# Majestic Zanzibar

> Premium real estate developer in Zanzibar, Tanzania. Majestic Luxury Suites Ltd designs, builds, and operates ZIPA-approved residential and hospitality projects, with a flagship luxury development — The Hills Nungwi — on the non-tidal beaches of northern Zanzibar.

Majestic is a Zanzibar-based developer with a track record across hospitality (including Ocean Breeze) and residential. The company sells residences to international investors who can obtain Class C (C-11) residency permits and tax benefits via Tanzania's ZIPA (Zanzibar Investment Promotion Authority) program. Properties are operated by Metropolis Management Group (in association with MMG Toronto).

Contact: sales@majestic.tz · +255 670 004 400 · Malindi, Stone Town, Zanzibar.

## Core pages

- [Home](https://majestic.tz/): Overview of Majestic and current projects
- [About](https://majestic.tz/about-us): Company background, vision, and team
- [Why Invest](https://majestic.tz/why-invest): Zanzibar investment climate — 7% economic growth, 15% tourism growth, 15–20% projected ROI, ZIPA residency benefits
- [Projects](https://majestic.tz/projects): Development portfolio
- [Contact](https://majestic.tz/contact-us): Sales inquiries and office hours
- [Consultation](https://majestic.tz/consultation): Book a private investment consultation
- [Privacy Policy](https://majestic.tz/privacy-policy)
- [Site Updates](https://majestic.tz/site-updates): Construction progress and news

## Downloads

- [The Hills Nungwi Brochure (PDF)](https://majestic.tz/downloads/the-hills-brochure.pdf): Full project brochure — vision, residences, amenities, investment summary
- [Price List (PDF)](https://majestic.tz/downloads/payment-plan.pdf): Current pricing across The Hills Nungwi residences
- [Payment Plan (PDF)](https://majestic.tz/downloads/payment-plan.pdf): Installment structure
- [Furniture Catalogue / FF&E (PDF)](https://majestic.tz/downloads/furniture-catalogue.pdf): Furniture, fixtures, and equipment specification
- [ROI Workbook (XLSX)](https://majestic.tz/downloads/roi.xlsx): Detailed return-on-investment projection spreadsheet

## Related sites

- [The Hills Nungwi](https://thehillsnungwi.majestic.tz/): Dedicated site for the flagship development — full unit specs, pricing, residency, and FAQ at [its llms.txt](https://thehillsnungwi.majestic.tz/llms.txt)
- [Site Updates Blog](https://siteupdates.majestic.tz/): WordPress blog with construction progress and company news

## Flagship project — The Hills Nungwi

- **Location:** Northern tip of Zanzibar, Nungwi — 50 m from white-sand non-tidal beach
- **Total units:** 88 luxury apartments (two identical 7-storey blocks)
- **Unit mix:** 56 × 1-bedroom · 28 × 2-bedroom · 4 × 3-bedroom penthouses
- **Plot size:** ~1 acre
- **Construction start:** January 2026
- **Handover:** March 2028 (~24 months)
- **ZIPA approved** with strategic investment status
- **Funding:** Pre-approved credit line from a Tanzanian bank
- **Operator:** Metropolis Management Group

### Pricing
- **1-bedroom suite:** From USD 135,000 (89.7 m²)
- **2-bedroom sanctuary:** From USD 150,000 (103.7 m²)
- **3-bedroom penthouse:** USD 499,000 (317.47 m²)

Prices exclude 15% VAT. Additional 1% covers legal fees, transfer taxes, stamp duty, and registration.

### Amenities
Infinity-style pool · gym · spa & wellness · on-site restaurant · café/co-working space · mini market · landscaped gardens · 24/7 security and CCTV · industrial backup generator · dedicated parking · property management.

## Payment plan

- **Reservation Fee:** USD 5,000 (non-refundable)
- **Initial Deposit:** 30% upon contract signing
- **Second Deposit:** 20% within 120 days of signing
- **Third Deposit:** 20% within 120 days of second deposit
- **Final Deposit:** 30% (minus reservation fee) upon completion and handover
- **Discount:** 2% off if paid in full at contract signing
- **Currency:** USD; buyer covers bank/conversion charges

## Rental Pool Programme (optional)

A hands-off program operated by the Development Management Company.

- **Owner usage:** 30 personal-use days per year (full income share retained), peak-season blackout
- **Independent rental allowed** but discouraged; centralized standard protects investment
- **Opt-out:** 90 days' notice
- **Furniture pack:** Mandatory for pool participants
- **Reserve fund:** 5% of revenue, pro-rata to pool members

### Income distribution (point-based)

Total points across building: **142**.

- **1-bedroom:** Ground 1.00 → 6th 1.45 (graduated by floor)
- **2-bedroom:** Ground 1.30 → 6th 2.05
- **Penthouses (7th floor):** 5.50 each

Net income ÷ total points × unit's points = unit's share. Higher floors and larger units earn proportionally more.

### Projected yields (after fees, expenses, reserve, owner days, tax)

- **Conservative (50% occupancy):** 1BR 10.6–11.2% · 2BR 12.4–14.6% · Penthouse 15.7%
- **Realistic (70% occupancy):** 14.9–22% across all units

Returns paid annually to any SWIFT-registered bank worldwide.

## Service charges (mandatory for all owners)

Approximate monthly amounts (projected, subject to change):

- 1-bedroom: ~USD 154
- 2-bedroom: ~USD 178
- Penthouse: ~USD 664

**Covers:** backup generator, 24/7 security/CCTV, pool/gym/spa/garden maintenance, structural insurance, capital reserve fund. Auto-deducted from rental revenue for Pool participants.

## Legal structure and ownership

- **Tenure:** 99-year leasehold (renewable). Buyer receives a distinct Unit Title separated from the developer's Head Lease.
- **Foreign ownership:** Permitted under **Zanzibar Condominium Act No. 10 of 2010**. Title is registered, transferable, inheritable, bank-acceptable as collateral.
- **Equivalent security to freehold ownership** in other jurisdictions.
- **Warranties:** 5 years structural · 2 years electrical, plumbing, and fittings.

## Residency and immigration benefits

- **Eligibility:** Foreign buyers above USD 100,000 qualify for **Class C (C-11) Investor Residence Permit**.
- **Family coverage:** Spouse + up to four children under age 20.
- **Validity:** 2 years, renewable indefinitely while ownership is retained.
- **Issuing authority:** ZIPA (Zanzibar Investment Promotion Authority).

## Risk mitigation and buyer protections

- **Construction delay:** Time-trigger payments auto-postpone if construction is delayed; backed by pre-approved bank credit line.
- **Tourism fluctuation:** Nungwi has year-round demand; mitigated by neighbouring-resort collaboration and diversified source markets.
- **Late handover (>6 months past Completion Date, excluding Force Majeure):** Liquidated damages of 1% of Purchase Price every 3 months (pro-rated daily). Alternatively, Purchaser may terminate and receive a full refund.
- **Buyer default:** 7-day grace period; thereafter 10% p.a. simple interest plus collection costs.

## Escrow and payment security

- **Escrow agent:** EXIM Bank Tanzania
- **Mechanism:** Escrow Agreement; funds held jointly; releases per SPA terms.
- **Final 30% due only on completion** — strong incentive for on-time delivery.

### Official corporate account (international transfers)

- **Account name:** MAJESTIC LUXURY SUITES LIMITED
- **Bank:** EXIM Bank (Tanzania)
- **Branch:** Zanzibar Branch, Mlandege Road
- **Account number:** 0150023717
- **SWIFT code:** EXTNTZTZ

**Single-channel rule:** Funds may ONLY be transferred to the account above. Never transfer to personal accounts, third-party agents, or any other entity. Cash payments are NOT accepted.

### Verifying authenticity
- Official emails come exclusively from **@majestic.tz**
- Live video verification available from construction site/office
- Secure Investor Due Diligence Portal with all permits and licenses
- Contracts signed via DocuSign with legal audit trail

## Social media

- [LinkedIn — Majestic Zanzibar](https://www.linkedin.com/company/majesticzanzibar/)
- [Instagram — The Hills Nungwi](https://www.instagram.com/thehillsnungwi/)
- [Facebook — The Hills Nungwi](https://www.facebook.com/thehillsnungwi/)
- [YouTube — The Hills Nungwi](https://www.youtube.com/@thehillsnungwi)

## Investment context (Zanzibar / Tanzania)

- Economic growth: ~7%
- Tourism growth: ~15%
- ROI range across sector: 15–20%
- 1.9 million residents; ~50% population growth in last 10 years
- 20+ international direct flight destinations
- Africa's leading beach destination