In my previous article published in March, I gave you a general overview of luxury real estate market in Western Africa with a focus on Nigeria and Ghana. Today let us talk about some major projects initiated in Senegal and Côte d’Ivoire. Senegal: A new wind is blowing for the luxurious real estate market With the era of new infrastructures initiated during the last 10 years, the Senegalese luxurious real estate market is also rising. The capital, Dakar gathers the most important luxurious real estate projects. The town is well-known as one of the West African cities where the real estate is very expensive. Over the recent years, huge projects in terms of real estate are flourishing. The most famous among them, Waterfront is developed by Teyliom Group. (more…)
Exploring the 'Real Estate in West Africa' unveils a landscape of opportunity amidst a population of 245 million. With an average income of $309 per person and a regional economic growth rate of 2.5% annually, the sector stands at the cusp of significant expansion. This article delves into the luxury real estate market in West Africa, revealing how economic forecasts and developmental aspirations are shaping its future. (more…)