Ver Angola

Real Estate

Land legalization of the KK-5800 completed. Rehabilitation and commercialization ready to go

The Minister of Public Works and Territorial Planning, Manuel Tavares de Almeida, announced this Tuesday that the legalization of the land for the KK-5800 has already been completed, with the objective of starting the rehabilitation and commercialization of the residences.


The transfer of ownership of the housing project – located near the centrality of Kilamba – to the hands of the State is the next step, he said, adding that after the Executive acquires the title, it will negotiate the sale model with possible residents.

Cited by Angop, the holder of the Public Works and Territorial Planning portfolio explained that, in principle, the intention is to sell the residences by means of prior payment from customers, using the amount to recover the properties.

He clarified that this plan could be implemented taking into account housing credit, determined last month by the National Bank of Angola, with a view to simplifying access to bank credit for the purchase of a house for citizens.

In the housing project KK-5800, it is intended, in a first stage, to recover 1000 apartments and 400 houses of T3 typology, he said, quoted by Angop.

He added that the construction of social and technical infrastructure is also planned.

According to Angop, more than 3000 homes were seized by the State in February 2020.

The houses of this housing project, which are currently without roofs, doors, windows, among others, were vandalized before being seized from the hands of a group of former managers who misplaced state funds.

Installed in a perimeter of 67,733 square meters, the KK-5800 was designed to accommodate 5800 homes as well as 34,800 tenants.


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