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By Joaquim Sebastiao
Based in Luanda, Angola, business
professional Joaquim Sebastiao
specializes in the real estate, construction,
and architecture industries. Joaquim
Sebastiao currently serves as a partner at
the Soimob-Building Society Limited,
which concentrates on the sale and
purchase of real estate and property
management.
While Angola's real estate sector was
previously shielded from international
attention because of Angola's legacy of
conflict and high import costs, this has begun
to change in recent years. Angola's economy
is improving rapidly, as is investment in its
infrastructure. The country has one of the
highest rates of urbanization in Africa, and its
real estate sector has recently been garnering
international interest and investment.
The demand for real estate is rising rapidly,
especially in the capital city of Luanda, which is
currently the site of several large-scale building
projects, such as the Luanda Sky Center, a fourtower mixed-use project that houses both residents
and businesses. Small and medium-sized housing
projects are also garnering their share of
investment, particularly because the demand for
low-cost housing in Luanda is so high. Improved
standards of living and reduced customs duties for
construction materials reinforce this boom in the
housing market.

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Angola's growing real estate industry by joaquim sebastiao

  • 2. Based in Luanda, Angola, business professional Joaquim Sebastiao specializes in the real estate, construction, and architecture industries. Joaquim Sebastiao currently serves as a partner at the Soimob-Building Society Limited, which concentrates on the sale and purchase of real estate and property management.
  • 3. While Angola's real estate sector was previously shielded from international attention because of Angola's legacy of conflict and high import costs, this has begun to change in recent years. Angola's economy is improving rapidly, as is investment in its infrastructure. The country has one of the highest rates of urbanization in Africa, and its real estate sector has recently been garnering international interest and investment.
  • 4. The demand for real estate is rising rapidly, especially in the capital city of Luanda, which is currently the site of several large-scale building projects, such as the Luanda Sky Center, a fourtower mixed-use project that houses both residents and businesses. Small and medium-sized housing projects are also garnering their share of investment, particularly because the demand for low-cost housing in Luanda is so high. Improved standards of living and reduced customs duties for construction materials reinforce this boom in the housing market.