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Zimbabwe

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Zimbabwe's real estate market has experienced significant fluctuations in recent years due to economic instability and political uncertainty. The country has faced hyperinflation, currency devaluation, and property seizures, which have adversely affected the real estate industry.

Despite these challenges, there is still a demand for housing in Zimbabwe, particularly in urban centers like Harare and Bulawayo. The demand for commercial and retail space has also increased due to the growing business sector in the country.

The government has implemented policies to support the development of affordable housing, which has helped to boost the residential real estate market. However, the commercial real estate market has faced challenges, including low occupancy rates and high rental prices, which have affected the growth of the sector.

The legal and regulatory framework in Zimbabwe has also been a challenge for investors, with issues around land ownership and property rights. Access to financing has also been limited, further hindering the growth of the real estate industry.

In summary, Zimbabwe's real estate market remains challenging due to economic instability, political uncertainty, and legal and regulatory issues. However, there are still opportunities for investment, particularly in the residential real estate sector, which has shown some growth in recent years. It will require continued investment in infrastructure and regulatory framework to stabilize and grow the industry.


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