Botswana Property Market still worthwhile for Investment

Botswana's property investment for commercial and residential sectors produced a total return of 21.4% last year. FIle Photo: Panoramic views of Gaborone Skyline.

Gaborone — Botswana's directly held investment property for commercial and residential sectors produced a total return of 21.4% last year, which is an improvement from 18.1% recorded for 2012, a study has revealed.

According to the Investment Property Databank (IPD) Botswana annual property consultative index, released on Tuesday, the total return for all property in Botswana was 21.4% which is an improvement from 18.1% recorded for 2012, and comprised a 9.9% income return, coupled with 10.5% capital growth for the year.

The index measures ungeared total returns to directly held standing property investments from one open market valuation to the next.

Botswana and SA are the only African countries to be covered by the IPD, of which South African investment property, delivered a 15.2% total return last year.

Headline inflation in Botswana for 2013, was 5.7%, down from 7.5% in 2012 – translating into....

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