FOR SALE USD2,500,000 - Commercial, Hotel, Plot/Land
This prime hotel site is located in Nungwi, Northern Region of Zanzibar.
Nungwi is one of the most sought-after locations for beach resorts in Unguja (Zanzibar). The plot size is just over 52,000m2 (13 acres) and is held under lease by a government approved investment company with a respected reputation and no liabilities.
The site was home to Ras Nungwi Beach Hotel, one of the most popular hotels on the island until it was destroyed by fire which claimed over 60% of the hotel infrastructure (although many buildings survived partially or completely intact).
The land itself is only partially developed and slopes down to an incredible beach which features turquoise water and white sands. It is known for its close proximity to Mnemba Island and other excellent dive sites, it also has easy access to deep sea fishing channels. The layout of the land can lend itself to many different development types, although It’s a perfect site for an exclusive beach resort catering to the rising increase in luxury 5-star tourists coming to Zanzibar. While only a 10-minute drive to the thriving tourism hub at the heart of Nungwi Village, the site is on a comparatively undeveloped stretch of shoreline and the beaches in this area are quiet. It really needs to be seen to appreciate the opportunity available.
The purchase of the business naturally brings with it the goodwill and brand recognition of Ras Nungwi Beach Hotel which was established in 1995. With a broad tour operator base familiar with the product, the hotel occupied the top position in Nungwi on Tripadvisor (4,5 stars with 620 reviews) for several years, and a new development on the same site will no doubt bring renewed interest with it from these same sources.
1 hour 15 minutes drive to the airport and Stone Town.
* 10 remaining guest rooms
* Owner’s beach villa
* Management Offices
* Swimming pool
* Tennis court
* Staff housing
* Maintenance area
* Plant Nursery
* Numerous secure stores
* 200kva Iveco generator
* 200,000-liter water storage
* 2 underground fuel storage tanks with pumps (9,000 and 4,000 liters).Dedicated electrical transformer