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immobilier

Real estate myth: Real estate is a non-productive investment

We often hear in Senegal that real estate investment is a non-productive investment because it does not create jobs and only benefits the investor. We believe that such a view of real estate is simplistic and reductive.   Real estate drives the construction industry Construction is a sector of activity that contributes 13% of global GDP (Mckinsey Construction Report, 2020). According to the...

investir dans l'immobilier

How to invest in real estate in Senegal

Real estate is known to be one of the most profitable sectors for investment. This is even more valid in Senegal where we are witnessing a real gold rush, especially in the capital. Something to seriously think about investing, we will help you understand why and how in this article? Why invest in real estate in Senegal? There are two main factors that are essential to look for when measuring the...

immobilier sénégal

JIWALL, a platform to democratize access to housing in Senegal

Proptech, co-construction, crowdfunding, new words in the real estate environment in Senegal that the startup Jiwall proposes to popularize. In an interview with Financial Afrik, Makhtar Diop, Co-Founder and CEO of Jiwall looks back on his career and the objectives of his innovative startup which aims to democratize access to housing in Senegal. Find the full article here :...

construction senegal

Solutions to meet the challenges of housing in Senegal

The housing issue in Senegal today presents itself as a generational challenge amplified by several factors (current deficit, population growth, high cost, etc.). Access to housing thus becomes a citizen's concern which requires participatory reflection, hence the present Jiwall initiative which aims to contribute constructively to the establishment of a plan to meet the housing challenges mentioned during...

6 critères pour évaluer un terrain

En matière d'investissement, il est toujours bon de prendre toutes ses précautions afin d'éviter d'investir dans une mauvaise affaire. Aussi avant d'acheter un terrain, il est mieux de s'informer sur sa valeur réelle. Dans cet articles nous vous donnons 6 critères qui vous aiderons à évaluer un terrain avant de l'acheter. L’offre et la demande L’immobilier n’échappe pas à cette notion...

immobilier sénégal

PropTech : Innovating in real estate to solve the problems of our generation

Technology occupies a central place in human economies today. Since the advent of digital technology, all areas of activity have been turned upside down, until the creation of sub-sectors capturing the attention of parent sectors. Finance, insurance and catering, to name but a few, have seen the advent of FinTech, AssurTech and FoodTech, respectively. These innovations are disrupting traditional operating...

How to get a home loan

Consider taking out a home loan to finance your project. Here are some elements you will need to build your file: A duly signed loan application; A land title of less than three months; A quantitative and estimated estimate of the project; A tax notice; The last three payslips and employment contract; Bank statements for the last three months; A proof of...

Understanding Housing Affordability

The affordability of housing depends on three factors: - household income; - the price of the house; - the financing conditions. In Africa, the confluence of low urban household incomes and high short-term mortgage interest rates (if any) or lack of financing translates into very low housing affordability. In Senegal, 74.7% of the population cannot afford the cheapest newly built house and here...

Why do we have to stop talking about the real estate bubble in Dakar ?

Real estate in Dakar is one of the most dynamic economic sectors in Senegal, and is experiencing very strong growth. According to the National Agency for Statistics and Demography (ANSD), the price per square meter has, on average, multiplied by 2.5 between 1994 and 2000, then by more than 2 between 2000 and 2009. At the same time , construction costs have moved in the same direction. For example, the...

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