Blue Lagoon is a 36-unit beachfront development in Zanzibar's Kiwengwa special investment zone โ one of the few areas where foreigners can hold full freehold title. Designed by Swahili-modernist architect Rehema Nassor, the low-rise residences feature makuti-thatched roofs, coral-stone walls and 180ยฐ views of the turquoise lagoon. Zanzibar is East Africa's fastest-growing tourism market with 25% YoY visitor growth. Blue Lagoon includes a beach club, dive center, spa and Karafuu's rental management program targeting 10-13% net yields.
| Developer | Karafuu Estates |
|---|---|
| Property type | Apartment |
| Status | Early bird |
| Completion | Q2 2028 |
| Handover year | 2028 |
| Construction | 15% complete โ Foundations complete, block 1 rising |
| Last update | Jun 10, 2026 |
| Bedrooms | 1-3 |
| Unit sizes | 58โ145 mยฒ |
| Total units | 36 across 4 unit types |
| Available now | 26 units |
| Starting price | $155K up to $485K |
| Payment plan | 20% down ยท 50% during build ยท 30% on handover |
| Projected ROI | 10-13% net rental yield, 15-25% capital appreciation to handover |
| Location | Kiwengwa Beach, Zanzibar โ Kiwengwa |
| Unit | Size | Bedrooms | Price | Available |
|---|---|---|---|---|
| 1BR Garden | 58 mยฒ | 1 BR | $155K | 10 left |
| 1BR Ocean View | 65 mยฒ | 1 BR | $195K | 8 left |
| 2BR Beachfront | 98 mยฒ | 2 BR | $285K | 6 left |
| 3BR Beachfront | 145 mยฒ | 3 BR | $485K | 2 left |
๐ก 20% on booking. 50% in 5 quarterly installments during construction. 30% on freehold title transfer. Payments protected via ZIPA (Zanzibar Investment Promotion Authority).
Kiwengwa Beach, northeast coast โ 45 min to Stone Town, 60 min to Abeid Amani Karume International Airport. Turquoise lagoon protected by an outer reef, ideal for swimming year-round.
๐ Kiwengwa Beach, Zanzibar, Tanzania
Distances are straight-line; drive times are estimated averages.