Property for sale in Zimbabwe

1/ Capital: Harare

Is the capital of Zimbabwe. It has an estimated population of 1,600,000, with 2,800,000 in its metropolitan area (2006).

2/ Country: Zimbabwe

Is a landlocked country, located in the southern part of the continent of Africa, between the Zambezi and Limpopo Rivers. It is bordered by South Africa to the south, Botswana to the southwest, Zambia to the northwest, and Mozambique to the east.

3/ Property for sale in Zimbabwe

Zimbabwe and Harare currently offer some excellent opportunities to acquire property and real estate. Once political stability returns to the country, property prices will surge considerably.

The types of property available in the prestigious northern suburbs of Harare vary from magnificent traditional and ultra modern country houses set in acres of ground to new cluster homes or flats and apartments with the ultimate in security and contemporary fixtures and fittings.

Property investors in South Africa are encouraged by a wider selection of properties and taking advantage of bargains as over-extended owners come under pressure to sell because of higher interest rates.

New investors are not primarily interested in the buy-to-let market. Rather they see the current conditions as a good opportunity to buy quality homes as a longer-term investment that can double up as a holiday home or eventually as a retirement home

The political crisis in neighboring Zimbabwe could have a negative effect on property investment according to the Chamber of Commerce and Industry who described the current situation as 'a black cloud

The political turmoil in Zimbabwe and the poor response it has elicited from certain African quarters has led to negative sentiment towards southern Africa. This accordingly weighs negatively on business confidence in South Africa and has implications for all sectors including property.