Ver Angola

Real Estate

State sets rent in new centers at 20 thousand kwanzas per month

The 3-bedroom apartments in the central areas of Cazengo (Cuanza Norte), Carreira de Tiro (Malanje), Mbanza Congo (Zaire) and General Txizainga (Lunda Sul) will be rented for a monthly amount of 20,630 kwanzas, in accordance with Joint Executive Decree No. 12/25 of 14 August, from the Ministries of Finance and Public Works, Urban Planning and Housing.

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According to a government statement obtained by VerAngola, the rent is uniform in the four central areas and applies to contracts signed after the decree's publication, subject to updates in accordance with the Tenancy Law.

The measure is part of the Executive's housing policy and establishes the terms of urban rent for housing built with public funds and provided under a rent-controlled system.

The Joint Executive Decree also determines that all revenue from rent payments be channeled to the Single Treasury Account (CUT) through the Single Reference for Payment to the State (RUPE), to reinforce financial discipline in the process.

Like the decree regulating housing sales, this Joint Executive Decree on the rental system also emphasizes that housing is a constitutional right of citizens, and the State must guarantee affordable and dignified solutions.

The document repeals all previous legislation that contradicts the provisions now approved.

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