Best African Countries to Invest in Real Estate | African Land

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The Countries With The Best Real Estate Opportunities On The African Continent.

 

There are many factors that can affect the price of an asset, including its location. One of the biggest drivers, however, is how well there are opportunities for growth in that country. This analysis will focus on the countries with the best real estate opportunities on the continent, which makes this list a subjective one.

The citizens of these countries have access to good education systems and robust economies, so they should be able to afford housing more easily than in other countries where education might not be as accessible or neighborhoods might be less safe.

Here are some of the top-rated African countries according to this criteria: Angola — Ghana — Kenya — Mozambique — Nigeria — Rwanda — South Africa.

 

The importance of opportunity

for growth

In order to make a good decision, you need to know the opportunity for growth of that country. For example, Angola has a population of 27 million people and it is expected that by 2050, one-quarter of the continent’s population will live in this country. This makes Angola a great place to invest in real estate because there are good opportunities for growth.

In contrast, Ghana only has a population of 16 million and the country is expected to have 7 million more by 2050, which would mean it would still have a smaller population than Angola. This means there is less opportunity for growth in Ghana and less demand for housing on the market. As a result, it would be harder to sell homes here as prices might not be high enough for buyers.

 

Countries with the best real estate opportunities

There are many factors that can affect the price of an asset, including its location. One of the biggest drivers, however, is how well there are opportunities for growth in that country. This analysis will focus on the countries with the best real estate opportunities on the continent, which makes this list a subjective one.

The citizens of these countries have access to good education systems and robust economies, so they should be able to afford housing more easily than in other countries where education might not be as accessible or neighborhoods might be less safe.

Here are some of the top-rated African countries according to this criteria: Angola — Ghana — Kenya — Mozambique — Nigeria — Rwanda — South Africa

 

Angola

Angola is a country in southern Africa that has a fairly strong economy and a history of good economic growth. Angola is also fairly rich in natural resources, which means they have fairly low levels of poverty.

In this sense, Angola has the opportunity to continue to grow economically and thus provide their citizens with greater opportunities for home ownership.

 

Ghana

Ghanaian citizens have access to good education systems, an English-speaking population, and a relatively high GDP (gross domestic product) per capita. The country’s major export is cocoa, giving it a diverse economy.

 

Kenya

Kenya is a relatively small country in Africa, but it has gained a lot of popularity when it comes to investment. The country’s economy has been growing rapidly and the citizens have access to many opportunities when it comes to education. Kenya is one of the fastest-growing countries in the world, with a GDP growth rate of 5.1 percent in 2017.

The Kenyan government is also investing heavily in infrastructure projects to boost its economy, which could lead to even more opportunity for residents.

 

Mozambique

Mozambique is a country in southeastern Africa that’s made up of fertile land and beautiful beaches. It has a coastline that stretches for more than 1,600 miles. The country offers both outdoor and indoor water activities, including surfing and scuba diving.

The country also has many historic sites, including the Ruins of Sofala and the Ruins of Quelimane. Mozambique is ranked as one of the best countries for real estate opportunity on the continent because it benefits from a growing economy and investing in property there can be reasonably lucrative.

 

Nigeria

The first country on the list is Nigeria. Nigeria is an oil-producing nation, which means that it has a lot of capital available for investment. It also has a large population and a burgeoning middle class—which not only supports the economy but also fuels demand for property.

Nigeria’s real estate market is primarily in Lagos, which is one of the most populous cities in Africa. The Nigerian central bank reported that house prices in Lagos have risen by about 9% over the last year.

If you prefer lower housing prices, you might want to look at other countries on this list, such as Angola or Rwanda. Angola's currency conversion from US dollars to their currency means that housing is relatively cheap there, even though they have a booming economy and a growing middle class. The political situation in Rwanda is stable and property values are rising steadily there too.

 

Rwanda

Rwanda is one of the top African countries for real estate, as it has a government that is very proactive with its economic policies. The country has many opportunities for growth, including governmental support for small businesses and low unemployment rates.

However, there are also some factors that could work against Rwanda’s chances of being the best country to invest in real estate on the continent. There are still problems with corruption and economic inequality.

So while Rwanda might not be perfect, it does have more potential than other countries on the continent. It is worth looking at if you want to invest in property on the African continent.

 

South Africa.

South Africa is a country that has had some political and social challenges. Despite this, it is still a country with a lot of potential opportunities for real estate investors.

Its economy has been steadily growing and it is seen as a stable place to invest. The government has put in some measures to help the housing market by making loans more accessible and providing investment incentives for developers.

In addition, education from preschool to university level is widely available. In fact, South Africa’s education system ranks amongst the best in the world. This means that there will be a large group of educated residents who can afford to buy property in South Africa.

The African continent also has many countries with good real estate opportunities; however, we've chosen the top five for this article: Angola — Ghana — Kenya — Mozambique — Nigeria — Rwanda — South Africa.

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