• About Us
  • Contact
Thursday, March 30, 2023
No Result
View All Result
NEWSLETTER
The Business Wiz
  • Home
  • Featured News
  • Economic
    • Currency
  • Investment
  • Markets
    • Stock Market
  • Sectors
    • Agriculture
    • Commodities
      • Markets
    • Construction
    • Energy
    • Financial Services
    • Information Technology
    • Infrastructure
    • Manufacturing
    • Markets
    • Mining
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation
  • Home
  • Featured News
  • Economic
    • Currency
  • Investment
  • Markets
    • Stock Market
  • Sectors
    • Agriculture
    • Commodities
      • Markets
    • Construction
    • Energy
    • Financial Services
    • Information Technology
    • Infrastructure
    • Manufacturing
    • Markets
    • Mining
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation
No Result
View All Result
The Business Wiz
No Result
View All Result
Home Sectors Real estate

‘Omanis keen on buying real estate in Zanzibar’

by Editor
13/10/2022
in Real estate
0
‘Omanis keen on buying real estate in Zanzibar’
Share on FacebookShare on Twitter

The visit of Zanzibar President Dr Hussein Ali Mwinyi to Oman that began on Tuesday underlines the strong and healthy relations between the two countries, according to James Prevost, a leading real estate promoter in Zanzibar and Tanzania.

In an exclusive chat with Times of Oman, Prevost, who is regional owner of RE/MAX, Tanzania, a leading real estate company, said: “I am delighted to be in Oman. Both Zanzibar and Oman share a strong inter-personal link and ties. For centuries, there have been Omani owners of land and buildings in Zanzibar.

“There is a deep-rooted relationship and thousands of Omanis have their houses and lands in Zanzibar. A lot of them prefer to have homes both in Zanzibar and Oman. Many of them make annual visits during June-August as they want to escape the scorching summer here to enjoy at their holiday homes in Zanzibar.”

Photo taken in Zanzibar, Tanzania. Getty Images

Prevost, who arrived on Tuesday, is hopeful that there would be much more cooperation in real estate between Oman and Zanzibar.

“There has already been lot of interest among Omanis to buy homes in Zanzibar. Of late, we have found lot of interest among the people in Zanzibar to own property in Oman. My visit to this beautiful country is basically to explore the opportunities that Oman offers for foreign investors in real estate,” said Prevost on the sidelines of the launch of Al Mouj Muscat’s Zunairah Mansions Phase 2 project.

Prevost had informal discussions with representatives of Al Mouj Muscat, one of the integrated lifestyle destinations in Oman that is home to 8,000 residents from 85 countries.

“Al Mouj has an impressive portfolio of residential properties. I am hopeful that there could be healthy real estate cooperation between investors from Oman and Zanzibar. The signs are good. Once I go back to Zanzibar I will have further discussions with the prospective investors. I am confident that real estate cooperation will benefit the people of both the countries,” said Prevost.

Prevost works for RE/MAX, which is part of the world’s most productive real estate network.

A leader in the commercial and investment arenas, RE/MAX real estate agents have access to the industry’s top training system, corporate support services and a powerful referral network – more than 140,000 sales associates, and a presence in nearly 110 countries.

Source: Muscat Media Group

Editor

Editor

Next Post
Edenville’s Rukwa project resumes operations

Edenville’s Rukwa project resumes operations

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Exchange Rate

Exchange Rate USD: Thu, 30 Mar.

Recommended

Shanta eyes three additional prospecting licences from Barrick

Shanta eyes three additional prospecting licences from Barrick

7 months ago
New forecast expects African airlines to record only $700 million net losses in 2022, as recovery picks pace

New forecast expects African airlines to record only $700 million net losses in 2022, as recovery picks pace

9 months ago

Popular News

    News

    Get latest news from us.


    SUBSCRIBE

    Category

    • Agriculture
    • Aviation
    • Banking
    • Commodities
    • Construction
    • CSR
    • Currency
    • Economic
    • Energy
    • Featured News
    • Financial Services
    • Information Technology
    • Infrastructure
    • Investment
    • Jobs
    • Manufacturing
    • Markets
    • Mining
    • Others
    • Q&A Interviews
    • Real estate
    • Telecomunication
    • Tourism
    • Transportation

    About us

    The Business Wiz (TBW) is Tanzania’s premier one-stop online platform providing in-depth, accurate and timely business news, analysis, commentary and online business information portals and research.

    • About Us
    • Contact

    © 2022 The Business Wiz

    No Result
    View All Result
    • Home
    • Featured News
    • Economic
      • Currency
    • Investment
    • Markets
      • Stock Market
    • Sectors
      • Agriculture
      • Commodities
        • Markets
      • Construction
      • Energy
      • Financial Services
      • Information Technology
      • Infrastructure
      • Manufacturing
      • Markets
      • Mining
      • Real estate
      • Telecomunication
      • Tourism
      • Transportation

    © 2022 The Business Wiz

    en English
    ar Arabiczh-CN Chinese (Simplified)en Englishfr Frenchde Germanit Italianru Russianes Spanishsw Swahili