Chas Everitt International Property Group is set to officially open its Bulawayo office on October 9th, marking a rapid expansion that underscores the company's growing confidence in Zimbabwe's property market.
The move comes just after the real estate giant successfully launched Zimbabwe operations in April. Having begun with a Harare branch, the opening of a Bulawayo branch signals strong momentum for the real estate giant.
Minister of State for Provincial Affairs and Devolution for Bulawayo Metropolitan Province, Judith Ncube, will officially open the new office, which will be located at the Zonkizizwe Office Park, Zonkizizwe Shopping Centre, Bradfield, in the CBD.
Founded in 1980 in South Africa, Chas Everitt has grown from a small family business to a powerhouse with over 1,200 estate agents across more than 100 offices in South Africa. Their Zimbabwe expansion, which now includes both Harare and Bulawayo, continues their African growth strategy that already spans Botswana, Namibia, and Zambia.
Diaspora Demand Drives Expansion
Barry Davies, chief operating officer of Chas Everitt International, revealed that the decision to expand into Bulawayo came in direct response to overwhelming market demand. "The response in Harare has unequivocally confirmed our thesis," Davies said. "Expanding into Bulawayo within six months is not just an opportunity; it is a strategic necessity to serve the entire market ecosystem and the growing number of diaspora inquiries we are receiving for properties across Zimbabwe's major cities.”
The numbers tell a compelling story. Nearly 50% of Chas Everitt's inquiries in Zimbabwe come from diaspora investors looking to invest in secure, high-yield assets back home. The Bulawayo office is designed specifically to cater to this demand, connecting global Zimbabweans with quality property opportunities in the country's second-largest city.
Bulawayo's Property Renaissance
Bulawayo, Zimbabwe's key industrial hub, is experiencing its own property market revival. Houses for sale in Bulawayoare attracting major attention. The city's strategic economic position and cultural significance have attracted renewed interest from both local and international investors.
The new office will initially target premium suburbs such as Kumalo, Hillside and Famona, which are experiencing steady demand. In addition to property management, the Bulawayo office will also focus on commercial and industrial properties for sale in the City of Kings and Queens.
Property prices in Kumalo have risen by about 12% over the last two years, reflecting growing buyer confidence in these established neighbourhoods.
Chas Everitt is also focusing on Burnside and Riverside, suburbs that have demonstrated consistent value growth and strong rental income potential. In Burnside, property values have appreciated by around 10% to 15% over the past five years, making these areas particularly attractive for investors seeking reliable returns.
According to market data, median home prices in Bulawayo are steadily growing, with affordable properties offering potential returns of 20% to 30%. This growth trajectory, combined with lower entry prices compared to Harare, positions Bulawayo as an attractive market for first-time investors and those looking to diversify their property portfolios.
International Standards Meet Local Expertise
The Bulawayo office will provide comprehensive real estate services including sales, leasing, and property management, with a focus on high-end residential properties, commercial and industrial real estate, and investment opportunities. The office will serve both diaspora investors and local high-net-worth individuals seeking international-standard property services.
"We see immense, untapped potential in Bulawayo," Davies explained. "There is a profound desire for international-standard property services and a clear demand for quality housing from a returning professional class and diaspora investors. We are not just selling houses; we are facilitating investment into Zimbabwe's future by connecting a global audience with local opportunity.”
One of Chas Everitt's competitive advantages remains its global reach through its affiliation with Leading Real Estate Companies of the World®, a network spanning 76 countries with 4,800 offices and approximately 135,000 estate agents worldwide. This connection positions the Bulawayo office to link local property developers and owners with affluent investors from around the world.
And with it’s partnership with Propertybook, Chas Everitt can also tap into Zimbabwe’s leading property portal that receives over half a million unique visitors every month.
Economic Drivers Support Growth
Davies emphasized that Chas Everitt's Zimbabwe strategy is built on solid economic fundamentals. "Our initial foray into Zimbabwe was based on a clear-eyed assessment of the underlying economic drivers here; growth in mining, tourism, and agriculture is creating substantial wealth and attracting significant investment," he noted.
These sectors continue to drive demand for quality housing and commercial properties in both Harare and Bulawayo. The influx of business professionals and expatriates has created sustained demand for premium properties, while diaspora investors seek opportunities to build wealth in their home country.
Looking Ahead
The rapid expansion from Harare to Bulawayo within six months demonstrates Chas Everitt's commitment to the Zimbabwean market. With their combination of international expertise, local market knowledge, and strong diaspora connections, the company is well-positioned to serve Zimbabwe's evolving property landscape.
As Zimbabwe's property sector continues to mature, the presence of established international players like Chas Everitt brings increased professionalism, transparency, and global connectivity to the market. For Bulawayo, this expansion represents another vote of confidence in the city's economic future and its potential as a property investment destination.
For more information about Chas Everitt International Property Group in Zimbabwe, visit www.chaseveritt.co.zw, contact their offices in Harare or Bulawayo, on Whatsapp, or visit their LinkedIn, Youtube and browse their listings on Propertybook.co.zw.
Propertybook is Zimbabwe's leading property portal, connecting buyers, sellers, landlords, and tenants with the best real estate opportunities across the country.
