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The Darproperty - March 2015 | 1

The

Issue No 37 | ISSN 1821-7753East Africa’s Ultimate Property GuideApril 2015

www.darproperty.net FREE

COPYwww.darproperty.netFRFRF EEEEECOPOPO Y

Featuring Properties from Tanzania & Kenya

The premiere

in MWANZA

SHOPPING CENTER

SEE SANITARY WARE SPECIAL CENTER PAGE

CALL US NOW!

+255 762 545 866 +255 684 425 142

NEWLY BUILT APARTMENTS AND VILLAS FOR SALE AND FOR RENT PROPERTY FEATURES: Ocean views or Private beach, Swimming pool, Modern kitchen appliances, Fully equipped gym, Air conditioning, Standby generator, 24hrs Elevator, High-end Security & CCTV cameras, Electric fence, Ample parking yard, DSTv connection, 24 hour Management service !

THE REEF APARTMENTS OCEAN WAVE APARTMENTS THE REEF APARTMENTS THE REEF APARTMENTS OCEAN WAVE APARTMENTS OCEAN WAVE APARTMENTS

LOCATION: Msasani Dar es Salaam, Old Bagamoyo Road, Plot 77B/2 (near Msasani Beach Club)

LOCATION: Msasani Dar es Salaam, Old Bagamoyo Road, Plot 389/1 & 2 (opposite JKT)

A MODERN AND SECURE HOME WITH A STUNNING VIEW

��

Email: [email protected] Email: [email protected]

Livingstone/Amani St. - KariakooAdamas Residence 4th Floor.

Amani St.

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6 | The Darproperty - Feb 20156 The DarProperty September 2013The DarProperty March - April 20122

Dar Es SalaamSlipwayJ. D. PharmaciesAirport Terminal 2All Shopping MallsVillage SupermarketNHC - Head QuarterScholastica Book ShopsAll Novel Idea Book ShopsPremium Super MarketsBundu Shop - Southern Sun Oysterbay Shopping CenterNakiete Pharmacy - MwengeHome Shopping Center Renowned Hotels & OfficesTanzania Investment Center (TIC) All Major Real Estate Agents

Arusha Mt Meru Hotel Ngurdoto Hotel Kibo Palace Hotel Impala Hotel Naura Spring Hotel Themi Suites Njiro Complex TFA Complex New Arusha Hotel Naazi Hotel Barista Cafe All Major Banks Woolworth Stores JJ black Stores Snow Crest HotelSmart Choice SupermarketsShoprite Supermarket

PublisherDarproperty Tanzania

Editor In ChiefLarson Chumi

[email protected]

Business Development & ProductsAbdallah Mugasa

Designs & Layouts Dennis Maunga

[email protected]

Marketing & SalesMichael Francis

[email protected]

DistributionBoniface Metta

Online Content ManagerMbwana Mbura

Key Accounts ManagerBrenda Ndashuka

Finance Administration ManagerErick Kessy

Public Relation OfficerMaria Urassa

Accounts ExecutivesGrey Mateni

Faraji Senkoro

Office Assistant.Brigita Laurance

Regulatory & Legal AdvisorsABC Attorneys

Mikocheni B - Bima road,P.O. Box 105499 Dar es Salaam

+255 22 2780 517+255 784 238 962,+255 713 751 868

[email protected]

DistributionShould you have problems in obtaining copies of DarProperty

Magazine, please contact+255 713 888 036+255 717 270 791

For Comments, Complains & [email protected]

Country Director - KenyaXavier Nanchengwa

ZanzibarChavda HotelDhow PalaceBeyt al Chai HotelZanzibar Coffee HouseMtoni Marine HotelZanzibar CaféStone Town CaféDiplomatic SupermarketTembo House HotelMaru Maru HotelZanzibar Serena Hotel

NairobiSarova Stanley HotelNairobi Serena HotelSarit CentreThika Road MallOil LibyaJava Lounge CafesVillage MarketJunction MallKempinski HotelHilton HotelMega MallReal estate agent OfficesRenowned Restaurants

This magazine is registered by the government of United Republic of Tanzania under the newspaper Act no. 3 of 1976 and the Postmaster General. Registration No. 00005562

AVAILABLE FROM:

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

Disclaimer

8 | The Darproperty - March 2015

At this point, you need to look inwardly to first understand your own real estate business strategy. Are you a risk taker? Are you risk averse? Are you looking for a joint venture with a land owner or do you want an outright purchase, and most importantly what is your real estate budget? This will guide you to a general direction on the map. Hallelujah? Not yet! There is still some more work to be done. Get good consultants and don’t be shy to pay them. So yes “mkono mtupu haulambwi”. It’s entirely ironic to be ready to loose say USD 100 million on a project, because you refused to have consultants on board and “risk” paying them USD 1 million in fees. In the real estate consultancy world if you pay peanuts, you get monkeys! Or worse still get a professional quack, who you consult in his free time, when he is not deejaying at your local pub. I say unto you, if he quacks like a duck then he’s probably a quack…pun intended.

On your map, as the pockets start becoming clear to you, categorize them and assign color schemes to show level of hotness. Of course red will be the hottest. Or Yellow? Like the sun? I digress. Take a day’s drive around the area to get a good feel of it. You should be alert for available infrastructure especially roads. If you can’t see any roads look out for power lines, rule of thumb is that the road

The outskirts of Nairobi, which I can loosely define as a 20 kilometer radius buffer around Nairobi, presents the best

opportunity, especially for first time serious developers. There are three things that matter in property: location, location, location and in my view the secret lies in the value of land. The further away from the CBD the higher the supply of land hence the lower the value. The hawk-eyed, savvy investor should spend less money in purchasing the land and spend more time in creating value for the property. I know time is money, but its value is definitely lower than value of land. Anyway, within the defined buffer it also requires a sizeable piece of land preferably more than 100 acres.

Areas that come into mind are the stretch of Thika Super Highway till Thika Town; Mombasa Highway till Machakos; the Nairobi-Nakuru Highway till Limuru; and Magadi Road till Magadi Town. But that is not Nairobi, you wonder. I know. The real deal is formulating concentric circles touching all these roads. Pull out the map of Nairobi and its environs, do a rough pencil sketch. Pockets of real estate begin to emerge. For the lazy ones, I will do the Hot Spots Map in the next month’s edition of The Darproperty Magazine.

will follow later and afford you some coins in value appreciation, for those who indulge in speculation unapologetically.

In part 3 of this article, in next month’s issue, I will share my Nairobi hot-spot map and demonstrate how you can identify specific target areas for a good opportunity. The lazy ones are allowed to copy the hell out it!

Morris OmolloProperty ConsultantRegistered & Practicing Valuer and Estate Agent in Kenya [email protected]

THE PROPERTY HOT SPOTS IN NAIROBI, KENYA

(PART 2)

Real Estate


Do not take chances with yourReal Estate Investment.

Go for TBS approved products.

Tanzania Bureau of Standards -TBSUbungo, Morogoro / Sam Nujoma Rd

P.O. Box 9524 Dar es Salaam, TanzaniaTel: +255 22 245 0298 | +255 22 245 0206

Fax: +255 22 245 [email protected] | www.tbs.go.tz

We approve standards of all kinds of building materials.From Institutions and Individuals.

12 | The Darproperty - March 201512 | The Darproperty - March 2015

Ample Parking

24 HRS Security

Easy Access

Standby Generator

The Showroom is Ideal for Banks,

Financial Institutions,

Corporate Offices.

SHOWROOM @ NYERERE ROADNEXT TO OMAR PACKAGING LTD

BEFORE VICTORIA PETROL STATION

2 Storey - G + 1+1

Warehouse

SHOWROOM & GODOWN FOR RENT

Call+255 754 780 148 | +255 715 622 344 | +255 22 2130601

GODOWN FOR RENTMBAGALA RANGI TATU

Call:+255 754 780 148 | +255 22 2130601 | +255 715 622 344

2900 SQM each Godown7 kms from town

Has 5 warehouses - 14500 SQM in totalIdeal For Bulk Cargo storage with open space 7,000m2

2 Office blocks with two residential appartments

Price:

Ksh. 16 M

th4 Floor, Nginyo Towers, Koinange St.

Tel: 020 222 5338, 0735 126 839, 0726 790 685, 0728 992 531P.O Box 19018-00100, Nairobi

Email: [email protected] Website: www.lionsproperties.co.ke

CHESAN APARTMENTS are elegantly designed 3 bedroom luxury apartments located in

Kileleshwa along Gatundu Road. It comprises of 56 units

within an acre of land.

KILELESHWA

ChesanChesanAPARTMENTS

Starting at

3 Bedroom master en suite with SQ


“Mwanza’s most leading property agent”+255 767 245 779

www.mwanzaestate.co

4 Rooms Air condition Coference hall Strong roomKitchen Ideal for Banks

3 Bedrooms 4 Bathrooms Lake view Ample parkingGround store Safety guarateed

4 Bedrooms 4 Bathrooms Conference hall Huge parkingNear main road Balcony

5 Bedrooms Ample parking150sqm Hall Near to townIdeal for official use

5 Bedrooms Near main road/airport Renovations on tenants requests

3 Bedrooms 2 BathroomsFenced Reserved water tankParking

2 Bedrooms 2 BathroomsFurnished Amazing lake viewAmple parking 24hrs security

3 Bedrooms 4 BathroomsHot water BalconyParking Brand new

1493 Sqm Servant quoterPrime location2 Houses, 3 bedrooms each

4 Bedrooms 850 SqmFenced Prime location

1 Acres Lake shore plotAccessibleNear Jembe Beach

Unfinished house for sale3 bedroomsKitchen & dinning

OFFICE FOR RENT FOR RENT - Nyamongolo FOR RENT - Capri point FOR RENT - Capri point

FOR RENT - Rumala FOR RENT - Capri point FOR RENT - Bwiru FOR RENT - Bwiru

FOR SALE - Capri point FOR SALE - Bwiru

PLOT FOR SALE - Luchelele FOR SALE - Buhongwa

$2500 $600 $1500

Tshs.1200,000/-

$400

Tsh. 625,000/= $600$800

$1500

Tsh. 290m

$380,000 Tsh.400m

Tshs. 20m

$2500

TOURIST LODGE - FOR SALE Luchelele

18 Hectares of regenerated forest with a over one kilometre of waterfront located on the shores of Lake Victoria, TanzaniaLodge is located approximately 15 km south of Mwanza, on a peninsula with over one km of waterfront.The property can be accessed by both road and boat. Land next door to the Lodge has been allocated for a golf course.


Whether you’re an adventurous person, a DIY expert or simply a persnickety home buyer, the thought of building

your own home might be a thrilling prospect. After all, when you choose to build your own abode, you get to call all the shots. That means you can determine the precise layout, dictate the exact number and type of rooms, handpick all the finishes and even add an indoor pool, an aquarium wall or a stairway slide, for that matter. Perhaps that’s why 18% of surveyed home buyers custom-built their own home, according to studies.

While building a one-of-a-kind home from the ground up may sound exciting, financing such a major undertaking is an entirely different story. Obviously, the majority of home buyers don’t have enough money tucked away to cover the construction costs of their custom home – which means they’re going to need a loan. Unfortunately, landing a loan for a self-build project is easier said than done.

If you’re considering building your own home, here are a few things to keep in mind as you search for a loan.

A Standard Mortgage Loan Won’t Do the Trick

For buyers purchasing an existing home, it’s relatively easy to get approved for a conventional mortgage, as long as they have good credit and reliable income. On the other hand, it’s virtually impossible to score traditional financing when you’re building your own home. Why? Think of it this way: You’re basically asking the lender to shell out money for something doesn’t exist yet. To make matters worse, construction is a risky process, and lenders don’t like risk.

Seek Out a Construction Loan

If you plan to self-build, you’ll need to pursue more specialized financing avenues. Enter the

construction loan. Sometimes called a self-build loan, a construction loan is typically a short-term loan (usually three-year maximum) used to cover the cost of building your home.

These loans generally have variable rates that are higher than traditional mortgage loan rates. Once construction on your house is completed, you can either refinance the construction loan into a permanent mortgage or get a new loan to pay off the construction loan (sometimes called the “end loan”)

Get Ready to Lay Lots of Groundwork

As you gear up to apply for a construction loan, you should probably do some serious stretching. These loans require a ton of legwork on the borrower’s part. You’ll need to jump through numerous hoops to prove your home-building project is real, viable and relatively low-risk for the lender.

Getting A Mortgage When Building Your Own Home


For most construction loan applications, you’ll need to provide the lender with a project timetable and a realistic budget. You’ll also need to supply a comprehensive list of construction details, including everything from floor plans and the type of building materials to insulation and ceiling heights. (Experienced builders typically create a “blue book” that includes all of these details for a home-building project.)

Prepare for a Sizeable Down Payment

At a minimum, most lenders require a 20% down payment on a construction loan, and some require as much as 30%. Why are the down payment requirements so high? Because construction loans are viewed as “higher risk” than a traditional mortgage loan, and the lender wants to ensure you don’t walk away from the project.

Know Where You Land

If you don’t already own the lot where you plan to build, the cost of the land will need to be included in the overall amount of the construction loan. If it’s financially possible, try to pay for the land upfront. Otherwise, you’re going to have make a much larger down payment to qualify for the construction loan.

Work With a Qualified Builder

To gain approval for a construction loan, you’ll need to prove you have a qualified builder involved in the project. A qualified builder is usually defined as a licensed general contractor with an established home-building reputation.

If you intend to act as your own general contractor or build the home yourself, this presents a unique challenge – and you

likely will not be approved for a standard construction loan. In this scenario, you may want to turn your search to owner-builder construction loans. In today’s housing market, it can be tough to qualify for these type of loans; but it is possible if you provide a well-researched construction plan that demonstrates your home-building knowledge and abilities. Don’t forget a contingency fund for unexpected surprises.

The Bottom Line

While building your own home from the ground up can be an extremely rewarding process, landing a construction loan is no walk in the park. To increase your chances for approval, put together a detailed project plan, get a qualified home builder involved and save up enough money for a large down payment before you apply.

Ami Bell


CONTACT US:+255 22 2181918. +255 22 2181941, +255 784 440272, [email protected]

Plot No. 84/36G Rashid Kawawa Road Opp. Biafra Play Ground Kinondoni

FEATURES: OfficesFully furnishedSwimming pool Modern kitchen appliances Fully equipped gym Air conditioning Standby generator Elevator 24hrs Ample parking DSTv connection High-end security & CCTV cameras 24 hour Management service

Make yourself at Home, Samsa Real Estates offers a personally inspected selection of privately owned,furnished accomodations for rent which includes everything quality,

heritage stlyed homes to luxury downtown apartments.

real estate ltdsamsa

“Where customer needs are fulfilled”

+255 756 012 987 | [email protected]

We’ve Made it Easier & Simplerwith US.

Ratesas low as8.5% p.a

Looking for a Mortgage

that suits YOU?


CONTACT US:+255 22 2181918. +255 22 2181941, +255 784 440272, [email protected]

Plot No. 84/36G Rashid Kawawa Road Opp. Biafra Play Ground Kinondoni

FEATURES: OfficesFully furnishedSwimming pool Modern kitchen appliances Fully equipped gym Air conditioning Standby generator Elevator 24hrs Ample parking DSTv connection High-end security & CCTV cameras 24 hour Management service

Make yourself at Home, Samsa Real Estates offers a personally inspected selection of privately owned,furnished accomodations for rent which includes everything quality,

heritage stlyed homes to luxury downtown apartments.

real estate ltdsamsa

“Where customer needs are fulfilled”

+255 756 012 987 | [email protected]

We’ve Made it Easier & Simplerwith US.

Ratesas low as8.5% p.a

Looking for a Mortgage

that suits YOU?


A double storey GUESTWING in a secure and neat compound. Living Room, Dining Room, 2 Bedrooms, 2 Bathrooms (1 Ensuite), Cloakroom & Kitchen.

A spacious double storey house on ½ acre in this secure residential area.

Bedrooms, Cloakroom & Kitchen. Garage, 2 Staff Rooms.

MUTHAIGARUNDA MIMOSA TO LET: )egrahc ecivreS( =/000,5.shsK .htnom rep =/000,041.shsK

Ref. 52

TO LET:Kshs.400,000/= per month.

Ref. 69

A delightful and beautifully presented double storey house set in ½ acre of

Bedrooms, 4 Bathrooms (2 Ensuite), Cloakroom, Kitchen & Terrace. Garage, Generator Room, Laundry Room, 3 Staff Rooms.

A 0.5 acre plot located in this secure & developed part of Runda Estate.• Level plot.• Services available.

A modern and secure FOURTH FLOOR APARTMENT conveniently situated in a development of 15 at the junction of Kabete Lane & General Mathenge. Lounge, Dining Room, 4 Bedrooms, 3 Bathrooms with bide (2 Ensuite), Cloakroom, Kitchen & Utility Room. Swimming Pool, Inverter for power backup, 1 DSQ, 2 Car Parks.

A prime FREEHOLD plot for development of MULTISTOREY FLATS. – 0.759 ACRE. There is a delightful old style house which will sadly be lost.

RUNDA – RUAKA DRIVE

RUNDA – BENIN DRIVE

LOWER KABETE – OFF GENERAL MATHENGE DRIVE

LAVINGTON, OTHAYA ROAD

FOR SALE:Kshs. 93 Million.

Ref. 59

FOR SALE:PRICE GUIDE:Kshs. 42 Million.

Ref. 12

FOR SALE:Kshs. 38 million.

Ref. 47

FOR SALE:PRICE GUIDE Kshs. 250 MILLION

(Offers Invited)Ref. 73

A FREEHOLD plot of 0.786 OF AN ACRE with an old style house. AN IDEAL PLOT FOR THE REDEVELOPMENT OF TOWNHOUSES.

LAVINGTON, O WASHIKA ROAD

– OFF ISAAC GATHANJU ROAD

FOR SALE:PRICE GUIDE: Kshs. 190 Million.

(Offers Invited)Ref. 74

Located close to the Sarit Centre, the CBD and schools, a spacious DUPLEX in a secure compound. Living & Dining Room, Family Room, 4 Ensuite Bedrooms, Cloakroom, Laundry Room & Kitchen. Can be sold fully furnished.

A well presented double storey house on 1 ACRE of mature garden in

6 Bedrooms, 5 Bathrooms (4 Ensuite), Kitchen & Cloakroom. Double Garage, Laundry Room, 2 Staff Rooms & Sauna. AVAILABLE 1ST SEPTEMBER 2014.

WESTLANDS FOR SALE:Kshs. 45 Million.

Ref. 77

RUNDA TO LET:Kshs.350,000/= per month.

Ref. 52

A cozy house on ½ acre of mature garden in this secure part of Runda Estate. Living Room, Dining Room, 4 Bedrooms, 2 Bathrooms (1 Ensuite), Kitchen & Study. Includes 2 Ensuite Guestrooms.

RUNDA – OFF RUAKA ROAD

FOR SALE:Kshs. 100 million.

Ref. 10

A double storey house in a development of SIX each with private compound. 2 Living Rooms, Dining Room, TV Room, 4 Ensuite Bedrooms, Study, Kitchen (includes dishwasher, electric oven, hob and extractor). 1 Staff Room.

LOWER KABETE FOR SALE:Kshs. 80 Million.

Ref. 48

A stunning 10.4 acre Freehold plot on Miotoni road, close to the Ngong Road junction. Masses of beautiful trees and an old double storey house. Frontage to a dam. A VERY IMPORTANT DEVELOPMENT SITE.

FOR SALE:Price Guide Kshs. 640 Million (Offers Invited)

Ref. 104

KAREN, MIOTONI ROAD


Kitchen Cabinet | Home Furnitures | Office Furnitures | Wardrobes & Cabinets | Interior Design

Luxury LivingCall: +255 768 380 680 | Showroom: +255 222861661

Visit our showroom at DL Plaza along Pugu rd, near TATA showroom.

[email protected] | www.visionfurniture.co.tz

REAL ESTATEThe ABCs of REAL ESTATE MARKET

Offi ce Park. A planned development specially designed for offi ce

building and supportive facilities, such as restaurants, some offi ce

parks, such as research Park or a medical services park, are designed

to attract specifi c tenants.

Example: After several large corporations located in the new offi ce

park, the park became a major employment center for the city.

Paint to Paint. Term often used in a CONDOMINIUM or Co-OP

apartment complex to describe exclusive ownership boundaries. The

unit is owned from the inside walls that are attached to other units. The

complex as a whole owns the walls that separate the units.

Example: Because the condominium owner`s property boundaries

were paint-to-paint, the individual owner was not responsible for a

pipe that burst within the walls that separated the units.

Prime tenant. In a shopping center or offi ce building, the tenant who

occupies the most space. Prime tenants are considered creditworthy

and attract customers or traffi c to the center.

Example: Huntley is developing an offi ce building with 20,000 square

metre of leasable space. Of this 10,000 square metre are preleased

to Diesel International LTD the prestige of the prime tenant allow

Huntley to obtain fi nancing and prelease the remaining space to other

tenants.

Encroachment. A building, a part of a building, or an obstruction that

physically intrudes upon, overlaps, or trespasses upon the property

of another.

Encumbrance. Any right to or interest in land that affects its value.

Includes outstanding mortgage loans, unpaid taxes, easements, deed

restrictions.

Example: Encumbrances on a certain property include 3 mortgages, 4

leases, a mechanic`s lien, and a deed restriction preventing the sale

of alcoholic beverages on the land.

LAND FOR SALE - KARATU

4 PLOTS TOTALLING APPROXIMATELY 600 ACRES OF LAND CLOSE TO KARATU TOWN.

VIEWS OF NGORONGORO CRATER RIM AND OLDEANI MOUNTAIN.

NEW SUB-TITLES. CLOSE TO KARATU TOWN

IDEAL FOR HOTEL / TOURISM, RESIDENTIAL OR INTENSIVE AGRICULTURAL.

NO AGENTS PLEASE.

CONTACT0787 133 947

[email protected].


A modern, self-sufficient housing complex in Msasanii, Dar es salaam. Each apartment

unit consists of 4 bedrooms ensuite. There is also an extra study/office room which can be used for any purpose. 2 rooms also have a large viewing balcony including access to the rooftop where you can have a view of the ocean.

LUXURY AMENITIES:

•24 hours security •Water •Household waste collection •Compound lighting •Gymnasium and swimming pool maintenance •Parking •Data and Intercom hardware maintenance •24 hours CCTV surveillance •Entrance video recognition •Guest Parking •Backup generator and maintenance

AMArate Residence

NOW AVAILABLE FOR RENT

+255 782 786 999/ +255 712 786 999 [email protected], [email protected]

OPENING SOONA modern office complex that is expected to be ready soon in the heart of the city. Adjacent to Morogoro Road, along the corner with Msimbazi. Be halfway to everywhere and escape the traffic to both Masaki as well as Nyerere Road.

Al-falahBUSINESS CENTER

+255 782 786 999/ +255 712 786 999 [email protected], [email protected]

Rest in Absolute Comfort

Experience LuxuryIn the heart of the Business District

NEW AVON HOTELThree delightful Accomodation choices to choose

from. Each room includes high speed WiFi and a

flat screen TV among other amenities. Choose

from a wide selection of delicacies from our room

service menu and bask in extreme relaxation at

the A1 Spa

0768 002866

0688 002866

0658 [email protected]

[email protected]


Non Partitioned

Partitioned

Regent Business Park

240 SQ M, 270 SQ M, 120 SQ M and 50 SQ M Available

Location: Behind Shoppers Plaza Mikocheni

+255 782 786 999/ +255 712 786 999email: [email protected]

World Class furnished apartments with an amazing view of the Indian Ocean located conveniently in the heart of the business district along Samora Avenue.

DETAILS AND AMENITIES:

• 3 and 4 bedroom Fully Furnished apartments• Panoramic Ocean view• Secure Parking• High speed elevators• 24 Hours Security• Common Area Surveilance • Near the Port• Standby Generator


OCEANFRONT SUITES

+255 782 786 999/ +255 712 786 999

[email protected]

+255 784 202 212/ +255 789 199 511

Akiba Commercial Bank has collaborated with TANESCO to help you power your life

or business through our Umeme Loans facility, created especially to help you realize your dream of a complete home or functioning business. Whether you are building your house and are already planning how you will get electricity connected, or are running a business housed at premises that are yet to be connected, or even local electrical contractors these loans will get you on the right track by ensuring a service line connection.Umeme Loans offers highly competitive advantages compared to what other banks have on the market.

Reasons to choose our Umeme Loans above any other• Our loans are easily accessible • A short processing time of not more than 7 days after receiving the introduction letter from TANESCO• Flexibility in choosing repayment terms which are typically 3-12 months• The loan facility is gateway for accessing other Akiba Commercial Bank services

We have made the registration process simple and clear-cutTo ensure we give you the best service under this loan scheme both we and TANESCO maintain a register for the purpose of tracking applications for both service line connections and contractors. TANESCO’s register is maintained at every regional branch office.

Our eligibility criteria for service line connection• We ask that you own the house intended for connection, and therefore provide documents evidencing ownership. If the property is rented the landlord must give consent.• You must have a reliable source of income to meet monthly repayments • You will also need cost estimates from TANESCO• Priority will be given to clients with good credit history

Our Umeme Loans start from TZS 500, 000 to TZS 2,000,000 with favourate terms and conditionsNote that for collateral, every facility will be covered by your security.

[email protected] www.acbtz.com0755 20 20 11 / 0655 20 20 11bank for your development

The world lights up for you with our Umeme Loans

Our eligibility criteria for contractorsWe ask that if you are a contractor you bring along an introduction letter from TANESCO accompanied with a copy of your contract with them. In addition, please include:• Collateral documents• Audited financial statements• Board resolutions, and• Management accounts You can enjoy a facility of up to TZS 500,000,000

So come in and talk to us today.

bank for your [email protected] www.acbtz.com0755 20 20 11 / 0655 20 20 11

“

Lloyd Jones LimitedViva Towers, second floor, suite 03

Ali Hassani Mwinyi roadP.o.Box 10705 Dar es Salaam

TEL: 255 22 210 3416+255 753 333 000

www.lloydjones.co.tz [email protected]

Arusha59 Haile Selasie Road,P.O. Box 1077Tel: +255 272543232+255 753 333 000

“Quality Is Not An Act It Is A Habit”Aristotle

We believe in Quality and deliver the same

EQUITY BANK | BANK M | BANC ABC | DTB BANK | EXIM BANK |

STANBIC BANK | NBC BANK | NMB BANK | KCB BANK | BARCLAYS BANK | TIB DEVELOPMENT BANK

With An Emphasis On Client Service, Our List Of Clients Continues To Grow

Specializing in valuation, advisory, and property management,we provide value-added and risk-averse solutions to a

wide range of property decision makers and stakeholders.

We at Akiba Commercial Bank, like everyone else, know your home is the most important

investment you will make in your life, and for that matter we want to help you make it as pleasant and livable as you would like. Starting from TZS 500,000 up to TZS 20,000,000 our Home Improvement Loans will help you change and enhance the look of your home today. Those sleepless nights spent gazing at an unfinished ceiling underneath a leaking roof over rooms surrounded by unpainted walls could just be coming to their end.

So what do our loans mean? Possibly many things, but to name a few… • They enable you to complete building your house • They make it possible for you to carry out vital repairs, or• Improve your home by replacing doors, windows, refitting your kitchen or add more roomsDo you qualify for these loans? Yes if…• Your age should be 18 years and above • You own a business that has been active for one year or more• You are the legal owner of the

property the loan is being requested forIt is very important that you also demonstrate the true ownership of the property by presenting all necessary and relevant documentation such as title deed, residential license, deed of sale etc.

By the way, you will have priority if you have a good credit history with Akiba Commercial Bank Plc or any other bank.

Live Your Dream with Our Home Improvement Loans

IMPROVEMENT LOANHOME

[email protected] www.acbtz.com0755 20 20 11 / 0655 20 20 11bank for your development




CLASSIFIEDS

3bedrooms, 2bedrooms, fully furnished,swimming pool, gym,

0765384239/ 0765283750

Mikocheni B - Bima road5 bedrooms, 2 bathrooms, 493sqm

200 Metres from the main tarmac road, +255 786 207 911

20 surveyed contiguos plots(medium density) Kerege Bagamoyodistrict, 1 kilometer off Bagamoyo rd.

suitable for housing estate0713 336 387/ 0762 122 328

School plot, 26,900SQM, adjacent to NationalHousing estate

Clean Title Deed.0713 336 387/ 0762 122 328

Newly BUILT RESTAURANT KUNDUCHI - SILVER SAND HOTEL & BEACH

4 bedroomsFenced, fully Tiled, Ample Parking Space of up to 4 cars

House can also be used for Office purposes

0713-458 858 / 0787-458 858

KUNDUCHI - SILVER SAND HOTEL & BEACH3 bedrooms, Fully furnished, Ample car parking,

24hrs security 300 mitres from indian ocean0653 885 509

Plot for sale in Kawe situated on themain road, 4,000sqm0786 904 360

ubungo

3 Acres - Ubungo Msewe0718 568 482/ 0758 325 491

SALE 700m

West K

ilimanjaro

1,000 Acre Farm located betweenMount Meru and Mount Kilimanjaro

0786 904 360.

sale $3,000,000

bunju a

One storey semi finished with 4 self contained bedrooms,1 en suite, office, study room, big living room,

1,475 SQM plot with clean 99 yrs title deednear st consolata complex

+255 759 339 495

Visiga - Kibaha Has Title Deed No.783108,907= SQM

0756 359529/0754 3665310754 013550/ 0767 010854

Four bedrooms Unfinished Housewith title deed and building permit.

0784 670 762

3 Bedrooms, Kitchen, Dinning, store, Tarmac road

SALE 250,000 Industrial Plot facing Morogoro Road,

completed with cement boundary wall andDawasco connection

0754 280 067/ 0754 286 067

kibaha visiga

mbweni m

piji

SALESALE 80,000,000

kigamboni

Rent $600

ubungo kibangu

3 Bedroom, 2 Bathroomsbehind Mzee wa Upako Church

0657 376496

SALE 150,000

2 Bedrooms (1 master on it)Natural fresh Air from Kimara hillsPLOT SQM: 400 ready to move in

0714 797 943 0757 442 620 0784 352 009

11/4 Acre 1 km from Morogoro rd.

0718 568 482 / 0758 325491

6989 sqmeter industrial plot Light Industrial area.

+255 789 234041 | +255 713 853369

LIST YOUR PROPERTY HERE FOR ONLYTSHS 30,000/= VAT EXCL.simply call 0767 200 202

[email protected]

kereg

e bagamoyo

RENT 450,000 pm

tabat

a relin

i

ubungo kibangu

kongowe

sale 50m

kawe bea

ch

RENT $1,800

sale $1,000,000

kawe

mikocheni

sale $1.5m

mikocheni b

RENT & SALE $2000

masaki

bunju

SALE $900,000 SALE $400000RENT $ 1700

SALE $2,500,000

tanita

kibaha

four bed rooms houseoverlooking the ocean on beachfront with three self-contained

and servants quarters with parking space and security.0784 630 182

KIMARA BONYOKWA

SALE $ 26,000

kunduc

hi

RENT $1400

kundu

chi

RENT $650 (NEGOTIABLE)

40 | The Darproperty - Dec 201440 The DarProperty August 2014

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

NIKUZE REAL ESTATE AGENCYMorogoro RoadP.O Box 10032 Dar Es SalaamTel: +255 789/754/715/ 363 800Email: [email protected]

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]

PRESTIGE PROPERTIESPhone: +255-713-764-447/ 0767471293Tel:+255-22-266-4373Email:[email protected]

TANGANYIKA ESTATE AGENTSVillage Walk, close to Sea Cliff Hotel+255 717 032 [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]

ARUSHA AWESOME HOMES AND PROPERTIES. Shanti House,Plot 58 Block E Sokoine RoadP. O. Box 249 Arusha, [email protected]+255 754 337 899 / +255 786 337 899

HOMES & PROPERTY AGENCIES LTDLand Surveyors & Property ManagersP. O.Box 10079 ArushaBoma Rd. Arusha0787 [email protected]

TANGANYIKA ESTATE AGENTSShoprite Complex,+255 785 984 467 [email protected]

ZIPO HOMESRivergardens Business Park, Rm 4P.O Box 20 Usa River, Arusha+255 787 474 580/+ 255 754 320 [email protected]

MWANZAESTATEMwanzaestate.com+255 714 245 [email protected]

Zanzibar - properties.comTel: +255 774 44 19 07Hotel Marine - Malindi Zanzibar

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

CHINESE PROPERTY AGENT TRANSLATORMsasani Road, MasakiEnglish Chinese TranslatorDealing with your chinese clientsms 0756 50 11 [email protected]

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

GOLDBERG COMPANY LTDReal Estate & Mining TradeP.O. Box 22159 Dar es SalaamOld Bagamoyo Rd, Mikocheni B,0715 270 517 / 0754 270 [email protected]. goldbergtz.com

HAMPTONS PROPERTIES TZHaidery plaza - 1st fl oorupanga/kisutu streetP.O.BOX 6547 [email protected],[email protected] 204083/ 0784 323133

NEW DAY PROPERTY AGENCY COMPANYMwinyijuma Road - Kinondoni,Room no.84, UVCC Complex+255 753 645 434, +255 717 035 552+255 767 575 758www.facebook.com/ raymond samson Laizer

KEY REAL ESTATE SOLUTIONSRegent Chwaku North UrsinoTel: +255 22 27016740715 053 803, 0786 053 803,0754 28 46 84mariam@keyrealestatesolutionstz.comwww.keyrealestatesolutionstz.com

Real Estate AgentsDirectory in Tanzania

DAR ES SALAAM ARUSHA

MWANZA

ZANZIBAR

ENHANCE YOUR VISIBILTY & CREDIBILITYGET LISTED HERE WITH YOUR LOGO

Tshs. 48,500/= Monthly / Tshs. 500,000/= Annually+255 784 23 89 62, 0688 75 18 68 | [email protected]

+255 756 960 960, +255 714 444 250, +255 752 444 606.

ARUSHA +255 653 005 530, MWANZA +255 653 005 535,

[email protected] TZREALESTATE.CO.TZ

chokoleinvestmentl i m i t e d

T h e U l t i m at e O u t d o o r S o l u t i o n s

Mikocheni, Garden Road, Dar es Salaam, Tanzania.+255 786 924373, +255 658 924 373

Worry Free - Money BackGUAR ANTEE

P R O F E S S I O N A L

Designers & Installers of:

Car Shades, Gazebo

Electrical Gates

& Umbrellas


ARUSHA chokoleinvestmentl i m i t e d


Mikocheni, Garden Road, Dar es Salaam, Tanzania.+255 786 924373, +255 658 924 373

Worry Free - Money BackGUAR ANTEE

P R O F E S S I O N A L

Designers & Installers of:

Car Shades, Gazebo

Electrical Gates

& Umbrellas


Mikocheni, Garden Road, Dar es Salaam, Tanzania.Mikocheni, Garden Road, Dar es Salaam, Tanzania.


P R O F E S S I O N A L P R O F E S S I O N A L

Designers & Installers of: Designers & Installers of:

Car Shades, Gazebo Car Shades, Gazebo Car Shades, Gazebo

Electrical Gates Electrical Gates Electrical Gates Electrical Gates

& Umbrellas & Umbrellas & Umbrellas & Umbrellas & Umbrellas & Umbrellas & Umbrellas

ACB....................................................32,33,34,35

ADAMAS RESIDENCE.........................................5

ADVETURE AND LEISURE..................................28

AFRICAN VILLAGE ESTATE..................................4

AST...................................................................24,25

AVIC..................................................................36,37

AXIS.......................................................................23

AZIMIO......................................................44,45,46

BANK OF AFRICA...................................................1

BERGER PAINTS....................................................11

CHOKOLE ............................................................41

FNB...........................................................................2

FOOD PLUS..........................................................42

JAMII MEDIA........................................................43

KAFKAS GROUP...............................................3,48

KENYA VALUERS.................................................22

LIONS PROPERTTIES..........................................13

LLOYDE JONES.............................................34,39

LONGONOT GATE.............................................24

MR. SANGA..........................................................39

MWANZA ESTATES..............................................14

PROPERTYWISE...........................................1,20,21

RBP...................................................................30&31

REMAX TANZANIA................................................7

RK CHUDASAMA................................................13

SAMSA..................................................................19

SECURE SEVEN......................................................9

TATU CITY.............................................................15

TBS.........................................................................10

VISION FURNITURE..............................................25

PATRON PAGE NO

PATRONS

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