About this property
Nungwi Boulevard is a 32-unit apartment development in the fast-growing Nungwi area, walking distance to Cholo Bar and Mnarani Turtle Aquarium. Designed by Bensley Design Studios with a urban-luxury aesthetic, the project features fitness studio, 24/7 concierge, outdoor cinema, and Fumba Town's professional rental-management program targeting 7โ9% net yield. Owners receive 99-year leasehold title, transferable and inheritable. Fumba Town handles booking, guest management, maintenance and tax reporting so owners can enjoy passive returns from day one.
Project details
| Developer | Fumba Town |
|---|---|
| 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 | 1-3 |
| Unit sizes | 98โ247 mยฒ |
| Total units | 41 across 4 unit types |
| Available now | 20 units |
| Starting price | $745K up to $2.06M |
| Payment plan | 25% down ยท 40% during build ยท 20% on handover ยท 24mo post-handover |
| Projected ROI | 9โ11% net rental yield |
| Location | Nungwi, Zanzibar โ Nungwi |
Unit types & prices
| Unit | Size | Bedrooms | Price | Available |
|---|---|---|---|---|
| 1BR Suite | 98 mยฒ | 1 BR | $745K | 12 left |
| 2BR Garden | 141 mยฒ | 2 BR | $825K | 2 left |
| 2BR Pool | 173 mยฒ | 2 BR | $850K | 5 left |
| 3BR Sky | 247 mยฒ | 3 BR | $2.06M | 1 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 Nungwi, Zanzibar, Nungwi Boulevard is walking distance to Cholo Bar and a short drive from Mnarani Turtle Aquarium. 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 Nungwi Boulevard, Nungwi, Zanzibar
- Nungwi Beach Beach 1.1 km โ 4 min
- Kendwa Beach Beach 1.2 km โ 4 min
- Stone Town (capital) Center 49 km โ 1h 18m
- Zanzibar Airport (ZNZ) Airport 55 km โ 1h 27m
- Jozani Forest Landmark 61 km โ 1h 19m
- Paje Beach Beach 64 km โ 1h 24m
Distances are straight-line; drive times are estimated averages.
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