Real Estate · Bwejuu
YOLO Residences
Bwejuu, east coast, 80 m from the beach · by Floton Africa · Pre-selling (developer), completion Q2 2028 (developer target)
YOLO Residences is a 60-unit, six-floor apartment building by Floton Africa at Bwejuu, in pre-launch reservations with completion targeted by the developer for Q2 2028 (yolozanzibar.com, 31 Oct 2026). Prices start at $150,000 for a studio, and the developer promises an '8% guaranteed net rental return for five years' and escrow-held deposits; the terms behind both are not published. Floton presented YOLO as one of three ZIPA-approved projects worth more than $50m combined at the ZIPA Investment Summit (The Citizen, 7 Jun 2026); none of the press confirms the unit count, prices or site.
At a glance
- 60 residences on six floors in seven unit types, 80 m from Bwejuu beach (yolozanzibar.com, 31 Oct 2026)
- From $150,000 (Studio A) to $787,000 (duplex penthouse), furniture included (yolozanzibar.com, 31 Oct 2026)
- Completion Q2 2028, developer target; pre-launch reservations open
- Developer promise of 8% guaranteed net return for five years and escrow-held funds; documents not published (yolozanzibar.com; The Citizen, 4 Jul 2026)
- Presented as ZIPA-approved at the ZIPA Investment Summit 2026 (The Citizen and Daily News, 7 Jun 2026)
Buying as a foreigner
The developer publishes payment plans only: 20% within seven days of the sale agreement then construction milestones to 10% at handover, or 20% deposit then 80% in equal instalments over 24 months, or 90% within seven days for a 10% discount. Lease length, title type and residence-permit terms are not published for this project; Floton describes it as ZIPA-approved (The Citizen, 7 Jun 2026).
Updates
Sources
- yolozanzibar.com — developer homepage
- www.thecitizen.co.tz/tanzania/zanzibar/zanzibar-attracts-50-million-real-estate-investment-as-floton-unveils-three-projects-5487656
- dailynews.co.tz/floton-africa-bets-on-delivery-as-zanzibar-property-market-matures/
- www.thecitizen.co.tz/tanzania/news/national/ending-off-plan-risk-in-style-floton-africa-introduces-unprecedented-protections-and-returns-in-zanzibar-5517868
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In the news on ZNZist
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