New buildings in Malawi
Location and climate
Malawi (officially the Republic of Malawi) is a country located in the southeastern part of Africa, with a predominantly mountainous terrain. The capital is Lilongwe, and the population is more than 20 million people. The climate is equatorial monsoon, with a wet summer season from November to March, and winter without rain. The temperature of a comfortable November is from 20°C to 27°C, on Lake Nyasa in July it is from 14°C to 19°C, at an altitude of 2000 meters or more it is sometimes found below 0°C, the mountains on the peaks are covered with snow.
For the information of the investors: economics, culture, education
This country has a natural potential, which is only in demand in a small part due to historical, political, educational and ethno-cultural reasons. Malawi is located on fertile lands, and it has opportunities for the development of hydropower. The country has deposits of bauxite, coal, and uranium. The economy traditionally relies on agriculture - cotton, tobacco, sugar cane, tea, potatoes, corn, sorghum, cassava (tapioca) are grown here, livestock (cows, goats) are bred. More than half of the country's population lives below the poverty line.
The culture is based on Aboriginal traditions: baskets are woven, wooden masks are made, music carries African, American, British motifs. There are a dozen and a half libraries throughout the country. The educational level of the population is low, and children often do not attend school. The elevated plateau in central Malawi is known for rock carvings made by hunter-gatherer pygmies (ba-twa), who inhabited the area as early as the Stone Age, other artists were the Chewa people engaged in rural labor, their ancestors mastered these places in the Iron Age, paintings appeared until up to the 20th century. They are imbued with the symbolic idea of the feminine side and still hold cultural significance for the Chewa who perform ritual ceremonies.
Picturesque, often unique in their originality, places are attractive for tourism: Nyika National Park, Mount Mulanje, Ntchisi Forest Reserve, Rift Valley, Majete Reserve, Mwabwi Reserve, Lengwe National Park, tea plantations in Thiolo, Nkhotakota Reserve, Likoma Island, Chizumulu Island, Liwonde National Park, Zomba Mountains,
Malawi has a university. The world's first 3D printed school was opened here.
Buying an apartment in a new building in Malawi will be profitable
Malawi real estate in the new buildings may be of interest to investors in the medium term, given the low cost of investment. The primary real estate market is beginning to take shape, new buildings in Malawi from the developers are becoming islands of ideas about the new principles of interaction between the traditional way of life and modern ideas. Of course, residential complexes in Malawi are still residential facilities for the elite. Buying an apartment from a developer in Malawi in a residential complex is prestigious, and for a poor country it is a manifestation of the highest comfort and great opportunities.
Apartments in Malawi from the developer for foreigners
The sale of apartments from developers is carried out in compliance with legally significant formalities, however, in order to study all the conditions, the qualitative characteristics of the new building, a foreign investor should use the services of an experienced lawyer.
Purchasing real estate in Malawi is an extravagant investment solution that benefits from a low investment cost and is designed to generate rental income over the medium term in a country of significant potential.