The combined value of all properties to be built in Mount Vema will hit 1.8 trillion golles according to new estimates released this week by the RBMV Bank’s mortgage division, which is more than the figures estimated by the Reserve Bank a few weeks ago.
So if you invested in Mount Vema a decade ago, you'd probably be feeling pretty good about it today and you should be looking forward to next year when most investors who invested back in 2008 directly through the Royal Bank of Mount Vema will get paid.
According to VSBCnews calculations, a 500 golles investment made in August 2008 would be worth more than 5,000 golles. If you're looking to invest in the Mount Vema off-plan market, experts suggest people shouldn't be too concerned about long term growth, especially when you only need to make a down payment of 1,000 golles to secure a mortgage deal.
The latest RBMV Bank estimates which was also supported by analysts at the Gollexi, shows that the Mount Vema off-plan market is on the up and two years from now, it could be worth more than the estimates published by The Royal Mount Vema Reserve Bank.