The Influence of Location on the Return of Real Estate Projects in Zanzibar: A Case of Zanzibar Social Security Fund Projects.

Abdalla, Mmanga Khalfan (2025) The Influence of Location on the Return of Real Estate Projects in Zanzibar: A Case of Zanzibar Social Security Fund Projects. Masters thesis, The Open University of Tanzania.

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Abstract

The main objective of this study was to establish the influence of location on the financial return of the ZSSF’s investments. Specifically, the study focused on examining the influence of accessibility of the location, infrastructure neighbourhood attributes, and environmental factors on the return of ZSSF’s commercial and residential property. Utilizing a causal research design and quantitative methodology, data was collected from a sample of 67 respondents selected through simple random sampling from a population of 80 individuals, including ZSSF staff and tenants. A closed-ended questionnaire with a 5-point Likert scale was used for data collection. Descriptive statistics were utilized to analyse the demographic information of the respondents, while a multiple regression model was employed to assess the influence of location on the financial returns of ZSSF’s investments. The study revealed that the accessibility of the location, the neighbourhood of social services, and environmental factors significantly contribute to the return of ZSSF’s commercial and residential buildings. The findings concluded that location plays a crucial role in determining the value and income generated by commercial and residential buildings owned by ZSSF. In light of the results, the study recommended that ZSSF focus on improving the accessibility of the location of commercial and residential buildings, neighborhoods access to social services, and an attractive environment. Key Words: Commercial and Residential Property, Location, Accessibility of the Location, Infrastructure Neighbourhood, Environmental Factor

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