Victoria Falls: A Thriving Tourist Hub with Ambitious Development Plans

A vibrant oasis in Zimbabwe, Victoria Falls captivates with its raw power and natural beauty. Home to the world-renowned waterfall, Mosi-oa-Tunya, the town thrives as a tourism hotspot. Immerse yourself in nature's grandeur and experience the magic of this iconic destination.

Historical Background

Victoria Falls was named by the Scottish explorer David Livingstone in 1855, in honour of Queen Victoria. However, it was long known to the indigenous Batoka people as "Mosi-oa-Tunya," which means "The Smoke That Thunders." The area around Victoria Falls has been inhabited for centuries, with evidence of early human settlements found in the region.

Natural Beauty and Features

Victoria Falls is formed by the Zambezi River, which plunges over a cliff into a narrow gorge, creating a spectacular cascade. The falls are approximately 1,708 metres wide and 108 metres high, making them the largest sheet of falling water in the world. The spray from the falls can be seen from miles away, creating a constant mist that sustains a lush rainforest ecosystem in the surrounding area.

Attractions and Activities

1. Waterfall Viewing: There are several vantage points on both the Zambian and Zimbabwean sides that offer breathtaking views of the falls. The Victoria Falls Bridge, which spans the gorge, provides a unique perspective of the waterfall and the surrounding landscape.
2. Adventure Sports: Victoria Falls is a haven for thrill-seekers. Activities include bungee jumping from the Victoria Falls Bridge, white-water rafting on the Zambezi River, and zip-lining across the gorge.
3. Helicopter Tours: For an unforgettable aerial view, helicopter tours are available, providing a bird's-eye perspective of the falls and the Zambezi River.
4. Safari Tours: The area around Victoria Falls is home to several national parks and wildlife reserves. Visitors can embark on safari tours to see a diverse range of wildlife, including elephants, lions, and hippos.
5. Cultural Experiences: The nearby towns of Livingstone (Zambia) and Victoria Falls (Zimbabwe) offer rich cultural experiences, with local markets, traditional dance performances, and museums dedicated to the history and heritage of the region.

Accommodation and Hospitality

Victoria Falls boasts a range of accommodation options, from luxury lodges and hotels to budget-friendly hostels and campsites. Many of these establishments offer stunning views of the falls and the Zambezi River, along with excellent amenities and services.

With a population of approximately 40,000 people, Victoria Falls has experienced rapid growth in recent years, earning its city status in 2020. The government has implemented various development plans, including the Victoria Falls Area Tourism Development Plan and the Special Economic Zone (SEZ) corridor, to further enhance the city's infrastructure and attractions.

Conservation and Sustainability

Efforts are being made to preserve the natural beauty and biodiversity of Victoria Falls. Both Zambia and Zimbabwe have established national parks and conservation areas to protect the falls and the surrounding ecosystems. Sustainable tourism practices are encouraged to ensure that future generations can continue to enjoy this natural wonder.

A City on the Rise:

Victoria Falls' population has significantly grown since 2012, and it officially achieved city status in 2020. The future looks bright with development plans in place, including the Victoria Falls Area Tourism Development Plan and the Special Economic Zone (SEZ) encompassing various regions.

Real Estate Boom:

The city's popularity as a tourist destination has fueled demand for housing, with projections reaching over a million residents in the future. This surge has also driven up demand for commercial land.
The city offers a range of accommodation options, from budget-friendly camping and bed-and-breakfast establishments to luxurious resort hotels and safari lodges. Visitors can enjoy a variety of activities, including game drives, white-water rafting, and helicopter tours over the falls.

Victoria Falls is also a prime location for property investment, with high demand for residential and commercial land. Prices for land are competitive, with residential plots starting at $50-100 per square metre and commercial plots at $75-150 per square metre. Modern developments, including townhouses, bungalows, luxury villas, and apartments, are available for purchase, with prices ranging from $150,000 to $300,000.

Education and Shopping:

The city has a range of amenities, including top-notch schools, shopping centres like Elephant Walk and Sawanga Shopping Mall, and a state-of-the-art international airport. The Victoria Falls Stock Exchange, established in 2020, has positioned the city as an emerging financial hub.

Schools in the city include Chamabondo Primary School, Baobab Primary School, Chinotimba Primary School, Kings Primary School, Victoria Falls Primary School, Mkhosana Primary School, St Josephine Bakita Primary School, Mkhosana Adventist Primary School, Jacaranda Primary School, Mosi-oa-Tunya High School is and Mkhosana Adventist Secondary School (MASS). 

International Connectivity:

Victoria Falls boasts a state-of-the-art international airport, ensuring convenient access. Additionally, the city aspires to become an international financial hub, with the Victoria Falls Stock Exchange already established.

Immense Potential:

Victoria Falls' future is brimming with potential. The majestic waterfall, with its unique geological and geomorphological features, is a powerful draw for tourism and economic development. The success story of Niagara Falls, another iconic waterfall city, serves as an inspiration for Victoria Falls' own ambitious plans.

With its stunning natural beauty, rich cultural heritage, and growing economy, Victoria Falls presents a unique opportunity for investors, tourists, and residents alike. Whether you're looking for a tranquil retreat or a thriving business environment, Victoria Falls has something to offer.

Visit our website at property.co.zw to explore property investment opportunities in Victoria Falls.