About this property
Kiwengwa Waters is a 30-unit apartment development in the fast-growing Kiwengwa area, walking distance to Muyuni Beach and Bluebay Beach Club. Designed by Habita Architects with a coastal-minimalist aesthetic, the project features beachfront cabanas, pet-friendly gardens, co-working lounge, and Stone Town Heritage's professional rental-management program targeting 9โ11% net yield. Owners receive 99-year leasehold title, transferable and inheritable. Stone Town Heritage handles booking, guest management, maintenance and tax reporting so owners can enjoy passive returns from day one.
Project details
| Developer | Stone Town Heritage |
|---|---|
| Property type | Apartment |
| Status | Early bird |
| Completion | Q1 2028 |
| Handover year | 2028 |
| Construction | 15% complete โ Foundations complete, ground-floor slabs in progress |
| Last update | Jun 15, 2026 |
| Bedrooms | 0-3 |
| Unit sizes | 54โ230 mยฒ |
| Total units | 34 across 3 unit types |
| Available now | 24 units |
| Starting price | $310K up to $900K |
| Payment plan | 15% down ยท 50% during build ยท 25% on handover ยท 12mo post-handover |
| Projected ROI | 6โ8% net rental yield |
| Location | Kiwengwa, Zanzibar โ Kiwengwa |
Unit types & prices
| Unit | Size | Bedrooms | Price | Available |
|---|---|---|---|---|
| Studio | 54 mยฒ | Studio | $310K | 8 left |
| 3BR Penthouse | 139 mยฒ | 3 BR | $765K | 11 left |
| 3BR Sky | 230 mยฒ | 3 BR | $900K | 5 left |
Payment plan
๐ก Flexible plan with milestone-based drawdowns during construction. Bank financing available up to 60% LTV via local mortgage partners.
Construction progress
Amenities
Location & neighborhood
Located in Kiwengwa, Zanzibar, Kiwengwa Waters is walking distance to Muyuni Beach and a short drive from Bluebay Beach Club. The neighbourhood is one of the most sought-after enclaves in the region, offering a rare mix of lifestyle amenities and long-term capital appreciation.
๐ Kiwengwa Waters, Kiwengwa, Zanzibar
- Stone Town (capital) Center 25 km โ 41 min
- Zanzibar Airport (ZNZ) Airport 28 km โ 44 min
- Jozani Forest Landmark 28 km โ 45 min
- Kendwa Beach Beach 33 km โ 52 min
- Paje Beach Beach 33 km โ 52 min
- Nungwi Beach Beach 34 km โ 54 min
Distances are straight-line; drive times are estimated averages.
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