FOR SALE USD950,000 - Commercial, Plot/Land
A large piece of land is situated in Matemwe village, on the North-Eastern Coast of Zanzibar. Matemwe village is fronted by a lagoon and coral reef. With total 84,261.07 square meters (20.8 Acres) of land, location of the plot is positioned on unspoiled white sand beaches which makes a perfect exclusive 5-Star hotel/resort development and access to be greatly improved by the new construction of a main tarmac road near the land.
This parcel of land is neighboring lodges and the private Mnemba Island which is a luxury and exclusive beach paradise with superb marine life for the diving enthusiast.
With the prime beach and diving location the Investment in the area is sure to give an amazing ROI in the coming years with numerous luxury developments and resorts in the planning stages, such as the USD 1billion development known as Blue Amber Resort, about 2.7 km North of the plot.
Only 1-hour drive from Stone Town and Airport.
Contact us for viewing and more information.