What do I need to know when buying property in Zimbabwe?
When we asked expats what advice they would give a foreigner before buying a property in Zimbabwe, they said...
"1. It is important to research the local market and understand the current economic and political situation in Zimbabwe before making any decisions about buying property. 2. It is also important to understand the legal framework for buying property in Zimbabwe, including the process for registering a property and the associated costs. 3. It is advisable to seek professional advice from a qualified lawyer or real estate agent to ensure that all legal requirements are met. 4. It is important to be aware of the potential risks associated with buying property in Zimbabwe, such as the risk of political instability and the potential for land disputes. 5. It is also important to be aware of the potential for corruption and fraud when buying property in Zimbabwe. 6. It is advisable to obtain a survey of the property before making any decisions about buying it. 7. It is important to be aware of the potential for inflation and currency devaluation when buying property in Zimbabwe. 8. It is also important to be aware of the potential for taxes and fees associated with buying property in Zimbabwe," explained one expat living in Zimbabwe.
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What do I need to know when buying property in Zimbabwe?
If you live in Zimbabwe, newcomers to Zimbabwe would love to hear your answer to this question:
