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Don’t Blink: Smart Tips for Property Investment

How many times has a colleague or friend mentioned a “difficult to imagine” opportunity, an industry to invest in, a project to back, and you hesitated? Someone talks about putting money into a particular sector for future gains; you nod, you stall… then the moment passes. Does that sound familiar? Life is full of these moments. You reassure yourself that next time you will jump in. But then again, you blink.

Reassurances are comforting, but they do not move money, and they do not build wealth. You have heard the phrase, “You need to spend money to make money.” It is true, however, no future investment is risk-free, even property.

So, when is the best time to buy? When is the best time to sell? That is the real question.

Right now, in Zimbabwe, we are seeing a surge in cluster and townhouse developments. But it is crucial to understand not all developments are equal. That is a thought borrowed from Animal Farm by George Orwell: “All animals are equal, but some animals are more equal than others.” The same applies here.

So how do you determine which development truly serves your best interests?

You need a realtor you can trust. Not every developer finishes their project on time, and not every finished project is worth your money. I know of a real development that has dragged on far beyond its promised completion date with no clear end in sight. That kind of delay does not just test your patience; it delays your return on investment.

And it is not just about finishing but also about how it is finished.

An unfinished project with solid fundamentals is better than a completed one that screams cut corners, cheap materials, and rushed workmanship. New developments will always have minor snags, but those can be fixed. What you do not want is a “new” property that starts costing you before it ever starts paying you back.

So, think carefully before you invest.

Speak to a realtor who is not just trying to push a sale, but is willing to say, “Walk away,” when something does not add up. If you blink, yes, you can miss the golden window on a good development. But if you rush in blindly, you may end up ruing what could have been.

Not all housing developments are a sure thing. The difference is who helps you choose.

 

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