With a population of 61 Million, there is the demand for 3 million units yearly, with the current supply of only 200,000. Tanzania is divided into 31 Administrative regions,but among those 31 regions, these 5 cities would be of higher interest to real estate investors seeking higher investment returns.

1. Dar es Salaam

 Dar es Salaam is the largest city and economic hub of Tanzania. Its real estate market has seen significant growth, particularly in residential and commercial properties. The demand for housing in Dar es Salaam is high, leading to rising property prices.

2. Arusha

 Arusha is a popular tourist destination and serves as a gateway to various national parks, including the Serengeti and Mount Kilimanjaro. The real estate market in Arusha has been growing steadily, with a focus on vacation homes, lodges, and hotels to cater to the tourism industry.

3. Zanzibar

Zanzibar is an archipelago known for its beautiful beaches and historical attractions. The real estate market in Zanzibar has seen significant development in recent years, driven by tourism and foreign investments. Luxury resorts, beachfront properties, and vacation homes are in high demand

4. Mwanza

Mwanza is located on the shores of Lake Victoria and is the second-largest city in Tanzania. The real estate market in Mwanza has been growing, driven by urbanization and economic development. Residential properties, especially affordable housing, are in demand to accommodate the growing population

5. Dodoma

Dodoma is the capital city of Tanzania. It is experiencing rapid urbanization and infrastructure development due to the government's decision to move the capital from Dar es Salaam. The real estate market in Dodoma has seen increased activity, including the construction of government offices and residential properties.

When it comes to Real Estate Investment in Tanzania, it's important to check your Return on investment needs and then do proper research on which part of Tanzania is favorable for your Investment and consultant real estate agents and consultants to guide you through.

By Doreen Nyamka

CEO.

Afrocaya.