Real Estate

6 Compelling Reasons to Choose Real Estate Agents from the Zambia Institute of Estate Agents (ZIEA) - Continued... Reason 5: We Understand the Zambian Real Estate Market and Learn from Key Players Why Should You Use a Real Estate Agent? So, you've made up your mind to dedicate sufficient time to prioritize the sale or rental marketing of your property and the related activities. But do you possess an...

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,...

Reason 3: Simplifying Property Buying in Zambia Purchasing property is a complex process in many parts of the world, and Zambia is no exception. Without proper guidance, buyers can encounter numerous challenges and face the risk of investing in properties without proper due diligence. In this article, we explore how using a real estate agent registered with the Zambia Institute of Estate Agents (ZIEA) can...

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...

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...

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...