Property prices in Maputo

42358POSTS

9 years ago

Hello everyone,

Finding affordable housing in Maputo is number one priority for newcomers. Tell us more about the estate market in your district/city/region.

What are the most desired places to live? What are the most affordable ones? What is the average cost of a rented flat? And what is the average sale price for an appartment or a house? Could you tell us more about local real estate policies/procedures? What about property tax or residency tax in Maputo?

What about you? Where do you live now? Is it a place you would recommend?

Thank you in advance for your clarifications.

Priscilla

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RuiRajiv Member

2POSTS

9 years ago

Hi there,

The property tax is paid by the property owner. 17% VAT is charged on the rent amount. Many people are skipping that, however, that is illegal. The law on charging VAT was inserted 2 to 3 years ago.

Best areas are Polana, Sommerchield, and Triunfo. Rent can vary from 800 USD to 5000 USD.
I am currently looking for a client to give my house for rent as I am relocating in April. And my house in is the prime area of Polana. It's walking distance to most restaurants (Indian, Chinese, Italian, Portuguese, etc...) supermarket and shopping 24 (shopping center and Polana shopping center), Bar pub, etc. And I have created my ad on housing on expat and OLX websites.

If you want cheaper and affordable houses, you can find in areas like Alto-Mae, Baixa, Chamanculo, and other areas, rent can vary from 200 USD to 400 USD.

Purchase prices may vary from 50k to 500k USD. This is the good time to buy as the country's economy is facing downwards, and real estate prices are down too.

Hope I was helpful.
Regards, Rajiv.

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