The latest edition of the Real Estate Investment Guide for Mozambique was launched Friday in Maputo by Prime Yield MZ, in partnership with law firm ECA-Advogados | Moçambique, which provided the legal information in the document.

According to a statement published by Prime Yield MZ, a real estate valuation and consulting company, the guide is a tool to help operators and investors interested in being part of the Mozambican real estate market. It provides an analysis of the real estate market – including the housing, office, retail and tourism segments – and the legal framework for investing in real estate in the East African country.

The guide notes that the Mozambican real estate market still has a misalignment between supply and demand in practically all of its segments, which means there is enormous potential for growth, with opportunities in a variety of sectors.

Economic growth, which has averaged 8 percent per year, an increase in the purchasing power of the middle classes, arrival of foreign staff and projects being carried out in the country have been the driving forces of the real estate market, particularly in the housing, office and retail areas.

According to the guide new geographical areas are now the focus of real estate promotion and investment, such as Tete, Pemba and Inhassoro which, because of mining projects, are coming to the attention of real estate promoters, particularly due to the focus on improving infrastructure, access roads and transport. (macauhub)