In Zambia's evolving real estate landscape, property development emerges as a pivotal force poised to navigate the wave of anticipated economic growth. The symbiotic relationship between economic expansion and infrastructure investment, as highlighted in the 2020 Infrastructure Report by The World Bank, underscores the intrinsic link between property investment and development prospects. This article...
The African real estate market is undergoing a significant transformation, driven by the rapid adoption of technology. Digital platforms, innovative solutions, and emerging technologies are reshaping the way properties are bought, sold, and managed across the continent. This article explores the profound impact of technology on the African real estate market and the opportunities it presents for buyers,...
Source Discover the latest trends in the Namibian real estate market with insights from Africa Property News. In this comprehensive article, we delve into the growing interest from South African home buyers in Namibian properties, analyzing key factors driving this trend and its implications for the property market in both countries. Introduction: Exploring Cross-Border Property...
A housing issue exists in Namibia. A half million new homes are required, yet a 90percent of the total Namibian families could not be eligible for a loan to pay for them. The issues include perennially mishandled property market fundamentals, debt, modest wage gains, and a dependence on short-term loans. These currently prevent the majority of Namibians from owning homes. This, in turn, weakens the...
According to the Seeff Property Group, a house in a fantastic location may serve as the ideal holiday home due to ease of access for SA property purchasers. This is especially true in one of Southern Africa's neighboring nations. Namibia - a beachfront apartment in Henties Bay starts at R1.5 million. Namibia needs to be known across the world for its breathtaking landscapes along with tourist...
Real estate sector in Africa has been experimenting an impressive growth. On average, 10,000 accommodations miss each year in most of these countries, and despite some governmental endeavors, the shortfall is still important. According to several studies, African population is going to increase over threefold during the next 40 years. This demographic growth will inevitably go with a strong development...
Recently the current minister of finance explained in parliament that there was a serious need to optimise spending in this context of current economic uncertainty. But this situation does not mean that investing in property is a bad idea. Indeed, according to Standard Bank’s home loans sales manager, Caroline Orange, buyers have to take advantage of this period to buy much cheaper...
The average house in Namibia in June cost 6,4% more than a year ago. It represents a decrease compared to the period June 2015 - June 2016 when the increase was 11,6%. This was released in FNB Namibia's Housing Index in early November. As the economy only increased by 1,1% last year and with still jobs cuts in the country, disposable income is under significant pressure. As a result Namibian housing...
FNB Namibia’s Housing Index revealed yesterday that in June the average house in Namibia cost 6,4 per cent more than a year ago. Disposable income is under pressure and macro-economic challenges continue aggravating the Namibian housing market that saw the annual price growth slowing down to 6,4 per cent in June. This substantial decline is more evident in real price changes, which has been in the...
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