TERRANOVA which is a Latin for ‘Newfoundland’ is a reputable Real Estate firm which is legally owned and led by two Real Estate professionals. The first Director has a BSc. Degree in Property and Facilities Management while the Second Director has a BSc. Degree in Land Management and Valuation and MSc. Real Estate. The rest of the staff comprises of mostly young, experienced, dynamic, energetic professionals. The company’s Headquarter is domiciled in Dar es Salaam Tanzania. Our offices are currently at Plot No.32 Karibu Street, Sinza Mori opposite to Delina Apartments. Since its establishment the Company has been working with both local and international clients.
TERRANOVA is a limited liability company incorporated under Cap. 272 of the Laws of the United Republic of Tanzania with Certificate of incorporation No. 108684 issued in June 2014 in Dar Es Salaam, Tanzania. The company has been issued by The Ministry of Industry and Trade a license to provide all Real Estate and associated services with a Business license No: B 2088161. TERRANOVA is also registered by Tanzania Revenue Authority as a Tax compliant corporate with registration number (TIN) 124-995-957 and VRN 40-027423-C. Tanzania Institution of Valuers and Estate Agents (TIVEA) is also among institutions in the country which have accredited TERRANOVA with registration number C.074
REAL ESTATE AGENCY
TERRANOVA assist our clients in selling their Residential, Commercial, Industrial and other forms of Real Estate in a targeted market area. Our services provide our clients with an International network of buyers and sellers through the multiple listing services (MLS). Because of our capabilities to network with other brokers, we usually sell properties and plots faster than our clients could if they tried to market their properties/plots without the assistance of our professional Real Estate Agents. Customers have been listing their properties with our company because of our aggressive and highly-skilled professionals. We will always continue to have an above-average sales force to generate and close all types of listings. The company owners are committed to success in the Real Estate market and adhere to the strict rules handed down by the Tanzania Land Act of 1999.Our Valuers and Appraisers works hand in hand with our Agents to make sure that our client’s properties are being valued/appraised accordingly and the market value is fair before they are being listed in our website or being advertised in other media.
TERRANOVA provides management of residential, commercial, industrial and rural properties. On the behalf of our clients, we look for new tenants, collect rent, place new tenants in clients’ property, act as an owner-tenant liaison, ensure legal and tax compliance, manage the accounting records of the property, and offer lawn care and building maintenance services, providing tenant’s education etc. TERRANOVA also handle evictions; deal with space management issues and conducts building/condition survey as planned or requested by the client etc.
PROPERTY INVESTMENT & ASSETS APPRAISAL
Real estate often requires valuation because they occur infrequently and every property is unique (especially their location, a key factor in valuation), unlike corporate stocks, which are traded daily and are identical. Valuation reports form the basis for mortgage loans, settling estates and divorces, rating/taxation, a sale/buying price for property, Insurance, Compensation, financial reporting. Our clients can also receive valuation services for forests, plant and agricultural land/products and motor vehicles.
Property Development and development appraisal should go hand in hand because without a carefully constructed budget and detailed development appraisal in place, the risks associated are high and chances of achieving a successful project reduced. We are versed in Development Appraisals, Feasibility Studies, Real Estate Investment Project Formulation and Analysis, Property Portfolio Management, Property Performance Evaluation, Loan and Financing Scheme Appraisal, Mortgage Consultancy, Business Valuation, Corporate Real Estate Management, International Real Estate Finance and Investment, Property Market Survey and Analysis.
TOTAL FACILITIES MANAGEMENT
Our company provides management of Supporting Services for Commercial, Institutional and Industrial Buildings. Our Total Facilities Management services ranges from Building Maintenance, Cleaning, Space Management, Electrical Installation, Plumbing, Carpentry, AC Installation & Service, Satellite Dish Installation, Office Partitioning, Painting, ICT, Catering, Events Planning and Organization etc. TERRANOVA team can professionally assist you in managing all your non-core/supporting services at your workplace and let you concentrate on your core/major business.
Our Land economy experts assist clients on all Land or related matters such as Land acquisition, Land registration, Conveyance and Disposition, Rural land issues and general land administration. Legal land matters in titling, conflicts and taxation are also handled by our team of land economists, lawyers, land surveyors and town planners.
DESIGN & BUILD
Terranova has been designing and build affordable houses and offices for its clients. Architecture is both the process and the product of planning, designing, and constructing buildings and other physical structures. We make architecture goes beyond the functional aspects through its aesthetic dimension that it has in common with other human sciences. Through its own particular way of expressing values, we brand architecture in a way it stimulate and influence social life without presuming that, in and of itself, it will promote social development.
With building process we make the overall planning, coordination, and control of a project from beginning to completion. We aim at meeting a client’s requirement in order to produce a functionally and financially viable project. We carry out construction for residential and commercial. Our construction managers hold the same responsibilities and complete the same processes in each sector mentioned before. Also have the ability to handle public safety, time management, cost management, quality management, decision making, mathematics, working drawings and human resources. The company is determined serving time while producing a high quality product as at minimum agreed standard by a client at reasonable costs.
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