The Tanzanian coastline, particularly in Zanzibar and around Dar es Salaam is witnessing a transformative era of growth with the addition of prestigious new developments, says Marilyn Mosha, director of Seeff Tanzania.
This coastal real estate boom is driven by a combination of a flourishing tourism industry, a rapidly expanding “Blue Economy,” and an influx of high-end real estate developments such as the prestigious Mango Tree Residences. It is located on the sought-after Msasani Peninsula of Dar es Salaam, and Seeff is delighted to market this extraordinary development.
Tanzania is home to one of the most beautiful coastlines, featuring pristine, white-sand beaches, mangroves, and coral reefs. The coastline is rapidly transforming with the rise of luxury resorts, high-end serviced apartments, and essential infrastructure projects. For investors looking to secure property along this beautiful shoreline, these shifts represent an ideal window of opportunity, she says.
The Msasani Peninsula is a prominent, affluent peninsula in Dar es Salaam featuring high-end residential areas, hotels, restaurants, and the popular Slipway shopping area. It is a premier hub with popular beaches (Coco Beach), upscale amenities, dining, and a vibrant nightlife.
She says this area attracts high-net-worth individuals, diplomats, expatriates, CEOs, and corporate headquarters. Property values have remained strong due to sustained demand, driven by the quality of residences and enhanced security due to the presence of diplomats and embassies.
The beautiful Mango Tree Residences development consequently offers a strong proposition which extends far beyond the luxury lifestyle on offer. It is considered a statement address and a solid investment opportunity with the potential for lucrative yields for the discerning buyer.
Mango Tree Residences by Mango Tree Developers
Developed by Mango Tree Developers, the project consists of multiple residential towers situated directly on the Indian Ocean. It seamlessly combines proximity to international schools, fine dining, shopping, and business hubs with modern architecture, stunning ocean views, and premium finishes.
It is located in one of Dar es Salaam’s most desirable coastal neighbourhoods. Residents will benefit from a comprehensive resort lifestyle with upscale amenities for modern coastal living in a secure, gated community with 24-hour security and CCTV monitoring.
The amenities include an infinity swimming pool, a fully equipped gym, and private beach access accompanied by oceanfront relaxation areas. There is also a children’s play area, ample parking, and a backup generator.
Mango Tree Residences offers luxury 1, 2, and 3-bedroom apartments in various configurations. These are fully air-conditioned with high-quality finishes, and offer a choice of sea or city views, or balconies.
Approximate starting prices range from USD 82,000 for one-bedroom units, from USD 150,000 for two bedrooms, and upwards of USD 195,960 for three bedrooms. To assist buyers, flexible payment plans and off-plan purchase options are available, as well as attractive early bird discounts.
Mango Tree Residences is a rare find in the upscale Msasani Peninsula, particularly as it is currently the only development on the peninsula which offers a prime beachfront location. When you add world-class amenities, robust security, and the strong reputation of the developer, she says the result is a project which provides unmatched value in the current market.
Mango Tree Residences appeals to a broad range of buyers and investors. It offers significant short-term rental and Airbnb investment opportunities with the potential for high rental yields, projected at around 8-10% annually.
This is an opportunity not to be missed, she says, whether you’re seeking high-quality apartments for the lucrative rental market or as a permanent residence. It is also ideal as a holiday or second home for international buyers seeking a prime coastal location.
It is also very accessible, under 40 minutes from the international airport with major international carriers offering daily flights from various destinations into Dar es Salaam.
With long-term capital appreciation expected as the Msasani Peninsula continues to grow, she says this quality development represents the perfect blend of luxury living and return on investment.
For more information, visit:
https://www.seeff.co.tz/results/new-development/residential/kinondoni/msasani/33793/
