Botswana Real Estate News

SERITI ESTATE APARTMENTS SELLING FROM P 581,000.00 ,just before Bokamoso Private Hospital . A world class development by International Housing Solutions and Babereki Investments.

A few units still available ,100% financing available

24hours Security ,controlled access ,communial swimming pool

WhatsApp : 77532729 for more details.

SERITI ESTATE APARTMENTS SELLING FROM P 581,000.00 . A world class development by International Housing Solutions and Babereki Investments.

A few units still available ,100% financing available

WhatsApp : 77532729 for more details.

International Housing Solutions has availed more units for sale in the Foresthill Complex ,worthwhile investment in Gaborone's most sought after residential complex . Whatsapp them on 77 532 729 to learn how you can own a unit there.

Prices from : P 713,000.00, financing options available

Are you a 1st time home buyer or Property Investor looking to grow your portfolio? Join FNB this Saturday 20th May at Louieville Foresthill Apartments to hear how they can make the dream of owning an apartment in this most sought after complex a possibility .

Whatsapp: +267 77 532 729 to RSVP

Apartments For Sale next to Bokamo Private Hospital ,200m away (Seriti Estate ) and Kgale Hill (Foresthill)

Seriti Estate from P669,000.00 (Offplan Sales)

Foresthill Hill from P699,000.00 (Prices scheduled to increase front the 6th of March )

Both this complexes have controlled access, 24hours security, swimming pool. Well managed .

Call or Whatsapp: 77 532 729 for further information or visit

Invest Properly, Invest In Real Estate

https://www.ihsproperty.co.za/listing/seriti-estate-mmopane/

Stanbic Bank Botswana would like to notify all stakeholders of the upcoming property auctions. Detailed terms and conditions of sale may be inspected with the Deputy Sheriffs as indicated in the advertisement.

𝐏𝐀𝐑𝐋𝐈𝐀𝐌𝐄𝐍𝐓: 𝐆𝐑𝐄𝐄𝐅𝐅 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍𝐒 𝐇𝐈𝐆𝐇 𝐁𝐇𝐂 𝐑𝐄𝐍𝐓𝐀𝐋 𝐏𝐑𝐈𝐂𝐈𝐍𝐆

Member of Parliament for Gaborone Bonnington South, Christian Greeff to ask the Minister of Transport and Public Works if he is aware that the Botswana Housing Corporation (BHC) rent has gone up: if so;

(i) what necessitated the increment;

(ii)what is the record and trajectory of increase over the last five (5) years;

(iii) state how the increase relates to salary increases and inflation;

(iv) how do these relate to the mandate of BHC and how it was established;

(v) what is the long-term role of BHC in Botswana’s economy;

(vi) is it Government’s objective for BHC to be financially viable and self-sustaining;

(vii) is Government considering privatizing BHC either in the short term or long-term.

𝐋𝐄𝐓𝐋𝐎𝐋𝐄 𝐋𝐀 𝐑𝐎𝐍𝐀 𝐇𝐀𝐋𝐅 𝐘𝐄𝐀𝐑 𝐏𝐑𝐎𝐅𝐈𝐓 𝐔𝐏 𝟖 % 𝐓𝐎 𝐏𝟒𝟗.𝟕 𝐌𝐈𝐋𝐋𝐈𝐎𝐍

𝑭𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝑹𝒆𝒔𝒖𝒍𝒕𝒔 | 𝑷𝒓𝒐𝒑𝒆𝒓𝒕𝒚 & 𝑹𝒆𝒂𝒍 𝑬𝒔𝒕𝒂𝒕𝒆

Botswana Stock Exchange listed diversified real estate company, Letlole La Rona Limited has reported impressive financial results for the six months ended December 2022.

Revenue for the reporting period increased by 4% to P50.2 million from P48.4 million in the prior comparative six months, whilst operating profit was up 8% to P36.5 million. Profit before tax of P49.7 million was reported, an increase of 8% on the prior comparative six months.

“We are encouraged by the strong results, notwithstanding a challenging economic environment. Our performance was mainly underpinned by annual lease escalations, our quality tenant base and below average market vacancy levels, especially in our warehouse portfolio,” commented Ms Kamogelo Mowaneng, LLR CEO.

LLR reported a weighted average lease expiry period of 3.3 years and escalation rates averaging 6.8% per annum for the period ended 31 December 2022. Its investment portfolio value increased by 14% year-on-year to close the period at P1.4 billion, mainly driven by the acquisition of a 30% stake in OAL in July 2022.

The Company also recorded a significant increase in other income, predominantly due to foreign exchange gains on the OAL shareholder loan. “We continue to explore pipeline opportunities locally, and regionally in line with our Go-to-Africa strategy and our interest remains on value-accretive investments,” Ms Mowaneng stated.

An interim distribution of 9.11 thebe per linked unit was declared on the 6th of February 2023 for the half-year period to 31 December 2022, comprising of a dividend of 0.05 thebe and debenture interest of 9.06 thebe per linked unit which will be paid to linked unit holders registered in the books of the Company at the close of business on 24 February 2023

BRAND NEW 2 BEDROOMED APARTMENTS AVAILABLE FOR SALE NEXT TO BOKAMOSO PRIVATE HOSPITAL.

Price: from P 669,000.00 -P 719,999.00

100% financing available from banks for qualifying clients .

These are off plan sales and a P 10,000.00(Ten Thousand P**a) is required to secure a unit and balance upon handover.

Call or Whatsapp: 77 532 729 for further information

Website : https://www.ihsproperty.co.za/listing/seriti-estate-mmopane/

LIVE ON BTV THE EYE
DATE: MONDAY 21ST NOVEMBER 2022
TIME: 8PM
TOPIC: LAND SERVICING

BRAND NEW 2 BEDROOMED APARTMENTS AVAILABLE FOR SALE NEXT TO BOKAMOSO PRIVATE HOSPITAL.

Buy this apartment as an investment and make P 5,000(long term leases) - P 15,000(Short Stays, AirBnB,Bookings. com) per month. You can easily pay off your mortgage from the rentals.

Price: from P 669,000.00 -P 719,999.00

100% financing available from banks for qualifying clients .

These are off plan sales and a P 10,000.00 is required to secure a unit and balance upon handover in December .

Call or Whatsapp: 77 532 729 or further information

Foresthill,Kgale 2beds Apartments for sale -P 699,000.00 (Financing available from all banks)

Glad to announce that International Housing Solutions have opened up sales for some of their apartments at the most sought after residential complex in the country.

-24hour security
-Cleaning
-Gym room
-Swimming Pool
-Games Room

Call or WhatsApp them on 77532729 to hear how you can own one or more of their apartments either in Foresthill or Seriti Estate (see previous post below about Seriti )

Tune into RB2 FM and listen to Tebo Maribe, Home loans specialist at Stanbic Bank Botswana taking us through what Stanbic Bank has on offer for Home Loan Financing on The Automatic Drive with T.H.A.B.O today at 17:15 hrs.

PRESS RELEASE

SUBMISSION OF APPLICATIONS FOR SECURE LAND TITLES AFTER THE 20TH OCTOBER 2022

Members of the public are informed that all Land Boards will continue to receive applications for the Secure Land Title after the 20th October 2022. This is in line with the implementation of the re-enacted Tribal Land Act of 2018 which came into effect on the 20th April 2022. Sections 23 (3 - 8) of the Tribal Land Act made it a requirement that those issued with Customary and Common Law Grants under the old Act should ensure that such grants are registered with the Registrar of Deeds. The public is also informed that all Land board Offices shall act as registration points where they can deposit their applications for Secure Land Title and such applications shall be transmitted to the respective Land boards or Sub Land boards where such plots are located.

For all inquiries, please contact the Ministry’s Public Relations Office on [email protected] or [email protected] and telephonically on 3682000.

2 Bedroomed Apartments for Sale (P 651,000.00)

Are you a property investor looking to grow your rental portfolio or a 1st time home buyer looking for a worthwhile investment ? If you answered yes then this new upcoming apartments adjacent to Bokamoso Private Hospital are definitely for you.

Priced at P 651,000.00 there would definitely give you a good return on investment.

Gated estate apartments are in high demand from security cautious people,the rental would range between P 4,500.00-P 5,000.00. If you acquire it through bank financing,the rental can easily pay off the bond.

Get hold of +267 77 532 729 ,to hear more on how you can become a proud owner of one or more of this units.

The loan facility is sought for all your home financing needs, be it home improvements, buying a house, a plot or building a home. Outright Purchase (Individuals)Visit our NDB website or your nearest NDB branch for more information https://www.ndb.bw

STEPS TO FOLLOW WHEN APPLYING FOR A MORTAGE LOAN WITH BBS Limited

DID YOU KNOW: The amount of your Home Loan is based on your maximum affordable monthly repayment. This is usually 35% of your 1 income (it can also be based on 35% of partners’ joint gross income). It is important that you assess your monthly expenditure and ensure that you can afford the monthly repayment on the house

Apply for a Home Loan