The version of your browser is no longer supported. Update it for a better experience.

€ 523,000

12 room luxury Hotel for sale in Matemwe, Tanzania

€ 523,000
480 m² 9

Description

CHUNGA CHANGA A RESORT TO FALL IN LOVE WITH! Welcome to Muyuni Beach on Zanzibar, on the unique Indian Ocean. We are offering a beautiful small hotel resort for sale that has the potential to become your new home and your new business. Built in 2022, the property has a total living space of 480m² divided into 3 villas and offers a variety of amenities. With a total of 12 rooms, a garden, 3 balconies, 3 terraces, 9 toilets, and 9 bathrooms, this property offers plenty of space and comfort. Each villa has its own garden and a pool. There is also a small, fully equipped house for the hotel staff on site. Each villa is furnished with high-quality furniture and handcrafted Swahili-style decor. Hot water, electricity, and Wi-Fi are, of course, standard in each villa. Two of the villas have 140m² of living space, the third has 200m². Here you can make your dream of owning a hotel or other business come true. With Chunga-Changa Villas, you are acquiring an established, turnkey hotel complex with a well-established team of staff and a Booking.com account (rated 9.5 Exceptional) – completely worry-free. As a bonus, the current owner offers future support in every aspect of management or can provide a manager to run the business should the new owner not wish to run the hotel full-time. This is a great opportunity to invest in an ongoing business in paradise. The villas may also be available for individual sale. Hospitality, Hotels in Matemwe in Zanzibar Central, Tanzania, is a unique property that you shouldn't miss. With a purchase price of €600,000.00, it is an investment that will definitely pay off. The payback period under these conditions is only 5 years. The monthly income of the complex is between $8,000 and $12,000, depending on the season. Zanzibar is one of the most up-and-coming and profitable regions in the tourism sector. Anything but an insider tip, almost 600,000 tourists come to the island every year, with an annual growth rate of up to 25%. Tanzania also has a booming economy, with GDP growth of 7% annually – figures that Europe can only dream of. The annual increase in the value of land and properties over the last 10 years can be described as astronomical. Seize an opportunity that may not come again in this form anytime soon. If you would like more information or would like to arrange a viewing, please contact us. We will be happy to answer all your questions and help you realize your dream. Highlights and Details Each villa has: - Private pool - Separate entrance - 3 bathrooms - 3 bedrooms - Kitchen area - Balcony with stunning views of Mnemba Island! Commercial and staff buildings: - Fully equipped kitchen - Laundry - Staff quarters - 40m borehole with its own spring - Power generator. The agent acts as a double agent. The Chunga-Changa hotel complex is located in Matemwe, a town on the northeast coast of Central Zanzibar in Tanzania. It is a small resort with 3 villas, situated in a picturesque setting directly on the beach. The property faces east, so you can enjoy a beautiful sunrise over the Indian Ocean every morning. The location is ideal, as it is close to the beach and just minutes away from the area's best shops, restaurants, and attractions. All information has been carefully checked and verified by us; however, we cannot guarantee its accuracy, completeness, or up-to-date status. Brokerage clause: We expressly point out that in the event of a successful purchase, we will charge a brokerage fee of 3% of the purchase price. Due to the obligation to provide proof to the owner, as well as in accordance with the FAGG (Distance and Doorstep Selling Act) and the VRUG (Consumer Rights Directive Implementation Act), appointments can be arranged upon receipt of a written request with full contact details (name, address, telephone, email). This also applies to the forwarding of relevant information/documents regarding the property. We look forward to welcoming you as a customer soon! Please note the privacy policy on our website.

Read all

Details

Rooms:
12
Bathrooms:
9
External size:
2,097 m²
Size:
480 m²
Balcony count:
3
Exterior Amenities:
Pool
Interior Amenities:
Furnished
Reference:
1773
Status:
Excellent
Year of construction:
2022

Find out more

Position

The advertiser did not provide the exact address of the property. Request the exact location