Condominium, Zanzibar

BEACHFRONT LIVING IN ZANZIBAR.

THE HILLS NUNGWI – BEACHFRONT LIVING IN ZANZIBAR. Just a 1-minute walk to the beach. Nungwi | Zanzibar | Indian Ocean | 88 Residences. THE HILLS NUNGWI is an exclusive residential and holiday complex in northern Zanzibar, just steps from the white sandy beach. The project combines high-quality apartments and penthouses with hotel and rental management. A unique combination of private ownership, personal use, and professional tourist rentals. APARTMENTS & PRICES: Unit / Living Area approx. / Price from 1-Bedroom Apartment ~ 89.7m² from €133,000 2-Bedroom Apartment ~ 103m² from €177,000 RENTAL & INVESTMENT MODEL A special feature of THE HILLS is the Owners Rental Program. The property is professionally managed and rented to tourists. According to the current operating program, the following net return projections are planned: Period Stated Net Return p.a. Years 1–2 10% Years 3–5 12% From Year 6 8–15% According to the project, the return figures refer to the invested capital and are contractually stipulated project conditions. However, they are not risk-free or government-guaranteed returns. The actual terms and payment procedures must be reviewed in the purchase and management agreement. Additionally, a contractual buyback option is offered by the operator at the end of the agreed term. PERSONAL USE Owners can use their property themselves for 21 days per year, without fixed blackout periods, subject to availability and booking conditions. This allows owners to combine their own holiday residence with a professionally organized rental model.