Zimbabwe Real Estate

Introduction

Zimbabwe real estate business activities primarily deal with the ownership and transfer of physical properties in Zimbabwe and is going to be one of the booming business markets in Zimbabwe. The Government of Zimbabwe is trying to maintain the political stability of the country. As a result of this, the real estate market potentiality in Zimbabwe is also maturating.

Zimbabwe real estate market potentiality

Zimbabwe is gradually becoming a politically stable country. The opportunities to acquire real estate properties are rising and at the same time property prices are also climbing up. Different types of properties are available in Zimbabwe, specifically in Harare. Property types vary from traditional country houses to domestic houses and flats.

Real estate agents

Some of the leading real estate agents in Zimbabwe are Seeff Zimbabwe, DBT properties, royal real estate, fingold properties, kennan properties, fairvest real estate, rodor properties, northway real estate, pam golding properties, colloid real estate, heaven on earth real estate, t.w.r.e. Zimbabwe, fox and carney properties, robert root, keystone real estate etc.

Zimbabwe real estate services

Almost all the real estate agents in Zimbabwe provide some common real estate services, which are designed to identify, anticipate and satisfy the needs of the customers. Some of the essential real estate services provided by these real estate agents are property sales, property valuation, property management, auctioning, property development etc.

Property sales include selling of immovable property, suggesting clients regarding real estate matters like transfer and bond registration, society inspection fees etc.,
Property valuation comprise of valuation of land, building, plant, machinery and all movables for selling and purchasing properties, mortgage and loans, taxation, rating, leasing, insurance etc.
Property management is concerned with the activities regarding management of client's residential, commercial and industrial property, including negotiation of leases, collection of rents etc.
Auction: It is primarily concerned with auctioning of movable and immovable properties in Zimbabwe.
Property development: This real estate service basically deals with the activities like appraisals, evaluation and design of properties, policy analysis, urban planning, research analysis, preparation of development plan etc.

Key persons involved in Zimbabwe real estate industry

Essential components or key persons involved in Zimbabwe real estate industry are appraisers, brokers, attorneys, mortgage brokers, salespersons, surveyors etc.

Market analysis report

Some market analysis reports reveal that in the year 2001, the real estate business in Zimbabwe experienced a modest growth of 6.5%, which was 4% of GDP(Gross Domestic Product).