Apartment in Zanzibar, Tanzania, 40 m²

Paje Square | Paje, Zanzibar is a mixed-use project with a yield of up to 14%, 100% foreign ownership, obtaining a residence permit for the buyer, spouse and up to 4 children.

Apartments 1 + 1 by the ocean from 103.000 USD.

Paje Square in Paje Town is a large-scale mixed-use complex on the east coast of Zanzibar: 7 buildings, 203 fully furnished apartments, retail, restaurants, public spaces. It is operated by Valor Hospitality.

Paje Square is not just a residential project, but a full-fledged urban cluster in the heart of Paje Town. The concept of mixed-use combines housing, hospitality, retail and public areas: residents receive resort-level urban infrastructure, and investors receive diversified income and professional management.

The project is designed with sustainable development in mind: a 300 kW solar power plant reduces operating costs and carbon footprint, and fiber optic Internet makes the complex convenient for remote operation and long-term rental.

Complex infrastructure

• 2 pools for residents with lounge zones
• Boutique retail and commercial space for local brands
• Restaurants and cafes in the complex
• Gardens and landscaped areas, walking paths
• Playground
• Round-the-clock security, access control, video surveillance
• Solar power plant 300 kW - lower operating costs
• Fiber-optic Internet - stable communication for remote work

Planning and pricing

When buying real estate, it is possible to obtain a residence permit for the buyer, spouse and up to 4 children.

• Studio - from $88,000, area from 35 m2
• 1 Bedroom - from $103,000, area from 40 m2
• 2 Bedroom - from $132,000, area from 45 m2

Additional benefits 100% foreign ownership, fully furnished apartments, no additional VAT costs, as 15% VAT is already included in the price, and the possibility of free repatriation of profits after taxes.

Conditions of purchase

Phase 1 - Q4 2027
Phase 2 - Q4 2028

Payment is tied to the construction phases

Payment schedule:

• $500 - reservation
• 30% for signing a PSA, including 5% facilitation fee
• 20% - Start of construction
• 20% – completion of the foundation
• 15% – purchase of materials for load-bearing structures
• 15% – completion of constructions
• 5% for the transfer of keys

Why Paje is a promising location for investment

• Active tourist dynamics. Paje is popular with kiteers, surfers, beach lovers and couples looking for authentic Zanzibar: this gives a stable demand for rentals all year round.
• RRlocal infrastructure. In Paje Town there are cafes, kiting schools, yoga studios, shops and services - the district lives and develops, increasing the capitalization of real estate.
• Transport accessibility. 45–60 minutes to Zanzibar International Airport (ZNZ), convenient access along the main road along the coast.
• Balance "beach and city." The location in the Paje Town itself gives access to infrastructure and at the same time maintains proximity to the ocean – this is appreciated by both tourists and expats.

How to book an apartment

Paje Square is everything. 203 apartments - the offer is limited. Early buyers get better layouts, orientation and fixed prices. Contact the manager to:

• Get current price and planning decisions;
• Calculate the return on your budget;
• Choose floor and orientation (ocean or city view);
• Make a reservation and payment plan.

We organize a personal online consultation: show 3D visualizations, finishing materials, photos of the site and layout options.
Call or write - we will help you choose an object for your goals: for life, passive income, business or diversification of capital.