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Wednesday / September 23.
HomeReal EstateBuilding a mansion or moderate house: Which one makes more economic sense?

Building a mansion or moderate house: Which one makes more economic sense?

Seef Property Consultant and Valuation Expert Davies Siwangulwa says building a mansion or retirement home requires a thorough understanding and assurance of quick sale when it is no longer in use. Speaking in an interview with the Zambian Business Times (ZBT), Siwangulwa revealed that there are several mansions that have remained unsold despite the heavy expenditure that was incurred during the development process. “The retirement houses that usually have five or six bedrooms— the implication is that when you build such when your children vacate, the house becomes so big that you would want to move to a smaller house....

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