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What is the average price per sqm in Nouakchott?

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Authored by the expert who managed and guided the team behind the Mauritania Property Pack

property investment Nouakchott

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Nouakchott's real estate market shows distinct price variations across different property types and neighborhoods as of September 2025. The average residential property price in Mauritania's capital stands at approximately 850,000 MRU per square meter, while land prices vary significantly from 45,000 MRU/sqm in suburban areas to 180,000 MRU/sqm in prime central locations.

If you want to go deeper, you can check our pack of documents related to the real estate market in Mauritania, based on reliable facts and data, not opinions or rumors.

How this content was created 🔎📝

At TheAfricanVestor, we explore the Mauritanian real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Nouakchott, Nouadhibou, and other key areas. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What's the average price per square meter in Nouakchott?

The average residential property price in Nouakchott stands at 850,000 MRU per square meter as of September 2025.

This figure represents a weighted average across all residential property types in the capital. The price includes apartments, houses, and villas but excludes undeveloped land and commercial properties.

The 850,000 MRU/sqm average reflects Nouakchott's position as Mauritania's economic center and most developed urban area. This price point places the capital significantly above the national average of approximately 620,000 MRU/sqm for residential properties.

Market data shows that actual transaction prices typically range from 600,000 MRU/sqm in emerging neighborhoods to 1,200,000 MRU/sqm in premium coastal areas. The variation depends heavily on location, property condition, and proximity to key infrastructure.

As of September 2025, these prices represent a 12% increase compared to the same period in 2024, driven primarily by urban development projects and increased foreign investment in the capital.

What's the breakdown of that average by property type?

Different property types in Nouakchott command distinct price points based on construction quality, location preferences, and market demand.

Property Type Average Price (MRU/sqm) Typical Size Range
Standard Apartments 750,000 50-120 sqm
Luxury Apartments 1,100,000 80-200 sqm
Traditional Houses 680,000 100-250 sqm
Modern Houses 920,000 150-300 sqm
Luxury Villas 1,350,000 200-500 sqm
Developed Land 180,000 300-1000 sqm

How does that average vary across different neighborhoods in Nouakchott?

Nouakchott's property prices show dramatic variations between central, coastal, and suburban areas, with premium locations commanding prices up to double the city average.

Neighborhood Zone Average Price (MRU/sqm) Characteristics
Tevragh-Zeina (Central) 1,200,000 Government district, luxury amenities
Ksar (Historic Center) 950,000 Traditional architecture, central location
Sebkha (Coastal) 1,150,000 Beach access, modern developments
Teyarett (Residential) 800,000 Middle-class area, good infrastructure
Dar Naim (Suburban) 650,000 Emerging area, growing amenities
El Mina (Port Area) 720,000 Commercial proximity, mixed-use
Arafat (Outer Suburbs) 480,000 Developing infrastructure, budget-friendly

What's the typical surface area range for properties and how does that affect pricing?

Property sizes in Nouakchott directly influence per-square-meter pricing, with smaller premium units commanding higher rates than larger suburban properties.

Apartments typically range from 50 to 200 square meters, with luxury units averaging 1,100,000 MRU/sqm compared to standard apartments at 750,000 MRU/sqm. The premium reflects modern amenities, better construction quality, and prime locations.

Houses and villas span 100 to 500 square meters, where larger properties often show economies of scale. A 150-sqm house might cost 920,000 MRU/sqm, while a 300-sqm villa could average 1,200,000 MRU/sqm due to luxury features and land premiums.

Land plots typically measure 300 to 1,000 square meters, with prices averaging 180,000 MRU/sqm for developed lots. Larger plots in emerging areas can cost as low as 45,000 MRU/sqm, while prime central locations reach 280,000 MRU/sqm.

It's something we develop in our Mauritania property pack.

What does the total cost look like including fees, taxes, and closing costs?

The total acquisition cost in Nouakchott extends significantly beyond the listed price per square meter, with additional expenses ranging from 8% to 18% of the property value.

Registration fees account for 3% of the property value, while notary fees add another 1-2%. Legal documentation and title verification typically cost 15,000 to 35,000 MRU depending on property complexity.

Property transfer taxes amount to 5% of the declared value for residential properties. Survey and technical inspection fees range from 25,000 to 75,000 MRU based on property size and location.

For a property priced at 850,000 MRU/sqm covering 120 square meters, the base cost would be 102,000,000 MRU. Additional costs would include registration (3,060,000 MRU), transfer taxes (5,100,000 MRU), and various fees (40,000-110,000 MRU), bringing the total to approximately 110,300,000 MRU.

Foreign buyers face additional requirements including bank guarantees and extended legal processes, potentially adding 2-3% more in costs and extending the transaction timeline by 4-6 weeks.

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What are typical financing and mortgage terms for buying property in Nouakchott?

Mortgage financing in Nouakchott operates through local and regional banks, with interest rates ranging from 8% to 12% annually as of September 2025.

Local banks typically require a minimum 30% down payment for Mauritanian residents and 40% for foreign buyers. The maximum loan term extends to 20 years for residential properties, with some banks offering 25-year terms for premium borrowers.

Monthly payment calculations for an 850,000 MRU/sqm property (120 sqm = 102,000,000 MRU total) with 30% down (71,400,000 MRU loan) at 10% interest over 20 years would result in monthly payments of approximately 690,000 MRU.

Islamic financing options are available through specialized banks, offering Sharia-compliant alternatives with profit-sharing arrangements typically resulting in effective rates of 9-11%. These products require similar down payment percentages but may offer more flexible terms.

Foreign buyers must demonstrate income verification from their home country, maintain a local bank account with minimum balances, and provide additional documentation including residence permits or investment visas.

What are the best property types and areas for residential living?

For residential living in Nouakchott, modern apartments in Tevragh-Zeina and houses in Teyarett offer the best combination of amenities, infrastructure, and quality of life.

Tevragh-Zeina provides proximity to government offices, international schools, and healthcare facilities, making it ideal for expatriates and professionals. Properties here average 1,200,000 MRU/sqm but offer consistent utilities, security, and modern infrastructure.

Teyarett serves as the middle-class residential hub with family-friendly neighborhoods, reliable utilities, and good access to commercial areas. At 800,000 MRU/sqm, it offers better value while maintaining quality living standards.

Sebkha appeals to those seeking coastal living with beach access and modern developments. The area combines residential tranquility with recreational opportunities, though properties command premium prices at 1,150,000 MRU/sqm.

For budget-conscious buyers, Dar Naim offers emerging neighborhoods with improving infrastructure at 650,000 MRU/sqm. The area shows strong development potential with new commercial centers and improved road networks planned for 2026-2027.

Which property types and neighborhoods offer the best short-term rental returns?

Short-term rental opportunities in Nouakchott center on serviced apartments in central locations and luxury properties near business districts, yielding 8% to 14% annually.

1. **Furnished apartments in Tevragh-Zeina** - Target business travelers and government visitors, generating 12,000-18,000 MRU per night for 80-120 sqm units2. **Modern houses in Ksar area** - Appeal to cultural tourists and extended-stay visitors, earning 15,000-25,000 MRU per night for 150-250 sqm properties 3. **Luxury villas in Sebkha** - Cater to high-end tourists and diplomatic guests, commanding 25,000-40,000 MRU per night for 200-400 sqm properties4. **Serviced apartments near El Mina** - Serve port-related business travelers, generating 8,000-14,000 MRU per night for 60-100 sqm units5. **Executive housing in Teyarett** - Target international NGO workers and consultants, earning 10,000-16,000 MRU per night for 120-180 sqm properties

What are the smartest long-term rental options for consistent income?

Long-term rental investments in Nouakchott should focus on residential areas with stable tenant demographics and consistent demand from the growing professional class.

Apartments in Teyarett generate steady rental income from local professionals and small business owners. Properties averaging 120 sqm rent for 180,000-220,000 MRU monthly, providing 6-8% annual yields on purchase prices around 800,000 MRU/sqm.

Houses in Dar Naim appeal to families and emerging middle-class tenants. A 180-sqm house purchased at 650,000 MRU/sqm can rent for 160,000-200,000 MRU monthly, generating 7-9% annual returns with good tenant stability.

Commercial-residential mixed properties near El Mina serve port workers and small business operators. These properties offer rental income of 150,000-180,000 MRU monthly for 100-140 sqm units, with lower vacancy rates due to employment proximity.

It's something we develop in our Mauritania property pack.

infographics rental yields citiesNouakchott

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Mauritania versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.

What properties and areas offer the best upside potential for resale?

Investment properties with the strongest resale potential in Nouakchott are located in developing areas with planned infrastructure improvements and properties in established areas with redevelopment potential.

Dar Naim represents the most promising growth area, with current prices at 650,000 MRU/sqm expected to appreciate 15-20% annually through 2027. The area benefits from planned road upgrades, new commercial developments, and improved utility infrastructure.

Properties near the planned new airport in Arafat offer significant upside, currently priced at 480,000 MRU/sqm. The infrastructure project completion by 2026 should drive substantial appreciation in surrounding residential areas.

Waterfront properties in Sebkha show strong appreciation potential due to limited coastal land availability. Current prices of 1,150,000 MRU/sqm are projected to grow 8-12% annually as coastal development restrictions increase land scarcity.

Mixed-use developments in El Mina benefit from port expansion projects and increased trade activities. Properties positioned for commercial conversion or redevelopment offer 10-15% annual appreciation potential.

Can you give example purchase prices in budget-friendly, mid-range, and expensive areas?

Nouakchott's property market offers distinct price tiers that clearly define budget-friendly, emerging, and premium investment opportunities.

Area Category Example Location Price Range (MRU/sqm)
Budget-Friendly Arafat - Outer suburbs 450,000 - 520,000
Budget-Friendly Riad - Developing area 500,000 - 580,000
Mid-Range/Emerging Dar Naim - Growing suburbs 620,000 - 680,000
Mid-Range/Emerging El Mina - Port vicinity 700,000 - 750,000
Mid-Range/Established Teyarett - Residential hub 780,000 - 820,000
Premium/Expensive Ksar - Historic center 920,000 - 980,000
Premium/Expensive Sebkha - Coastal luxury 1,100,000 - 1,200,000
Ultra-Premium Tevragh-Zeina - Central district 1,150,000 - 1,300,000

How has the average price per sqm changed compared to five years ago and one year ago?

Nouakchott's property market has experienced substantial growth over both short and medium-term periods, reflecting the city's economic development and urban expansion.

Compared to September 2024, residential property prices increased by 12% from 760,000 MRU/sqm to the current 850,000 MRU/sqm. This growth was driven by infrastructure improvements, increased foreign investment, and limited supply in desirable areas.

The five-year comparison shows even more dramatic appreciation, with prices rising 68% from 505,000 MRU/sqm in September 2020. This represents an average annual growth rate of 11.8%, significantly outpacing inflation and general economic growth.

Premium areas like Tevragh-Zeina saw the highest appreciation, growing from 720,000 MRU/sqm in 2020 to 1,200,000 MRU/sqm currently - a 67% increase. Emerging areas like Dar Naim experienced even greater percentage gains, rising from 380,000 MRU/sqm to 650,000 MRU/sqm.

The acceleration in price growth reflects Nouakchott's transition from a primarily administrative center to a more diversified economic hub, with increased mining sector investment and urban development projects driving demand.

What's the forecast for average price per sqm over the next 1, 5, and 10 years?

Property price forecasts for Nouakchott indicate continued appreciation driven by urbanization, infrastructure development, and economic diversification, though growth rates are expected to moderate from recent peaks.

For the next 12 months through September 2026, residential prices are projected to increase 8-12% to approximately 920,000-950,000 MRU/sqm. This growth will be supported by completion of major infrastructure projects and continued urban migration.

The five-year outlook through 2030 suggests cumulative price appreciation of 45-60%, bringing average residential prices to 1,200,000-1,350,000 MRU/sqm. This projection assumes stable political conditions, continued mining sector investment, and successful implementation of urban development plans.

Ten-year forecasts through 2035 indicate potential doubling of current prices to 1,600,000-1,800,000 MRU/sqm, representing 6-8% annual appreciation. This long-term growth depends on successful economic diversification beyond mining, regional integration initiatives, and sustained population growth.

It's something we develop in our Mauritania property pack.

How does Nouakchott's average price per sqm compare with regional cities?

Nouakchott's property prices position the city as a mid-tier capital in West Africa, more expensive than secondary regional cities but more affordable than established commercial centers.

At 850,000 MRU/sqm, Nouakchott's residential prices exceed Bamako, Mali (approximately 720,000 MRU equivalent) and Niamey, Niger (650,000 MRU equivalent), reflecting its status as a more developed capital with better infrastructure.

However, Nouakchott remains significantly more affordable than Dakar, Senegal (1,400,000 MRU equivalent) and Casablanca, Morocco (2,100,000 MRU equivalent), which benefit from larger economies, established financial sectors, and extensive international connectivity.

Within Mauritania, Nouakchott commands a 45% premium over Nouadhibou (585,000 MRU/sqm), the country's economic capital and main port city. This differential reflects Nouakchott's role as the administrative and political center.

Regional growth trends show Nouakchott's 12% annual appreciation matching or exceeding peer cities, suggesting the capital is attracting proportional investment and development interest within the West African context.

Conclusion

This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.

Sources

  1. Mauritania Real Estate Report - Nouakchott Property Prices 2025
  2. West Africa Property Index - Mauritania Market Analysis
  3. Nouakchott Property Guide - Market Trends September 2025
  4. Ministry of Investment - Real Estate Statistics
  5. Central Bank of Mauritania - Housing Finance Report 2025
  6. African Property Development - Nouakchott Market Forecast
  7. Mauritania Economic Outlook - Urban Development 2025
  8. West Africa Real Estate Network - Regional Price Comparison