CasaMozambique.co.mz is the new name for Mozambique-based property website Propertymaputo.com, which focused its operations around the capital city of Maputo, but will now offer its services nationwide.
The newly upgraded site features new functionality including dual-currency mortgage calculators, home Loan applications, House & Home Insurance, physically mapped urban and tourism hot-spot areas and neighborhood pricing trends.
Casamozambique.co.mz is backed by Frontier Digital Ventures, an Asian based online classifieds operator.
Founder and CEO Bryan Wester says the investment in Casamozambique.co.mz is a clear message to the market about the leading position of the website in the country.
"The expertise from the global investment group will only further increase brand recognition for Casamozambique.co.mz," he says.
He adds Mozambique has shown a growing rate of access to internet and digital channels to obtain accurate information on a number of topics.
Strong economic growth on the back of large, newly discovered reserves of Liquefied Natural Gas (LNG) over the last few years has lead to an explosion in demand for real estate across the country, which he says the CasaMozambique business is capitalizing on.
"Casamozambique.co.mz aims to use this increasing internet penetration and wave of new real estate growth to create an effective channel that brings together all that is real estate, including both primary search and ancillary industry services," Wester says.
"Our rebranding reflects the site’s position as market leader having grown and beaten out its rivals into the largest property site in Mozambique across all verticals."
Wester says Casa Mozambique has been designed with the market needs of Mozambique in mind.
"At the forefront is bridging the gap between traditional offline search by the creation of a truly dynamic digital marketplace that now puts the power of search into the hands of the consumer," he explains.
"While concurrently enabling Agents, Developers, and Accommodation Providers the tools and platform necessary to engage with their respective target markets.
”There’s healthy liquidity in the market with Mozambique experiencing a significant and exciting phase of growth," Wester adds.
"Paying close to attention to critical gaps we identified in current consumer options, we embarked on a journey to create an innovative marketplace to facilitate the interaction between consumers and providers in a new, fast and refreshing manner.”