Seeff Botswana

From a small start-up business in 2004, Seeff Properties in Botswana has grown to an agency of 10 agents covering most aspects of the property market - from high end residential to commercial, industrial, tourism and agricultural properties.

The company also opened a valuations division in 2012 which provides property valuations services to banks, corporate and private institutions as well as independent clients.

Now is the time to invest in property in Botswana. Not only does the country have very modern amenities, but in 2016 Gaborone was also listed as number five of the top cleanest cities in Africa.

Modern shopping malls with chain stores from South Africa and some international brands have mushroomed up around the country. Palapye along the Eastern side of the Country probably boasts the highest density of new state of the art shopping malls and the largest Nandos drive through in the country.

For investment purposes, industrial properties probably give the highest return on investment. New developments in the Gaborone New CBD have attracted investors in the commercial market as well as a number of financial institutions, consultants and law firms as owner occupiers.

In the residential space there is still only one Golf Estate with approximately 280 houses. Entry level is around the P 3 Million mark, but houses have sold on the secondary market for up to P 15 Million.

Seeff Properties Botswana prides itself with having sold the most houses on the secondary market in the Golf Estate to date.

Other popular areas are Central (Extension 9 and 11), Greater Phakalane suburb, Kgale View, Mokolodi, Sentlhane and Notwane. There are also new developments at Setlhoa Village and Block 10 which are close to the airport, Airport Junction and Sebele Malls.

The population of Botswana is estimated to be around 2,2 million of which most of the population aspire to own their own homes. Through the tribal land system every Motswana is entitled to apply for land in their home village or constituency which is then allocated to them on an almost free basis.

At Independence in 1966 there was 12kms of tar road in the whole country and no municipal facilities.

Gaborone - the capital - was envisaged to house a population of 20,000 people, but today it is home to over a quarter of a million people.

Most villages today have tar roads, mains electricity, running water, a clinic, a primary school and other government facilities.