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The

Dar Property

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May - June 2012

A Monthly Property Guide Issue No 010 www.darproperty.co.tz

FRE E CFree OPY Copy

TM

ISSN 1821-7753

TEL APARTM O EN AH TS L B

ABLA COMPLEX

SOON FOR RENTING MIKOCHENI Garden road.

3 Things For Couples To Consider Before Buying A House

Mortgage ďŹ rms to team up with pension schemes

The Darproperty magazine

March - April 2012 The DarProperty 3


Investing in Real Estate requires a good investment knowledge  but no one should over look the quality of the construction materials.  Savvy investors GO for TBS approved materials.  TBS offers standards and facility of material testing. For further Details

2 The DarProperty March - April 2012

Tanzania Bureau of Standards - TBS Ubungo, Morogoro Road / Sam Nujoma Rd. P.O. Box 9524, Dar es Salaam, Tanzania. Tel.: +255 22 245 0298 | +255 22 245 0206 Fax: +255 22 245 0959 E-mail: info@tbstz.org


Exclusive Mbezi Beach House For Rent or Sale

Sundeep Chudasama  Mobile: +255 754780148  Kishor Chudasama Mobile: +255 713466066

Office: +255 222130601 Email:  rkchudasama@catsnet.com

Sachin Chudasama Mobile: +255 752622344 Dhiren Chudasama Mobile: +255 715622344 

This is a two story house situated off  the main road near White Sands round about.  The house has ample park space, swimming pool with bar area and servants quarters.  Ground floor consists of  a large kitchen with attached store room, dinning room, living  room, an office room, downstairs bedroom and bathroom.  First floor has two master bedrooms with en-suite, a large bedroom, communal bathroom,  second living/reception room, with outside balcony and a second office.  Rooftop is open with a hard roof  cover, w/c and basin. It is spacious and has a spectacular  360 view. The house is fully furnished.

May - June 2012

The DarProperty 3


Dar Property

TM

Tanzania’s Ultimate Property Guide.

Publisher Darproperty Tanzania Managing Editor Rashid Msabaha Design & Layout Dennis Maunga dennis@darproperty.net

AVAILABLE FROM:

Marketing & Sales Michael Francis

michael@darproperty.net

All Shopping Malls

Distribution Boniface Metta

Village Supermarket Scholastica Book shops

Online Content Manager Mbwana Mbura

All Novel Idea Book Shops

Sales George Claus

Premium Super Markets Airport Terminal 2

Office Admnistrator & Accounts Violeth Dickson

J. D. Pharmacies

Office Assistant. Brigita Laurance

Bundu shop - Southern sun Oysterbay Shopping Center

Consultants The View Point Creative Marketing Solutions

Slipway Nakiete Pharmacy - Mwenge Home Shopping Center Tanzania Investment Center (TIC) Renowned Hotels & Offices NHC - Head Quarter All Major Real Estate Agents

Regulatory & Legal Advisors Nexus Associates- Attorneys at Law Mikocheni B - Bima road, P.O. Box 105499 Dar es Salaam +255 22 2461 447, +255 784 238 962 +255 688 751 868 info@darproperty.net Distribution Should you have problems in obtaining copies of DarProperty Magazine, please contact The ViewPoint Creative +255 717 696 457, +255 652 859 650 The Darproperty is published by Darproperty Tanzania Company. All rights reserved. c The contents and opinions expressed herein are not necessarily the representation of publisher’s view. All material published is deemed to originate from the author and will not accept any liability whatsoever in respect that have been sourced from contributors. Users are required to make their own judgement on the details contained in each advertisment. While every caution is taken in compiling the contents of this magazine, the publisher will not accept any liability for the effects arising thereof. No part of this publication will be reproduced with out written consent from Darproperty Tanzania Company.

To advertise Call : +255 713 751 868, 784 238 962 sales@darproperty.net 4 The DarProperty May - June 2012


FOR RENT OR SALE

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March - April 2012 The DarProperty 3


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March - April 2012 The DarProperty 3


2 The DarProperty March - April 2012


OFFICE TO LET IN CITY CENTRE 400 sq metres, partitioned office is available to let on the top floor of a Tetex house on Pamba Road in the City Center, Dar es Salaam. On one floor in two wings of 220sq metres and 150sq metres with a 30sq metres a common lobby area. The office building is just a walking distace to most embassies, world bank, local banks and key ministries. Restaurants and hotels are also close by. 4 car parking spaces available at a price although this is optional. The office was previously let to multinationals/international NGOs

Dar Property

We also have a renovated one storey house to let in mikocheni B for $1500 per month. 3bedrooms, one ensuited, public toilet, spacious lounge/kitchen/ dining room and a spacious parking. The house is 2mins from the main road and 5mins to local restaurants/pubs/shops. For more info contact us now

DarProperty Tanzania Co. The Publisher of The DarProperty Magazine & darproperty.co.tz has relocated its offices from Sinza Palestina to Mikocheni B, along Bima road. The relocation was necessitated by the need for more space, security, privacy & convenience to our esteemed clients.

TM

Tanzania’s Ultimate Property Guide.

FOR SALES/LETTINGS AND FULL PROPERTY MANAGEMENT CONTACT US NOW HAMPTONS PROPERTIES TZ MOB:+255 784 323 133/ +255 654 204 083 hamptonspropertiestz@gmail.com/ a_kito@yahoo.com May - June 2012

The DarProperty 11


3 Things For Couples To Consider Before Buying A House

T

he property market remains a considerable concern for the Republic government, and has done a number of initiatives to see that her citizens realize their dreams of owning a home. For couples wishing to secure themselves a new home, they are to consider a number of things before they consider buying a house.

12 May - June 2012 The DarProperty

Choosing Your Mortgage: Pick the Right One for You and Your Partner. In some ways, couples looking for properties in the current market have an easier choice than those who bought some years ago. The highrisk and stated-income mortgage types that were created to suit unqualified borrowers are no longer available, as lenders have

strived to adapt to the changing macroenvironment and new government legislation. Today’s house hunters generally have to choose between fixed and adjustable rate mortgages, and must select the right one to suit their financial circumstances. This tends to suit couples rather than individual buyers, simply because applications that boast dual


Investment

incomes have a better chance of succeeding in the current market. Fixed rate mortgages offer the lowest risk for couples who are looking to buy, simply because the rate of interest remains unchanged throughout the duration of the loan. This ensures that monthly repayments remain consistent over time, which makes it far easier for you to budget and meet your requirements as a debtor. With an adjustable rate mortgage rate (ARM), the rate of interest is liable to fluctuate considerably in line with market conditions, and while this may cause your monthly liability to decrease, it is more likely to adjust upwards and increase your burden. Your salary constraints and potential for future earnings should therefore be influential in your decision. Your Home As an Investment: The Importance of Location and Development For any couple looking to buy a home, there are wider considerations that should also influence their decision. The first is the issue of location, and the importance that it plays in determining a property’s value over time. After all, when purchasing a home, you are investing a significant sum of capital into real estate, and it is always better to do this with a view to maximizing its value where possible, it is important that potential buyers consider every possible avenue to either maintain or increase a property’s value. Supply and demand remain key to determining value, so try to assess the area in which each house that you view is situated. For example, if a house is located in a developing residential area where there are few properties on the market, then your investment will secure a home that is in high demand and part of a limited supply. In addition to this, consider the house on its own merit, and whether it has the scope for significant development or expansion as an individual property. Both of these factors can add significant value to a home and have the potential to increase your return should you choose to sell in the future. The Everyday Practicalities of Home Ownership: Looking to the Future With such an importance placed on mortgage types and finding a home, it is all too easy to forget the everyday practicalities of being a homeowner. If you plan to purchase a property and live in it for a significant period

of time, for example, then it is important that you consider your long-term plans both individually and as a couple. Having children and adding to the family unit is a key part of this decision-making process, and given the fact that household grew exponentially between 2000 and 2010, it is something that influences many potential home buyers throughout the country. While preparing for the future will dictate the size of any house that you may buy, it also brings into focus other considerations. The most significant consideration for parents and potential parents is schooling, and the exact proximity of a property to good quality and accessible educational facilities. According to the findings, 27% of home buyers cited the quality of local schooling

as being critical to deciding whether to purchase a specific property, while a further 22% said that having conveniently placed schools was also an influential factor. The Bottom Line If you are a couple looking to purchase a home, then you have certain advantages over individual buyers in the current marketplace. However, it is still important that you consider your options carefully before committing to being a homeowner, and you should pay specific attention to your finances and future plans in order to ensure that your investment is a rewarding one.

May - June 2012 The DarProperty 13


CONCORD TOWER CITY CENTER FOR RENT FULL FURNISHED 3 BEDROOMS 2 BATHROOMS BALCONY

India - Morogoro road junction +255 715 187 818, 0773 789 368, 0718 164 700


TMS INVESTMENT LTD MSASANI BEACH HOUSE FOR SALE 4900sqm

PLOT No. 837

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CALL 0754 468 875 0715 468 846 0786 468 875

Do you have a property related business? MORTGAGE LENDERS FENCING SECURITY ROOFING POOLS CURTAINS TILES

FURNISHES WATER TANKS GARDENING GENERATORS INTERIOR DESIGN All industry related products & services now have a direct link to the active consumer in the Real estate market

The DarProperty Call: +255 713 751 868, 784 238 962, 22 2461447. for all your advertising needs,


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TEL APARTM O EN AH TS L B

ABLA COMPLEX SOON FOR RENTING Located at most en route active area in Dar es Salaam - Mikocheni this superb 7 story building, just 20km away from the Dar es Salaam International Airport (DIA) and 7km to the city centre where all the important businesses flourish, surounded by industries, Banks, shopping malls, all have the guarantees to be executively accomodated.

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Ground floor shops total 6 shops of 50sq. mtrs each, height 5.5 mtrs 1 floor of luxurious ready for offices of 27 sq. mtrs each 4 floors of rental offices as per your requirement total area sq. mtrs each floor. 2 floors of modern furnished apartments 2 bedrooms of each with sittting room, kitchen and balcony. The ground floor is suitable for a bank and we welcome applications for tenancy L APART ME OTE NT AH L S B

M O C A L B A CO 2 The DarProperty March - April 2012


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TEL APARTM O EN AH TS L B

Head Office Plot No. 20 Ali Hassan Mwinyi road, Victoria, Opposite Knight Support office Next to Khana Khazana Restaurant. Please send your requirements: ABLA COMPLEX P.O. Box 3810 Dar es Salaam - Tanzania Tel: +255 22 2774815 - 6 0784 76 11 33 0784 76 11 66 0777 76 36 54 0777 76 95 54 Fax: +255 22 2224860 info@ablahotel.com reservations@ablahotel.com

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March - April 2012 The DarProperty 3


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March - April 2012 The DarProperty 3


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March - April 2012 The DarProperty 3


Mortgage

Mortgage firms to team up with pension schemes A dream to own a home for most salaried Tanzanians will become a reality as long as the Tanzania Mortgage Refinance company (TMRC) plan to team up with social security schemes is implemented. The absence of a mortgage financing system has adverse effects on the country`s economy as the majority of people have been forced to build houses incrementally using their own savings. The TMRC chief Executive Officer, Mr Rished Bade, said that collaborating with pension funds was one of the institution`s priorities to enable workers access housing loans at affordable cost. “likewise the plans are underway to work with private developers to broaden investment opportunities, “ he said in a telephone interview in Dar es Salaam recently. Analyst in the real estate development estimates that it takes up to 10 years for an average Tanzanian family to build a house using its own savings, tying up substantial capital. Most banks in Tanzania were hesitating to start mortgage financing, while overall lending rates remained high. TMRC is a financial institution owned by commercial banks in support of mortgage lending in the country. Through TMRC lending, commercial banks get the loans at 10 percent rate, the relief that is expected to be passed over to final consumers. There are five pension funds in the country, Public Service Pension Fund (PSPF), Local Authorities Pension Fund (LAPF), Government employees Provident Fund (GEPF), National Social Security Fund (NSSF) and Parastatal Pension Fund (PPF). The Parliamentary Finance and Economic affairs Committee Chairperson, Dr Abdallah Kigoda, said in Dar es Salaam over the weekend that pension funds could be an important investment partner due to its boldness financially as well as being among largest investors in real estate development. “Both parties will become beneficiaries but more importantly low and middle class employees from public and private sector, who

22 The DarProperty May-June 2012

have been victims of the skyrocketing costs of homes,” he said. He said the project is feasible as already 2 million US dollars ( about 3.2 bn) out of 40 million US dollars (about 64bn) given by the government to the TMRC has been allocated to carry out on the low cost housing loans and increase the number of beneficiaries. The parliamentary committee insisted on the TMRC to ensure the housing finance benefits the needy and evade greedy businesspersons from meddling with the project for personal gains. “TMRC should enhance awareness creation to all citizens on the benefits of the project for their wellbeing,” he added. For years Tanzania has been without the mortgage financing system, compelling majority people to opt the most difficult alternative of building houses incrementally through own savings. The parliamentary committee challenged TMRC to consider possibility of lowering cost of finance for the low income earners access affordable and

long term housing credit facilities. “This is possible when TMRC goes to the public like issuing bonds to raise low cost capital,” he said. Currently about 18 per cent VAT is being charged on prices of residential houses thus backpedalling progress made by the infant real estate industry. The TMRC has disbursed housing loans totalling (1.56 million US dollars) 2.5 billion since it became operational in October last year, while its members commercial banks have injected sum of 2.05 million US dollar ( about 3.29bn) since investment in the sub sector began. Commercial banks with stake in the company are CRDB Bank, NBC, NMB, Exim Bank, Azania Bank, Tanzania Investment Bank (TIB), Banc ABC, Dar es salaam Community Bank (DCB), NIC Bank and People`s Bank of Zanzibar. Sourced: 2012.

DailyNews Tanzania. 3rd

April


Dar’s Premier MLS Published by Darproperty www.darproperty.co.tz

* Easy navigation * Featuring top Agents   Featured Agents 

TZ Real Estate Agents Ltd

To be listed contact Darproperty Tanzania Co. P.O.Box 105499 Dar es Salaam - Mikocheni B, Bima road. +255 784 238 962, 713 751 868, info@darproperty.net


TS627-MBEZI BEACH NICE 4 ROOMED HOUSE, ALL ROOMS ARE ENSUITE, POOL,GARDEN USD 1 M

TS628-MBEZI JUU COMMERCIAL PLOT OF SQM 7945 STAFF IDEAL FOR ESTATE, TARMAC ROAD. TSH 700 M

TS631-KIGAMBONI PLOT OF 2.5 ACRES WITH LONG STRETCH OF BEACH ACCESS,3 BAMBOOS HOUSE, 3 CONTAINERS NOT AFFECTED BY KIGAMBONI SATTELITE CITY . USD 500000

TS632-TANGA PLOT OF 70 ACRES OF AGRICULTURE,22 KM FROM TANGA CITY, SITUATED NEAR SIGI RIVER. USD 250000

TS635-BAGAMOYO KAOLE BEACH PLOT OF 4 ACRES ACCESS TO TARMAC ROAD TSH 400 M

TS636-MBWENI JKT UNFIRNISHED 2 ROOMED HOUSE, FENCED PLOT OF 1560 SQM, TSH 150 M

TS639-MBWENI PLOT OF SGM 1100,FACILITIES SUCH AS WATER AND ELECTRICITY ARE AVAILABLE. TSH 50 M

TS645-MBAGALA INDUSTRIAL AREA PLOT OF 2 ACRES ,FACILITIES SUCH AS WATER AND ELECTRICITY ARE AVAILABLE JUST FEW METERS FROM A PLOT. USD 1.5 M

24 The DarProperty May-June 2012

TS640-SINZA 3 FLOOR BUILDING,5 ROOMS, 2 OFFICES, PLOT SIZE 290 SQM TSH 500 M.

TS646-MSASANI BEACH 2 BEDROOMS OCEAN VIEW APARTMENT,POOL,GENERATOR. USD 200000

TS629-TABATA SEGEREA 4 BEDROOMS HOUSE WELL FENCED,TARMAC ROAD TSH 250 M

TS633-BAGAMOYO PLOT OF SQM 3800, SECOND FROM BEACH , WITH 3 HOUSES, SHOPS TSH 500 M

TS637-MBWENI JKT PLOT OF 1500 SQM,CLOSE TO IMPORTANT FACILITIES LIKE WATER,ELECTRICITY, IDEAL FOR RESIDENTIAL USE TSH 130 M

TS642-MBAGALA PLOT OF 2 ACRES,WITH 72 ACRES, WELL FENCED LOCATED AT IDUSTRIAL AREA USD 2.5 M

TS647-MSASANI BEACH 1 BEDROOM HOUSE, 2 WASHROOMS, FURNISHED, POOL,GENERATOR USD 145000

Details NOT Warranted.

TS630-KIGAMBONI HUGE PLOT 0F 100 ACRES IDEAL FOR ESTATE DEVELOPMENT USD 1.7 M

TS634-BAGAMOYO BEACH PLOT OF 6 ACRES, IDEAL FOR HOTEL / APARTMENT BUILDING USD 510000

TS638-MBWENI JKT PLOT OF SQM 1200,A SPACIOUS IN A DEVELOPING NEIGHBORHOOD, FACILITIES SUCH AS WATER AND ELECTRICITY ARE AVAILABLE JUST FEW METERS FROM A PLOT. TSH 100 M

TS644-MBAGALA INDUSTRIAL AREA PLOT OF 2 ACRES, IN AGOOD LOCATION USD 1.5 M

TS650-KIGAMBONI 4 BEDROOMS HOUSE, 2 ARE ENSUITE, SERVANTQUARTER, GARDEN,PARKING SPACE. TSH 250 MILLION


TS651-MIKOCHENI HOUSE OF 5 BEDROOMS, IN AGOOD LOCATION, TARMAC ROAD TSH 450 M

TS648-JANGWANI 4 BEDROOMS HOUSE, 2 ARE ENSUITE, SERVANT QUARTER, PAVED COMPOUND,GARDEN. USD 280000

TS653-MBEZI BEACH A BRAND NEW BEDROOMS HOUSE, ALL ARE EN-SUITE,STAFF QUARTER IN A PLOT OF 1500 SQM USD 500000

TS652-MBEZI BEACH A BRAND NEW DOUBLE STOREY HOUSE,4 BEDROOMS ALL ROOMS ARE ENSUITE,STAFF QUARTER, IN A PLOT OF SQM 1500. USD 500000

TZ Real Estate Agents Ltd Property you can trust, your search ends with us 7th floor Amani Place, Ohio Street +255 756 960960, +255 714 444250 www.TZrealestate.co.tz

TS659- TEGETA 3 BEDROOMS HOUSE, BUILT UP AREA SQM 150, PLOT OF 1200 SQM TSH 90 M

TS604-MBEZI KIMARA 8 ACRES, LAND IDEAL FOR SCHOOL OR LOW COST HOUSES USD 200000

TS661-SINZACOMMERCIAL BUILDING WITH 20 FRAMES/SHOPS IN A PLOT OF 3500 SQM,IDEAL FOR PETROL STATION,HUGE COMMERCIAL BUILDING,RIGHT ON TARMAC ROAD. USD 2.7 M

TS662-KIGAMBONI GEZA ULOLE OCEAN FRONT HOUSE,4 ROOMS, PLOT 1500 SQM, USD 400,000

TS521-MBEZI BEACH FENCED PLOT, 2000 SQM, NEAR MAIN ROAD USD 280000

TS663-MBEZI BEACH SMALL PLOT OF 4000 SQM, SEMIFENCED,IN A GOOD LOCATION, TARMAC ROAD TSH 60 M

TS657-TABATA 2 HOUSES IN APLOT OF 3 ACRES, ALL SERVICES ARE AVAILABLE TSH 600 M

TS658-MANDELA ROAD PLOT OF 8 ACRES, TATMAC ROAD USD 9.5 M

TS654-JANGWANI BRAND NEW 3 BEDROOM APARTMENT, ALL ARE ENSUITE,GYM,POOL, GENERATOR USD 110,000

TS665-REGENT ESTATE 2 VILLAS IN ONE COMPOUND, BOTH 4 BEDROOMS,FURNISHED, SWIMMING POOL,GENERATOR, PLOT SIZE 2000 SQM USD 1.5 M

TS664-MBEZI BEACH A BRAND NEW 4 ROOMED HOUSE, ALL ROOMS ARE ENSUITE,MODERN PLAN, 2 CLOSE TO TARMAC ROAD. USD 400000

S656-MANDELA ROAD TR1065-OYSTERBAY 15ROOMS, PETROL STATION 8 PUMPS, PARKING,GUEST WING, STAQUARTER, DIESEL TANK 60,000 LITRE AND IDEAL FOR OFFICE FOR RENT PETROL TANK 40,000 LITRE,SHOPS, PRICE 12000 USD YARD, IN APLOT OF 4200 SQM USD 4 M Details NOT Warranted.

TS660-TEGETA 3 BEDROOMS HOUSE, PLOT OF 700 SQM,WELL FENCED, NICE LIVING AREA,DINING,KITCHEN. TSH 150 M

May-June 2012

The DarProperty 25


Plot For Sale 400 sqm commercila plot @ Mbezi beach overlooking bagamoyo road Price: $850,000 Call 0717 327052 4700 plot @ kurasini near port ideal for container yard price $ 650,000 Call 0717 327052 Industrial plot for sale @ Africana Mbezi 3rd from bagamoyo road titled usd $800,000 Call 0716 856454 2 plots adjacent to each other located in Kibaha close to EOTF a.k.a “kwa mama Mkapa” children centre. Each plot is 10,500sq.mts. Both plots hold a valid title deed for 33yrs.Dispensary, Water and Electricity available from a close range, accessible road throughout the year. Price negotiable. Contact: +255-756-888711/255-786-777234/255-713-275447. Located in Mkuranga District Kiparang’anda village25 Acres ,Surveyed with OFFER 99 yearsJust 1 km from Dar- Lindi main road. Usage - multipurpose.Contact +255 288 562 Two surveyed beach plots with 2,505 sq meters and 3500 sq meters located near the beach at Luchelele Mwanza. The plots are ideal for hotels/residences strategically located for development by Mwanza City plan shortly. Price Tshs 120mn for both, first come first served. Contact 0713509339/0783-777995. 1.8 acres yard for sale at mandela rd area 2nd from the port access road it has a fenced and valid title. USD 1.8mil Call 0717 327 052 Plot for sale at kigamboni with clean tittle 1000sqmeter block 10. price 28million close to tarmac road. call 0682 193570. 1 Acre ( 3,999 Square meters) Plot at Bahari Beach With title and several bricks meant for Residential/ Commercial project. The plot carries a permit for construction of 6 apartments in 2 blocks. Tshs. 800m. Call 0655 434 375/0713212728.

House For Sale 1 storey house for sale 4 bedrooms 2 self contain, house @ masaki peninsular with fenced and a big plot size 1400sqm Price: $1.2m Call 0784 710606. Houses at Kibamba in a 4199 Sq.m area with title deed. Contains houses of 5, 4 and 3 bedrooms and multi-purpose godown –like building. Price Tshs. 295m negotiable. Call 0655 434 375/0713212728. 8 bedrooms old house for sale@ sinza africa sana off shekilango rd, near kona bar and plot size is 360 sqm. Ideal for guest house or hostel. Tshs 180m call 0716 856 454 2 ensuite @ $ 450,000 each. Premium plot 4 sale at mbezi beach, Price usd 80,000/= call/sms 0712-222905

Apartment House for sale masaki @ USD 2.5 mil. Mobile: 0759172599. 0716 779953 Furnished apartment sea view near aghakan hospital 3 bed room @ 2500 pm. Mobile: 0759172599. 0716 779953 Furnished apartment at mikocheni 3 bedroom, pool, gym @ 2500 pm. Mobile: 0759172599. 0716 779953 Furnished apartment at msasani 3 bedroom, @ 1500 pm Furnished 2 rooms Apartment@ Mikocheni B, well fenced, generator, fully hours security, parking, balcon, tarmac road, USD 1600. Mob:0756960960, 0714444250

House To Let

CLASSIFIEDS

Bungalo for let Tabata Aroma area behind the king David arch of education. Recently renovated in depth. three bedrooms one ensuite, two public toilets combined with showers. parking House is Fully Furnished, having 4 Bedrooms, 1 Study Room, 2 Sitting Rooms 1 Dining Room, 1 Kitchen, 4 Bathrooms Backyard Lawn, 2 Parking spaces (1 covered and 1 uncovered) +255 767 881 864 Masaki - 9 rooms house suitable for an office. $5,000. Kigamboni - 3 bedrooms compound house unfurnished for $500pm. Call 0655 104 910 Nice house in a good location @ Mikocheni B 4 Rooms, parking, access road, lovely garden well fenced, spacious living area. USD 1500 Mob: 0756 960 960, 0714 444 250

House for rent situated in mikocheni B, low density, securely fenced plot of 1000sqmt. Ideal for residence or office available furnished or unfurnished, 4 bedrooms, 2 ensuite rooms 1 study room, large living room, dining room, fully equiped kitchen, 3 bathrooms and toilets, good water supply and storage tanks large backyard lawn and gazebo can park more than 6 cars, front terrace. Tel: +255 718 907 554, +255 784 855 824 +255 762 879 977 house located in one plot for letting in Mbezi Beach close to Massana Hospital. +255-756-888711/255-786-777234/ +255-713-275447. A four Bedroom House, located at kunduchi near by jeshini is for rent. 600,000 per month 0756 189 770

Office To Let

Office to let @ OHIO Street, more than Ocean front executive 4 rooms Villa,@ 30sqm, All services are available Kawe Beach, pool, gym, generator $18 - $22 per sqm. 1125 sqmeter, block 20,@kigamboni with clean tittle Access tarmac road, quiet area.USD 3500 Call 0658 300 969, 0686 306969 Mob:0756960960, 0714444250 deed, ideal for residential or commercial, like bank, supermarket, Office space @City centre 770 sqm@10 USD apartment, hotel Lovely apartment fully furnished, @ per sqm, 4 parking space etc. on tarmac road on the way to fun city. Masaki, 3 rooms, pool, parking, gym, Quiet area for office purposes call +25582 193570. ocean view, Mob:0756960960, 0714444250 Tarmac road, in a conducive . environment with fresh air.USD 2000 Mob:0756960960, 0714444250

26 The DarProperty May - June 2012

Place your Classifieds here for FREE sales@darproperty.net


Real Estate

REAL ESTATE The ABCs of REAL ESTATE MARKET Estate at Will, is an estate of indefinite duration that can be terminated at the “will” of either the landlord or tenant. It may arise by implication or by express agreement. Although common law rule does not require advance notice of termination by either party, statutory laws and judicial decisions in most states now require notice. An estate at will terminates upon the death of either the landlord or tenant. Fixed-rate mortgage (FRM) is any loan having an interest rate that remains unchanged over the life of the mortgage. The FRM was initially developed by Housing Administration after the depression as a financing device that would better meet the needs of the homebuyer than the straight or term of fixed rate mortgages varies from fifteen to forty years. The most popular fixed rate mortgage is the fully amortized loan. Zoning is a device of land use planning used by local governments in most developed countries. The word is derived from the practice of designating permitted uses of land based on mapped zones which separate one set of land uses from another. Zoning may be use-based (regulating the uses to which land may be put), or it may regulate building height, lot coverage, and similar characteristics, or some combination of these. Similar urban planning methods have dictated the use of various areas for particular purposes in many cities from ancient times

Complied by Michael Francis michael@darproperty.net

Photo & company estate agency 0786-962444 0715-280770 0754-280770

octavianifocas@yahoo.com Apartment for sale at Msasan peninsula, 4bedrooms apartment fully furnished, Standby generator,big swimming pool PRICE $400,000 Apartment for rent Upanga area, 4bedroom apartment, plenty of water, fully furnished apartment, good tarmac road secure area, PRICE $ 2500 Double storied house located at Mbez Beach, available now, secure area, 4bedroom house, big compound, nice&well maintained garden, plenty of water, big swimming pool, standby generator, wall fence, PRICE $3500 per month. House for office Oyster bay area ,12 bedroom double storied house, big compound, big parking space, standby generator, PRICE $12,000 per month. Bungalow kawe beach, 4bdroom house, The house is right on the beach, nice garden PRICE $3000 House for leas Msasani peninsula House in compound, double storied house, plenty of water,24 hours security Standby generator PRICE $5000 per month. 6bedroom House a Mikocheni Double storied house ideal for office,big compound Nice garden PRICE $3500 House for Sale mbezi Beach 4bedroom House right on the beach, 2000sqm,well maintained garden, Plenty of water, big generator, big swimming pool, wall fenced PRICE 1milion usd May - June 2012 The DarProperty 27


Real Estate Agents Directory ABLA ESTATE DEVELOPERS & AGENCY CO.LTD Mikocheni Opposite Shoppers Plaza P.O BOX 3810, Dar es Salaam Tel +255 22 2772506 E-mail: ablaestate@bol.co.tz AFRICA PROPERTY LIMITED Old Mwenge Rd, Agip House P.O BOX 32822, Dar es Salaam Tel +255 22 2771834 Mob; +255 784 781242 Email: sendim@consultant.com AMBASSADOR REAL ESTATE AGENCY Sinza Palestina - CCM bldgs P.O. Box 62067 Dar es Salaam Mob: +255 784 252741 BRIDGEWATER CO. & REAL ESTATE Location - Chole rd 516 Masaki 0719 622 998 0784 607 160 CITY PROPERTY LTD Nkrumah Street P.O BOX 831 Dar es salaam Tel +255 22 2116646 Mob +255 754 375967 Email: gold@cats-net.com COMFORT ZONE Plot 22/7 Kaunda Road P.O BOX 31010 Dar es Salaam +255 773 805 360 Email: comfortzonetz@gmail.com ESTIA Maktaba business square park P.O. Box 23347 Dar es Salaam +255 753 782837 info@estiatz.com GIMCO ESTATE AGENCY LTD Samora Ave, NIC Investment Hse, P.O BOX 8382 Dar es salaam Tel +255 22 2120988 Mob +255-784 900041

GOLDBERG COMPANY LTD Real Estate & Mining Trade P.O. Box 22159 Dar es Salaam Old Bagamoyo Rd, Mikocheni B, 0715 270 517 0754 270 517 goldbergtz@gmail.com www. goldbergtz.com GOLDEN LAND SHELTER LTD Sokoine Road P.O BOX 12067, Arusha Tel +255 27 2507625 HAMPTONS PROPERTIES TZ HAIDERY PLAZA - 1ST FLOOR UPANGA/KISUTU STREET P.O.BOX 6547 DARESSALAAM hamptonspropertiestz@gmail.com, a_kito@yahoo.com 0654 204083/ 0784 323133 H & R CONSULTANTS LTD PPF Towers, Garden/ohio street P.O BOX 70703, Dar es salaam. Tel +255 22 2130073 IMAGE PROPERTIES & ESTATE Pugu road, Quality Plaza 2nd Floor West Wing P.O BOX 70117, Dar es Salaam Tel 255 22 2862 092 Mob +255 777 420675 Email: info@ipe.co.tz KATIGA HOUSING EXPERTS P. O. Box 65490 Dar es Salaam Tanzania Tel:+255 2270 1915 Cell: +255 764 763 186/ +255 658 763 186 Email: info@katiga.co.tz/ katigahousing@gmail.com Website: www.katiga.co.tz KNIGHT FRANK International House 3rd Floor, Garden Avenue. P.O BOX 9333, Dar es Salaam. Tel +255 22 2113300

LYELYE CO. LTD Sinza makaburini Plot No. 5 Block A P.O.Box 72814 Dar es Salaam 0784 620275 lyelye27coltd@gmail.com MY BEACH Old Bagamoyo Rd. opp Yuasa auto impex P.O BOX 105200. Dar es Salaam Tel; +255 22 2701710 PHOTO & CO.ESTATE Kahama Road/Msasani peninsula P.O BOX 105121 Dar es Salaam. 0786 962 444 Email; Octavianfocas@yahoo.com.

Property Consultancy & Services Ltd 2nd Floor Kevin House - Samora Avenue P.O BOX.7152 - Dar Es Salaam +255 22 2120402, +255 713 690 220 info@pcsltd.co.tz www.pcsltd.co.tz PROPERTY SOLUTIONS TZ LTD P.O.BOX 750 DARESAALAAM Tel:+255717145273, +255755384070 Email:propertysolutiontz@gmail.com SAK SERVICES Estate Agent - Dar es Salaam Mob: +255 787 591 995 schande@bol.co.tz SKYMARK REALITIES LTD Zanaki st. - Alimanga bldg Tel: +255 22 2 134422/33 TZ REAL ESTATE AGENTS LTD Head Office: 7th Floor Amani Place Ohio Street Dar es Salaam Tel: +255 756 960-960/ 0714 444 250 info@tzrealestate.co.tz www.tzrealestate.co.tz Treld Company Ltd P.O BOX 7656 Dar es Salaam Location Msasani Peninsular off toure drive +255 732 222 888, +255 716 777 999 treldestates@yahoo.com www.treld.co.tz

List your Company here send details to www.darproperty.net sales@darproperty.net 2 The DarProperty March - April 2012 The Darproperty magazine


Design & Installation GAZEBO, CAR SHADES & ELECTRICAL GATES

E y FRE Wor r Bac k y Mone ntee a a u G r

ROSE GARDEN COMPLEX - Rose Garden rd, P.O. Box 31228, Dar Es Salaam +255 786 924 373, 658 924 373


AUTO

ENGINEERING

LIFE

Plot 727 / 408, 4th Floor, Mavuno House, Azikiwe Street, P.O. Box 25378 Dar es Salaam - Tanzania Tel: +255 22 2123055, Fax: +255 22 2123041,    Mobile: +255 715 287 005, +255 713 409 725 Email: jjpinsurancebrokers@yahoo.com


g n i m o

n o So

Behind SHOPPERZ PLAZA MIKOCHENI - URSINO - Chwaku Street.

Ground Floor Ideal for Banks

C

2 The DarProperty March - April 2012

March - April 2012 The DarProperty 23

+255 713 311 119, +255 753 253 787 kjursinocomplex@gmail.com

OFFICE SPACE TO LET

URSINO COMPLEX

K.J


scan here

Interact with darproperty on your smartphone 2 The DarProperty March - April 2012


The Darproperty  

issue 010 - May 2012

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