property

The year 2022 has indeed been anticipated as a better year for the real estate sector as we progressively emerge from a global pandemic, especially with the easing of the Covid 19 enforced regulations that harmed our life and the sector. Several patterns in the real estate sales and property market have steadily risen. However, many latest ideas have emerged as we gradually return to our daily lives and...

The managing director of Rhuwa Property, Bigman Zvavandanga, stated that the sudden interest in investment by healthcare workers in real estate had raised the sector economically. Despite the COVID-19 breakout, while all the sectors are suffering, Zimbabwe's real estate is heading forward. According to the managing director, the last few months were not in favor of real estate as the country was facing...

From senior reporter Vusumuzi Dube The Estate Agents Council has blacklisted 79 Estate agents not to be officially registered at the council for most. In some cases, the entities/individuals are not registering the proper account. In a public statement, the Estate Agents Council also notified the people to beware of dealing with these blacklisted entities further that the Compensation Fund and the...

Recently, property development and investment organization Mashonaland Holdings Limited published a trading update spanning the first quarter. It established a few problems that were severely limiting the industry of real estate. These conditions have further deteriorated due to the outbreak of the pandemic of Novel Coronavirus. The organization states that the sharp and consistent fall in buying capacity...

It was a relief for white farmers who are set to be given leases of up to 99 years just as their black counterparts. During his inauguration, President Emmerson Mnangagwa promised that his government was going to foresee that white farmers would be compensated for their lost properties. The white farmers had their land forcefully taken under previous president Robert Mugabe regime in the controversial land...

A property represents a big financial investment and you have to know something really important before signing the contract. Regional Director and CEO of RE/MAX of Southern Africa Adrian Goslett explains that the most important factor to consider when buying is location. “Most buyers in today’s market will know that location is important, but not everyone knows what elements make an area a good...

The house that we own is probably the most expensive thing we have. But the interesting fact and awkward at the same time is that for the vast majority of us, we don’t really know our property’s value. Denis Quayle, Principal at Harcourts Maynard Burgoyne, has a strong view on this issue. “After all, most of us are working off a bond, so we can give a rough-and-ready estimate that pegs our...

According to a report by international property firm Knight Frank, rents in Zimbabwe are the lowest in sub-Saharan Africa. The same report states that the issue is due to long existing economic problems that lead to very low demand for properties in all sectors. The most expensive residential properties in Zimbabwe have an average of $2,000 per month, the most expensive after Botswana at an average of...

First Lady Grace Mugabe seems to have a spending habit. Even though her business empire is incurring perennial losses since 2003, she has spent millions of dollars on cars, houses and jewellery. This is not it. Grace has lately gone on a mission to expand her real estate portfolio and she purchased a US$4,2 million plot in the exclusive Helensvale area of Harare’s Borrowdale suburb. The plot was meant...

There are a lot of builders in Zimbabwe and the market is quite concentrate, so you will need to do some researches to find the one who fits the best to your needs. Pay more and save money When it comes to select the builder, we often start by looking at the prices and then the service, it can be a mistake. At first you save money for sure and it is good when you have a lot of works to do, but on the...