15/03/2025
CEDA, NDB, STANBIC & ABSA MULTI RESIDENTIAL PROPERTY APPLICATIONS
Every human being needs housing to survive. As the population of cities continues to grow, housing providers are under immense pressure to expand the current housing supply. To address the housing scarcity, real estate developers have begun to build intense units. These denser apartments also appeal to the government since they are thought to help achieve the sustainable development goals by reducing urban sprawl and facilitating inner-city redevelopment.
Although some are still struggling with were to start, finding it overwhelming and too expensive to get to the final stage here is were to start, time period and what you need in case you need to invest into property. Let’s start from acquiring a plot.
Purchasing Plot: - Several factors are very important to consider where to buy your plot, Plot size, location, existing structures, available services in the vicinity, distance to the shops or taxis, crime rate in the area, if the plot has a tittle deed unless otherwise if it doesn’t have one the price is lower than the standard of the vicinity.
What has seemed more ideal especially in areas like Gaborone, Maun, Sese Mmopane, Oodi etc is buying a 1000sqm+ plot. Although these agencies or Banks won’t agree financing your 15+ units at once, make sure the plot you buy allows you to fit council approved 6+ multi residential units. Also make sure;
✅ Price: For your proposal to be viable for funding make sure your 1 bed unit (bachelor pad) is BWP1800+ per month, 2 bedroomed 2500+.
✅ Diligence: Make your due diligence about the plot, if the certificates presented are not fake, if there isn’t any application of change of ownership present, if the person claiming to be the owner is really the owner.
NB: IF YOU’RE STRUGGLING WITH FINDING AN IDEAL PLOT, LET US POINT YOU TO THE RIGHT DIRECTION
CALL ON THE EXPERTS
Call 267 71 734 036
WhatsApp 267 72 826 306
Email [email protected]
CHECK REQUIREMENTS ON COMMENT SECTIONS……
