Commercial Property prices for Sale in Harare

Historical price trends

The historical trend of average property prices in Harare shows a significant upward movement from 2015 to 2024. Starting at $300,000 in 2015, the price dipped to $280,000 before surging to $550,000 in 2024, reflecting the growing demand for commercial properties in the region. This data indicates a robust real estate market in Harare, making it an attractive investment opportunity.

Average price by type of commercial property

In Harare, the average prices for various categories of commercial properties reflect a vibrant market. Hotels & Lodges are at the forefront, averaging $1,200,000, while Warehouses & Factories follow at $905,000. Offices and Shops & Retail Property average $620,000 and $300,000 respectively, showcasing diverse investment options depending on your business needs.

Type

Average price

Average price per m²

Hotels & Lodges

$1,200,000

$1,250

Offices

$620,000

$923

Shops & Retail Property

$300,000

$930

Warehouses & Factories

$905,000

$489

Average price by region in Harare

When exploring commercial property in Harare, location matters. The Harare CBD leads the market with an average price of $700,000, while Harare North is at $1,050,000, indicating premium areas. For more budget-friendly options, Harare High Density averages $155,000. Each region offers distinct advantages for different types of investors and businesses.

Region

Average price

Average price per m²

Harare CBD

$700,000

$968

Harare East

$650,000

$473

Harare High Density

$155,000

$500