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What are prospective tenants looking for?

What do prospective tenants look for? Every rational prospective tenant will have a checklist either mentally or on paper of what they are looking for in a rental property. This is what the screening process entails in part when screening potential tenants by your property manager. The more ticks your property gets on the prospective tenant’s checklist, the better chance of letting the property fairly...

Property Transfer Tax in Zambia: Obligations on Property for Sell

Who pays property transfer tax in Zambia? A common question sometimes in property transactions once the ideal real estate is found and buyer wants to move on transaction. Let’s begin by adding some definitions: Property in this case will be regarded as any land in Zambia including any buildings or additions made to or on the land at the time the transfer is effected or made. Property Transfer Tax (PTT)...

Your Tax Obligations on Rental Property

NOTE: 2022 Update here; 2022 Budget Changes on Rental Income Taxation Give to Caesar that which belongs to Caesar. A little difficult most times to know everything that belongs to Caesar, perhaps Caesar owns far too much? Regardless, it is important to be compliant and avoid running into any potential trouble with the law. Ignorance is no defense. Recently, the Zambia Revenue Authority (ZRA) has been...

10 Tips to get your property ready for rent

So, you have property and you want to rent it out. There are a few things which are good to know to get your property rented fast for a good price. The key is to remember that it is not you who will live in your house, but it is your tenant. Take care to buy things that are hard wearing, easily cleaned, functional and long lasting. Here are some tips, feel free to add to the list: Add a bit of wow...

What Affects Perceived Property Value

Some of the features that help increase perceived property values are obvious-like a re-modeled bathroom, a modern kitchen, or a sought-after neighbourhood. But here are a few features and circumstances you may not have realised can affect your property values. The neighbours: Not every neighbourhood or community has an appealing perceived surrounding or neighbourhood. Your surrounding neighbours’...

Some Real Estate Terms to Know

Acceptance An offeree's consent to enter into a contract and be bound by the terms of the offer. Appreciation An increase in the value of a property due to changes in market conditions or other causes. The opposite of depreciation. Assessed value The valuation placed on a property by a public tax assessor for purposes of taxation. Assessment The process of placing a value on property for the strict...

Hello World!

Welcome to the BCA Properties website. We would like to introduce to you BCA Properties, Zambia's foremost forward thinking real estate company. We aim to please and exceed expectations with our client focused services and solutions tailor made to suit each client's needs. BCA Properties embraces collaboration with all stack-holders in the real estate sector and we actively seek to increase partnerships...

Zambia International Property Expo (ZIPExpo 2017)

Have you marked your calendar yet for the 2017 Zambia International Property Expo (ZIPExpo 2017)? The Zambia International Property Expo (ZIPExpo 2017) brings together brings together some of the industry’s leaders and offers insights into global innovations that are shaping real estate today. Developers, banks, government agencies, construction companies and property managers and agents are some of the...

Speech By ZIEA President

SPEECH OF THE PRESIDENT OF THE ZAMBIA INSTITUTE OF ESTATE AGENTS (ZIEA) ON THE OCCASION OF THE SIGNING OF THE MEMORANDUM OF UNDERSTANDING BY THE ZIEA, THE ZAMBIA POLICE (ZP) AND THE NATIONAL PROSECUTION AUTHORITY (NPA) FOR THE CURBING OF ILLEGAL ESTATE AGENTS IN ZAMBIA HELD AT THE GOVERNMENT COMPLEX ON 9TH MAY 2017. The Inspector General of Police The Director of Public Prosecutions All senior officers...

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