The real estate industry is a vast field that deserves to be studied in order to allow thousands of investors to make secure and profitable investments. Therefore a question is essential to us: or invest? In renting or selling? In construction equipment? Which city or town to choose?
Before returning to all these questions, it is important to note that the Ivory Coast offers many guarantees to investors and confirms the principle of the free transferability of income of all kinds outside the Ivory Coast.
The purchase of land
Land prices in the 2000s are not the same as today, prices continue to climb. It would be advantageous to buy several lands in specific municipalities of Abidjan as Marcory, Cocody, plateau in order to sell them a few years later. At that moment, they will be worth gold. Investing in the rental of land is not to be neglected. A lot to sell for 7 to 15 is about the same price as the one for sale. The land is rented most of the time to create commercial spaces in the open air.
In which city to invest?
The Ivory Coast is a country undergoing renovation that holds several cities in development. San Pedro is the tourist and coastal town that is home to the country's second largest port. It is a city that is much frequented by Ivorians themselves and expatriates. Those who have the idea of building hotel complexes and commercial premises for rent do not regret anything. Abidjan is the economic capital of the country. Investing in housing in Abidjan is 100% beneficial for renting or selling. The communes of abidjan suitable for a good investment whatever its nature are Marcory, Treichville, Cocody, Plateau.
Bassam is a tourist town located in the south of the country. It is a privileged place when it comes to building restaurants, relaxation areas by the sea and resorts because it is the favorite place of Abidjan when it comes to having a good time week ends.
Invest in construction for sale or for rent?
In Ivory Coast, with the past crisis that has impoverished the country, few people earn an income capable of allowing them to buy a house. This is how 60% of the inhabitants rent the house or the apartment which they live. So it is advisable to invest in the construction of properties for rent.
Build houses or apartments for rent?
As the years pass, the number of members of an Ivorian family decreases. We notice in recent years that people are more interested in apartments than houses. The studios are tearing like hotcakes. Renting a house is becoming more expensive for Ivorians.