Average Real Estate Project Manager Salary in Mozambique for 2024

In this article, we will look at the average Real Estate Project Manager salary for 2024 in Mozambique and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Mozambican metical. To keep things simple, we are using the MZN currency code instead of the currency symbol MT.

How Much Does a Real Estate Project Manager Make in Mozambique?

A Real Estate Project Manager working in Mozambique will typically earn around 736,700 MZN per year, and this can range from the lowest average salary of about 384,200 MZN to the highest average salary of 1,125,500 MZN.

Average Annual Salary
736,700 MZN
Average Monthly Salary
61,391 MZN

Lowest Annual Salary
384,200 MZN
Lowest Monthly Salary
32,016 MZN

Highest Annual Salary
1,125,500 MZN
Highest Monthly Salary
93,791 MZN

These are average salaries for a Real Estate Project Manager in Mozambique and include benefits such as housing and transport. It's also possible for a Real Estate Project Manager to earn more or less than the average salaries shown above.

Real Estate Project Manager salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Real Estate Project Manager Salaries in Mozambique

So we've looked at the average salaries a Real Estate Project Manager will earn in Mozambique. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Real Estate Project Manager can earn between 384,200 MZN and 1,125,500 MZN on average in Mozambique. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Real Estate Project Manager in Mozambique is 707,600 MZN. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 707,600 MZN, and 50% of the population earn more than 707,600 MZN.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Real Estate Project Manager salary in Mozambique, 25% of the population are earning less than 489,500 MZN while 75% of the population earn more than 489,500 MZN.

75% of the population earn less than 879,700 MZN, and 25% of the population earn more than 879,700 MZN.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Real Estate Project Manager Salary by Experience Level in Mozambique

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average real estate project manager salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Real Estate Project Manager in Mozambique that has less than two years of experience can expect to earn somewhere in the region of 433,400 MZN.
  • 2 - 5 Years Experience. With two to five years of experience the average Real Estate Project Manager salary would increase to 582,700 MZN.
  • 5 - 10 Years Experience. From five to ten years of experience as a Real Estate Project Manager, the average salary would be 756,700 MZN.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 919,700 MZN.
  • 15 - 20 Years Experience. A Real Estate Project Manager with 15 to 20 years of experience can earn an average of 1,004,400 MZN.
  • 20+ Years Experience. For a Real Estate Project Manager with more than 20 years, the expected average salary increases to 1,054,900 MZN.

Average Salary by Experience Chart

0-2 Years
433,400 MZN
2-5 Years +34%
582,700 MZN
5-10 Years +30%
756,700 MZN
10-15 Years +21%
919,700 MZN
15-20 Years +9%
1,004,400 MZN
20+ Years +5%
1,054,900 MZN

Real Estate Project Manager Salary by Education Level in Mozambique

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Real Estate Project Manager in Mozambique based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Real Estate Project Manager in Mozambique with a high school education can earn an average salary of 524,700 MZN.

  • Certificate or Diploma. A Real Estate Project Manager in Mozambique with a certificate or diploma education can earn an average salary of 596,800 MZN.

  • Bachelor's Degree. A Real Estate Project Manager in Mozambique with a bachelor's degree education can earn an average salary of 844,100 MZN.

  • Master's Degree. A Real Estate Project Manager in Mozambique with a master's degree education can earn an average salary of 1,021,800 MZN.

Average Salary by Education Chart

High School
524,700 MZN
Certificate or Diploma +14%
596,800 MZN
Bachelor's Degree +41%
844,100 MZN
Master's Degree +21%
1,021,800 MZN

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Mozambique is around 201,000 to 603,000 MZN and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Real Estate Project Manager Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Mozambique, a male real estate project manager will earn an average of 780,700 MZN, while a female real estate project manager will earn around 707,600 MZN.

This means that a male real estate project manager earns approximately 10% more than a female real estate project manager for performing the same job.

Average Salary by Gender Chart in Mozambique

Male
780,700 MZN
Female -10%
707,600 MZN

Real Estate Project Manager Average Pay Raise in Mozambique

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Real Estate Project Manager in Mozambique is around 7% every 30 months.

The national average pay raise across all professions and industries in Mozambique is around 4% every 29 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 7 ÷ 30 ) × 12  = 3%

What this means is that a Real Estate Project Manager in Mozambique can expect to receive an average pay raise of around 3% every 12 months.

Annual Pay Raise by Industry in Mozambique for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Mozambique.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
3%
Energy
6%
Information Technology
9%
Healthcare
3%
Travel
6%
Construction
9%
Education
3%

Real Estate Project Manager Bonus and Incentive Rates in Mozambique

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Real Estate Project Manager is a moderate bonus based job, with 61% of employees reporting at least one bonus in the last 12 months.

39% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 6% to 8%.

Received Bonus
61%
No Bonus
39%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Mozambique earn approximately 14% more than private sector employees in the same role.

Public Sector
522,700 MZN
Private Sector -14%
459,700 MZN

Salaries for Jobs Similar to a Real Estate Project Manager

In the table below, we have salary information for jobs that are similar to a Real Estate Project Manager in Mozambique.

Job Title Category Salary
Acquisition Associate Real Estate 394,300 MZN
Assistant Leasing Manager Real Estate 524,300 MZN
Assistant Property Manager Real Estate 548,800 MZN
Brokerage Real Estate 382,600 MZN
Brokerage Clerk Real Estate 207,700 MZN
Commercial Leasing Manager Real Estate 830,500 MZN
Commercial Real Estate Manager Real Estate 832,300 MZN
Community Development Manager Real Estate 767,000 MZN
Compliance Specialist Real Estate 372,600 MZN
Development Coordinator Real Estate 392,300 MZN
Director of Real Estate Real Estate 938,100 MZN
Lease Administrator Real Estate 500,100 MZN
Leasing Agent Real Estate 399,900 MZN
Leasing Consultant Real Estate 464,400 MZN
Leasing Manager Real Estate 562,600 MZN
Lettings Assistant Real Estate 205,700 MZN
Portfolio Analyst Real Estate 714,600 MZN
Portfolio Manager Real Estate 925,900 MZN
Property Acquisition Agent Real Estate 362,200 MZN
Property and Claims Specialist Real Estate 514,800 MZN
Property Manager Real Estate 625,000 MZN
Property Operations Manager Real Estate 875,000 MZN
Property Tax Assistant Real Estate 399,900 MZN
Real Estate Administrator Real Estate 442,300 MZN
Real Estate Agent Real Estate 437,900 MZN
Real Estate Analyst Real Estate 539,800 MZN
Real Estate Appraiser Real Estate 417,100 MZN
Real Estate Appraiser Real Estate 442,300 MZN
Real Estate Appraiser Real Estate 445,100 MZN
Real Estate Assistant Real Estate 372,600 MZN
Real Estate Association Manager Real Estate 537,300 MZN
Real Estate Broker Real Estate 394,800 MZN
Real Estate General Manager Real Estate 851,200 MZN
Real Estate Project Director Real Estate 791,600 MZN
Real Estate Sales Agent Real Estate 428,400 MZN
Real Estate Valuer Real Estate 420,800 MZN
Research Analyst Real Estate 385,300 MZN
Residential Advisor Real Estate 483,800 MZN
Residential Property Manager Real Estate 566,900 MZN
Shopping Center Manager Real Estate 864,900 MZN
Town Planner Real Estate 805,900 MZN

Salary Comparison by City

If you want to compare salaries with different cities in Mozambique, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Beira 695,400 MZN
Maputo 823,900 MZN
Matola 747,400 MZN
Nampula 642,800 MZN

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