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Dec 20, 2005

Yields in Tanzania are high at 9%-12%


Last Updated: Dec 20, 2005
DAR ES SALAAM COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
100 sq. m. 70,000 500 8.57% 700 5.00
120 sq. m. 90,000 900 12.00% 750 7.50
180 sq. m. 140,000 1,300 11.14% 778 7.20
200 sq. m. 160,000 1,500 11.25% 800 7.50
300 sq. m. 240,000 2,200 11.00% 800 7.30
400 sq. m. 320,000 2,700 10.13% 800 6.80
500 sq. m. 480,000 3,600 9.00% 800 6.00
ZANZIBAR - Beach Estates
200 sq. m. 190,000 2,000 12.63% 950 5.00
300 sq. m. 320,000 2,500 9.38% 1,067 6.30
400 sq. m. 450,000 3,500 9.33% 1,125 8.80
Source: Global Property Guide

Yields are relatively high at around 9% to 12%, because supply of good quality property is so limited. The rent for a 200 sq. m property on the mainland would be around TZS1.77 million (US$1,358) per month, or around Tanzanian shilling (TZS) 7,000 to TZS 8,800 (US$5 US$7) per square metre (sq. m).

The rent for a 200 sq. m beach estate in Zanzibar would be about TZS2.36 million (US$1,811) monthly. Yields here too are around 9% to 12%.






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