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Background

Peagas’ slogan OWN YOUR FUTURE… TODAY represents our aspiration for all our clients. Land is an imperishable asset, ever increasing in value faster and safer than any other legal investments. Prices in land (and housing) will continue to increase in all the major towns in Tanzania. Peagas believes and advocates for individuals (especially those with low income) to invest on land and therefore invest on their future. In understanding our targets’ ability and needs, Peagas also allows individuals to own land today, and have up to two years to pay. That’s how the slogan summarizes what we do and believe in Peagas. You will own land today, and pay later.

Peagas Company Limited (Peagas) is one of the leading player in real estate with a mission to provide the most innovative and affordable real estate services and products in Tanzania, whom also offers highest standards of ethics, value and care to all clients. Peagas achieves this through its existing staff of well–trained individuals who are creative, honest and people-oriented. The team is headed by suitably qualified and professionally motivated management team. Clients can rest assured and with confidence knowing their property sale or purchase are in the hands of competent Peagas real estate professionals.

This organization was founded and registered as a private company in 2013, with its head office in Dar es Salaam, with the intention of establishing a reputable company which is to eventually turn into a dominant real estate provider, capitalizing on property market growth in Tanzania. Peagas was registered on the 18th April 2013 with Certificate of Incorporation No. 98646 issued by Business Registration and Licensing Agency (BRELA). Peagas is also licensed by the Director of Internal Trade - Ministry of Industry and Trade as Real Estate Developer and Agent. Peagas is also registered with Tanzania Revenue Authority (TRA) with Taxpayer Identification Number (TIN) 120-662-023.

Peagas offers a wide spectrum of professional services and products encompassing real estate. Working with other developers, investors, owners and buyers; Peagas ensures that it maximizes returns on all investments, improve operations and ADD VALUE. Peagas also offers a genuinely personalized level of service and products, while at the same time delivering the highest standard of professional real estate service and expertise. With in-depth local market knowledge and experience, the Peagas team provides solutions to all requirements with speed and accuracy. The diversity and pedigree of our client list demonstrates the flexibility and quality of the services and products Peagas provides.

Peagas was founded on two principles: land and housing for all, and equitable economic empowerment. Our current aim is to address land and housing needs of the middle and lower income earners whom have been traditionally marginalized and ignored by many developers, both private and public. It is in this light, Peagas has designed such responsive services and products.