Investments, Sublease USD3,500 Sublease - Commercial, Hotel, Plot/Land
This property is situated in Makangale, North of Pemba Island. The major tourist attractions such as spectacular beaches, scuba diving, coral reef viewing, Ngezi rainforest, the best marlin fishing in East Africa are located in this region. The area is also well known for its luxurious resorts. Astonishing Tanzanian sunset and the beautiful Indian Ocean will amaze you.
This family-owned hotel site is nestled on 43,000 sqm (4.3 Ha.) of land with 215 meters of beachfront. It was successfully operational business before but currently has been vacant for four years and needs major renovations and TLC. Property remaining structures feature 53 rooms, 1 swimming pool, manager office, and staff residence. This asset can be converted into a steady source of profit.
Only 1 hour and a half drive to the Airport and 2 hours drive to Pemba main ferry (Mkoani).
- 53 rooms (structures)
- 1 swimming pool
- Manager office
- Staff residence
- Electricity and Water available
- Beach access
- For Investment – USD 1.6 million
- For Sublease – USD 3,500 p/m