A country of breath-taking beauty and natural real estate, buying property in Zambia will introduce you to warm, friendly people and a wealth of wildlife and wide-open spaces. Property in Zambia has become quite an attractive option as it is one of the twenty least densely populated countries in the world, and is poised to take on opportunities to develop its peri-urban areas.
During the past decade, significant investments in key sectors and the overall infrastructure of Zambia has led to solid economic growth and a budding property market. The country is expected to continue its high level of growth and development, making a home or farm in Zambia an ideal investment decision. Its two primary business hubs are the capital city, Lusaka and the Copperbelt Province, which is the centre of Zambia’s mining industry. Over the past five years, these business centres have experienced unprecedented growth in terms of the interest in houses for sale in Zambia and the property market on a whole. Find out more about the houses and farms for sale in Zambia and more about living in this beautiful African country below.
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• Explore Africa: Surrounded by Angola, Namibia, Botswana, Zimbabwe, Mozambique, Malawi, Tanzania and Democratic Republic of Congo, a property in Zambia presents the ideal base from which to explore Africa.
• Game viewing: Zambia is blessed with some of the best natural game viewing venues in the world. When you live in Zambia, you have access to over 20 national parks, each boasting an array of wildlife. A strategic commitment to setting aside a significant number of national parks, coupled with a strong anti-poaching movement, has placed Zambia in the enviable position of providing some of the finest wildlife adventures in Africa. Farms for sale in Zambia are extremely popular for this very reason.
• Livingstone: Zambia’s tourism capital, boasts an array of activities around the magnificent Victoria Falls. During the last decade, the number of tourists flying into the Livingstone airport has grown exponentially from 4,000 per year to over 250,000 and this boom in eco-tourism will result in unique property development and Zambia real estate opportunities in the years to come.
• Nature: With its access to a vast water supply, Zambia's natural real estate boasts an array of waterfalls, the most famous of which is Victoria Falls, a number of lakes throughout the country and vast areas of swampland. The Zambezi, Kafue and Luangwa rivers as well as lakes Tanganyika, Kariba and Mweru offer excellent opportunities for adventure and nature lovers.
Livingstone, Zambia’s tourism capital, boasts an array of activities centred on the splendour of Victoria Falls. During the last decade, the number of tourists flying into the Livingstone airport has grown exponentially from 4,000 per year to over 250,000 in 2007. This boom in eco-tourism will result in unique property development and Zambia real estate opportunities in the years to come.
The four main multi-national banks are Barclays Bank Zambia, Citibank, Stanbic (known as Standard Bank in South Africa) and Standard Chartered Bank. There are also some significant local banks, including Finance Bank, Indo-Zambia Bank, Investrust Bank and Zambia National Commercial Bank.
The monetary unit is the Zambian Kwacha. After over 15 years of rapid depreciation, the Kwacha has experienced a period of consistent stability in the past three years and has appreciated against the US Dollar, which is the preferred hard currency in Zambia.