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The Issue No 010 ISSN 1821-7753 May - June 2012 www.darproperty.co.tz A Monthly Property Guide Property Dar FREE COPY TM A B L A H O T E L A P A R T M E N T S ABLA COMPLEX SOON FOR RENTING MIKOCHENI Garden road. 3 Things For Couples To Consider Before Buying A House Mortgage firms to team up with pension schemes

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Page 1: The Darproperty

The DarProperty March - April 2012 3The Darproperty magazine

FreeCopy

The

Issue No 010 ISSN 1821-7753May - June 2012www.darproperty.co.tz

A Monthly Property GuideA Monthly Property Guide

PropertyDar PropertyDarFREE COPY

TM

ABLA

HOTEL

APARTMENTS

ABLA COMPLEX SOON FOR RENTINGMIKOCHENI Garden road.

3 Things For CouplesTo Consider

Before Buying A House

Mortgage fi rms to team upwith pension schemes

Page 2: The Darproperty

The DarProperty March - April 20122

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 DetailsTanzania 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 0206Fax: +255 22 245 0959E-mail: [email protected]

Page 3: The Darproperty

The DarProperty May - June 2012 3

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.

Exclusive Mbezi Beach HouseFor Rent or Sale

Sundeep Chudasama Mobile: +255 754780148 

Kishor ChudasamaMobile: +255 713466066

Office: +255 222130601Email: 

[email protected]

Sachin ChudasamaMobile: +255 752622344

Dhiren ChudasamaMobile: +255 715622344 

Page 4: The Darproperty

The DarProperty May - June 20124

AVAILABLE FROM:

All Shopping Malls

Village Supermarket

Scholastica Book shops

All Novel Idea Book Shops

Premium Super Markets

Airport Terminal 2

J. D. Pharmacies

Bundu shop - Southern sun

Oysterbay Shopping Center

Slipway

Nakiete Pharmacy - Mwenge

Home Shopping Center

Tanzania Investment Center (TIC)

Renowned Hotels & Offi ces

NHC - Head Quarter

All Major Real Estate Agents

PublisherDarproperty Tanzania

Managing EditorRashid Msabaha

Design & LayoutDennis [email protected]

Marketing & SalesMichael [email protected]

DistributionBoniface Metta

Online Content ManagerMbwana Mbura

SalesGeorge Claus

Offi ce Admnistrator & AccountsVioleth Dickson

Offi ce Assistant.Brigita Laurance

ConsultantsThe View Point Creative Marketing Solutions

Regulatory & Legal AdvisorsNexus 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 [email protected]

DistributionShould you have problems in obtaining copies of DarPropertyMagazine, please contact The ViewPoint Creative+255 717 696 457, +255 652 859 650

The Darproperty is published by Darproperty Tanzania Company. All rights reserved. cThe 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.

PropertyDar PropertyDarTanzania’s Ultimate Property Guide.

TM

To advertise Call : +255 713 751 868, 784 238 962

[email protected]

24HRS

SecurityFour BedroomsGym & SaunaFully Furnished + DSTVStandby GeneratorSwimming PoolAmple Parking

$3000pm

FOR RENT OR SALE

Page 5: The Darproperty

The DarProperty March - April 2012 3The DarProperty March - April 201222

24HRS

SecurityFour BedroomsGym & SaunaFully Furnished + DSTVStandby GeneratorSwimming PoolAmple Parking

$3000pm

FOR RENT OR SALE

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The DarProperty March - April 2012 3The DarProperty March - April 20122

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The DarProperty March - April 20122

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DarProperty Tanzania Co. The Publisher ofThe 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.

PropertyDar PropertyDarTanzania’s Ultimate Property Guide.

TM

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

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

FOR SALES/LETTINGS AND FULL PROPERTY MANAGEMENT

CONTACT US NOW HAMPTONS PROPERTIES TZ

MOB:+255 784 323 133/ +255 654 204 083

[email protected]/[email protected]

The DarProperty May - June 2012 11

Page 12: The Darproperty

The 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.

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 high-risk 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 macro-environment 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

3 Things For Couples To Consider Before Buying A House

The DarProperty 12 May - June 2012

Page 13: The Darproperty

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 DevelopmentFor 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 FutureWith 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 LineIf 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.

Investment

The DarProperty May - June 2012 13

Page 14: The Darproperty

FULL FURNISHED3 BEDROOMS2 BATHROOMSBALCONY

+255 715 187 818, 0773 789 368, 0718 164 700

India - Morogoro road junction

CONCORD TOWERCITY CENTER

FOR RENT

Page 15: The Darproperty

PLOT No. 837

TMS INVESTMENT LTDMSASANI BEACH HOUSE

FOR SALE

CALL0754 468 8750715 468 8460786 468 875

$700,000

4900sqm

MORTGAGE LENDERSFENCINGSECURITYROOFINGPOOLSCURTAINSTILES

FURNISHESWATER TANKSGARDENINGGENERATORSINTERIOR DESIGN

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

Do you have a property related business?

All industry related products & services now have a direct link to the active consumer in the Real estate market

The DarProperty

Page 16: The Darproperty

The DarProperty March - April 20122 The DarProperty March - April 20122

ABLA COMPLEX SOON FOR RENTINGLocated at most en route active area in Dar es Salaam - Mikochenithis 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.

Please send your requirements:ABLA COMPLEX

P.O. Box 3810 Dar es Salaam - TanzaniaTel: +255 22 2774815 - 6

0784 76 11 330784 76 11 660777 76 36 540777 76 95 54

Fax: +255 22 [email protected]

[email protected]

ABLA HOTEL APARTMENTS

ABLA HOTEL APARTMENTS

Head OfficePlot No. 20

Ali Hassan Mwinyi road, Victoria,Opposite Knight Support office

Next to Khana Khazana Restaurant.

ABLA HOTEL APARTMENTS

Ground floor shops total 6 shops of 50sq. mtrs each, height 5.5 mtrs1 floor of luxurious ready for offices of 27 sq. mtrs each4 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

ABLA COMPLEX ZANZIBAR

COMING SOON

Page 17: The Darproperty

The DarProperty March - April 2012 3

ABLA COMPLEX SOON FOR RENTINGLocated at most en route active area in Dar es Salaam - Mikochenithis 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.

Please send your requirements:ABLA COMPLEX

P.O. Box 3810 Dar es Salaam - TanzaniaTel: +255 22 2774815 - 6

0784 76 11 330784 76 11 660777 76 36 540777 76 95 54

Fax: +255 22 [email protected]

[email protected]

ABLA HOTEL APARTMENTS

ABLA HOTEL APARTMENTS

Head OfficePlot No. 20

Ali Hassan Mwinyi road, Victoria,Opposite Knight Support office

Next to Khana Khazana Restaurant.

ABLA HOTEL APARTMENTS

Ground floor shops total 6 shops of 50sq. mtrs each, height 5.5 mtrs1 floor of luxurious ready for offices of 27 sq. mtrs each4 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

ABLA COMPLEX ZANZIBAR

COMING SOON

Page 18: The Darproperty

The DarProperty March - April 20122

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The DarProperty March - April 2012 3

Page 20: The Darproperty

NOW AVAILABLEONLINE

Read this Magazine online.Visit www. darproperty.co.tz

Miss your copy NO MORE

Page 21: The Darproperty

The DarProperty March - April 2012 3

$2000pm

+255 658 300 969+255 686 306 969

PRIVATE OFFICEDSTVSTANDY BY GENERATORSERVANTS QUARTERAMPLE PARKING SPACE24HRS SECURITY

FULL FURNISHED3 BEDROOMS3 BATHROOMSBALCONY

MATUNDAAPARTMENT

MSASANI BEACH

Page 22: The Darproperty

The DarProperty May-June 201222

Mortgage

A dream to own a home for most salaried Tanzanians will become a reality as long as the Tanzania Mortgage

Refi nance company (TMRC) plan to team up with social security schemes is implemented.The absence of a mortgage fi nancing 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 Offi cer, 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 fi nancing, while overall lending rates remained high. TMRC is a fi nancial 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 fi nal consumers.There are fi ve 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 fi nancially as well as being among largest investors in real estate development.“Both parties will become benefi ciaries but more importantly low and middle class employees from public and private sector, who

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 benefi ciaries.The parliamentary committee insisted on the TMRC to ensure the housing fi nance benefi ts the needy and evade greedy businesspersons from meddling with the project for personal gains. “TMRC should enhance awareness creation to all citizens on the benefi ts of the project for their wellbeing,” he added.For years Tanzania has been without the mortgage fi nancing system, compelling majority people to opt the most diffi cult alternative of building houses incrementally through own savings. The parliamentary committee challenged TMRC to consider possibility of lowering cost of fi nance 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: DailyNews Tanzania. 3rd April 2012.

Mortgage fi rms to team up with pension schemes

Page 23: The Darproperty

* Easy navigation * Featuring top Agents 

 Featured Agents 

TZ Real Estate Agents Ltd

Dar’s Premier MLSPublished by Darproperty

www.darproperty.co.tz

To be listed contactDarproperty Tanzania Co.

P.O.Box 105499 Dar es Salaam - Mikocheni B, Bima road.+255 784 238 962, 713 751 868,

[email protected]

Page 24: The Darproperty

The DarProperty May-June 201224

Details NOT Warranted.

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

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

TS647-MSASANI BEACH1 BEDROOM HOUSE,2 WASHROOMS, FURNISHED,POOL,GENERATOR USD 145000

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

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

TS640-SINZA3 FLOOR BUILDING,5 ROOMS,2 OFFICES, PLOT SIZE 290 SQMTSH 500 M.

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

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

TS637-MBWENI JKTPLOT OF 1500 SQM,CLOSE TOIMPORTANT FACILITIES LIKE WATER,ELECTRICITY,IDEAL FOR RESIDENTIAL USETSH 130 M

TS644-MBAGALA INDUSTRIAL AREAPLOT OF 2 ACRES, IN AGOOD LOCATIONUSD 1.5 M

TS642-MBAGALAPLOT OF 2 ACRES,WITH 72 ACRES,WELL FENCED LOCATED AT IDUSTRIAL AREAUSD 2.5 M

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

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

TS631-KIGAMBONI PLOT OF 2.5 ACRESWITH LONG STRETCH OF BEACHACCESS,3 BAMBOOS HOUSE,3 CONTAINERS NOT AFFECTEDBY KIGAMBONI SATTELITE CITY .USD 500000

TS632-TANGA PLOT OF 70 ACRESOF AGRICULTURE,22 KMFROM TANGA CITY,SITUATED NEAR SIGI RIVER.USD 250000

TS633-BAGAMOYOPLOT OF SQM 3800,SECOND FROM BEACH ,WITH 3 HOUSES, SHOPSTSH 500 M

TS634-BAGAMOYOBEACH PLOT OF 6 ACRES,IDEAL FOR HOTEL /APARTMENT BUILDINGUSD 510000

TS629-TABATA SEGEREA 4 BEDROOMS HOUSEWELL FENCED,TARMAC ROADTSH 250 M

TS630-KIGAMBONIHUGE PLOT 0F 100 ACRESIDEAL FOR ESTATE DEVELOPMENTUSD 1.7 M

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

Page 25: The Darproperty

The DarProperty May-June 2012 25

Details NOT Warranted.

TZ Real Estate Agents LtdProperty you can trust, your search ends with us

7th floor Amani Place, Ohio Street+255 756 960960, +255 714 444250

www.TZrealestate.co.tz

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

TS657-TABATA2 HOUSES IN APLOT OF 3 ACRES,ALL SERVICES ARE AVAILABLE TSH 600 M

TS648-JANGWANI4 BEDROOMS HOUSE,2 ARE ENSUITE,SERVANT QUARTER,PAVED COMPOUND,GARDEN. USD 280000

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

TS653-MBEZI BEACH A BRAND NEWBEDROOMS HOUSE,ALL ARE EN-SUITE,STAFF QUARTERIN A PLOT OF 1500 SQMUSD 500000

TS652-MBEZI BEACHA BRAND NEW DOUBLE STOREYHOUSE,4 BEDROOMS ALL ROOMSARE ENSUITE,STAFF QUARTER,IN A PLOT OF SQM 1500.USD 500000

TS659- TEGETA3 BEDROOMS HOUSE,BUILT UP AREA SQM 150,PLOT OF 1200 SQMTSH 90 M

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

TS604-MBEZI KIMARA 8 ACRES,LAND IDEAL FOR SCHOOL OR LOWCOST HOUSESUSD 200000

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

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

TS658-MANDELA ROADPLOT OF 8 ACRES,TATMAC ROADUSD 9.5 M

S656-MANDELA ROADPETROL STATION 8 PUMPS,DIESEL TANK 60,000 LITRE ANDPETROL TANK 40,000 LITRE,SHOPS,YARD, IN APLOT OF 4200 SQMUSD 4 M

TR1065-OYSTERBAY 15ROOMS,PARKING,GUEST WING, STAQUARTER, IDEAL FOR OFFICE FOR RENTPRICE 12000 USD

TS660-TEGETA3 BEDROOMS HOUSE,PLOT OF 700 SQM,WELL FENCED,NICE LIVING AREA,DINING,KITCHEN.TSH 150 M

TS661-SINZACOMMERCIAL BUILDING WITH 20 FRAMES/SHOPS IN A PLOTOF 3500 SQM,IDEAL FOR PETROLSTATION,HUGE COMMERCIALBUILDING,RIGHT ON TARMAC ROAD.USD 2.7 M

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

TS665-REGENT ESTATE2 VILLAS IN ONE COMPOUND,BOTH 4 BEDROOMS,FURNISHED,SWIMMING POOL,GENERATOR,PLOT SIZE 2000 SQM USD 1.5 M

Page 26: The Darproperty

The DarProperty May - June 201226

Place your Classifieds here for FREE

[email protected]

1 storey house for sale 4 bedrooms 2 self contain, house @ masaki peninsularwith fenced and a big plot size 1400sqmPrice: $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 180mcall 0716 856 454 2 ensuite @ $ 450,000 each.Premium plot 4 sale at mbezi beach,Price usd 80,000/=call/sms 0712-222905

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 msasani3 bedroom, @ 1500 pm

Furnished 2 rooms Apartment@Mikocheni B, well fenced, generator, fully hours security, parking, balcon, tarmac road, USD 1600.Mob:0756960960, 0714444250

Ocean front executive 4 rooms Villa,@Kawe Beach, pool, gym, generatorAccess tarmac road, quiet area.USD 3500Mob:0756960960, 0714444250

Lovely apartment fully furnished, @Masaki, 3 rooms, pool, parking, gym, ocean view, Tarmac road, in a conducive environment with fresh air.USD 2000Mob:0756960960, 0714444250

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, having4 Bedrooms, 1 Study Room, 2 Sitting Rooms1 Dining Room, 1 Kitchen, 4 BathroomsBackyard 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 B4 Rooms, parking, access road, lovely gardenwell 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 MbeziBeach close to Massana Hospital.+255-756-888711/255-786-777234/+255-713-275447.

A four Bedroom House, located at kunduchinear by jeshini is for rent. 600,000 per month0756 189 770

Office to let @ OHIO Street, more than 30sqm, All services are available$18 - $22 per sqm.Call 0658 300 969, 0686 306969

Office space @City centre 770 sqm@10 USD per sqm, 4 parking spaceQuiet area for office purposesMob:0756960960, 0714444250.

Plot For Sale House For SaleHouse To Let

Office To Let

Apartment

400 sqm commercila plot @ Mbezi beach overlooking bagamoyo road Price: $850,000Call 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 $800,000Call 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 andElectricity 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 99yearsJust 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 thebeach at Luchelele Mwanza. The plots are ideal for hotels/residences strategicallylocated 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 1.8milCall 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.

1125 sqmeter, block 20,@kigamboni with clean tittle deed, ideal forresidential or commercial, like bank, supermarket, apartment, hoteletc. on tarmac road on the way to fun city. call +25582 193570.

CLASSIFIEDS

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The DarProperty May - June 2012 27

Photo & companyestate agency

0786-9624440715-2807700754-280770

[email protected]

Apartment for sale at Msasan peninsula,4bedrooms apartment fully furnished, Standby generator,big swimming poolPRICE $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 offi ce 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 gardenPRICE $3000

House for leas Msasani peninsulaHouse in compound, double storied house,plenty of water,24 hours security Standby generatorPRICE $5000 per month.

6bedroom House a Mikocheni Double storied houseideal for offi ce,big compound Nice gardenPRICE $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 fencedPRICE 1milion usd

Real Estate

Estate at Will, is an estate of indefi nite 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 fi nancing device that would better meet the needs of the homebuyer than the straight or term of fi xed rate mortgages varies from fi fteen to forty years. The most popular fi xed 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 [email protected]

REAL ESTATEThe ABCs of REAL ESTATE MARKET

CLASSIFIEDS

Page 28: The Darproperty

The DarProperty March - April 20122The Darproperty magazine www.darproperty.net

GOLDBERG COMPANY LTDReal Estate & Mining TradeP.O. Box 22159 Dar es SalaamOld Bagamoyo Rd, Mikocheni B,0715 270 5170754 270 [email protected]. goldbergtz.com

GOLDEN LAND SHELTER LTDSokoine RoadP.O BOX 12067, ArushaTel +255 27 2507625

HAMPTONS PROPERTIES TZHAIDERY PLAZA - 1ST FLOORUPANGA/KISUTU STREETP.O.BOX 6547 [email protected],[email protected] 204083/ 0784 323133

H & R CONSULTANTS LTDPPF Towers, Garden/ohio streetP.O BOX 70703, Dar es salaam.Tel +255 22 2130073

IMAGE PROPERTIES & ESTATEPugu road, Quality Plaza2nd Floor West WingP.O BOX 70117, Dar es SalaamTel 255 22 2862 092Mob +255 777 420675Email: [email protected]

KATIGA HOUSING EXPERTSP. O. Box 65490 Dar es SalaamTanzaniaTel:+255 2270 1915Cell: +255 764 763 186/+255 658 763 186Email: [email protected]/[email protected]: www.katiga.co.tz

KNIGHT FRANK International House 3rd Floor,Garden Avenue.P.O BOX 9333,Dar es Salaam.Tel +255 22 2113300

ABLA ESTATE DEVELOPERS & AGENCY CO.LTDMikocheni Opposite Shoppers PlazaP.O BOX 3810, Dar es SalaamTel +255 22 2772506E-mail: [email protected]

AFRICA PROPERTY LIMITEDOld Mwenge Rd, Agip HouseP.O BOX 32822, Dar es SalaamTel +255 22 2771834Mob; +255 784 781242Email: [email protected]

AMBASSADOR REAL ESTATE AGENCYSinza Palestina - CCM bldgsP.O. Box 62067 Dar es SalaamMob: +255 784 252741

BRIDGEWATER CO. & REAL ESTATELocation - Chole rd 516 Masaki0719 622 9980784 607 160

CITY PROPERTY LTDNkrumah StreetP.O BOX 831 Dar es salaamTel +255 22 2116646Mob +255 754 375967Email: [email protected]

COMFORT ZONEPlot 22/7 Kaunda RoadP.O BOX 31010 Dar es Salaam+255 773 805 360Email: [email protected]

ESTIA Maktaba business square parkP.O. Box 23347 Dar es Salaam+255 753 [email protected]

GIMCO ESTATE AGENCY LTDSamora Ave, NIC Investment Hse,P.O BOX 8382 Dar es salaam Tel +255 22 2120988Mob +255-784 900041

LYELYE CO. LTDSinza makaburiniPlot No. 5 Block AP.O.Box 72814 Dar es Salaam0784 [email protected]

MY BEACHOld Bagamoyo Rd. opp Yuasa auto impexP.O BOX 105200. Dar es SalaamTel; +255 22 2701710

PHOTO & CO.ESTATEKahama Road/Msasani peninsulaP.O BOX 105121 Dar es Salaam.0786 962 444Email; [email protected].

Property Consultancy & Services Ltd2nd Floor Kevin House - Samora AvenueP.O BOX.7152 - Dar Es Salaam+255 22 2120402, +255 713 690 [email protected]

PROPERTY SOLUTIONS TZ LTD P.O.BOX 750 DARESAALAAMTel:+255717145273, +255755384070 Email:[email protected]

SAK SERVICESEstate Agent - Dar es SalaamMob: +255 787 591 [email protected]

SKYMARK REALITIES LTDZanaki st. - Alimanga bldgTel: +255 22 2 134422/33

TZ REAL ESTATE AGENTS LTDHead Office: 7th FloorAmani Place Ohio Street Dar es SalaamTel: +255 756 960-960/ 0714 444 [email protected]

Treld Company LtdP.O BOX 7656 Dar es SalaamLocation Msasani Peninsular off toure drive+255 732 222 888, +255 716 777 [email protected]

Real Estate Agents Directory

List your Company here send details to [email protected]

Page 29: The Darproperty

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

Design & InstallationGAZEBO, CAR SHADES & ELECTRICAL GATES

Worry FREE

Money Back

Guarantee

www.darproperty.net

Page 30: The Darproperty

LIFE

AUTO

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 725Email: [email protected]

AUTO

ENGINEERING

Page 31: The Darproperty

The DarProperty March - April 20122 The DarProperty March - April 2012 23

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Page 32: The Darproperty

The DarProperty March - April 20122

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