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Fractional real estate · Zanzibar
Own a piece of paradise.From $1,000.
Beachfront property on this island starts at a quarter of a million dollars, which is where the thought usually ends. We split real Zanzibar units into participations you can buy from $1,000, so the rent and the resale value reach people who were never going to write that cheque.
Waitlist open
We are not taking investments yet. Join the waitlist and you hear first when the first round opens, with 72 hours of priority access before it goes public.
- $1,000
- Minimum investment
- 8–12%
- Target net rental yield
- 6 months
- Typical funding window
- $0
- Debt on any property we buy
$185,000
is what a one-bedroom on the north coast costs today. For almost everyone who looks at that number, it is where the conversation stops.
It shouldn’t be. The economics of that apartment never required one person to own all of it. Rent divides. A sale price divides. The only thing standing between an ordinary saver and a stake in a booming market is the convention that property gets sold whole.
So we stopped selling it whole. One participation costs $500, you start with two, and each carries the same proportional claim on rent and sale proceeds as every other one.
The east coast between Paje and Jambiani. Almost everything you can see from the water was built in the last fifteen years.
What happens to your thousand dollars
- 01
We find it
We source off-plan units from developers we have visited and can vouch for. Location, price, builder, exit. If any of it fails, the deal never reaches you.
- 02
You buy a participation
Start with $1,000 and add in steps of $500, paid in full up front, with no acquisition fee in the first round. Every participation is an equal right to the income of one specific unit, not a fund and not a pool you cannot see into.
- 03
The window closes
Funding runs for up to six months, or until the round is subscribed. The unit is reserved for us in the meantime. If the round does not fill, you get your investment back in full.
- 04
We buy the unit
We sign the purchase agreement with the developer and pay the developer's instalments. The unit stays in our name. Your participation agreement is your claim on what it earns.
- 05
You watch it go up
Quarterly construction reports with dated photographs, every payment to the developer, and the honest version when a timeline slips. In construction, sometimes it does.
- 06
You get paid
On handover the unit is furnished and let to tourists. Rent lands in your account in dollars, twice a year, or every quarter from $10,000 invested.
| ≈ 700k | Visitors a year | Zanzibar went from a backpacker stop to a destination with direct flights from Europe and the Gulf. Beds have not kept up with arrivals, and that gap is the rental yield. |
|---|---|---|
| USD | Rents, not shillings | Tourist accommodation is priced and paid in dollars. Your income is insulated from local currency swings in a way most emerging-market property is not. |
| ~20% | Off-plan discount | Buying before completion typically means paying well below the finished market price. You take construction risk and you get the developer's margin. |
| ZIPA | Foreign ownership | Zanzibar actively courts foreign real estate investment, with a legal route for non-citizens to hold property in approved developments. We only buy inside that framework. |
Emerging markets only emerge once
East Africa is where a lot of serious capital is quietly looking right now, and Zanzibar is the part of it that also happens to be a postcard. Tourism compounds, supply sits behind demand, and the government keeps opening the door wider to foreign investment.
We buy the unit. You hold the right to what it earns
When a round fills, we sign the purchase agreement with the developer and the unit is registered in our name. Nobody else can buy it, and no single investor carries it alone.
Your participation is a written contract with us. It gives you your proportional part of everything that one unit produces: rent while it is let, proceeds when it is sold. You are tied to the unit you chose and to nothing else we own.
There is no bank loan on the property, your participation cannot be diluted, and you will never be asked to pay in more. One year after handover, investors vote on whether to sell, and the majority decides.
You receive the participation agreement before you commit a dollar. Read it. Have a lawyer read it.
Five fees
There is no sixth one hiding in a footnote, and in the first round you pay only four of them. Every return we show you has them already deducted.
- Acquisition fee
- 0%, normally 10%
- Annual management fee
- 1.0%
- Rental performance fee
- 10%
- Payment processing
- 2%
- Exit fee
- 1.0%
Waived for the first round: $1,000 in means $1,000 paid. In later rounds it is paid once, on top of your investment, and covers sourcing, due diligence, legal work and the purchase.
Charged on the property value per year. Covers administration, reporting and investor relations.
Taken from gross rental income only. We earn when you earn.
Deducted from each distribution. International transfers to many recipients cost real money, and this covers it.
Charged on the sale price when a property is sold and proceeds are distributed.
The first round is small, and waitlist members get 72 hours of priority access before it goes public. Join the waitlist
This can lose you money
Off-plan means buying something that does not exist yet. Buildings finish late. Developers fail. Tourism is cyclical and one bad season moves your yield. Your participation is illiquid, so assume your money is committed for the full hold period, because it is.
Invest what you can afford to leave alone for five years. If a platform ever makes this sound risk-free, close the tab, including this one.
Who is behind MALI
Denis Gergen
Founder
Questions people send us
Still unsure about something? Read the full FAQ or just email us. A person answers.
Two participations of $500 each: a contractual right to your proportional part of the rental income of one specific unit, and of the proceeds when it is sold. You do not receive a title deed and you do not become a shareholder in any company. We buy and hold the unit, and your participation agreement sets out in writing what it owes you.
The round is cancelled and every investor gets their investment back in full. We do not buy a property with a partially funded round, and we do not hold your money open-endedly waiting for the rest to arrive.
Not freely, and you should invest on the assumption that you cannot. Off-plan real estate is a multi-year, illiquid commitment. We intend to open a secondary marketplace where investors can transfer participations to each other, but it does not exist yet and we will not promise a date for it.
Not until the unit is completed and let, which for an off-plan unit is typically two to three years out. Between funding and handover your capital is invested and working, but it is not paying you. If a unit is already earning rent when we offer it, we say so.
No, you do not need to come to Zanzibar. A local operator runs the unit day to day, and we take care of everything else: administration, reporting and distributions.
Be first in the room
The first round will be small. Waitlist members get 72 hours of priority access before it goes public.
You’re on the list.
Your email is confirmed. We’ll email you before the next round goes public, with 72 hours of priority access to get in first.