Where Can I Find Listings of Real Estate in Tanzania

Where Is Tanzania? Tanzania is a country located in East Africa, and situated on the coast of the Indian Ocean, with borders to Kenya and Uganda to the north, Rwanda, Burundi, and the Democratic Republic of Congo to the west, Zambia, Malawi, and Mozambique to the south.

The mainland of Tanzania also includes the world famous Mount Kilimanjaro, Africa's highest mountain, while the islands of Zanzibar, popular tourist destinations lie a short distance off of the coastline.

In Tanzania the major cities of note include Dar es Salaam, which is the largest city and economic center of Tanzania, Dodoma which is the official capital of Tanzania, Arusha a major tourism center, and Mwanza on Lake Victoria.

Buying cheap luxury real estate listings in Tanzania is a matter of perspective on what the purchaser or investor perceives as 'cheap'. The desired objective though can be possible with the right strategy.

"Cheap real estate" in luxury market doesn't always mean a low price, as a 'luxury property' that is undervalued for the current real estate market place status can be seen as being cheap.

A $1M home might be "cheap" compared to others at $2M that are located in Tanzania, but the price difference for what seems to be very similar properties could be for a wide range of reasons.

If the luxury property has become distressed or foreclosed they are often sold below market value and at time through auctions. Or it could be the seller, for personal reasons like a job relocation has special reasons for letting the property be sold at a very low rate.


You may ask where can I find listings of real estate in Tanzania, and in established or emerging luxury markets or area, luxury properties could be listed as undervalued in relation to future expectations, especially for areas such as growing neighborhoods in cities that are becoming popular, like those with infrastructure improvements or tourism growth.

Luxury buyers often have leverage as they have the financial means to purchase, especially in slow markets where borrowing from a bank is harder.

Properties bought below market value in luxury areas often see strong appreciation when the market recovers or the area gentrifies.

Economic or political fluctuations can temporarily depress prices, allowing investors to acquire premium assets at a cheaper rate.