With 2024 drawing to a close, many people are already looking ahead to 2025 with enthusiasm, especially when it comes to real estate. While the idea of investing in Senegalese real estate has crossed many minds in recent years, 2025 could very well mark a turning point due to the global economic context. Rampant inflation (albeit uneven across regions), geopolitical tensions, and the emergence of new strategic alliances will push real estate investors to broaden their thinking. This article will examine the outlook for the coming year and why investing in Senegalese real estate in 2025 remains, at present, an excellent opportunity for profitability.
A consistently strong momentum
Unusually, the Senegalese real estate market is experiencing a dynamism in 2024 that has become typical in recent years. Furthermore, it's worth noting that investing in Senegalese real estate is no longer primarily the domain of foreigners, as more and more Senegalese are investing in property, particularly on the Petite Côte ( Saly , Somone, Ngaparou , etc.) where, since the Covid-19 pandemic, many Dakar families have purchased second homes to escape the hustle and bustle of the capital during weekends or holidays.
Regarding land prices , they remained strong in 2024. The same is true for rent levels, where the decree aimed at reducing rents in the capital by 15% has had no effect, as monthly payments have increased again this year. On the transaction side, prices continue to climb, defying all predictions of a real estate bubble bursting, particularly in Dakar where it is now possible to find land for sale in Almadies for 3,000,000 FCFA per square meter!
See: All apartments for rent in Dakar
A turbulent year
The year 2024 was marked by numerous events. Firstly, on a local level, the political and social tensions of June led some buyers to postpone or even cancel their real estate projects in Senegal.
Furthermore, many international factors are now changing the game:
- Inflation : It directly impacts purchasing power and therefore demand. The West (and particularly France, where a large part of the Senegalese diaspora resides) is heavily affected by this phenomenon. This might lead us to believe that some members of this diaspora, along with others attracted by an idyllic setting and a much lower cost of living, would be tempted to invest in real estate in Senegal, or even relocate there permanently!
- The presidential election : It marked the end of intense tensions within the country.
- New alliances : The year 2024 saw the world move even further away from Western (USA-led) dominance. The BRICS, to name just one example, mark the beginning of a new global landscape, which will inevitably have repercussions on the entire economy. It is up to Senegal to seize this opportunity and leverage its strengths to fully participate in these geopolitical shifts!
A real estate market that is transforming
Furthermore, the real estate sector in Senegal is undergoing a digital transformation ! In addition to our real estate listings website Keur-Immo , which allows real estate agencies to publish their listings for free, it's worth noting that more and more professionals in the sector are embracing digital marketing in how they sell and rent their properties. Social media is frequently used to promote properties. General classifieds websites are also popular, although a growing number of professionals regret that they are not at all suited to the real estate market, given that virtually anyone can publish content on them.
Investing in Senegal in 2025?
Investing in real estate in Senegal in 2025 will likely remain a wise choice for investors. This is because we will see continued strong demand driving prices upwards! It will be interesting to monitor price trends, particularly in Dakar where some areas currently have prices that seem disconnected from market realities.
From a general perspective, Senegal continues its process of emergence, slowly but surely. The commissioning of Senegal's first offshore gas project should allow the country to benefit from significant revenues which, if intelligently redistributed, should lead to an increase in the purchasing power of the general population.
Which sectors should you invest in?
The Senegalese capital remains a highly sought-after destination for investors. In Dakar, urban transformation is booming. Every day, modern buildings such as shopping malls, hotels, and training centers spring up. These major transformations reflect rapid urbanization and the demands it places upon us. Flagship projects like the toll highway , the Blaise Diagne International Airport (AIBD) , the Regional Express Train (TER) , and the new urban center under construction in Diamniadio illustrate Dakar's ambition and dynamic development. This is why the city remains so attractive to investors, who are benefiting from ever-increasing demand.
But investing in real estate in Senegal in 2025 isn't limited to the capital. Many up-and-coming areas, such as the Petite Côte, offer opportunities at much more competitive prices than Dakar. While Saly is beginning to show signs of price stagnation, the surrounding villages are attracting increasing interest. Areas like Nguerigne , Pointe Sarène , Warang Diass region could prove to be excellent investments if you're looking for land in Senegal to build a house or for your business.
Don't miss all the land listings for sale in Senegal !
As you can see, investing in Senegal in 2025 remains a viable option for informed investors. Don't hesitate to visit our real estate listings website to view all the properties for sale and rent throughout Senegal !