By submitting this form, you are agreeing to the Terms of Use and Privacy Policy.
In Zambia’s economic growth, urbanization, and sociological advancement, real estate is essential. Residential, commercial, industrial, and agricultural property kinds are only a few of the several property categories included in Zambia’s real estate market.
Real estate is the main source of housing for Zambia’s expanding population in the residential sector. In places like Lusaka, Kitwe, and Ndola, urbanization and rural-to-urban migration have raised the demand for housing.
Real estate developers have played a significant role in meeting this need by creating housing units that are suited to different income levels, but issues with affordability and availability of essential services continue.
The economy and business operations depend on commercial real estate. Office buildings, shopping malls, and retail locations can be found in Zambia’s major cities, supporting trade, the generation of jobs, and capital investment. The growth of commercial real estate considerably boosts the economy’s competitiveness and vibrancy in the nation.
Real estate is a major component of Zambia’s agricultural economy since it supplies the land needed for raising crops and raising livestock. For the industry to expand and become more productive, land ownership and management are essential, and agricultural land is frequently involved in real estate deals.
Investments in public areas, utilities, and roads play a crucial part in property development, and real estate growth is thus closely linked to infrastructure development. Property management firms assist in ensuring the effective upkeep and administration of real estate assets, enhancing their long-term value.
The Zambia Real Estate Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
Official opening of Zambia International Property Expo. At a press introduction held at the Protea Hotel Towers in Lusaka, the first Zambia International Property Expo was introduced to the media by SmartHomes Zambia, First National Bank Zambia (FNB), Stanbic, ZAPOA, and Knight Frank, with the Zambia Green Jobs Programme serving as the Official Partner.
The Zambia Green Jobs Programme and its partners will use the ZIP Expo, which will be held in Lusaka, as a stage to present the economic benefits of green building and construction.
The New Government Complex in Lusaka will serve as a platform for developers, suppliers, banks, financiers, government organizations, real estate agents, and builders to showcase their services and expertise, introduce new products, and give customers a chance to learn more about the industry’s offerings.