New homes in Angola



Overview of Angola

The Republic of Angola is a country located in southwestern Africa. It has more than 1,300 km of coastline, situated in the Atlantic Ocean.

Angola is a country of great contrasts, resources such as oil, diamonds or uranium have initially driven economy. But today, the construction sector and a public expenditure program for the national reconstruction of the infrastructure has also become the engine of the economy in Angola.

Luanda, Angola's capital, is the world's most expensive city, according to the study on the Cost of Living 2010.

Real estate investment in Angola

The real estate market in Luanda at the moment is characterized by high property demand and a shortage of supply. In part due to the rapid growth of the city and also by increasing the purchasing power of the population.

The Ministry of Urbanism anticipates that due to population increase is occurring in the capital should be built until the year 2016 an average of 65,000 new construction homes to meet demand currently exists.

Currently, there are very good investment opportunities in Angola. The current law encourages to invest in the country by providing tax incentives and a number of safeguards to ensure the repatriation of foreign capital or investment.

Useful links

• Angola Government Portal
• The Embassy of the Republic of Angola

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