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...
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...
Finding The Right Fit Property Manager Finding the right fit property manager for your property investment can make the difference between success or failure for your investment. You will typically find property managers in all segments of the market so it is important to find the right fit for you and your investment property. Here are some quick tips to help you achieve this; Branding The outward...
Invest in International Real Estate Today - with BCA Properties Invest in International Real Estate today with BCA Properties and diversify your property investment portfolio beyond borders. If you’re looking to invest beyond borders, Dubai offers some of the best returns on investment (RoI) for your real estate investments. Dubai is a top destination for all sorts of travellers - business, leisure,...
The Lucrative Niche of Student Housing in Zambia Just how lucrative a property investment is student housing (boarding houses) in Zambia? In this article, we explore some interesting trends and facts to keep in mind and discuss the potential in this niche investment opportunity. Zambia has a young growing population estimated at approximately 17 million as of 2018 with over 45 percent of this population...
5 Essential Elements Of A Contract Of Sale: Buying Property In Zambia The contract of sale is an essential part of the process when buying property in Zambia. The contract of sale is a formal document outlining terms and conditions by which a seller agrees to sell and a buyer agrees to buy a property described in the document. The contract is signed by both parties after a final draft is agreed upon by the...
How To Get A Title Deed In Zambia - The Right Way! How does one get a title deed in Zambia? What is a title deed? Let’s begin with some definitions. According to Business Dictionary, A Title Deed is a “legal document (instrument) executed and acknowledged under the seal and in the presence of a notary, evidencing the right of ownership to a property described therein”. A notary is a person licensed...
WARMA: Your Go-To Authority for Water Use in Zambia Who is WARMA? The Water Resources Management Authority (WARMA) is an autonomous body established by the Water Resources Management Act, No. 21 of 2011 of the Laws of the Republic of Zambia. WARMA exercises control over all water resources in Zambia hence its importance when it comes to your real estate matters in Zambia. WARMA is your mandated authority...
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