Extension for Existing Water Borehole Registration - WARMA The Water Resources Management Authority (WARMA) would like to inform the general public that the deadline for registration of boreholes which is scheduled for 30 September 2018 has been extended to 31st March 2019. The extension has been necessitated by an overwhelming response in the last two weeks close to the deadline and the need to...
Deciding between renting and flipping a residential investment property is an important choice for real estate investors. To determine the best strategy for your needs, it's crucial to understand the key differences between these two investment objectives. If you opt for flipping, you'll purchase a property at a discounted price to make quick improvements to increase its value. The goal is to resell the...
The real estate industry in Zambia has been influenced by technological advancements, leading some to question the necessity of real estate agents. However, despite the availability of online property portals for advertising, there are distinct advantages to utilizing the services of certified agents from the Zambia Institute of Estate Agents (ZIEA). In this article, we highlight six reasons why working...
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...
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...