Investment Opportunity in Victoria Falls! The City of Victoria Falls invites Expressions of Interest for the purchase of prime 16,363m² commercial land for lodge/hotel development. Secure your place in this world-renowned destination!
Deadline: 11 March 2025
Opportunity:
- The City of Victoria Falls is offering a prime piece of commercial land for sale through an Expression of Interest (EOI) process.
- The land is intended for lodge/hotel development.
Key Details:
- Land Size: 16,363 square meters.
- Location: Outside the World Heritage Site red zone. GPS coordinates: -17.9020026, 25.8319959
- Land Use: Lodge/Hotel.
- Reference Number: VFCC/S1815/1024
Requirements for Expression of Interest:
Interested parties need to submit a detailed development proposal including:
- A letter of application to participate.
- Company profile, including registration papers and VAT registration.
- A completed bidding form (available with the CFEOI documents).
- A funding guarantee from a registered bank, finance house, insurance company, or pension fund, valid for at least 60 days from the EOI deadline.
Important Dates and Fees:
- CFEOI Documents Available: From 03 February 2025 at Victoria Falls City Council offices.
- Non-refundable Application Fee: US$500.00 (receipt must be attached to the submission).
- Site Visit: 19 February 2025 at 1000hrs.
- Submission Deadline: 11 March 2025 at 1000hrs.
Submission Instructions:
- Submissions must be in sealed envelopes, properly addressed with the reference number (VFCC/S1815/1024).
- Deposit the envelope in the designated box at the Reception of Victoria Falls City Council Main Offices.
- No faxed, emailed, or late submissions will be accepted.
Important Notes:
- The City of Victoria Falls is not obligated to accept the highest price.
- The City reserves the right to cancel the Call for Expression of Interest.
Contact Information:
The Town Clerk
City of Victoria Falls
P.O. Box 41
Livingstone Way
Victoria Falls
In summary, this is an opportunity to acquire commercial land in a prime tourist destination (Victoria Falls) for hotel/lodge development. Interested parties need to prepare a comprehensive proposal demonstrating their capacity to develop the land according to the City’s requirements.