Angola Property Investment For Sale
"A thriving Oil industry will help this poor nation join the developed world."
Situated on the west coast of Africa, Angola is more famed for the bloody 27 year civil war of independence that left it one of the poorest countries in the world, than its 1,650km’s of white sand beaches and beautiful untouched wildlife parks.
However this is a country that is rebuilding itself thanks to the wealth it is able to earn from oil production, a commodity that contributes about 85% of GDP. Diamond, gold and iron ore exports also add to their wealth but with most of the population living on subsistence agriculture a large percentage of food has to be imported. This is expected to change over time as Angola’s climate, soil and topography should allow for large-scale agricultural production of a wide range of crops. Furthermore, with significant hydropower, forest and fishery potential, Angola could soon regain its pre-war stance as the most productive agriculture industry on the African continent.
Much of the countries public infrastructure was destroyed by the war, land mines still mar the countryside and there is a widespread housing problem. With corruption still an issue and exact property regulations still hazy it could take some time for property investment here to become a clear journey but opportunities for capital appreciation should the real estate market mature will exist.