Continue with Facebook
Continue with Email
Victoria Falls is a small and growing town situated in the north-west corner of Zimbabwe on the Zambezi Valley. The city is home to the world famous Victoria Falls, on the Zimbabwe-Zambia border. The Victoria Falls or Mosi-Oa-Tunya (The smoke that thunders) is also known world-wide as one of the ‘Seven Natural Wonders of the World’.
The city lies immediately next to the falls, a major and popular tourist destination. The city is situated within the wider Victoria Falls National Park and a short distance upstream lies the Zambezi National Park.Victoria Falls town is a special place where there is the privilege of co-existing with wildlife.
For tourists and visitors, the city offers a full range of accommodation options, from camping, bed and breakfast, self-catering to luxury resort hotels and safari lodges. Victoria Falls, boasts of some of the best hotels and safari lodges in the country if not the whole Southern African region.
In 2012, Victoria Falls had a population of 35 000 people and is estimated to have increased to over 100 000 currently. Victoria was accorded a city status in 2020 and there are plans to further develop the it through the Victoria Falls Area Tourism Development Plan and the Special Economic Zone (SEZ) corridor which comprises Masuwe Stateland, Batoka City, Mlibizi, Binga Centre, Sijalila, Hwange Hinterland and Gwayi Shangani resort.
Demand for housing and growth of the city is expected to expand to over a million residents depending on the availability of land and the standards of development. Demand for commercial land is always high in the city given its scarcity and the rising opportunities due to growing popularity for Victoria Falls as an international tourist destination.
Prices for land are currently within the following ranges
Residential Land Price per Square Metre (Prime) - $50-100/m2
Commercial Land Price per Square Metre - $75-150/m2
There are recent and morden developments which are being sold in the city in the form of TownHouses Bungalows Luxury Villas and Apartments selling between US$150 000 to US$300 000 depending on sizes, etc.
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).
Elephant Walk, Sawanga Shopping Mall, Victoria Falls Shopping Centre and Phumula Centre are some of the major shopping centres located in the city. Victoria Falls, also boasts of a state-of-the-art International Airport. The city is also being promoted as an International Financial Hub with the Victoria Falls Stock Exchange established and located within its boundaries.
The City of Victoria Falls has immense development potential, being home to be the biggest waterfall in the world, which is popular for its exceptional geological and geomorphological features with outstanding beauty. The second largest waterfall (Niagara Falls) is already established in all aspects of residential, tourism and economic development and this speaks potential for the City of Victoria Falls.
To find property investment opportunities in Victoria Falls visit our website www.property.co.zw
