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Introduction: The Diaspora Effect
Zimbabweans living abroad continue to be a major force in the real estate market, accounting for a significant share of property purchases across the country. With over $1.7 billion in diaspora remittances recorded in 2023 (RBZ), the appetite for land, cluster homes, and investment properties has only grown in 2025.
But where are these buyers focusing their attention now? What types of properties are most in demand? And how is the industry adapting to make purchasing easier for those abroad?
Let’s unpack the diaspora property investment trends shaping 2025.
Top Locations for Diaspora Buyers in 2025
According to data from Property.co.zw and developer reports, here are the most popular areas for diaspora investment:
- Mount Pleasant Heights offers secure cluster housing with solid infrastructure and access to good schools, priced between $35,000 and $90,000.
- Borrowdale West & Pomona feature upmarket, modern homes in gated estates, with prices ranging from $60,000 to $150,000.
- Ruwa & Damofalls offer affordable stands with flexible payment terms, priced between $15,000 and $40,000.
- Norton provides lower-priced options with ample room to build, with properties ranging from $10,000 to $35,000.
- Mazowe & Bindura Corridor offer agricultural plots and peri-urban homes, priced between $8,000 and $30,000.
“Many diaspora clients are now prioritising security, internet connectivity, and long-term value — not just price,” says a Harare-based agent working with overseas buyers.
What Are Diaspora Buyers Looking For?
1. Serviced Stands
- 40–60% of diaspora inquiries are for titled and serviced land.
- Buyers want flexibility to build over time but demand clear documentation and utility access.
2. Gated Cluster Developments
- Cluster homes are seen as low-maintenance, secure investments.
- Most popular in Mount Pleasant Heights, Mabvazuva, and Arlington Estate.
3. Dual-Purpose Properties
- Many Zimbabweans abroad are investing in homes they can rent now and live in later.
- Suburbs with stable rental markets like Avondale, Marlborough, and Tynwald are seeing increased diaspora traffic.
4. Installment Payment Options
- Flexible payment plans (6 to 24 months) remain a major motivator.
- Projects offering USD installment plans and diaspora-specific packages are thriving.
Key Drivers of Diaspora Investment in 2025
- Fear of Currency Volatility: USD-priced assets offer security amid local currency instability.
- Family Support & Retirement Planning: Many are building retirement homes or supporting parents back home.
- Rising Trust in Developers: More diaspora-friendly developers now provide transparent processes, digital tours, and online payment options.
- High Rental Yields: Diaspora buyers are earning 6%–12% gross rental yields in select suburbs.
Challenges Diaspora Buyers Still Face
- Title Deed Concerns: Scams and unclear land documentation remain a top fear.
- Limited Financing Options: Few diaspora mortgage products are available, though CBZ and ZB Bank are piloting some.
- Lack of Verification Tools: Buyers often rely on relatives or agents, which can be risky.
Tip: Work with registered agents and verify developments through ZIDA or Urban Councils.
Outlook for 2025 and Beyond
As Zimbabwe's real estate market stabilizes and grows, diaspora interest is expected to remain strong, especially in:
- Smart city zones (e.g. Cyber City, Mazowe Satellite City)
- Gated middle-income suburbs
- Hybrid residential-agricultural plots
“Diaspora buyers are now more informed, more cautious — but also more committed to investing back home,” says a local market analyst.
Thinking of Buying From Abroad?
Whether you're based in the UK, South Africa, USA, or Australia, property.co.zw makes it easy to:
- Browse verified listings
- Contact agents directly
- Explore serviced stands and gated communities
- Understand pricing, title status, and payment plans
Visit www.property.co.zw today and start building your legacy back home.
