Real Estate in Africa – What’s Happening Right Now
Looking for the latest buzz on African property? You’ve come to the right spot. From booming housing projects in Nairobi to new office towers in Lagos, we bring you the stories that matter to buyers, renters, and investors alike.
Top Trends Across the Continent
First up, urban migration is still driving demand. Young professionals are moving to cities faster than ever, which means landlords are seeing higher rents and developers are racing to add more apartments. In South Africa, mixed‑use complexes are becoming the norm, blending retail, office, and living spaces in one building.
Second, affordable housing schemes are getting serious government backing. Kenya’s recent budget added billions for low‑cost homes, and Ghana announced a public‑private partnership to build 10,000 units in Accra over the next three years. Those projects usually bring a mix of subsidies and easier loan terms, so keep an eye on eligibility criteria.
Third, the rise of digital platforms is changing how deals close. Websites that let you view floor plans, schedule virtual tours, and even sign contracts online are popping up in Nigeria and Egypt. It cuts down travel time and makes cross‑border investments more realistic.
How to Spot Good Property Deals
Want to avoid overpaying? Start by checking the price‑per‑square‑meter trend in the neighborhood. If a plot is priced well below the average, dig into why—maybe the land lacks proper utilities or the area is slated for future development.
Next, look at infrastructure plans. New roads, transit lines, or schools can push values up quickly. The latest government releases in Tanzania show a rail link that will cut travel time to Dar es Salaam by half—properties near the proposed stations are likely to appreciate fast.
Don’t forget to gauge the rental yield. A solid 6‑8 % annual return usually signals a healthy market. In Casablanca, investors are enjoying that range thanks to strong demand from expatriates and local firms.
Finally, work with a local advisor who knows the legal landscape. Property titles can be tricky, especially in countries where land ownership records are still being digitized. A trusted lawyer can save you from future headaches.
Whether you’re hunting your first home, expanding a portfolio, or just staying informed, keeping tabs on these trends will help you make smarter moves. Bookmark this page, and check back often for fresh updates on African real estate.
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- Jeremy van Dyk
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UK real estate leaders are pushing back against new tax plans in the 2025 Finance Bill. Lower SDLT thresholds, slashed CGT allowances, and smaller dividend relief mean higher transaction costs and tighter investor margins, sparking fears of a market slowdown.
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