Mozambique: Opportunity for Investors in the Apartment Buildings Sector

João Das Neves, Chairman of Zero Investimentos, talks about the apartment buildings sector and says he is looking for investors in this area.

“Maputo city is growing very fast, and its outskirts are growing particularly rapidly. We have a property of 7 ha of land strategically-located, right on the Maputo ring road and 12 km from Costa do Sol; which is not so far away from town but somewhat outside, with good infrastructure to get there. The project consists of 34 buildings with four floors each, including the ground floor. These are mainly apartments for the middle class, neither top-end nor basic accommodation. Mozambicans’ purchasing power is growing, so more and more people can afford a home that is a little better. As such, we are aiming precisely at this market, in order to provide accommodation to those who can afford slightly better housing, in a good area”, says João das Neves.

“The project is already approved and we have all the licenses. It’s now a question of getting started and we are looking for investors who are interested in partnering with us, in order to start building the first sample units, which I’m sure we will then start selling and will be able to carry on with the project from there”, he adds.