4 Compelling Reasons to Join or Start a Local Neighbourhood Association Today Are you wondering why you should consider joining or starting a local neighbourhood association? In this article, we'll explore four key reasons that highlight the importance of being part of a neighbourhood association or initiating one if there isn't already one in your area. As a resident or homeowner, it's natural to desire...
6 Tips When Looking For Rental Property In Lusaka Here are 6 tips when looking for a rental property in Lusaka. We hope this saves you time and a potential disaster story in which you're the victim! Feel free to add to these your own tips in the comment section. 1. Use a real estate agent. Yes, it sounds biased coming from an agency right? Truth is, however, while some people think searching for the...
Types of Real Estate Investments in Zambia When it comes to real estate investment in Zambia, there are several types of opportunities available to both local and international investors. Here are the common types of real estate investments in Zambia. 1. Residential Real Estate Investment Residential real estate investment is a popular choice in Zambia. As a residential real estate investor, the first...
Your Prospects for Success in Zambian Real Estate for 2018 What are your prospects for success in Zambian real estate for 2018? Can you increase your potential success? Are you interested in real estate? Most likely YES right... Are you interested in Zambian Real Estate? Well, you should be! Come join BCA Properties as we host key industry stakeholders in the real estate sector to discuss trends,...
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...
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...
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...