What do I need to know when buying property in Zambia?

When we asked expats what advice they would give a foreigner before buying a property in Zambia, they said...

"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the legal requirements for purchasing property in Zambia, including the need to obtain a valid title deed. 3. It is important to be aware of any taxes or fees associated with the purchase of property in Zambia. 4. It is important to be aware of any restrictions or regulations that may apply to the property, such as zoning laws or building codes. 5. It is important to be aware of any potential environmental hazards that may be present on the property. 6. It is important to be aware of any potential risks associated with the purchase of property in Zambia, such as political instability or economic uncertainty. 7. It is important to be aware of any potential risks associated with the financing of the purchase, such as interest rate fluctuations or currency exchange rate changes. 8. It is important to be aware of any potential risks associated with the maintenance of the property, such as the need for regular repairs or upgrades. 9. It is important to be aware of any potential risks associated with the sale of the property, such as the need to find a qualified buyer or the potential for a decrease in the value of the property," wrote a member who made the move to Zambia.

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