Shops + Apartments For Sale, Paje
Commercial / $275.000
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Commercial Building with Shops & Apartments – Paje
Located in the heart of Paje, just 150 meters from the beach, in front of its connected hotel and surrounded by other hotels, restaurants, cafés, and thriving local businesses, this mixed-use commercial property offers an excellent opportunity to secure an income-generating asset in one of Zanzibar’s strongest commercial and tourism markets.
Built on its own 150 sqm plot under the same company and lease structure as the neighboring boutique hotel, the building combines long-term commercial tenants with short-term holiday accommodation, creating multiple revenue streams from day one.
The ground floor comprises 3 commercial units, each measuring approximately 50 sqm, complete with private bathrooms and storage areas.
The first floor features 3 fully equipped apartments, each offering approximately 32.5 sqm of indoor living space plus 20 sqm private balconies. The apartments are currently operated as part of the adjoining hotel, generating additional short-term rental income.
Property Highlights
- 3 commercial shops (approx. 50 sqm each), 1 operating as SPA for Aluna hotel across
- 3 apartments with spacious balconies
- Approx. 250 sqm total built area
- Long-term commercial tenants already in place
- Apartments successfully operated as holiday rentals
- Only 100 metres (3-minute walk) from the beach
- Prime location in central Paje
- Surrounded by hotels, restaurants, cafés, and retail businesses
- Easy road access and excellent visibility
- Part of an established hospitality company structure
This property represents an ideal investment for buyers seeking immediate rental income while benefiting from the continued growth of Paje as Zanzibar’s leading tourism destination.
For investors looking to expand further, the neighboring boutique hotel is also available for acquisition. Purchasing both properties together creates a rare opportunity to own an established hospitality business complemented by commercial rental income under the same ownership structure.
Investment Potential
- Investment Potential: High ROI (Tourist Hotspot)
Location Type
- Location Type: Second Line
Location
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Overview
- Address: Paje, Zanzibar
- Price: $275.000
- Views counter: 389
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