Real Estate in Botswana
Last updated on Feb 04, 2024
Summary: An expat looking to buy a home in Botswana should start by researching the local real estate market. They should look for reputable real estate agents and brokers who can help them find the right property. They should also consider their budget and the type of property they are looking for. Foreigners are allowed to own property in Botswana, but there are certain restrictions. For example, foreigners are not allowed to own land, but they can own buildings and other structures on the land. Houses in Botswana typically include amenities such as running water, electricity, and internet access. Many homes also have air conditioning, swimming pools, and other luxuries.
How do I find a place to live in Botswana?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Botswana is to search online for rental listings. Websites such as Property24, Private Property, and Botswana Property Guide are great resources for finding rental properties in Botswana. Additionally, you can also search for rental listings on classifieds websites such as Gumtree and OLX. Additionally, you can also contact local real estate agents who can help you find a suitable rental property. Lastly, you can also ask around in your local community for any available rental properties," remarked one foreigner who made the move to Botswana.
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What is a typical expat home or apartment like in Botswana?
"Expat homes and apartments in Botswana tend to be modern and comfortable, with air conditioning, satellite TV, and internet access. Many expats choose to live in gated communities, which offer a sense of security and community. Expat homes and apartments often come with a variety of amenities, such as swimming pools, gyms, and tennis courts. Expats can also find furnished apartments, which come with all the necessary furniture and appliances," said one person in Botswana.
What is the average cost of housing in Botswana?
If you are thinking about moving to Botswana, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Botswana varies depending on the location and type of housing. Generally, housing in Botswana is relatively affordable compared to other countries in the region. The average cost of a two-bedroom apartment in the capital city of Gaborone is around $500 per month, while a three-bedroom house in a rural area can cost around $200 per month," remarked one member in Botswana.
Should I buy or rent a home in Botswana?
If you have not spent a lot of time in Botswana, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"When deciding whether to buy or rent a home in Botswana, it is important to consider your financial situation, lifestyle, and long-term goals. Buying a home can be a great investment, as it can provide you with a stable place to live and the potential for appreciation in value. However, it also requires a large upfront investment and ongoing maintenance costs. Renting a home can be a more affordable option, as it requires less of an upfront investment and no maintenance costs. However, it does not provide the same potential for appreciation in value. Ultimately, the decision to buy or rent a home in Botswana should be based on your individual needs and preferences," said one person in Botswana.
What do I need to know when buying property in Botswana?
When we asked expats what advice they would give a foreigner before buying a property in Botswana, they said:
"1. It is important to research the area you are interested in buying property in, as well as the local laws and regulations that may affect your purchase. 2. It is also important to ensure that you have the necessary funds to purchase the property, as well as any additional costs associated with the purchase. 3. You should also consider the potential for capital gains when buying property in Botswana, as the country has seen strong economic growth in recent years. 4. It is also important to ensure that you have the necessary documents and paperwork in order before making a purchase, such as a title deed and a valid deed of sale. 5. You should also be aware of any taxes or fees that may be applicable to the purchase of property in Botswana, such as transfer taxes and stamp duty. 6. Finally, it is important to ensure that you have the necessary legal advice and representation when making a purchase, as this can help to ensure that the transaction is completed smoothly and without any issues," said one person in Botswana.
Are foreigners allowed to own property in Botswana?
When we asked expats what advice they would give a foreigner before buying a property in Botswana, they said...
"Yes, foreigners are allowed to own property in Botswana. However, they must obtain permission from the Ministry of Lands and Housing before they can purchase land or property. Foreigners are also required to have a valid work permit or residence permit in order to purchase property in Botswana. Additionally, they must have a local partner who is a citizen of Botswana in order to purchase property," explained one foreigner living in Botswana.
What appliances are typically included in a rental?
We asked foreigners in Botswana what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Botswana, rental properties typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a microwave, dishwasher, and air conditioning unit. Depending on the property, additional amenities such as a clothes dryer, water heater, and security system may also be included," said one expat in Botswana.
Additional Information about Searching for a Home in Botswana:
We asked foreigners in Botswana what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Botswana by looking online for real estate listings, contacting local real estate agents, and asking friends and family for recommendations. They can also search for expat forums and blogs to get advice from other expats who have already moved to Botswana. Additionally, expats can attend open houses and viewings to get a better idea of what is available in the area," said one foreigner living in Botswana.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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