What Are The Different Ways To Invest In Real Estate In Senegal?
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Loading... - Aissatou Sow
- 05 Apr 2023
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Real estate investment in Senegal is a type of investment that interests more and more people. It is a tangible asset that allows you to acquire a heritage that can be sold, rented or given as an inheritance to your descendants. When we talk about investing in real estate , it is not just about buying a villa or an apartment to live in. There are indeed various ways to invest in real estate in Senegal . And that is what will be the subject of this article.
What Is A Real Estate Investment?
Real estate investment in Senegal is an operation by which a natural or legal person buys real estate in order to build up a heritage. As in any type of investment, the investor of course expects a return on investment. It should be noted that there are different categories in the real estate market in Senegal .
Ways to Invest Real Estate Senegal
Investors should consider these when investing their money.
Residential real estate: this includes real estate intended for housing ; houses, villas, vacation homes, etc. Most people making their first real estate investment opt for residential real estate because it is the most accessible for first-time investors.
Industrial real estate: This is the branch which includes, as its name suggests, premises intended for industrial use. These are properties dedicated to the exercise of manufacturing and processing activities. Warehouses, storage spaces, etc., fall into this category.
Commercial real estate: This takes into account buildings and buildings used for commercial purposes. Among others, professional offices, commercial premises, shops, etc. This sector is more difficult to access in the sense that it presents a higher risk.
Generally, it is real estate investors who already have a good experience in the field who choose to target commercial real estate. Read More…
