# Zanzibar – the hottest new island paradise for real estate investors Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2017-09-09 Category: LIFESTYLE Category URL: https://financedigest.com/category/lifestyle Meta Title: Invest in Unguja Island: Luxury Living in Zanzibar Meta Description: Discover Fumba Town Development on Unguja Island - the perfect blend of escapism and modern luxury. Ideal for well-heeled locals and international tourists! URL: https://financedigest.com/zanzibar-the-hottest-new-island-paradise-for-real-estate-investorshtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd090917-8-1736843526907-compressed.jpg) - **Zanzibar visitor numbers doubled from 2015 to 2016 (Zanzibar Commission for Tourism)** - **Unguja Island is attracting investment from well-heeled locals and international jetsetters (Property Frontiers)** - **Tanzanian economy has averaged growth of 6-7% over past decade (World Bank)** Zanzibar – the semi-autonomous string of islands located some 25-50 kilometres off the coast of Tanzania – has long been popular with local divers and snorkelers, thanks to its rich offering of coral, dolphins and tropical fish. Now, the unspoilt island paradise is also attracting keen interest from residential [real estate](https://www.financedigest.com/how-to-buy-income-producing-real-estate-without-your-own-money-or-credit.html "How to Buy Income-Producing Real Estate Without Your Own Money or Credit") investors, as an exclusive new gated development springs up on the main island of Unguja. ![fibre optic internet, amenities , UNESCO World Heritage , snorkelers, island of Unguja, real estate investors, Ray Withers.-2](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/2-1736843526799-compressed.jpg) **“We’re delighted to be presenting the Fumba Town [Development to investors](https://www.financedigest.com/southampton-development-continues-to-excite-local-investors.html "SOUTHAMPTON DEVELOPMENT CONTINUES TO EXCITE LOCAL INVESTORS") in the UK, with properties ranging from three-bedroom duplexes with pools to five-bedroom townhouses with roof decks and ground level pools. Unguja is a wonderfully unspoilt island and the development is perfect for well-heeled locals and international tourists looking for a peaceful place to escape to.”** **Ray Withers, CEO,** [**Property Frontiers**](http://r20.rs6.net/tn.jsp?f=001OqceFJaD8HxHI8c1i1x5aXJNxqSy1Lqxjo8fTqAifu53YBfWMlgSJbldoVNSp1O6fPBFVxRF9UwXNcbsrfx2R9utF_qfjUeahvC8OIZOoh3TBJhYo5ZhoiD0oEBbxNs6fQxgFS0H72miLU79K42ENMO8QrjOQ6V48DFNsBuWUbDKSvcpNPbdLw==&c=IOya1V1xL5v5qGl92p6GONepId60-db9gLy_oVJav2x2equUotIvYw==&ch=cZXfJssClGkQZty-fZ2gK-GP5sn6NE0Tp60qkrK2pobeKcYwe23hqg==) Fumba Town, sited on the Fumba peninsula on the western side of the island, offers the perfect blend of escapism and modern luxury. Spectacular sunsets, secluded sandy beaches, local snorkelling and a mangrove forest provide a wonderful sense of isolation, while fibre optic internet, an on-site [security team and a host of amenities take care of practical needs](https://www.financedigest.com/the-three-must-haves-of-cyber-security-that-you-need-to-stay-cyber-safe.html "The three “must haves” of cyber security that you need to stay cyber safe"). ![fibre optic internet, amenities , UNESCO World Heritage , snorkelers, island of Unguja, real estate investors, Ray Withers.-3](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/4-1736843526814-compressed.jpg) It’s a combination that has already won the interest of one-time Chelsea centre forward Islam Feroz, who has already purchased his own Fumba Town property. Just 15 km along the coast from Fumba Town, passing the airport along the way, is Stone Town, the UNESCO World Heritage old town of Zanzibar City (birthplace of Freddie Mercury). The former seat of the Sultan of Oman, the city has a rich heritage, having been a key 19th century hub of the spice and slave trades. It is home to the best bars and restaurants on the island, as well as fascinating landmarks such as the House of Wonders, an ancient Arab fort and numerous coffee houses and spice bazaars. ![Zanzibar - the hottest new island paradise for real estate investors](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/fd090917-8-1736843526907-compressed.jpg) Zanzibar – the hottest new island paradise for real estate investors **“Zanzibar is one of those wonderful locations that is on the cusp of being ‘discovered’ by international tourism, but currently remains [almost untouched. Tourism figures are rising and it enjoys the strong stability of the Tanzanian economy](https://www.financedigest.com/uk-economy-almost-flat-lined-in-october-adding-to-rate-hike-doubts.html "UK economy almost flat-lined in October, adding to rate hike doubts") in the background, which adds significant weight to the potential of the investment.”** **Ray Withers, CEO, Property Frontiers** The Tanzanian [economy has enjoyed growth of 6-7% for the past decade](https://www.financedigest.com/uk-economy-to-shrink-in-2023-risks-lost-decade-cbi.html "UK economy to shrink in 2023, risks ‘lost decade’: CBI"), according to the World Bank. The country is politically stable, as well as economically, with a population of 50 million that is growing at more than 3% per year. The economy enjoys healthy diversity, with agriculture, industry (including non-manufacturing), [electricity generation](https://www.financedigest.com/the-electric-vehicle-sound-generator-market-to-create-turbulence-in-automotive-sector-at-a-cagr-of-14-between-2019-and-2029.html "The Electric Vehicle Sound Generator Market to create turbulence in automotive sector at a CAGR of 14% between 2019 and 2029"), quarrying, mining and services all playing their part. In terms of tourism, Zanzibar welcomed 376,000 visitors in 2016, double of the 2015 figure, according to the Zanzibar Commission for Tourism. The [growth is an indication of the rise](https://www.financedigest.com/car-bulb-market-demand-supply-growth-factors-latest-rising-trend-and-forecast-to-2028.html "Car Bulb Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2028") in Zanzibar’s popularity as a tourist haven, as holidaymakers seek out the unspoiled paradise that the islands offer in such abundance. ![Zanzibar - the hottest new island paradise for real estate investors-4](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/3-1736843526859-compressed.jpg) --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---