Price – Rental Program
Lotus Residence will be developed on a land of 20.000 sqm front beach, located at Kiwengwa village (Zanzibar East Coast) set on a beautiful and long beach.
Prices & Features Options Rental Program
The key steps when buying a Villa at LOTUS BEACH VILLAS are as follows:
- Reservation: Select a land and sign the Offer to Purchase, Land Agreement, Building Agreement, Estate Management Agreement, and Rental Program Agreement.
- Proof of Financing: Provide evidence of how the total consideration of the building contract price will be financed within 30 days of signing the agreements.
- Sale Agreement: Once the offer is accepted, provide proof of financing and pay the deposit. The Land Agreement and Building Agreement will be executed and transferred to the Transfer Attorneys for processing.
- Progress Payments: Make progress payments as per the schedule outlined in the Building Agreement.
- Occupation of the Villa: Upon practical completion of the villa, the Owner can take occupancy.
- Completion of the Villa: Report any defects within one month of practical completion. The Developer has 12 months to rectify the defects. After this period, full completion is achieved, and the Owner makes the final payment on the residence.
Included Villa and Project Features
- Metal Gate for Car Park
- Outdoor Shower Near Pool Area
- Tiled Swimming Pool
- Hot Water System
- Electrical Infrastructure embedded under the project road
- Secured Estate
- Management Office
- Rental Program Available
- Pets Allowed
Optional Villa Features
- Car Park Gate Automated System
- Kitchen Fridge
- Mosquito Nets
- Dish-Washing Machine
- Washing Machine
- Furniture Package (Electronics, Furniture, Wardrobes,
Kitchen Set, Linen Set, Towel Set, Curtains, House Decor Items)
- Sand Filter with Manual Backwash
- Potable Water Filter
- LED Lighting
- Kitchen Service Bar
(Where Applicable & Prior to Construction)
- Swimming Pool Jacuzzi Water Jets (Prior to Construction)
Rental Program Description
- A yearly rental return of 8% net on total investment (villa price + furniture package)
- It is a net return, thus the owner of the villa does not pay maintenance fees or in-villa fees
- The first year of guaranteed return starts 90 days from registration
- The owner of the villa can use the villa for 4 weeks each year
WELCOME TO LOTUS BEACH VILLAS
BUSINESS INVESTMENT ZANZIBAR
Lotus Beach Villas is a luxury residential project in Kiwengwa, Zanzibar. We offer a selection of private villas that combine modern amenities with Zanzibar's natural beauty. With a beach-front location, private swimming pools, and a tranquil environment, we provide the perfect setting for a memorable vacation or an ideal investment opportunity. Our project is government approved and certified by the Zanzibar Investment Promotion Authority (ZIPA).
Bed / Bath