For the first time in history, well-heeled foreigners can now obtain tenure to villas in Zanzibar.  Project developers, Pennyroyal Gibraltar Ltd, have appointed the Pam Golding Property Group to market this exclusive opportunity.
Namibians who regard their own exclusive abodes on Zanzibar as ideal houses by the sea, need only contact one of the local Pam Golding agents.
Zanzibar offers a stable economic and political environment, with growth rates of around seven percent, a stable financial sector and lucrative incentive packages to strategic investors. All foreign investors own 100 percent of their businesses and, to ensure profitable business opportunities, government continues to introduce measures aimed at improving the business environment . Rapid growth in Zanzibar’s tourism sector has accounts for 27 percent of GDP and between 70 and 85 percent of foreign earnings. Government has identified tourism as a strategic growth sector.
Pam Golding Property Group will market the luxury apartments and villas to be completed during the first of seven phases in the mega-development.
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Zanzibar