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The Bulawayo property market is booming, with prices increasing by an average of 55% in the past five years. Cluster homes and townhouses are gaining popularity for their affordability and relaxed atmosphere in this vibrant city.
Considerations When Selling in Bulawayo
- High-end properties : Selling fancy houses in Bulawayo suburbs, such as Khumalo, Selbourne, Burnside, and Hillside can be tough! With the help of a savvy local agent, some killer staging, and a good price tag, you can be on your way to finding the perfect buyer in no time!
- Low-end properties: Locations such as Pumalo, Khumalo, and Romney Park may have issues like poor service or crime.
- Pricing and marketing: Seek expert advice to avoid common mistakes and attract buyers.When selling high-end properties in Bulawayo, there are two common pricing and marketing mistakes that can hinder a successful sale:
- Overpricing: Don't scare off buyers with sky-high prices! Do your homework on similar properties to set a price that's just right and makes buyers say, "I'll take it!"
- Ineffective marketing: If the property isn't effectively marketed to potential buyers, it can remain hidden from view and fail to generate interest.
- Payment methods:To steer clear of payment hiccups, explore diverse payment methods like cash, bank transfers, mobile money platforms, or flexible payment plans.
- Title Deeds: Ensure your property has a valid title deed, which serves as proof of ownership and is essential for transferring property rights.
What makes Bulawayo good for business?
- Strategic Location:
A major shipping hub, connecting South Africa to the rest of Zimbabwe and neighbouring countries. - Gateway to Tourism:
The gateway to the stunning Matobo National Park, attracting foreign tourists and offering opportunities for businesses in the tourism sector.
Conclusion
To successfully sell property in Bulawayo, it is essential to seek guidance, prepare thoroughly, follow tips to attract buyers, overcome challenges, and collaborate with reputable real estate firms.
