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...
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...
Preparing for a Successful Open House If you’ve recently put your home on the market or plan to do so soon, your realtor may have recommended hosting an open house. Make sure to consult with your realtor to determine the best way to stage your home—on the inside and the outside. Here are some tips on how to host a successful open house. Inside your home When potential buyers visit open houses, they...
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...