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Zanzibar’s Real Estate Boom Reaches Unprecedented Levels with Landmark Development

by TNC
June 17, 2025
in English
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Groundbreaking Moment: Shivo Towers Set to Redefine Zanzibar’s Luxury Landscape

In a pivotal moment for Zanzibar’s development, the highly anticipated Shivo Towers project has officially broken ground in Paje, signaling a transformative era for the island’s real estate and tourism sectors.

The $35 million development represents more than just a construction project—it’s a strategic vision for Zanzibar’s future. Spanning 10 floors with 165 units, the mixed-use tower is poised to set new standards for sustainable and sophisticated urban development in East Africa.

Strategically timed with the island’s infrastructure upgrades, including a state-of-the-art road network and enhanced transportation facilities, Shivo Towers is positioned to attract high-net-worth investors and discerning travelers. Pre-sales have already exceeded $3,900 per square meter, reflecting unprecedented investor confidence.

Sustainability stands at the core of the project’s design. Solar-ready rooftops, advanced greywater recycling systems, and energy-efficient lighting demonstrate a commitment to eco-conscious development. Beyond architectural innovation, the project promises substantial economic impact, creating over 300 local jobs and projected to generate $7.5 million in VAT revenue.

“This project transcends traditional real estate development,” says the project leadership. “We are actively shaping Zanzibar’s future while respecting its rich heritage and environment.”

With a total projected sales value of $50 million, Shivo Towers represents a landmark moment in Zanzibar’s transformation from a traditional tourist destination to a premier global luxury hub. As construction begins, the island stands on the cusp of a new era of sophisticated, sustainable development.

The groundbreaking symbolizes more than a new building—it’s a testament to Zanzibar’s potential, ambition, and readiness to take its place on the global stage of luxury real estate and tourism.

Tags: boomDevelopmentestateLandmarkLevelsReachesrealUnprecedentedZanzibars
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