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Key regions: Europe, Brazil, France, Asia, United States
The Residential Real Estate market in Mozambique is experiencing significant development and growth.
Customer preferences: Customers in Mozambique are increasingly interested in residential properties that offer modern amenities and conveniences. There is a growing demand for properties that provide a high standard of living, with features such as swimming pools, gyms, and communal spaces. Additionally, customers are seeking properties that are located in safe and secure neighborhoods, with easy access to essential services such as schools, hospitals, and shopping centers.
Trends in the market: One of the key trends in the Mozambican Residential Real Estate market is the construction of gated communities. These communities offer a range of housing options, from apartments to townhouses and villas, and provide residents with a secure and exclusive living environment. Gated communities often include amenities such as parks, playgrounds, and sports facilities, catering to the needs and preferences of modern families. Another trend in the market is the development of mixed-use properties. These properties combine residential units with commercial spaces, such as retail outlets and offices. This trend reflects the increasing desire for convenience and accessibility, as residents can live, work, and shop in the same location. Mixed-use properties also contribute to the creation of vibrant and dynamic neighborhoods.
Local special circumstances: Mozambique's Residential Real Estate market is influenced by several unique factors. The country has a rapidly growing population, which is driving the demand for housing. Additionally, Mozambique is experiencing urbanization, with more people moving from rural areas to cities in search of better opportunities. This urbanization trend is contributing to the need for more residential properties in urban centers.
Underlying macroeconomic factors: The development and growth of the Residential Real Estate market in Mozambique can be attributed to several macroeconomic factors. The country's economy has been expanding steadily in recent years, driven by sectors such as mining, agriculture, and tourism. This economic growth has resulted in increased disposable income and improved living standards, leading to higher demand for residential properties. Furthermore, Mozambique has been attracting foreign direct investment, particularly in the natural resources sector. This investment has created job opportunities and attracted expatriates, who often require housing. The influx of foreign investment and expatriates has further fueled the demand for residential properties in the country. In conclusion, the Residential Real Estate market in Mozambique is developing and growing due to customer preferences for modern amenities and secure neighborhoods, as well as trends such as the construction of gated communities and mixed-use properties. The country's rapidly growing population, urbanization trend, economic growth, and foreign investment are all contributing to the expansion of the market.
Data coverage:
Figures are based on total and average value of residential real estate, residential estate transactions and leases.Modeling approach:
Market size is determined by a combined top-down and bottom-up approach. We use national statistics, international organizations, and industry associations to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country specific industry associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita.Forecasts:
We use a variety of forecasting techniques, depending on the behavior of the market, for instance, exponential trend smoothing. The main drivers are GDP per capita, population, number of renter and owner households, price level index, housing consumer spending per capita.Additional Notes:
Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war are considered at a country-specific level.Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)