10

14

19

22

24

28

37

38

40

38

37

44

TO LET - ADA ESTATE | MASAKI | OYSTERBAY

Mapinga Satellite City

1922

NHC: Mtwara-Shangani Project Ready for Sale

TO LET - MIKOCHENI | MSASANI | MBEZI BEACH

Jijenge with CRDB Bank

Property management Guide-Agents

TANZANIA REAL ESTATE INDUSTRY UPDATES

TO LET - UPANGA | CITY CENTRE

Office Spaces in Dar

10

Book your space in our next issue now!Tel: +255 767 711120 Email: [email protected]

12


From MD's Desk

Wishing you a happy and peaceful election!Emillian Rwejuna - Managing Director

Dear all,

Greetings from Prime Location, it is my sincere hope that you are continuing to enjoy your premier property magazine.

It is voting time, in case you've forgotten that October is with us. Though the price for properties both rental and selling has somehow gone down, but buyers and tenants are nowhere to be seen.

Businesses are moving at a snail pace, particularly in the Real estate industry. It is a game of wait and see. Let’s hope it will be as usual after election, may be starting mid November. On the other note it has been an amazing quarter, we have witnessed lots of positive trends in the industry including new projects launches both residential and commercial -NHC Morocco Square being the top of all , Estate agents becoming more professional, town planning especially new satellites cities, more banks launching home loans schemes, property developers becoming more aggressive on sales and marketing activities and much more. The lingering question is, why is this happening now and not before? There are many factors contributing to this trend being led mainly by the increasing demand of homes and commercial premises.

The discovery of gas which is expected to transform our economy to gas economy, increasing rural to urban migration for better life, employment and business opportunities, technology advancement and many more have and will continue driving population growth in the urban areas leading to further demand of properties. It is my belief that the industry will continue growing, attracting more investors and creating more impact on other economic factors especially the infrastructure and social services. We at Prime Location will continue playing our noble roles of making sure we keep you posted by showcasing the available opportunities in style that will keep everyone talking and transacting. We have all the reasons to be proud of being the best and reliable property sales and marketing power house through our marketing platforms including this premier property magazine, Prime Advertising magazine, Prime Advertising DIGITAL (Bulk emailsand SMS), www.apartmentsandvillasindar.com website and the Upcoming soon PROPERTY INVESTORS AND HOME BUYERS SHOW.

From the Managing Director

My call to all property developers property, sellers and landlords is to make sure they have the right sales and marketing partners that will assist to deliver their expectations within agreed timelines. On the other hand, I urge all banks offering home loans products to keep on driving products awareness and education to attract more customers to use the product for home buying. Finally, I would like to wish you an enjoyable reading and also urge those wishing all to contribute articles to contact our editor for further guidance.

Emillian Rwejuna Managing Director

We have all the reasons to be proud of being the best and reliable property sales and marketing power house

through our marketing platforms including this premier property magazine, Prime Advertising magazine,

Prime Advertising DIGITAL (Bulk emails and SMS),www.apartmentsandvillasindar.com

website and the Upcoming soon PROPERTY INVESTORS AND HOME BUYERS SHOW.


Mapinga Satellite City


Jijenge with CRDB Bank





10 October 2015 - Issue No. 47Office Space AppartmentsHouses LandH AoPrime Location - Home of Properties

A home to more than 45,000 people, the densely populated area of Magomeni is not one

of the affluent areas in Dar es Salaam.

The area was associated with unplanned infrastructure, uncontrolled sewerage system and to top it all, impassable feeder roads that becomes a nightmare once disasters such as fire and floods struck.

Formal settlements have gone amiss in Magomeni, there are only squatters that dot the area.

Having seen the demands of formal housing and planned settlements in the area, Watumishi Housing Corporation (WHC) is now in the verge of giving the less affluent area of Magomeni a major facelift and a total transformation.

According to the Chief Executive Officer of WHC Dr Fred Msemwa, plans are on the card to deliver 5,000 houses before end of next year in various parts of the country.

He says the 104 Magomeni apartment project rising at Magomeni Usalama famous known as Magomeni Mikumi will be on two blocks of 15 floors.“The project is scheduled to be completed in 18 months,” says Dr Msemwa.

The apartment will be with a modern commercial floor in the first floor and two parking floors in the basement.

The price for the two bedrooms apartment with a size of 60 square meters is Tsh 73 million and three bedrooms with a size of 85 square meters is Tsh105 million.

Something unique about the apartments is the fact that they are modern fitted in with spacious bedrooms (one en-suite), sitting rooms, dining, kitchen and a public bathroom.

The project will be fitted with modern elevators, ample parking space, 24 hours security and other facilities to make it an ideal place for modern life style.

WHC is also undertaking other projects in various parts of the country including Mkundi-Morogoro (50), Gezaulole-Kigamboni (350+) Mabwepande-Bunju, Dar es Salaam (200+) and Kisesa-Mwanza

According to Dr Msemwa, WHC is aimed at supporting the government in providing better and affordable houses to public servants in the country.

“Our houses will be sold and loaned out to government employees at very affordable prices from as low as TSh 23million to Tzs 142 million at an interest rate of up to 12 per cent per annum,” he says.

The maximum period for servicing the loan is 25 years though customers still have options to reduce the number of years if they wish to do so.

Watumishi Housing Company (WHC) is a public entity established in 2013. WHC is a property developer and a

licensed fund manager for management of the WHC Real Estate Investment Trust (WHC-REIT). WHC-REIT was licensed by the Capital Market and Security Authority (CMSA) in 2015 and became the first fully-fledged REIT to be established in Tanzania and East Africa.

As a property developer, WHC-REIT is the main implementer of the Tanzania Public Servant Housing Scheme tasked with building of 50,000 housing units in five phases commencing from FY 2014/2015.

Houses shall be sold under mortgage arrangements to public servants and other eligible members of the public across Tanzania. Investment in Real Estate Investment Trusts (REITs) is a new concept in Tanzania and yet it provides an immense opportunity for the general public to participate and create personal wealth as well as contribute towards overall economic development.

WHC-REIT seeks to work with other national and international fund manager and other stakeholders to develop this market in a manner that is beneficial to all parties.

How Watumishi Housing Transforming Magomeni

Dr Fred Msemwa CEO- WHC

“Our houses will be sold and loaned out to government employees at very affordable prices from as low as TSh 23million to Tzs 142 million at an

interest rate of up to 12 per cent per annum,”

WATUMISHI HOUSING COMPANYMAGOMENI APARTMENTS

4th Floor, Golden Jubilee Towers, Ohio Street, Dar es salaam, Tanzania Phone: +255 222 922 211 Fax: +255 222 922 221

Ultra Modern 104 Apartments project in the heart of Magomeni, a fast rising residential and commercial area. Very conveniently located at Magomeni Mikumi with easy access to the Airport, City Centre, Kariakoo , Ubungo, Kinondoni and

the peninsular. It comprises of Spacious 2 & 3 bedrooms (One en-suite) apartments, Commercial floor (Retail), Underground ample parking space

AmenitiesElevators 24 hours security CCTV security Cameras

Standby Generators Reliable water supply

Price Starts at Tzs 73,000,000


Well, that is just a sneak peak of the new spectacle in town which has recentlybecome the talk of the town. Morocco Square, is another statement of intent from the National Housing Corporation (NHC) in its quest of decongesting the otherwise suffocating central business district, but also changing Dar es Salaam skyline.

Located at the junction of Mwai Kibaki and Ali Hassan Mwinyi road, Morocco Square’s outlook speaks volumes of what the architect had in mind.

Dubbed as biggest three level square tower in East and Central African region, Morocco square is a project of its kind from NHC and will definitely spare Tanzanians’ the hustles of going and returning back from town, as everything will be available under one roof.

Sitting on a 110,000 square meters, Morocco square has a total area of 47,793 square meters as office space, 24,924 square meters for residential apartments, while 28, 827 square meters will be for commercial use and finally another 8,456 square meter of land will be for hotels.

With other important amenities such as Coffee shops, a huge Water Reserve, Facility Manager Office and a Data

Network, Morocco will also cater for the needs and demands of Tanzanians in the diaspora who have a passion of investing in their own country.

The project will also better serve foreigners and investors setting foot in Dar es Salaam for the first time.

Strategically located, the project overlooks the Indian Ocean on its North - West wing and is about five kilometer ride from the city center; Morocco Square consists of three blocks including a shopping Mall, bigger than Mlimani City.

To put this in perspective, Morocco Square consists of 20,000 square Meters while Mlimani City only occupies 18 square metres of land.

NHC’s Dierctor General Nehemia Mchechu was once quoted saying that the shopping mall will include banks, chain of stores, supermarkets and shops, movie theatres, kids’ grounds and food courts, amongothers.

Apart from the multiple businesses space, the Morocco Square will also consist of other two office blocks. One of the offices that will be found at Morocco Square is Dar es Salaam Stock Exchange

which now moves from the city center.The first block will be a 20-storey building whereas the second one will have 17 floors.

This would mean that anyone standing on top of Morocco Square will certainly have a magnificent view of the city.

The residential block at Morocco Square will have 100 apartments inside a 22-storey building each having three to four bedrooms. As for the hotel, it will be housed inside a three-storey building with 81 rooms.

While launching Morocco square recently, Mr Mchechu said his office was in discussion with the government toprovide at Morocco Square to enable easy movement of customers, business people, among others, to visit the Square tower easily.

“We have started discussion with the World Bank and we are actually finalising with the government to provide a bridge from the BRT,” said Mr Mchechu.

To make the project readily available to Tanzanians, NHC has already announced the project sales through various public media.

MOROCCO SQUARE: A NEW SPECTACLE TO BEHOLD IN TOWN Biggest three level square tower | Biggest Shopping mall | Helipad

President Jakaya Kikwete unveils a plaque to officially launch the construction of the ultra-modern Morocco Square. Look-ing on is the Minister for Lands, Housing and Human Settlements Development, Mr William Lukuvi, CRDB Bank Managing Director, Dr Charles Kimei and Director General of the National Housing Corporation (NHC), Mr Nehemiah Mchechu


TO LET - ADA ESTATE | MASAKI | OYSTERBAYView more properties on www.apartmentsandvillasindar.com

4 BEDROOMS DUPLEX APARTMENT FOR RENT-ADA ESTATE

It is in a beautiful 12 apartments compound. It is fully furnished comprising of four bedrooms (3 ensuites), sitting room, balconies, cabinnetted kitchen, storage room and laundry room.

Other amenities include GYM, Swimming pool, 24hrs security, standby generator, hot water system, kids play place and ample parking space. Very close to city centre with about 6kms or 10mins drive.

Tel: 0754711120/0767711120 Email: [email protected]

4 BEDROOMS DUPLEX APARTMENT FOR RENT-ADA ESTATE

It’s one of 8 fully furnished beautiful and well maintained duplex apartments in a greenery 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 itself with 4 bedrooms (3 en suite) spacious sitting and dining room, cabinetted kitchen with double doors refrigerator and private open top roof. Amenities include swimming pool, 24hrs security and beautiful greenery drive yard. It is very close to the GYM.


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Rent USD 2500

Rent USD 2500


View more properties on www.apartmentsandvillasindar.com

SINGLE BEDROOM APARTMENTS - MASAKI

Located in the heart of Masaki along the main road with easy access to all important places in Masaki and Oysterbay including International school (IST), hotels, recreational, shopping malls, hospitals etc.

Amenities include� Swimming pool � Standby generator � 24hrs security � Ample parking space � Electricity fence


STANDALONE DOUBLE STOREY HOUSE FOR RENT IN MASAKI

Newly renovated and beautiful house comprising of two floors with option of being used by two families.

The ground floor comprises of three bedrooms (one en suite), two bathrooms, sitting and living room, inside modern kitchen, outdoor kitchen and laundry room.

The upper floor comprises of three bedrooms (all en suite), public washroom, kitchen, balcony and lounge.

Furthermore there are 2 outdoor houses each comprising of one bedroom, kitchen, living room and washroom.

The house is ideal for office use or both office and home use.


Rent : USD 1600

Rent : USD 7000


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17Prime Location - Home of PropertiesSeptember 2015 - Issue No. 46 Office Space AppartmentsHouses LandH Ao



THREE BEDROOMS APARTMENT- MASAKI

Located in the heart of Masaki along the main road with easy access to all important places in Masaki and Oysterbay including International school (IST), hotels, recreational, shopping malls, hospitals etc.

Amenities include� Swimming pool � Standby generator � 24hrs security � Ample parking space � Electricity fence


Rent : USD 2000


STANDALONE HOUSE TO LET-OYSTERBAY


It is a beautiful 3 bedrooms double storey with wooden floor, spacious living and dining rooms, cabinetted kitchen and pantry. The photos say it all. Ideal for CEO or senior executive family.

Because of its convenient location with easy roads access, it can also be used as office.

Viewing on appointment

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Rent : USD 5000

couple of years back, anyone would have not fancied the idea of buying a house or getting a plot in Bagamoyo.

The reason was simple; the coastal town was nothing but a vast land dotted with some

pre-colonial structures that reminded Tanzanians of the painful memories of slavery and slave trade in the town.

Fast forward, Bagamoyo has changed and continues to do so drastically. Nowadays it is everyone’s wish and dream to stay in Bagamoyo. The clamor and allure of getting a piece of land in Bagamoyo is necessitated with the harsh reality that the Dar es Salaam’s Central Business District (CBD) is by the day getting more and more suffocated. Nowadays, traffic snarl ups have become a common sighting in Dar es Salaam, an experience said to cost the government billions of shillings a day.

Getting to the CBD where most offices and social services are available is no longer an easy feat. It is for this reason that Apex Housing Development Company, a reputable developer in the country is now rolling out a new satellite city, being developed 40km from the city of Dar-es –Salaam and 20km from Bagamoyo Town.

Dubbed as Mapinga Satellite City which will provide a new suburb way of life is a planned community, located on the outskirts of Dar es Salaam approximately 2km from main road from Kerege and a stone throw away from the indian ocean easily accessible via dual carriage way. Anyone staying at the Mapinga city will have no trouble of getting to travel to areas like Arusha, Moshi and Tanga.

The satellite city, developed on a 800 acres site is being implemented under the public - private partnership as a brainchild of Apex Housing Development . In 2011 a JV partnership was signed with state owned Unit Trust of Tanzania-Projects and Infrastructure Development Plc (UTT-PID) and 30% being already delivered to the market.

The Mapinga Satellite City comprises over 1000 surveyed plots ranging from residential , commercial and light industry plots with social amenities such as football pitches, religious sites and shopping malls. Infrastructure is underway in phases for utilities such water, electricity installations and access to gravel roads.

It is being implemented by the state-owned institution in collaboration with APEX Housing Development Limited, a local private company. In the recent past while launching the Mapinga Satellite City in Bagamoyo District, Deputy Minister of Industry, Trade and Marketing, Ms Janet Mbene heaped praise on the prospects of the city.

“I commend UTT-PID for this project given the fact that only 10 per cent of land in Tanzania is surveyed. Most of our people have also remained poor since their land is not surveyed and hence cannot access credit facilities from financial institutions as they lack title deeds. “The government believes that through partnership with the private sector, district councils in the country will be in position to survey land for various purposes,” Ms Mbene noted. The new Satellite town is located 30km from Mwenge along new Bagamoyo road with hundreds of serviced plots for residential, commercial and trade purpose ready for sale. The development is being installed with electricity, water and roads facilities in phases.

Here comes a lifeline to a suffocating cityMAPINGA SATELLITE CITY -BAGAMOYO

A



THREE BEDROOMS STANDALONE HOUSE – MIKOCHENI B

This beautiful double storey standalone house is located in Mikocheni B in a secured area with good neighborhood, about 1km from the main road. It consists of 3 bedrooms (one master bedroom) on the upper floor.

Ground floor comprises of spacious living and sitting rooms, cabinetted kitchen, storage room and built in garage (which can be converted into another room), and study room. Other amenities include outside washroom, shaded car parking, water reserve tanks, sliding gate, paved compound and matured trees.

Rent USD 1600 per month



TOP FLOOR 3 BEDROOMS APARMENT FOR RENT-MIKOCHENI

This TOP FLOOR apartment has sea view, fully furnished, beautiful and well maintained is in a prime location of Mikocheni in a superb standard in the proximity to big shopping malls, English academy schools, recreation areas, high end restaurants and hotels.

Its neighborhood includes retired president and prime minister plus other high end government and private sector senior officials. Offering three bedrooms (all ensuite), visitors bathroom, study room, open plan kitchen, large lounge, dining room and a sparkling swimming pool. It also boasts 24 hour security, gym, garden, ample parking space with a 2 minute walk to the beach.


Rent - USD 2500


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Bringing together

To sponsor or participate, please contact us +255 789 711 120 or [email protected]

COMING SOON!!!I Property Investors I Property Sellers I Property buyers I Property investment and Buying financing institutions

I Other stakeholders”

PROPERTY INVESTORS & HOME BUYERS SHOW

for serious buyers and sellers


“The National Housing Corporation Mtwara-Shangani project comprising of 30 residential houses is ready for sale”. That was said by the Acting Sales and Marketing Director Mr. Tuntufye Mwambusi during the project sales launch.

The project expected to cost Tzs 4.8 billion, commenced in November 2013 and is expected to be completed in October this year exactly 24 months of construction. It is strategically located in the famous and peaceful area of Shangani, about one kilometer from Mtwara town with a walking distance to the Indian ocean.

This project boasts itself with three buildings of five storey each, with a total of 30 residential houses, modern social facilities to offer the dwellers modern lifestyle and is well secured in a big compound with the fence to make it the ideal place for happy community life style.

All houses are well designed with three bedrooms each, one being en-suite, spacious sting room connected to the dining room, big modern cabinetted kitchen and public washroom. Other amenities include club house, special waste dumping area and large parking space.

Houses are of two different sizes 117.2 square meters and 182.6 square meters at the price of Tshs 190,127,000 before VAT and Tzs 224,349,860 inclusive of VAT.

Mr Tuntufye urged all Tanzanians residing in and outside the country to show up to buy the houses in this fast

NHC: MTWARA-SHANGANI PROJECT READY FOR SALE

� 1km from Mtwara Town � Walking distance to the Indian Ocean � Tshs 190M

economy growing region of Mtwara. He said out of the 30 houses 10 are already booked by Bank of Tanzania (BOT).

Buying NHC hoses is easy and for the Shangani Project you can use the bank account number 1001962018 of ABC Bank or contact sales department phone number 0 754 444 333, email: [email protected] also for more information visit NHC website www.nhctz.com

Mr. Tuntufye MwambusiActing Sales and Marketing Director



FOUR BEDROOMS STANDALONE HOUSE - MIKOCHENI

It is a single storey unfurnished beautiful house ideal for standard family size. Comprises of 4 bedrooms (one en suite with bath tub), 2 bathrooms, cabinetted kitchen with quality woods, spacious living room and lounge upstairs. It is fitted with air conditions throughout. Other amenities include ample parking space, huge space both front and backyards, water reserve tanks, servant quarter and paved compound. Located in a prime area of Mikocheni A in a secured and high-end neighborhood. It is exactly along the tarmac road.


UNFURNISHED DOUBLE STOREY DETACHED HOUSE-MIKOCHENI

This well designed double storey house is well placed on a huge self-compound detached with ample parking space and greenery, making it the ideal home for corporate executive. It boasts itself with three bedrooms on the upper floor (one master bedroom) with huge two balconies. On the ground floor it comprises of spacious living room, cabinetted kitchen, storage room and public washroom.Other amenities include ample parking space, paved compound and water reserve tanks. Has a two bedrooms self-contained servant quarter. Located in a convenient, secured and high-end neighborhood area with access to the main road.

Rent USD 1600 per month



Rent: USD 1800

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Executive Apartment for Rent In Upanga4 Bedrooms with Swimming Pool & GYM on the Roof Top

FEATURES REMARKS

Furniture Fully furnished

Master Bedroom 1

Standard Bedrooms 1

Self contained Bedroom

2

Bathrooms 5

Maid's Room 1

Living room Spacious

Laundry room 1

Kitchen Cabin netted

Car parking space 1

Rent: USD 2,800

AMENITIES STATUS

Backup Generator Yes

Security 24hrs

Reliable water supply Yes

Paved compound Yes

Floor 8th Roof Top Swimming pool

Yes

Roof Top Gym Yes

Sea view Yes

Size 250sqm

Tel: 0767 711 120/ 022 2772494 Email: [email protected]

www.apartmentsandvillasindar.com


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FOUR BEDROOMS STANDALONE HOUSE-MIKOCHENI NEAR KWA WARIOBA

It is a single storey 4 bedrooms (2 self-contained) house in a prime and secured area of Mikocheni near Kwa Warioba, with easy and convenient road access.

Boasts itself with spacious living and dining rooms and cabinetted kitchen. Other amenities include shaded car park, paved compound, electric fence, air conditions and outdoor public washroom. It is available furnished or unfurnished at USD 1500 per month.



It’s in a BIG compound (1.5 acres) with huge parking space of up to 50 cars. It comprises of two floors plus open top roofgiving wonderful sea breeze.

It has spacious 5 bedrooms, 2 of which are ensuite and big balconies with outside staircases. Others features are big kitchen with built in cabinets, spacious dining and sitting rooms. Located in a prime and convenient area with easy access to the tarmac road and all business centers.

Furthermore, there two godowns with a total size of 350sqm. The godowns can be used for storage or mini factories.


STANDALONE HOUSE NEAR AMERICAN EMBASSY- Ideal for office use

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Contact: 0754 711 120/0767 711 120 E: [email protected]

Amenities include:

- Swimming pool - GYM- Standby Generator- Water reservoir tank - 24 hours security- Beautiful and greenery garden and trees.

View it more on: www.apartmentsandvillasindar.com

These beautiful, spacious and well maintained apartments are located along the Mwai Kibaki road with a walking distance to the beach.

They are in a beautiful and greenery compound of 26 apartments being mainly occupied by high end community with modern life style. Are in the proximity to all major shopping malls, International schools, International hospitals just to mention a few. The neighborhood comprised of retired president, Prime minister, several government officials as well as business owners and private sector top management.

HIGH END LIFE STYLE COMMUNITY | ONLY 26 APARMENTS IN THE COMPOUND | MODERN FACILITIES.

| ALREADY WITH TENANTS | YOU BUY AND START ENJOYING INCOME ON THE FIRST DAY | FULLY FURNISHED | SELF CONTAINED BEDROOMS | SPACIOUS AND MODERN | AMPLE PARKING SPACE

TWO AND THREE BEDROOM APARTMENTS FOR SALE-MIKOCHENI

Two Bedrooms: USD 180,000 Three Bedrooms: USD 230,000


Jijenge is a long term loan issued to customers and potential customers of CRDB Bank for the purpose of constructing, purchasing and/or renovation of residential houses.

Jijenge ProductsJijenge is tailored to suit customer needs through the following products;

◉ Home Purchase - for customers who want to purchase their dream houses.◉ Construction - for customers who want to construct their dream houses.◉ Refinancing (Equity Release) - for customers who require loans against existing houses to finance home extensions and improvements.◉ Transfer (Take over loans) – for customers who want CRDB Bank to take over a mortgage loan from other lenders.

Jijenge bears the following features◉ Available to employed, self employed Tanzanians and Tanzanite customers.◉ The loans are offered in Tanzanian Shillings (TZS) only.◉ Maximum loan amount of up to TZS 500 million.◉ Repayment period of up to 25 years.◉ Available to individuals with ages between 21 and 60 years old.◉ A loan of up to 90% of the purchase or construction costs of the house.◉ Affordable interest rates.◉ Mortgage Protection Cover (in the unfortunate event of death or permanent disability).

Repayment mode

Repayment of the loan can be done through the following modes;

◉ Equal monthly installments – equal amount of money every month for the period of the loan.

◉ Balloon payment – single installment after receipt of pre-determined lump sum e.g. terminal benefits.

Documents Required

i. General documents required◉ Copy of approved ID or a valid Tanzanian Passport.◉ wo passport size photos.◉ Dully completed Jijenge application form.

ii. Specific documents required

For the Employed customers

◉ Letter of introduction from employer◉ Certified pay –slips for the last 6 months◉ Bank statement where salary is paid for the last 6 months

For the Self-Employed customers

◉ Business history, profile and background◉ Audited books of accounts for last 3 years◉ Projected cash flows, balance sheet/ profit and loss account for the next 3 years◉ Bank statement (any bank) for the last 12 months◉ Full details of all borrowings and facilities advanced from other institutions.

For Tanzanite Customers

◉ Copy of residence/ work permit◉ Employment contract or letter from Ministry of Foreign Affairs (for Foreign Affairs employees)

It is very easy to apply for Jijenge

◉ Visit any CRDB Bank branch country wide and enquire about Jijenge.◉ Download Jijenge application form from the Bank’s website (www.crdbbank.com), print, fill the form and return to any CRDB Bank’s branch.

JijengeA way to own your dream house



A BEAUTIFUL 4 BEDROOMS DOUBLE STOREY HOUSE TO LET –BAHARI BEACH UNUNIO

Ground Floor

� Spacious living room � Separate dining area � Modern fitted kitchen with store room � Family/TV room � Laundry room � Visitor’s washroom � En suite guest bedroom

First floor:

� En suite master bedroom with balcony � Two en-suite bedrooms

Other:

� Private landscaped garden � Ample storage areas � Staff quarters � Paved walk way


THREE BEDROOMS APARTMENT FOR RENT-VICTORIA

Beautiful, fully furnished, well maintained, very spacious bedrooms (two en-suites), conveniently located and above all very close to the main road. Very close to Shoppers Plaza, Regent Estate, Mlimani City, Mikocheni and Oysterbay/Masaki.

Amenities include 24hrs security, reliable water supply, generator and ample parking space.

Rent USD 1500


One minute walk from Bagamoyo Rd and about 10kms from city centre

TO LET - MIKOCHENI | MSASANI | BAHARI BEACH

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Ground Floor

� Spacious living room � Separate dining area � Modern fitted kitchen with store room � Family/TV room � Laundry room � Visitor’s washroom � En suite guest bedroom

First floor:

� En suite master bedroom with balcony � Two en-suite bedrooms

Other:

� Private landscaped garden � Ample storage areas � Staff quarters � Paved walk way


HOUSES/VILLAS FOR SALE-MBEZI BEACH

Brand new and ready to move in three storey houses/villas in Mbezi beach each comprising of three self containedbedrooms (Master bedroom with Jacuzzi) visitors room, an open plan eat-in kitchen, spacious living area, dining room and open top roof.

They also boast themselves with beautiful swimming pool, ever green garden, water reserve tanks, servants quarters and ample parking space. Perfect location, close to the beach, shopping malls, beach hotels, recreation centers, English academy schools, places of worship just to mention a few. These properties have much to offer and awaits your offer.

Tel: 0754711120/0767711120 Email: [email protected] us for more details including price

DOUBLE STOREY HOUSE FOR RENT-MBEZI BEACH (Near Tangi Bovu)

It is a modern with quality finishing standalone (double storey) house in a BIG compound equipped with all modern facilities to make it a desired home. It boasts itself with six bedrooms ( Four en-suites including master bedrooms), spacious living and dining rooms, spacious cabinetted kitchen , three big refrigerators, two spacious floors, office space and two car parking inbuilt garage. Other amenities include swimming pool, generator, borehole and smitank. It is also an ideal for office use.

Rent: USD 1600Tel: 0754711120/0767711120 Email: [email protected]

TO LET- MIKOCHENI | MSASANI | MBEZI BEACH

PLI|47|015

PLI|47|016

PLOTS FOR SALE - KIGAMBONI GEZAULOLE

PETROL STATION

Area = 3803SqmPlot 532

Residential Residential

Area = 802 SqmPlot 38


PRICE TZS 120M!

PRICE TZS 25M!

Residential

Super Market


PRICE TZS 35M!

Residential


Area = 2622 Sqm | Plot 262

PRICE TZS 35M!

PRICE TZS 70M!

PRICE TZS 30M!

Mob: 0715 306340 / 0786 306340 Email: [email protected]

Contact us:


34 October 2015 - Issue No. 47Office Space AppartmentsHouses Land H AoPrime Location - Home of Properties


STANDALONE HOUSE FOR SALE-MSASANI PENINSULA

It is semi-furnished in 1200sqm compound comprising of 4 bedrooms.

In a 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 the proximity to Shoppers plaza, TMJ Hospital, Msasani Peninsula Hospital, KFC, Baraka Plaza and the upcoming NHC Morocco square project.

Features� 2 master bedrooms� 2 standard spacious rooms� Laundry room� Balconies� Garden

Asking price USD 380,000


FOR SALE - MIKOCHENI | MSASANI | MBEZI BEACH

4 BEDROOMS STANDALONE HOUSE FOR SALE-MBEZI BEACH

Comprises of 4 bedrooms (one master bedroom), spacious and cabinetted kitchen, dining room, living room and inbuilt car parking garage.

It is located in the heart of Mbezi beach near Shoppers Plaza with convenient access to Mbezi beach road or Bagamoyo road. Its compound size is 1200sqm.

Tel: 0754711120/0767711120 Email: [email protected] us for more details including price

PLI|47|017

PLI|47|018




Brand new apartments consisting of 3 & 4 bedrooms located in the heart of the city offering city centre and ocean views with modern facilities

The amenities include � Bathrooms: 2 (3-bedrooms) & 3 (4 bedrooms) � Kitchen � Living Room � Fully Furnished � Ample Parking � Brand New Unit � Standby Generator � High speed Internet � 24 Hour Maintenance Team � 24 Hour Professional Security �⁰1 min walk to the Ferry to Zanzibar �⁰15 min drive to the airport �⁰Supermarkets Nearby.


THREE BEDROOMS APARTMENTS FOR RENT IN THE CITY CENTRE

BRAND NEW 4 & 3 BEDROOMS APARTMENTS FOR RENT IN THE CITY CENTRE

All are on the top floors giving magnificent sea city views including Kigamboni.

Are fully furnished with modern facilities. Other amenities include speed internet, standby generator, 2 elevators, security access cards, CCTV cameras just to mention a few.

Are 3 mins walk to the Ferry to Zanzibar and also offer convenient access to the airport.

Tel: 0754711120/0767711120 Email: [email protected] us for more details including rent

Rent 3 bedrooms - $2500 & 4-bedrooms - $3000. All negotiable depending on the clients budget.

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PLI|47|020

Whether you are planning to let a room, studio flat, house or even an estate, a management agent can be a valuable resource in taking care of the whole process for you.

A managing agent can provide a range of services, from collecting rent and managing the day-to-day running of the property to addressing the legal aspects of the let on your behalf. So what can a management agent offer you and what should you look for when choosing the right agent?

When to use a management agentWhether you choose to be an active landlord and manage the let yourself, or employ a property management company to undertake this on your behalf, the decision will largely depend on your own circumstances and experience, as well as the size and number of properties you are letting. If you have a large area of land with a number of properties to let, you may not be able to deal with the logistics of keeping them all maintained and occupied on your own.

Similarly, you may not want to deal with the financial or legal aspects of the let directly with your tenants and prefer to have it all dealt with by the professionals.

Whatever your circumstances, a property manager can provide you with a wide range of services designed to make the process easy and relatively painless for you as a 'sleeping landlord'.

What services does a management agent offer?

A good management agent will provide the full range of management services for your properties. Sometimes the property owner will only hand over certain tasks to a management agency and choose to handle some aspects themselves, but if you choose, you can pass full responsibility to the agent. So what services does a typical management agent offer?

The management agent will act as the bridge between the owner of the property and the tenants who are renting it and are often responsible for:

� Advertising your property to potential tenants� Sourcing suitable and reliable tenants for the property� Accompanying potential tenants to view the property� Obtaining references and conducting credit checks on potential tenants� Providing you with information on the latest safety regulations� Preparing the tenancy agreement� Organising and managing the collection of the tenant's deposit� Preparing the inventory and conducting a state of repair assessment on the property� Checking in the tenant and agreeing the inventory� Collecting the rent from the tenant� Transferring the rental income to your account and providing you with statements of account

� Managing and arranging any necessary repairs� Inspecting the property periodically and feeding back any comments to you� Providing tenants with notice at the end of the tenancy� Re-letting the property as quickly as possible and minimising any 'down-time'� Dealing with legal aspects of the tenancy and property, including evictions, non-payment, harassment or problems with squatters

How to select a management agent?A good recommendation can go a long way. Check with friends or acquain-tances that also employ a property management service to understand what their experience has been with their agent.

How much does a management agent cost?The cost of instructing a management agent will depend on which services you buy into. The majority of manage-ment agents will ask for a percentage of the gross rental income, rather like a commission. Don't always be tempt-ed by the cheapest fee, however. You want your agent to be motivated to keep the property occupied and the tenants happy at all times, so negoti-ate a mutually rewarding deal where you can. Fees can range from any-where between 5 and 10 per cent of your gross rental income for a basic service, to 15 per cent or more for a full management service.


Source: http://www.primelocation.com



Amicroscopic glance at the industry some will be yearning to know what is happening at the moment.

The industry is growing in leaps and bounds, yet you are not part of it.

So, it always my pleasure to share my views and keep you updated on the key developments of the industry. This time round I would like to touch base on the industry trend and give my views on where it is heading and what should be done to catch up with the trend.

Reflecting back ten years ago, we will all agree that most of cities are not looking the same and for those who have been away for quite a while, they become virtual strangers at their own backyard. New high rise buildings, new roads, new and beautiful homes have become the trend of the day, and yet more changes are expected to continue happening.

Let’s have a look at some of the key players and what is ahead of them.

Starting with developers, the demand for properties is very high compared to the supply. There is a huge demand for houses not only in Dar es Salaam but all over the country. Though, purchasing power remains a huge challenge to balance the equation.

But with technology advancement and the principle of demand and supply, we believe it is just a matter of time before construction costs come down, hence the selling price and enable majority to buy and own houses. We have already

started witnessing positives on some low cost technology pilot projects taking place in some areas.

Next are financial institutions (banks). Much as we have witnessed more than 16 banks launching and partnering with various developers to offer home buying loans, the nightmare still remains on the negative perceptions attached on the product.

Despite the fact that interest rates seem to be a major stumbling block, the real issue is changing the mindset associated with mortgage. Our culture still does not favour the concept of home mortgages.

It is therefore prudent for financial institutions to invest in educating the society on the advantages of buying homes through bank loan, how to qualify for the loan, how to include other sources of income to qualify for BIG amount of loan, repayment plan, loan management plan, loan insurance, loan repayment in case of death and many more.

On top of education, interest rates must be reviewed to match with the industry ROI. At the moment there is no balance of equation to buy a home as an investment. The rent generated is smaller than the loan monthly installments.

Do landlords really make profit?This is another yet crucial segment of the industry that need to be reminded on the industry trend especially on sales and marketing, selecting estate agents,

rents setting and services offered.

With the ever increasing supply of rental properties, tenants are becoming more choosy, demanding and price sensitive. It is high time landlords do research on market trend and offer competitive packages that will attract and lure tenants for long.

However to get the right information for the right rent setting and offer competitive packages, landlords will need to engage professional estate agents with capabilities to plan and deliver above their expectations.

A right Estate agent should be able to offer sales and marketing plan, advise on the right rent and packages (based on genuine data), commitment to rent the property within agreed time and ready to keep the landlords updated on

the sales and marketing activities.You can learn more on the previous issue on the right questions to ask Real estate agent.

Last is the Estate agents, do you real make money? I doubt. As the industry grows bigger, Estate agents need to become more professional and offer competitive services. They must have proper offices, enough stock of properties, capable to plan and drive sales and marketing activities and above all sign contracts with the property owners to make sure all parties understand and commit to deliver their commitments (avoid conflicts of interest).


By Emillian Rwejuna

Dege Eco Village masterplan

PRIME LOCATED LAND FOR SALE OR JOINT VENTURE-KIGAMBONI

Contact us for more detailsTel:_0655160241/ 0755160241/0784737373 Email: [email protected]

It is strategically located at Kigamboni Magogoni Area , about 500 meters from the main road, 1 km from the beach and4 kms from Ferry and 6Kms from new bridge. It boasts itself with great neighborhood.

Other nearby landmarks includes Malaika Nursery School, Chadibwa Beach Resort. Part of the land is surveyed with 99 years title offer of occupancy.It is ideal for Big Real Estate projects developments both commercial and residential. Available for outright sale or Joint venture

20 ACRES


15 ACRE PLOT | CLEAR TITLE | AVAILABLE IMMEDIATELY

Call us now...

0689 077 049Ideal for Education institute or Housing Estate

167/1

167/2

26,871 6.64

8.58

15.22

34,735

Total 61,606

BIG LAND FOR SALE - MBWENI

(Short disctance from Bagamoyo Rd and Near Indian Ocean) Strategically located in a very well planned and fast growing residential and commercial area. Easily and Conveniently accessible throughout the year. It is surveyed with title deed.

Plot No Area Sqm Area Acres Area Hectares

2.6871

3.4735

6.1606




3 BEDROOMS APARTMENT FOR RENT-UPANGA

It is beautiful, fully furnished and well maintained on the upper floors. It comprises of 3 bedrooms one en suite, spacious cabinetted kitchen, dining room, living room and storage room.

Other amenities include elevator, parking space, swimming pool, GYM, 24hrs security system and standby generator.

Rent: $ 1600


Two Bedrooms apartments for rent-Upanga

Furnished and conveniently located near Palm Beach Hotel on the third floor giving wonderful sea view. It comprises of three bedrooms, two bathrooms, open cabinetted kitchen and spacious living room.

Other amenities include generator, ample parking space, reliable water supply and 24 hours security.


Rent USD 1500


PLI|47|021

PLI|47|022

Three bedrooms luxury apartments with private roof terrace overlooking beautiful matured trees.

3 bedroom apartments in a simply stunning four apartments block situated in Tegeta Bahari Beach area available to let through Knight Frank. Set on the ground and first floors of a purpose built Villa Maria which is finished to the highest specification throughout and the finest quality fabrics and furniture to give it a unique atmosphere like no other in Dar es Salaam.

Each apartment comprises a master bedroom with en suite bathroom, dressing area, 2 further bedrooms, a further bathroom, guest cloakroom, large sitting room with open plan dining area, fully fitted kitchen with veranda, study room and utility area. Further benefits include air conditions and a wonderful outside swimming pool. Villa Maria is well managed with an onsite caretaker’s office. It also boasts ample paved parking space at least 2 for each apartment, standby generator, water storage facilities, and an electric fence. The communal areas of the building are finished to a very highstandard giving a grand feel to the property.

It is located close to Feza schools and other services like hotels, the beach, banking facilities and market.Knight Frank TanzaniaInternational House, 3rd Floor, Garden AvenueTel No. +255 22 2113300

Mob:+255 784 763 376, 713339354 & 713448424Email: [email protected], [email protected] or [email protected].

KitchenLounge Lounge cum Dining

Management Office Master bedroom

MAGNIFICENT APARMENTS TO LET-VILLA MARIA RESIDENCE TEGETA

MONTHLY RENT – UPON REQUEST

Swimming pool


TO LET- KinondoniView more properties on www.apartmentsandvillasindar.com

THREE BEDROOMS APARTMENT IN KINONDONI NEAR TX MARKET

Located in Kinondoni near TX markets with good neighborhood. It's on the 2nd floor in a 3 floors building. One apartment per floor. Amenities include 2 parking spaces, own gate, day security, and generator. Not furnished. Rent $1000pm.


PLI|47|023

WANTED PROPERTIESFully furnished with standby

generator and security

Budget $ 800 PmTel: 0754711120/0767711120

E: [email protected]

Modern apartment with good amenities such as secure

parking, gym, swimming pool and garden.

Should have a sea view, preferably close to the top

floorBudget $ 250,000-270,000

Tel: 0754711120/0767711120 E: [email protected]

Fully furnished with standby generator, air condition

Budget $ 800-1000 PmTel: 0754711120/0767711120


Fully furnished with standby generator and 24 hour

security

Budget $ 800PmTel: 0754711120/0767711120


Fully furnished, in a secured area, ample parking space, and a standby generator

Budget $ 1000 PmTel: 0754711120/0767711120


Modern house with amenities such as standyby generator, ample parking space, water

reservior tank, master bedroom, spacious kitchen. Should be close to the main

tarmac road,

Tel: 0754711120/0767711120 E: [email protected]

Single Bedroom Apartment to letRegent Estate Mikocheni

2 or 3 Bedroom Apartment to buyMasaki | Oysterbay

2 -3 Bedrooms Apartment to letCity Centre | Upanga | Mikocheni

Single Bedroom Apartment to letUpanga

2 Bedrooms Apartment to letCity Centre 3 Bedrooms Standalone House

to buy Mbezi Beach | Mikocheni

4 Bedrooms Standalone House to let Mikocheni & Regent Estate

Budget Tzs 3,000,000Tel: 0767711120


WANTED PROPERTIES


Brand new and modern office complex in the heart of Masaki. Comprises of 5 floors inclusive of ground. Size per floor is 340sqm. Other amenities include elevator, ample parking space, standby generator, 24hrs access and 24hrs security. Located along Haile Selasie road.

Contact: 0767 711 120 / 0754 711120 Email: [email protected] Rent USD 25psqm

It is a thirteen storey new and modern building strategically located along New Bagamoyo Road seven km from CBD area. It is ideal for tenants looking for good space environment.

The available office space is on the 10th floor with an area size of 830sqm. It can be leased as a whole floor or divided into four of the following sizes. A: 129sqm B: 159sqm C: 201sqm D:270sqm

FACILITIES & SERVICES: Spacious modern open plan office, standby generator, car parking, central cooling system, facilities for disabled etc

Contact: 0767 711 120 / 0754 711120Email: [email protected]


PRESTIGIOUS MODERN OFFICE -1700SQM

TAN HOUSE VICTORIA


Number of floors:5Size per floor-164sqm

Total size-820sqmDistance from city centre-10km

Located at Kijitonyama near Science and Technology about 300m from the main road in the proximity to Mlimani City, Millenium Tower, LAPF Tower just to mention a few. Amenities include security, ample parking

space, generator and reliable water supply.

Contact: 0767 711 120 / 0754 711120 Email: [email protected]

Rent-USD 12 per sqm


STRATEGIC AND PRIME LOCATED OFFICE BUILDING-KIJITONYAMA

PRIME MINI DIRECTORY

Tel: +255 (0) 755 181 222E:[email protected]

Tel: 255 785 510 710 E: [email protected]

Tel: +255 22 266 7722E: [email protected]

+255 714 168971 / 0768903390

[email protected]

Tel: +255 222 113 300E:[email protected]

CALL: O716 998864

Tel: +255 755 179 594E: [email protected]

REAL ESTATE AGENCIES

INTERIOR DESIGNER & DECOR INSURANCE BROKERS

SECURITY COMPANIES PROPERTY MANAGEMENT CO.

Tel: +255767711120E: [email protected]

Tel: +255767711120E: [email protected]

Tel: 255 786 729 880 /255 687 578 866 E: [email protected]

Ezzy Interior & Decor

Tel: +255 (22) 2600471 E: [email protected]

Tel: 255 22 212 7471E: [email protected]

Tel: +255 715/754/789 363800 Email: [email protected]

Tel: 255 786 729 880/255 687 578 866


If you are looking into buying, selling, letting or renting an

apartment or Villa in Dar Visit www.apartmentsandvillasindar.com

Are you looking for anApartment/ House to lease or buy?Do you have an apartment / House to sell or lease?Don't waste your valuable time we will provide professinal assistance

NikuzeRealEstate