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Real Estate in Zambia

Posted by Property World Listings Team on 8 June, 2017
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Zambia, a country of magnificent beauty and friendly people, lies in the Southern of Africa. The country is divided into ten (10) provinces namely Lusaka, Copperbelt, Southern, Northern and Eastern Provinces. Others  are Central, North-Western, Western, Luapula and Muchinga Provinces. With the vast wide open spaces and many great rivers and lakes, Zambia offers a lot of opportunities in mining, fishing, wildlife, agricultural and real estate industry.

Real estate in Zambia has increasingly become sought after especially in the last decade. Leasehold and customary tenures are the two systems of land ownership in Zambia. The past decade has seen a significant investment in key sectors and the overall infrastructure.  Consequently, this significant investment has lead to a promising real estate market in the country.

Zambia has a total land area of 743 398 square kilometres (287 028 sq. miles). With a population of 17,197,705 as at 2017 estimate, 40.2% of Zambia’s population lives in urban. Zambia has never recorded any terror attack, war, fatal natural disaster nor any successful coup.  Additionally, not common to African countries, Zambia has a record of successful and peaceful change of governments. This thus makes Zambia one of the most peaceful and secure place to live in. And because of this, Zambia is a sung hero of peace and democracy in Africa.

Buying real estate in Zambia will expose you to the friendly people and also the possibility of access to rich minerals, great water bodies, wide open spaces and wealth wildlife.  Lusaka province, the home to the capital Lusaka, is the most invested in Residential and Commercial real estate in Zambia. Huge and wealth farms owned by mostly foreigners are common around Southern, Central and Copperbelt Provinces. Surrounded by eight countries, owning a property in Zambia presents the ideal base to explore Africa. The neigbouring countries include Angola, Congo DR, Botswana, Zimbabwe, Namibia, Mozambique, Tanzania and Malawi. These neighboring countries are in dire need of agriculture produce at high prices. As such therefore, farming is a profitable venture in Zambia.

The country expects to continue its high level of growth and development, making a home or farm in Zambia a savvy investment. Lusaka, the capital city and the Copperbelt Province, the centre of Zambia’s mining industry are the two primary business hubs. Over the past 5 years, these business centres have experienced unprecedented growth in interest in houses for sale and the property market on a whole.

If you have ever dreamed of living in the most secure and peaceful environment, buying a real estate in Zambia should definitely be your top target. Search for properties for sale in Zambia or see our trusted agent(s) in Zambia for help in all the necessary steps and requirements.

Life in Zambia

Education

Zambia offers a wide range of both public and private schools concentrated near the larger cities and industrial areas, catering to students of all ages. Here you will also find a choice of several technicons and numerous universities offering higher education.

Healthcare

Throughout the country, you will find various clinics and over 13 mission hospitals which offer a range of care and specialised treatments for the whole family.

Shopping

In the busy city centre of Lusaka you’ll find various fashion and lifestyle shops to meet your every need within Manda Hill, Great East Park, Levy Junction, Makeni, Cosmopolitan and Arcades Shopping Malls. Smaller towns and cities offer convenient shops for your everyday essentials while the local craftsmen offer an ever-inspired range of art and crafted wares.

Travel

As a landlocked country, Zambia offers easy access to its neighbouring African countries. There are also a number of airports dotted around this region, the largest being the Kenneth Kaunda International Airport in Lusaka.

Adventure

A no mention of Victoria Falls, one of the seven wonders of the world,  would incomplete the country’s profile. Zambia has a vast water supply, totaling 9,220 sq.km in water area.  The country is home to an array of waterfalls, a number of lakes throughout the country and vast areas of swampland. The most famous water fall being  Victoria Falls.

Zambia’s tourism capital, Livingstone, boasts of an array of activities around the magnificent Victoria Falls. During the last decade, the number of tourists visiting Livingstone has increased to over 250,000 per year. This boom in eco-tourism has resulted in unique property development and Zambian real estate opportunities. The Zambezi, Kafue and Luangwa rivers as well as lakes Tanganyika, Kariba and Mweru offer excellent opportunities for adventure and nature lovers.

More useful information can be found on Wikipedia and Palm Golding Websites.

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