The Financial Side of Real Estate: Calculating ROI and Cash Flow for Investment Properties Many investors turn to real estate for building wealth. It is a popular strategy for securing financial stability. To achieve success in real estate investment means going beyond identifying the best real estate markets. It requires a thorough understanding of the financial aspects involved, particularly the...
Incorporated under the Societies Act, Chapter 119, the Zambia Property Owners Association (ZAPOA) is a pioneering 'not for profit' organization that has been a driving force in Zambia's commercial and industrial property sectors since its establishment on June 9, 2014. ZAPOA is more than just an association; it is a member-driven powerhouse that champions the interests of property owners, promotes...
Owning investment properties in Lusaka, Zambia, can be a lucrative venture, but managing them effectively from a distance can be a challenging task. That's where BCA Properties comes in. As a leading property management company in Lusaka, we specialize in providing comprehensive management services to property owners based in and outside of Zambia. In this article, we'll highlight the benefits of engaging...
Press Release: Addressing Corruption Vulnerability in Zambia's Land Sector. Transparency International Zambia (TI-Z) has brought attention to the significant risks and vulnerability to
When it comes to homeownership in Zambia, one of the key decisions to make is whether to buy an existing property or embark on the journey of building a new home. Although building is often the default route taken by most potential homeowners currently, both options have their advantages and considerations that you should carefully evaluate. Let’s explore some of the pros and cons of buying versus...
Are you a landlord in Zambia? It's crucial to understand your tax obligations when it comes to rental income. Rental income is subject to taxation in Zambia, and compliance is essential to avoid penalties. In this comprehensive guide, we'll walk you through everything you need to know about rental income tax in Zambia. Understanding Rental Income Tax in Zambia: Rental income tax refers to the tax...
Earth Day is an annual event celebrated on April 22nd to raise awareness about environmental issues and encourage people to take action to protect the planet. The first Earth Day was celebrated in 1970, and since then, it has become a global movement with millions of people participating every year. The theme for Earth Day 2023 is "Restore Our Earth", which focuses on restoring the planet's ecosystems...
As the year unfolds, it's crucial to set goals in various aspects of our lives, including education, career, and business. However, one area that should not be overlooked is real estate. Why? Because real estate not only serves as a foundation for financial freedom but also provides a sense of security and leverage. As you embark on defining your goals for the year, take a moment to ponder key questions:...
Recently the Zambia Revenue Authority (ZRA), officially announced and clarified the applicable changes to tax on rental income following the adoption of the 2022 National Budget by Parliament in late December 2021. The announcement on the 12th of January by the ZRA was followed by a number of well-planned informational sessions including a Facebook Live presentation and a Zoom webinar among others. This short article is a summary of these comprehensive informational sessions to serve as a short guide...
In the world of insurance, home insurance policies are often one of the most comprehensive ones. Typically, a home insurance policy will provide all-round protection which covers you, your house, your family members and also any liability which may arise. The case may not be so with other types of policies like auto insurance policies which only cover third party liability and damages relating to...