Real Estate in Luanda, Angola
Last updated on Mar 05, 2024
Summary: The average cost of a nice 2 bedroom home in Luanda, Angola is around $200,000 USD. A nice 3 bedroom home in Luanda is around $300,000 USD. These properties typically include modern amenities such as air conditioning, internet access, and security systems. Foreigners are allowed to own property in Luanda, however, they must obtain a permit from the Ministry of Justice. The best way for an expat to search for a home to buy in Luanda is to use a real estate agent or search online. The most desirable neighborhoods in Luanda are Talatona, Samba, and Cazenga. These neighborhoods are known for their modern amenities, safety, and convenience.
How do I find a place to live in Luanda?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One option for finding a place to live in Luanda is to search online for rental listings. Websites such as Imovirtual, Angola-Houses, and Angola-Property are good resources for finding rental properties in the city. Additionally, you can contact local real estate agents who specialize in the Luanda area. They can provide you with more information about available properties and help you find the perfect place to live. Finally, you can also ask friends and family who live in the area for recommendations," said one person in Luanda.
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What is a typical expat home or apartment like in Luanda?
"Expat homes and apartments in Luanda are typically luxurious and modern, with amenities such as air conditioning, swimming pools, and private gardens. Many expat homes and apartments are located in the city's affluent neighborhoods, such as Talatona and Cazenga, and offer stunning views of the Atlantic Ocean. Expat homes and apartments in Luanda are often equipped with the latest technology, such as high-speed internet and satellite television. Security is also a priority for expats in Luanda, with many homes and apartments featuring 24-hour security guards and surveillance cameras," said one expat in Luanda.
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What is the average cost of housing in Luanda?
If you are thinking about moving to Luanda, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Luanda is generally quite high. Renting an apartment in the city can cost anywhere from $1,000 to $3,000 per month, while buying a house can cost upwards of $200,000. Prices vary depending on the size and location of the property," explained one expat living in Luanda, Angola.
Should I buy or rent a home in Luanda?
If you have not spent a lot of time in Luanda, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"Buying a home in Luanda can be a great investment, as the city is growing rapidly and property values are increasing. However, it is important to consider the cost of living in the city, as well as the availability of housing. Renting may be a more cost-effective option for those who are not ready to commit to a long-term purchase. Additionally, renting can provide more flexibility and allow for more mobility if you are not sure how long you will be living in the city. Ultimately, it is important to weigh the pros and cons of both buying and renting before making a decision," explained one person living in Luanda, Angola.
What do I need to know when buying property in Luanda?
When we asked expats what advice they would give a foreigner before buying a property in Luanda, they said:
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the legal requirements for purchasing property in Angola, including any taxes or fees that may be applicable. 3. It is important to ensure that the property is in good condition and that all necessary paperwork is in order before making a purchase. 4. It is important to be aware of the local infrastructure and amenities in the area, such as access to water, electricity, and transportation. 5. It is important to be aware of any potential security risks in the area, such as crime or political instability. 6. It is important to be aware of any restrictions on foreign ownership of property in Angola. 7. It is important to be aware of any potential environmental hazards in the area, such as flooding or pollution. 8. It is important to be aware of any potential cultural or religious considerations that may be relevant to the purchase," said one foreigner living in Luanda, Angola.
Are foreigners allowed to own property in Luanda?
When we asked expats what advice they would give a foreigner before buying a property in Luanda, they said...
"Foreigners are allowed to own property in Luanda, but the process can be complex and challenging. Foreign investors must first obtain a local partner or establish a local company to purchase property. Additionally, they must navigate through bureaucratic procedures, which may involve obtaining various permits and approvals from different government agencies. It is essential for foreigners to work with a local lawyer or real estate agent to ensure they comply with all legal requirements and avoid potential pitfalls. Despite these challenges, owning property in Luanda can be a lucrative investment for foreigners, as the city is experiencing rapid growth and development," explained one expat in Luanda.
What appliances are typically included in a rental?
We asked foreigners in Luanda what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Luanda, rental properties typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a microwave, dishwasher, and air conditioning unit. Depending on the property, some may also include a clothes dryer," wrote one expat who made the move to Luanda.
Additional Information about Searching for a Home in Luanda:
We asked foreigners in Luanda what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats searching for homes in Luanda, often begin by researching online through property websites, social media groups, and expat forums to get an idea of the housing market and available options. They may also seek recommendations from fellow expats, colleagues, or friends who have experience living in the area. Additionally, expats can engage the services of local real estate agents who have knowledge of the local market and can help them find suitable housing options. Visiting neighborhoods and attending open houses can also be helpful in finding the right home. Finally, expats should consider factors such as proximity to work, schools, and amenities, as well as safety and security when searching for a home in Luanda," said one in Luanda.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
Other Questions:
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- What is a typical expat home or apartment like in Luanda?
- What is the average cost of housing in Luanda?
- How do I meet people in Luanda?
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- What is life like as an expat in your area?
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- What advice to expats in Luanda have about housing?
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