Engaging a reliable and trustworthy real estate agent is essential for smooth property transactions. In Zambia, there has been a growing dissatisfaction with certain "real estate agents," leading to the emergence of peer-to-peer platforms aimed at bypassing agents. This dissatisfaction stems from the public perception of agents as untrustworthy and unprofessional individuals solely interested in quick...

Prospective tenants approach the rental property search with specific criteria in mind. Understanding their preferences and needs is crucial during the tenant screening process. The more boxes your property ticks on their checklist, the higher the chances of securing a tenant quickly and maintaining a long-term tenancy. Here are some essential factors that prospective tenants consider when...

When engaging in property transactions in Zambia, one common question arises: Who pays the property transfer tax? In this article, we will provide clear definitions and explanations to help you understand this aspect of real estate transactions. Defining Property and Property Transfer Tax: In Zambia, property refers to any land, including buildings and additions made to or on the land at the time of...

NOTE: 2022 Update here; 2022 Budget Changes on Rental Income Taxation Understanding and complying with tax obligations is crucial to avoid potential legal troubles. The Zambia Revenue Authority (ZRA) has been actively working to increase public awareness and compliance regarding various tax obligations, including the Withholding Tax on rental income. In this article, we will simplify the concept of...

Are you considering renting out your property? If so, there are a few essential things to keep in mind to ensure a swift rental process and secure a good price. Remember, it's not you who will be living in the house; it's your tenant. Therefore, it's crucial to make choices that prioritize durability, ease of cleaning, functionality, and longevity. Here are some valuable tips to enhance your rental...

When it comes to increasing property values, certain features like a remodelled bathroom or a desirable neighbourhood are well-known. However, some additional factors and circumstances can influence property values in ways you may not have considered. In this article, we will explore some of these often-overlooked elements and their impact on property valuation. Neighbours and Surroundings: The appeal...

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 purpose...

Welcome to the BCA Properties website! We are excited to introduce you to BCA Properties, Zambia's leading and innovative real estate company. Our goal is to exceed your expectations by providing client-focused services and tailor-made solutions to meet your specific needs. At BCA Properties, we believe in collaboration and actively seek partnerships with all stakeholders in the real estate sector. If you...

Are you ready to mark your calendar for the highly anticipated 2017 Zambia International Property Expo (ZIPExpo 2017)? This remarkable event brings together industry leaders who will provide valuable insights into the latest global innovations that are shaping the real estate landscape. At ZIPExpo 2017, you can expect to connect with a diverse range of professionals, including developers, banks, government...

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...