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...
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...
Statement on the Stamping out of Illegal Estate Agents in Zambia by Mr. Bryan Mushota Tembo, President of the Zambia Institute of Estate Agents (ZIEA) In pursuance of our new Mission Statement as an Institute, which is “To enhance professionalism in estate agency by stamping out illegal estate agents,” the Institute has commenced discussions with the Government of the Republic of Zambia as well as...
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...
You probably already appreciate how lucrative real estate investing can be. You should also know that real estate is one of the surest ways of building wealth not only for yourself but also for your future generations. For many, one of the key attractions for investing in real estate is having a passive monthly income from rental property. There are a number of other factors that attract people to invest...
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...
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...
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