Authored by the expert who managed and guided the team behind the Cameroon Property Pack
Everything you need to know before buying real estate is included in our Cameroon Property Pack
Why is Cameroon emerging as a prime destination for property investment in 2025? Is it the promising rental returns, the expanding infrastructure, or the affordability compared to other African markets? What are the key advantages for investors?
We get asked these questions all the time because we’re on the ground, working closely with developers, real estate agents, and investors like you. With so much interest in this market, we’ve decided to turn our individual answers into a comprehensive article for everyone to benefit from.
Our goal is to provide a clear case for investing in Cameroon's real estate market, backed by our firsthand experience and market knowledge.
If you think we missed an important point in our content or want to know more, don’t hesitate to reach out (we answer super fast). Your feedback makes our content even stronger.
Finally, please note that this is not financial or investment advice. Investing in real estate carries inherent risks, and market conditions can change unexpectedly. We strongly encourage you to conduct thorough research and consult with a qualified financial advisor before making any investment decisions.
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1) In Cameroon, you’ll find more mortgage options available from the banking sector
The banking sector in Cameroon is offering more mortgage options to potential buyers.
In recent years, banks like Crédit Foncier du Cameroun have been stepping up their game by promoting social housing. They've provided over 450 loans worth CFA21.7 billion for housing units and building lots, making it easier for people to own homes. This move is part of a broader trend where banks are keen to support the growing demand for housing.
The real estate market in Cameroon is on the rise, with a projected 4.80% growth from 2024 to 2029. This boom is driving more people to seek home ownership, especially in properties that offer both living and business opportunities. As a result, banks are expanding their mortgage options to cater to this increasing interest.
Interest rates for mortgages in Cameroon are quite competitive, currently at around 5 percent. This makes borrowing more appealing, as potential buyers can lock in favorable rates. The expectation is that these rates might even trend lower, further encouraging people to consider mortgages.
For those looking to invest in property, this is a golden opportunity. The combination of more mortgage products and stable interest rates creates a buyer-friendly environment. Banks are eager to attract new customers, and this is reflected in the variety of mortgage options now available.
Sources: Housing Finance Africa, Statista, Trading Economics
2) With the energy sector growing, there’s a rising demand for worker housing
The energy sector in Cameroon is booming, with plans to boost capacity to 5,000 MW by 2030.
Projects like Nachtigal, Kikot, Grand Eweng, and Mbakaou are in the works, and they're not just about power. They're also about creating thousands of jobs. For example, the Kikot-Mbebe hydroelectric facility alone is set to generate 3,500 jobs during its construction.
This surge in energy projects is attracting skilled workers, which means more people are moving to these areas. As a result, there's a growing need for housing, especially near these project sites.
In cities like Douala and Yaoundé, urbanization is on the rise, and real estate is booming to keep up with the influx of workers. This trend is particularly noticeable around energy project locations.
For anyone considering buying property in Cameroon, this is a key moment. The housing market is responding to the energy sector's growth, offering opportunities for investment.
Sources: Business in Cameroon, EDF Cameroun, Scirp
We have made this infographic to give you a quick and clear snapshot of the property market in Cameroon. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Many in Cameroon’s diaspora are buying property to stay connected to their roots
Cameroon's diaspora is increasingly investing in real estate to keep their connection to home alive.
In 2022, remittances from Cameroonian migrants hit $365 million, reflecting a growing financial commitment to their homeland. This trend shows how deeply connected the diaspora remains to Cameroon, with many choosing real estate as a tangible way to maintain these ties.
The Urban Community of Douala has taken a proactive step by launching the icud-diaspora platform, designed to attract real estate investments from Cameroonians living abroad. This platform offers a structured approach, making it easier for the diaspora to engage in property projects, with support and partnerships that simplify the investment process.
In 2023, surveys highlighted that a large segment of the diaspora is keen to invest in real estate, provided the conditions are right. This enthusiasm is bolstered by government initiatives that offer incentives, making the investment process smoother and more appealing for those looking to contribute to their home country's growth.
These efforts are not just about financial returns; they are about maintaining a sense of belonging and contributing to the development of Cameroon. The government's role in facilitating these investments is crucial, as it provides the necessary support and incentives to make real estate a viable option for the diaspora.
For many in the diaspora, investing in real estate is more than just a financial decision; it's a way to stay connected to their roots and play a part in the country's future. The combination of platforms like icud-diaspora and government support is making this dream a reality for many.
Sources: Business in Cameroon, We Are Tech Africa, Diamond Realty
4) In major cities like Douala and Yaoundé, you can expect high rental yields
Douala and Yaoundé are hotspots for property investors due to their high rental yield potential.
These cities are buzzing with activity, thanks to rapid urbanization and population growth. Douala alone saw its population jump by 139,910 in just a year, pushing it over 4.2 million by 2024. This surge has cranked up the demand for rental properties, making it a landlord's market.
The growing expatriate community is adding fuel to the fire, as they seek housing options that are already in short supply. This scarcity is driving up rental prices, especially for a three-bedroom house, which costs more in Douala and Yaoundé than in smaller towns. High demand and limited supply are the name of the game here.
Government infrastructure projects are also playing a big role in making these cities more appealing. As roads and public services improve, more people are drawn to the area, which could mean even higher rental yields down the line. Plus, with Cameroon’s economy on the rise, people have more disposable income to spend on rent.
Investors are also eyeing these cities because of favorable property laws and impressive gross rental yields. Douala, for instance, boasts a yield of 10.32%, which is quite attractive for anyone looking to invest in real estate.
Sources: African Property Magazine, World Population Review, Numbeo
5) Cameroon’s young people are starting to buy homes for the first time
Cameroon's young population is stepping into the housing market as first-time buyers, driven by several key factors.
With 41.95% of the population aged 0 to 14 in 2023, a significant number of young Cameroonians are reaching adulthood and seeking housing. This demographic shift is creating a buzz in cities like Douala and Yaoundé, where urbanization is in full swing. As more people flock to these urban centers, the demand for housing continues to rise, making it a top priority for many young adults.
Government initiatives are also lending a hand. Projects like "One Moto-Taxi Driver, One Decent and Affordable Home" are specifically designed to help first-time homebuyers, especially those in vulnerable sectors. This support is crucial as it provides a pathway for young people to own homes, even if they are just starting out in their careers.
Economic growth is another piece of the puzzle. As industries such as agriculture, mining, and services expand, young professionals are enjoying increased disposable incomes. This financial boost makes homeownership more attainable and attractive. Real estate market reports hint that property prices are on the rise, nudging young adults to invest in real estate sooner rather than later.
In cities like Douala, the urban shift is not just a trend but a lifestyle change. Young people are drawn to the opportunities and amenities that city life offers, and owning a home becomes part of that dream. The government's focus on affordable housing projects is a game-changer, making it possible for more young people to consider buying a home.
With the economy on an upward trajectory, the real estate market is becoming increasingly competitive. Young buyers are keen to secure their place in this evolving landscape, knowing that the right investment now could pay off significantly in the future.
Sources: UNICEF, Business in Cameroon, Trading Economics
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6) Cameroon’s central location makes it a key hub for regional trade
Cameroon's strategic location in Central Africa makes it a hub for regional trade.
Being part of key economic communities like CEMAC and ECCAS, Cameroon enjoys smooth and cooperative trade with its neighbors. The Port of Douala, one of the largest in Central Africa, is a bustling gateway for imports and exports, boosting regional commerce significantly.
The Trans-African Highway network runs through Cameroon, enhancing its connectivity with neighboring countries. This network not only facilitates direct overland travel but also promotes trade and tourism across the continent. With increasing foreign investment in infrastructure, the development of roads and railways is further improving trade connectivity.
Cameroon's location is a gateway to landlocked countries like Chad and the Central African Republic, allowing for efficient transportation of goods to and from these regions. The Kribi Deep Sea Port is set to enhance trade capacity, attracting more regional commerce with its ability to handle large volumes of trade.
Investors are keen on Cameroon due to its growing infrastructure projects, which are essential for improving trade routes. The country's strategic position not only benefits its economy but also supports the economic growth of its neighbors.
With its strategic location and robust infrastructure, Cameroon is poised to remain a central player in regional trade, offering ample opportunities for investors looking to tap into the Central African market.
Sources: Lloyds Bank Trade, The Travel Bible, Trade.gov, AFSIC
7) Improved infrastructure is making suburban areas more accessible
In Cameroon, infrastructure projects are transforming suburban accessibility.
From 2023 to 2027, the government is rolling out a major road development plan, aiming to add 1,415 km of asphalt roads. This expansion is a game-changer, connecting remote areas to city centers and making travel smoother and quicker.
The CMR1037 Project is a standout, focusing on the Douala-Bafoussam road and building access roads to agro-pastoral areas. With significant backing from the Islamic Development Bank, this project is boosting transport links between the Central and Adamaoua regions, opening up suburban areas for residents and businesses alike.
Yaoundé’s Urban Mobility Plan is also in the mix, with increased funding for public transport systems. By investing in new transport lines and enhancing road infrastructure, the plan aims to cut congestion and improve life quality, making suburban living more appealing.
These efforts are not just about roads; they’re about creating a lifestyle shift. With better transport options, people are finding it easier to live outside the hustle and bustle of city centers, enjoying the perks of suburban life.
As these projects unfold, the landscape of suburban living in Cameroon is changing, offering new opportunities for those looking to invest in property outside the city.
Sources: Business in Cameroon, World Highways, MobiliseYourCity
8) Innovative building materials are making construction more affordable in Cameroon
The construction industry is buzzing with innovations, especially in places like Cameroon, where cost-effective building materials are transforming the landscape.
One standout innovation is the use of Compressed Earth Blocks (CEB), which are being reinforced with rattan waste. This clever tweak not only boosts their strength but also makes them a cheaper alternative to traditional materials. Builders are finding that CEBs with just 2% rattan waste have impressive mechanical properties, making them a smart choice for construction projects.
Another game-changer is the rise of prefabricated and modular building techniques. Companies like Module-T are at the forefront, offering customizable modular constructions. These structures are built in factories, meaning they are less affected by weather conditions and maintain high quality. This approach is catching on because it saves both time and money, making it a popular option for many projects.
Government initiatives are also pushing the envelope in cost-effective construction. Take the National Development Strategy (SND30) in Cameroon, for instance. It aims to significantly expand the country's paved road network by using innovative materials to cut costs. Projects like the Kribi bitumen plant are expected to reduce the need for imports and lower road infrastructure expenses by 30%, highlighting the financial perks of using local resources.
These advancements are not just about saving money; they're about building smarter and more sustainably. The use of local materials and innovative techniques is reshaping the construction landscape, offering new opportunities for those looking to invest in property in the country.
For potential property buyers, these innovations mean more affordable and sustainable options. The construction industry in Cameroon is not just keeping up with global trends; it's setting new standards with innovative and cost-effective solutions.
Sources: Academic Research on CEB, Module-T Modular Buildings, Business in Cameroon
We made this infographic to show you how property prices in Cameroon compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
9) With rapid urbanization, there’s a growing demand for more homes
The rapid urbanization rate in Cameroon is creating a huge demand for more homes.
In cities like Douala, the population is booming, with over 4 million people calling it home in 2024. This growth, at a rate of 3.44% annually, means more people are looking for places to live, pushing up the need for housing. As the city gets more crowded, the real estate market is buzzing with activity.
The government isn't just sitting back; they're rolling out projects like the "Urban platform in Cameroon" to tackle this urban surge. This initiative is all about boosting infrastructure and smart city planning to keep up with the growing number of city dwellers. It's a clear sign that they know more homes are needed.
For those eyeing property investments, this is a golden opportunity. With urban areas expanding, property values are likely to rise, making it a potentially lucrative market. The demand for housing isn't just a trend; it's a reality driven by more people moving to cities every year.
Insiders say that the real estate market in Cameroon is ripe for growth, especially in urban centers. As the government continues to improve city infrastructure, the appeal of urban living is only going to increase. This means more people will be looking to buy or rent homes, keeping the market lively.
So, if you're considering buying property in Cameroon, now might be the time. With the urban population on the rise and government projects in full swing, the housing market is set for exciting times.
Sources: Trading Economics, World Population Review, Expertise France
10) Cameroon’s rising middle class means more people are looking for quality homes
Cameroon's middle class is on the rise, and they're looking for better homes.
Thanks to economic growth averaging 4.3% from 2024 to 2026, more people have money to spend on housing. This growth is largely driven by the secondary and tertiary sectors, which are creating higher-paying jobs and expanding the middle class. As incomes rise, so does the desire for quality homes.
Urbanization is also playing a big role. Cities like Douala and Yaoundé are expanding rapidly, with Douala growing at 4.9% and Yaoundé at 6%. People are flocking to these urban areas in search of better jobs and living conditions, which naturally boosts the demand for housing. The city life offers more opportunities, making it a magnet for those looking to improve their quality of life.
The real estate market is heating up, with property values on the rise. This is partly due to the country's economic growth and urbanization trends. As property values increase, people are eager to invest in homes that will appreciate over time. The government is also stepping in with initiatives to improve infrastructure, further fueling the demand for quality housing.
Sources: World Bank, MIT Urban Upgrading, Cameroon Price Forecasts
11) With agriculture growing, rural real estate demand is on the rise
The agricultural sector in Cameroon is booming, and it's shaking up the rural real estate market.
In recent years, Cameroon's agriculture sector has been valued at USD 11.26 billion, with expectations to hit USD 13.90 billion by 2029. This growth is fueled by a surge in cereal crop production, especially maize, which reached 3.8 million metric tons in 2022. Such impressive numbers are making rural land more attractive for investment.
Government efforts, particularly those backed by the International Fund for Agricultural Development (IFAD), are crucial. These projects are not just about boosting cereal crops; they aim to improve the quality of life for rural communities. This dual focus on agriculture and community well-being is drawing both local and international investors to rural properties.
Real estate market trends are reflecting this agricultural boom. Since 2023, the value of farm real estate, including buildings, has risen by 5%, while cropland values have increased by 4.7%. This uptick in property values highlights the growing demand for agricultural land, spurred by the sector's expansion and supportive government policies.
With higher agricultural output and rising property values, there's a clear connection between the sector's growth and the demand for rural real estate. Investors are keen to capitalize on this trend, seeing the potential for profitable returns.
As the agricultural sector continues to thrive, the ripple effects on rural real estate are undeniable. The combination of increased production, government initiatives, and rising land values is creating a vibrant market for those looking to invest in Cameroon's countryside.
Sources: Mordor Intelligence, Land.com
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.