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? Do you know your obligations when it comes to rental income tax? Rental income is subject to tax in Zambia, and landlords need to understand their tax obligations to avoid penalties and ensure compliance. In this guide, we'll cover everything you need to know about rental income tax in Zambia. Understanding Rental Income Tax in Zambia Rental income tax is a tax on the...
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...
Types of Real Estate Investments in Zambia: Option 1, Bare Land If you're considering investing in real estate, you'll never go wrong with most investment choices. After all, the advantages of real estate investing far outweigh any disadvantages in the long run regardless of your choice of investment. Let us have a quick look at some of the types of real estate investments in Zambia that you might want...
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...
Property insurance is an insurance product that provides coverage for a building structure(s) and its contents against natural or manmade calamities. The coverage provided by the property insurance is not fixed and often varies depending on the type of insurance taken and the needs of the consumer. To begin with, property insurance is essentially designed to cover private homes and their contents. Premium...
There are many ways in which you can find a great property for your real estate investment. The problem lies in the fact that many would-be investors are not exactly certain what specific types of investment they wish to make. Unfortunately, the type of investing will greatly affect the type of property that will best suit your real estate needs. This article focuses on finding a great property for the...
Hot tips to get your property rent-ready for 2021 Get your property rent-ready for 2021 now. Getting the right tenant and keeping the right tenant takes some effort in maintaining your rental property. With a very competitive rental market in most mid to high-end markets, it is critical to keep your rental property in tip top condition if your property is to return top tenants. There are a few things...
In our Guest Blog Post by Jamie Moulton from Just Property, you’ll get 14 vital tips to keep in mind when buying your first investment property. 14 Tips When Buying Your First Investment Property Buying your first investment property is a daunting and overwhelming process on its own. And diving right into it without having the required knowledge will cost you a lot of time and money. Which is why we...
How to Find Real Estate in Zambia in 2021 – Stay Safe! How does one find real estate in Zambia in a more efficient, time saving – safer way? Looking for real estate in Zambia can often be a somewhat frustrating process. With limited online data and trustworthy information on expected prices and standards, the process can easily turn frustrating. More especially if you do not use the right estate agent...