Elegant Villas Zanzibar

Elegant Villas Zanzibar
Elegant Villas Zanzibar are exclusive independent villas with private pools and private gardens, located in one of the island’s most promising tourist areas, just a few minutes from the stunning beaches of Jambiani.

Villa Features
Total area: 280 sqm
(140 sqm interior + 140 sqm including solarium, garden, and pool)

Bedrooms: 3

Bathrooms: 3

Floors: 2 (living and sleeping areas distributed over two levels)

Private pool

Fully equipped outdoor area

The villas are part of a gated residential compound, with security at the entrance, but without direct beach access.
Only independent villas are planned, no apartments.

📍 Nearby services:

Less than 1 km: boutique hotel and several expatriate residences

In the village (1 km): European supermarket, medical clinic, shops, and numerous restaurants both by the sea and in the village center

Furnishing and Inclusions
The villas are delivered fully furnished, with a 4★/5★ quality standard suitable for international tourist rentals.

Included in the price:

Fully equipped kitchen

Dining room

Living room

Complete bedrooms

Fully equipped bathrooms

Outdoor space with barbecue

Optional extras (on request):

Paintings, decorative items, customizations

Televisions

Additional outdoor furniture (dedicated catalog)

Legal and Fiscal Aspects
Ownership title: leasehold system (long-term land lease)

Developers: 99-year renewable land lease

Private buyers: 33-year lease, renewable upon expiration

Foreigners cannot purchase undeveloped land to build directly; acquisition is only possible through development companies building at least 10 villas

For investments above 2.5 M USD, registration with ZIPA (Zanzibar Investment Promotion Authority) allows operation without a local partner

Resale: no penalties or pre-emption rights. Transfer is handled via our agency and the Ministry of Lands.

Required documents:

ID card

Valid passport (≥ 6 months)

Bank account

Proof of residence in country of origin (bank statement or utility bill)

Taxes and legal fees:

Stamp Duty (registration tax): 0.5–1% of the price (one-time)

VAT: 18% on new constructions

Property Tax: approx. 0.1% of property value annually

Registration Fees: 1–3% of transaction value

Rental Income Tax: 15% (withheld at source by the agency, deductible in Italy)

Capital Gains Tax: 10% for residents, 20% for non-residents

The Role of ZIPA
The Zanzibar Investment Promotion Authority (ZIPA) is the governmental authority that approves, facilitates, and protects foreign investments (including real estate and tourism).

Benefits for investors:

Legal security: state-recognized projects, protected against arbitrary expropriation, with regulatory stability

Market access: up to 99-year Right of Occupancy and purchase through registered condominiums (Condominium Act)

Fiscal and customs advantages:

VAT exemption on construction materials for 5 years (for ZIPA-approved projects)

Duty-free import of equipment not locally produced

Reduced corporate tax rate for qualifying projects

Residence permits for investors:

From 100,000 USD → Class C Permit (2 years, renewable)

From 500,000 USD → Longer-term permits with option for permanent residence

Prices and Conditions
Standard price: 299,000 USD

Launch offer (first 4 villas): 259,000 USD

Why Invest in Elegant Villas Zanzibar
Strong appreciation potential: property values in Jambiani are expected to increase by up to 50% in the next 3–5 years, especially in the luxury market

Attractive rental income: estimated gross annual yield between 8% and 10%, supported by growing demand for holiday homes and luxury properties

Modern construction and quality materials: elegant finishes, tropical design, bright and spacious interiors

Dual-purpose use: ideal as a personal holiday home or as a rental investment in a safe and exotic destination

Disclaimer: The information contained in this document is for illustrative purposes only and does not constitute a contractual obligation. Details may be subject to change without prior notice.