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 | |||||
Get updated rental yields data for 75 countries
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%.