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Buying your first home is thrilling but it can also be overwhelming. From navigating paperwork and securing financing to choosing the right location, there’s a lot to learn. Luckily, experienced real estate agents have seen it all. At property.co.zw, we spoke to leading local agents who shared the top things they wish first-time buyers knew to save you money, stress, and costly mistakes.
In Zimbabwe, first-time buyers made up nearly 38% of all property transactions in urban areas in 2024, according to the Zimbabwe Real Estate Institute (ZREI). And with demand rising, it’s more important than ever to be prepared.
1. Get Pre-Approved Before You Start Browsing
Why it matters: Knowing your budget isn’t enough. You need to know what the bank or mortgage institution will actually lend you.
Agent tip: "Many buyers fall in love with homes they can’t afford. Pre-approval helps you narrow your search and boosts your credibility when making an offer."
Pro insight: In 2025, banks like CBZ, NBS, and CABS are offering mortgage rates from 10–15% for qualified borrowers, but only if all paperwork is in order.
2. Factor in ALL the Costs
Hidden costs include:
- Legal and conveyancing fees (typically 3–5%)
- Transfer duty or capital gains tax
- Valuation and inspection reports
- Maintenance and security upgrades
Budget tip: First-time buyers in Harare often underestimate these by 15–20%, which can delay or derail a transaction.
3. The Cheapest Home Isn’t Always the Best Deal
Agent truth: "Many first-time buyers only look at price, not quality or location. A cheaper home far from your workplace with no water backup can end up being more expensive."
Use tools on property.co.zw to compare value vs. cost especially in growth areas like Ruwa, Norton, and Gweru, where prices are still affordable but rising steadily.
4. Ask Questions — Lots of Them
You’re not being difficult, you’re being diligent.
Essential questions:
- Is the title deed clean and in the seller’s name?
- When was the roof, plumbing, and electrical last upgraded?
- Are there any disputes, rates arrears, or shared boundaries?
Agent insight: "First-time buyers who ask questions avoid most post-sale surprises."
5. Think Long-Term, Not Just Today
Consider:
- Will your family grow in the next 5–10 years?
- Is the area safe and likely to appreciate in value?
- Can you add or renovate later?
In Zimbabwe’s urban centers, properties with flexible layouts and land for expansion tend to appreciate faster.
6. Don’t Skip the Professional Inspection
Even newly built homes can have issues. Whether it’s plumbing defects, substandard fittings, or structural cracks, a home inspection can save you thousands.
Pro stat: In 2024, over 22% of properties listed on the resale market in Zimbabwe had issues identified during inspections that were not disclosed upfront.
7. Be Ready to Move Quickly
Hot properties especially in locations like Greendale, Bluff Hill, and Hillside (Bulawayo) don’t stay on the market long.
Agent advice: "Have your paperwork, deposit, and financing plan ready. Good homes go fast, and hesitation can cost you."
8. Choose the Right Agent (and Platform)
Not all agents are equal. Use platforms like property.co.zw to connect with vetted, licensed agents who understand your needs and won’t pressure you into bad deals.
Red flag: If an agent avoids answering legal or pricing questions, walk away.
9. Understand the Buying Timeline
A typical property purchase in Zimbabwe takes 4–8 weeks depending on:
- Financing approval
- Title deed verification
- Council clearance
- Transfer processing
Agent tip: Plan for delays and stay in close contact with your conveyancer.
10. Trust Your Instincts — But Back Them with Data
If something feels off, investigate. But don’t let fear drive your decisions. Use:
- property.co.zw for market comparisons
- Council offices for land use and zoning info
- Licensed conveyancers for legal checks
Conclusion: Knowledge Is Your Best Investment
First-time home buying doesn’t need to be stressful. With the right preparation, trusted agents, and a platform like property.co.zw on your side, you can confidently secure a home that’s right for your lifestyle and your future.
Need help? Chat with verified agents, browse the latest listings, and download buyer checklists at www.property.co.zw
Quick First-Time Buyer Checklist:
- Pre-approval from bank/mortgage lender
- Legal advice and conveyancer secured
- Full understanding of all costs
- Area and title deed checks complete
- Home inspection done
- Offer letter and deposit ready
