Aida opening in Mozambique

The Aida real estate franchise group is enlarging its African footprint with the imminent opening of an office in Mozambique.

The new operation will be run by Chris Pieterse, owner of the successful Aida franchise in Rustenburg, who has developed two holiday resorts near Inhambane in Mozambique in the past few years and already runs a holiday rental and management agency in Inhambane.

He says this agency is to serve as the foundation for the new Aida office, which will officially open in August. "The new office will expand the current operations and will market property offered on the open market in addition to units built by our development company, 3 Amigos.

"The holiday rental business will also be expanded to include units in other developments or single holiday homes."

Pieterse's latest Mozambican development is Duna Branca, meaning White Dunes. It is situated on a peninsula near the city of Inhambane and is built right on the beach backing on to the huge Inhambane lake.

A total of 18 units have been built on 1,3ha and the development has its own certified fresh water source. Units, sleeping eight, each offer three bedrooms, two bathrooms, a fully equipped kitchen and a large living area leading to a wooden deck overlooking the beach and the ocean.

Pieterse says units are about 100m from the beach and are fully equipped. The 160sqm units are also fully air-conditioned and offer four-star accommodation in unspoilt surroundings.

Prices range between R750 000 and R950 000 but only five units are still available. Pieterse says most units were sold to South African investors who bought homes for their own holiday use and who will make them available for holiday rentals for the rest of the year.

"We have also had great interest from American buyers who have invested in units as holiday rental accommodation."

Plans for another development have been approved. The 4ha development with about 70 units will offer fractional ownership and the project will commence in due course.

Issued by Aida National Franchises

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 22 Jun 2018
      The rental market in many Johannesburg suburbs has shown encouraging signs of revival this year but it remains a competitive market and landlords who best cater to their market’s needs will reap the healthiest returns.
    • 22 Jun 2018
      Home design is constantly evolving to reflect the changing needs of society. We look at some of the ways in which our use of space is changing.
    • 22 Jun 2018
      While estate agents can help the seller with correctly pricing the property and marketing a property to the right pool of potential buyers, at the end of the day it’s the impression that the property will make on buyers that counts the most.
    • 21 Jun 2018
      Anyone who’s ever been involved in a building project that’s gone wrong will appreciate the importance of adequate insurance cover in the construction industry.
    • 21 Jun 2018
      A recent news story about a blind tenant caught in a legal battle with his body corporate over letters and notices he was unable to read and consequently comply with has raised the question: what are the legal obligations for landlords with disabled tenants?
    • 21 Jun 2018
      A trend that’s taken the world by storm in recent years is that of hygge (pronounced: hue-guh), a Danish concept that is about creating intimacy, connecting with loved ones and taking pleasure in small, ordinary things.
    • 20 Jun 2018
      Buying or selling real estate isn’t as easy as it is portrayed sometimes, especially if there is a death of a party during the transaction which can make it awkward, tricky and inconvenient.
    • 20 Jun 2018
      With interest rates remaining at historic lows and banks continuing to compete for mortgage finance business, first-time buyers with funds at their disposal are currently well-placed to gain that initial foothold on the property ladder, particularly in the light of the slightly lower growth rates currently experienced in residential property values.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us