Real Estate

Zambia’s real estate market, both commercial and residential, is shaped by steady urban growth, infrastructure development, and rising demand in cities like Lusaka and Copperbelt towns. Residential property demand is driven by population growth, a housing shortage, and a growing middle class, while commercial real estate is supported by expansion in retail, office, logistics, and industrial space as businesses formalize and trade increases.

However, the sector faces challenges such as high construction costs, limited mortgage access, and uneven infrastructure, which keep affordability tight and slow large-scale development.

At Turtle, we understand the risks real estate stakeholders face and provide the following services to mitigate their risk exposures:

• Property insurance
• Construction all risks insurance
• Natural disaster insurance
• Fire and allied perils insurance
• Political risk insurance
• Theft insurance
• Business interruption
• Directors’ and officers’ liability
• Contractors’ all risks
• Household items insurance
• & more

Contact us today to get started