Location : Lusaka, Lusaka
Property Type: New Construction HomeProperty Terms: For SaleLocal Currency Price: Price in USD: Contact For Price
Mixed-use developments combine multiple types of spaces within one development, typically blending residential, commercial, and office areas.
Vertical mixed-use developments combine different uses of space stacked on top of each other in a multi-story building. Retail spaces might be on the ground floor, office spaces on the second and third floors, and residential units above.
Horizontal mixed-use developments are spread out over a larger area, typically in a low-rise configuration, often where a shopping mall is adjacent to residential houses, or an office park with restaurants and cafes nearby.
Live/Work developments are where people can live and work in the same building, often ideal for individuals with small businesses, artists, or entrepreneurs who prefer a short commute.
Retail-centric mixed-use developments are a mix of residential and office space, that can be shopping malls with residential units or offices located on upper floors, or mixed-use developments with a strong emphasis on entertainment and dining.
Commercial and residential integration aims to create effective work-life balance in a single location, allowing for a flexible living environment, and are often found in urban or suburban areas.
Mixed-use developments can take many forms, depending on the location, goals, and needs of the community, but they all share the common goal of creating dynamic spaces that foster interaction, reduce the reliance on cars, and enhance the quality of life for residents and visitors alike.
Why Buy or Invest in New Real Estate Developments in Zambia.
Zambia has experienced steady economic growth over the past few years, particularly in sectors like mining, agriculture, and manufacturing. As the economy grows, there is an increasing demand for residential, commercial, and industrial spaces. Urbanization rates are also on the rise, with more people migrating to cities like Lusaka, Ndola, and Kitwe, driving demand for new housing and infrastructure.
Zambia is known for its natural beauty, including Victoria Falls, Lake Tanganyika, and numerous wildlife reserves. This attracts tourism, which boosts demand for hospitality, commercial, and residential properties catering to tourists and the business community. Investing in developments related to tourism can yield attractive returns.
As Zambia continues to urbanize and develop its infrastructure, land values are expected to appreciate in key cities and surrounding areas. Investing in undeveloped or underdeveloped land now could yield significant long-term profits as the country continues to expand.
