Senegal - Elite Properties International

A safe real estate investment, thanks to tourism.

Senegal is a country in West Africa, facing the Cape Verde Islands, landlocked by the Atlantic Ocean, Mauritania, Mali and Guinea.

The country owes its name to the river which borders it to the east and north and which has its source in the Fouta-Djalon in Guinea.

Senegal attracts tourists with its traditions and hospitality, which are well known throughout the world.

It has a tropical and dry climate with a dry season and a rainy season, natural sites of great beauty, parks and reserves, a great wealth of fauna and flora, but also 700 km of fine sandy beaches.

With a strong democratic tradition and strong institutions, the Republic of Senegal is one of the most stable countries on the African continent.

The country is experiencing constant real estate growth

Real estate in Senegal has been booming for several years. Investors, both local and foreign, are beginning to be more and more numerous in this niche because real estate is a safe and profitable investment that offers great opportunities in Senegal. Moreover, the real estate market is still far from being saturated. The demand is increasingly strong while the current offer does not manage to cover the needs of consumers.

There are several reasons to invest in real estate in Senegal. In most cases, investors are looking to increase the value of their property through resale or to generate income through rental.

Senegal offers interesting returns in rental property. Indeed, according to the Africa Horizons report by Knight Frank, the average annual return on real estate investment in Dakar varies between 10% and 13% depending on the type of real estate investment (residential, office, retail and industrial).