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What is happening in Gabon’s real estate market? Are prices on the rise or decline? Is Libreville still attracting foreign investors? How is Gabon’s government shaping real estate policies and taxes in 2025?
These are the questions we hear every day from professionals, buyers, and sellers across Gabon, from Port-Gentil to Franceville and beyond. You might be curious about these trends too.
We know this because we stay closely connected with local experts and individuals like you, exploring the Gabonese real estate market daily. That’s why we crafted this article: to offer clear answers, insightful analysis, and a comprehensive view of market trends and dynamics.
Our aim is straightforward: to make sure you feel informed and confident about the market without needing to search elsewhere. If you think we missed something or could improve, we’d love to hear your feedback. Feel free to message us with your thoughts, and we’ll strive to enhance this content for you.
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1) Asian investors will seek opportunities in Gabon's growing residential markets
Asian investors are eyeing Gabon's emerging residential markets for some compelling reasons.
In 2022, Gabon attracted USD 1.1 billion in foreign direct investment (FDI), signaling a growing interest from international players, including those from Asia. This influx of investment highlights Gabon's rising appeal as a destination for business ventures.
Infrastructure development is booming, with projects like the Ndende-Doussala cross-border highway upgrade involving Asian companies such as SinoHydro. These projects not only enhance connectivity but also pave the way for potential real estate investments, hinting at strategic partnerships between Asian contractors and local firms.
The Gabonese government is rolling out the red carpet for foreign investors with incentives like tax breaks and simplified customs procedures. These measures make the real estate sector particularly enticing, especially as urban areas see a surge in demand for residential properties due to urbanization and a youthful population.
With a young and growing population, the demand for housing in Gabon's cities is on the rise. This demographic shift is creating a fertile ground for real estate development, making it an attractive market for investors looking to capitalize on residential opportunities.
Sources: Lloyds Bank Trade, World Highways, Gabon Real Estate Market
2) Urbanization will drive real estate trends as more people relocate to cities for jobs
Urbanization is reshaping Gabon's real estate market as more people flock to cities for job opportunities.
In 2023, Gabon's urban population hit over 2.2 million, and this number keeps climbing. People are moving from rural areas to cities, driven by the promise of better jobs and living conditions. Even with a slight dip in the net migration rate to 0.416 per 1,000 in 2024, the trend of urban migration remains strong.
The government is stepping up with urban development plans in key cities like Libreville and Port-Gentil. They're focusing on special economic zones and infrastructure upgrades to support the growing urban crowd. The Akanda Masterplan is a big part of this, aiming for sustainable growth in fast-expanding areas.
Real estate is booming, with plans for over 3,000 new affordable housing units to tackle the housing shortage. Back in 2014, Gabon had Africa's highest urbanization rate at 86.9%, and the demand for housing in cities is still high. Libreville alone faces a housing deficit of 200,000 units, highlighting the urgent need for more homes.
Sources: Trading Economics, Macrotrends, Oxford Business Group, Opticos Design
We have made this infographic to give you a quick and clear snapshot of the property market in Gabon. 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) Smart home technology will be more common in new residential projects in Gabon
In Gabon, smart home technology is becoming increasingly common in new housing projects.
Back in 2023, only a small fraction, about 2% of Gabonese households, had smart home devices. But this is changing fast, with expectations that this number will double by 2029. The smart appliances market is also on the rise, with a projected growth of 9.17% through 2029, aiming for nearly US$1 million in market value.
The Gabonese government is a big player in this shift, investing heavily in tech infrastructure. Through the Digital Gabon Project, they're laying down the legal and tech groundwork needed for this digital leap. They've already rolled out over 1,100 km of fiber optic to boost high-speed internet, which is essential for smart homes.
Real estate developers and tech companies are teaming up to make smart homes a reality. Big names like TP-LINK, Ring, and Google are expanding in Gabon, likely working with developers to integrate these technologies into new homes. This partnership is making smart home products more available locally, easing the way for consumers to embrace these innovations.
With these developments, it's clear that smart home technology is not just a trend but a growing part of Gabon's housing landscape. The combination of government support, tech partnerships, and market growth is setting the stage for a digital transformation in how Gabonese live.
Sources: Nucamp, World Bank, Digital Watch
4) Owendo’s property values will rise as the port expansion boosts local economic activity
The expansion of Owendo Port has doubled its cargo capacity, transforming the local economy.
With the ability to handle an extra 4 million tonnes of cargo, the port is now a bustling hub for trade and commerce. This boost in activity has not only invigorated the local economy but also created 380 permanent jobs at the new facilities. During the construction phase, 1,800 workers were employed, mostly from Gabon, which has brought a wave of new residents seeking housing.
The Gabon Special Economic Zone is another catalyst for growth, attracting 123 businesses from 18 countries. This influx is a clear sign of rising business activity, which is expected to push the GDP up by 4% to 5% over the medium term. As these businesses expand, they bring in more employees and their families, further increasing the demand for housing in Owendo.
With more people moving to the area for work, the local real estate market is heating up. The demand for housing is on the rise, driven by the influx of workers and their families. This trend is likely to continue as the economic zone and port expansion attract even more businesses and residents.
For potential property buyers, this means Owendo is becoming a prime location. The combination of job opportunities and economic growth is making it an attractive place to live and invest. As the area develops, property values are expected to rise, offering a promising return on investment.
Sources: EAIF, Port of Rotterdam
5) The expanding middle class will pursue modern homes with enhanced amenities
The growing middle class in Gabon is on the hunt for modern homes with better amenities.
With Gabon's per capita GDP at $8,820 in 2022, one of the highest in sub-Saharan Africa, more people have extra cash to spend on upgrading their living conditions. This economic boost is a key reason why the middle class is eyeing modern housing options. As incomes rise, so does the desire for homes that offer more comfort and convenience.
Gabon is also experiencing a significant urban shift, with over 80% of its population now living in cities. This trend is expected to continue as people move to urban areas in search of better living conditions. The surge in demand for residential construction permits is a clear sign that many are keen on building or buying homes that come with modern amenities.
According to the 2024/25 Africa Report by Knight Frank, there's a noticeable shift towards modern housing, including mixed-use developments and community living projects. These new developments are designed to meet the needs of the growing middle class, who are eager for better amenities and a higher standard of living.
In Gabon, the middle class is not just looking for a roof over their heads; they want homes that offer a modern lifestyle. This includes features like better security, access to recreational facilities, and proximity to urban conveniences. The demand for such housing is a testament to the changing aspirations of Gabon's middle class.
As urbanization continues, the real estate market in Gabon is poised for growth, driven by the middle class's desire for modern living spaces. This shift is reshaping the housing landscape, with developers focusing on projects that cater to these evolving needs.
Sources: Trade.gov, Statista, Knight Frank
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6) Interest in mixed-use residential developments will grow due to the desire for community-oriented living
In Gabon, over 80% of the population now lives in urban areas, and this trend is only growing.
People want more than just a place to live; they crave community amenities like parks, shops, and schools right in their neighborhoods. This is why mixed-use developments, which combine these amenities into one area, are becoming so popular. They make life easier and more community-focused.
Gabon is also committed to sustainable and eco-friendly building practices, especially in places like Libreville. This aligns perfectly with the rising interest in green living, making mixed-use developments even more appealing.
The government is on board too, with policies that promote urban development and mixed-use zoning. Projects like the Gabon Urban Development Project are all about improving infrastructure in crowded neighborhoods, showing a clear focus on integrated urban living.
Globally, mixed-use developments are on the rise, and Africa is no exception. In the last decade, nearly 50% of new commercial and multi-family projects were mixed-use, highlighting a big shift towards integrated living spaces.
Real estate reports often show that property values are higher in mixed-use developments. These projects offer a mix of residential, commercial, and recreational spaces, making them attractive to buyers and renters alike.
Residents in these communities often talk about the perks of community-oriented living, like shorter commutes and more social interaction. These testimonials are a strong testament to the appeal of mixed-use developments.
Sources: Urbanization Rate in Africa, Gabon Green Building History, Gabon Urban Development Project, Mixed-Use Developments, Urban Population in Gabon
7) New road infrastructure projects will boost interest in Libreville’s northern neighborhoods by improving accessibility
The northern neighborhoods of Libreville are becoming increasingly attractive due to significant improvements in road infrastructure.
In recent years, the Gabonese government has poured resources into road projects, boosting the percentage of surfaced roads and enhancing connectivity within the capital. By the third quarter of 2023, these efforts started to pay off, making it easier to get around and opening up new opportunities for residents and investors alike.
Real estate market reports from 2023 and 2024 reveal that property values in these areas are on the rise, thanks to better amenities and improved accessibility. This upward trend is evident in the increased number of property transactions, especially in upscale neighborhoods, where there's a growing demand for luxury properties among both wealthier locals and expatriates.
Urban planning documents have highlighted projects like the ‘Glass Road,’ which has been transformed into a modern urban boulevard. This development has set a new standard for future projects, making the area more appealing. Transportation studies also show reduced travel times, which is a big draw for both residents and businesses looking for convenience.
These infrastructure improvements are not just about roads; they are about creating a more connected and vibrant community. The changes are making the northern neighborhoods of Libreville a hot spot for real estate, with increased interest from potential buyers who are eager to take advantage of the enhanced accessibility and modern amenities.
As these projects continue to unfold, the northern parts of the city are expected to see even more growth and development, attracting a diverse mix of people and businesses. The ongoing improvements are a game-changer, reshaping the landscape of Libreville and offering exciting opportunities for those looking to invest in property.
Sources: Oxford Business Group, World Highways, Bechtel
8) Eco-friendly residential projects will become more popular with rising environmental awareness
Eco-friendly homes are gaining traction as people become more environmentally conscious.
In recent years, especially in 2023 and 2024, we've seen a surge in green construction projects. Take the Baie des Rois project in Libreville, Gabon, for example. This development is a prime illustration of how buildings can be designed to minimize their environmental footprint, using certifications like EDGE to ensure they are eco-friendly.
There's a growing demand for sustainable building materials, even if specific sales figures aren't available. Projects like Baie des Rois are increasingly using local materials and solar energy, indicating a burgeoning market for these eco-friendly options. Consumer surveys, such as the National Association of REALTORS 2024 Sustainability Report, reveal that nearly half of respondents are interested in sustainable living, showing a clear shift towards eco-friendly homes.
Green technologies are becoming more common in real estate developments. The Baie des Rois project, for instance, features solar panels and rainwater harvesting systems, aligning with Gabon's commitment to sustainable development. Government incentives, like the contract with Desiba Energy for a solar power plant, further emphasize the focus on clean energy.
These eco-friendly initiatives are not just about reducing carbon footprints; they also offer financial benefits. Homebuyers are increasingly attracted to properties that promise lower utility bills and a smaller environmental impact. This trend is particularly evident in regions where government policies support sustainable practices, making eco-friendly homes a smart investment.
As environmental awareness grows, the popularity of eco-friendly residential developments is expected to rise. This shift is not just a trend but a response to the increasing demand for sustainable living solutions. The Baie des Rois project is just one example of how the real estate market is adapting to these changes, setting a precedent for future developments.
Sources: FGIS Gabon, Afrik21, African Property Magazine
We made this infographic to show you how property prices in Gabon 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) Gabon’s interior regions will stay less appealing to investors due to limited infrastructure development
Investors find Gabon's interior regions less appealing due to limited infrastructure development.
One major issue is the lack of extensive road networks. While there's ongoing work on the road between Port-Gentil and Omboué, which includes building three large bridges, the project is expected to take five years, showing the slow pace of progress.
Public utilities in these areas are also underdeveloped. Historically, investment has focused on cities like Libreville, Port-Gentil, and Franceville, leaving the interior with inadequate water and electricity services, which turns investors away.
Government reports, like the World Bank's Gabon Economic Update 2024, highlight that public funds are often diverted to other priorities, such as the August 2023 elections, rather than infrastructure, further discouraging investment.
Businesses face higher logistical costs in these regions. The World Bank's Infrastructure Framework Report points out that expensive road works contribute to these costs, making it less attractive for businesses to set up shop.
Sources: Oxford Business Group, World Bank Overview, World Bank Infrastructure Framework Report
10) Infrastructure projects in Port-Gentil will improve connectivity and increase real estate demand
In Port-Gentil, new infrastructure projects are transforming the city.
The completion of the Port-Gentil-Omboué road and bridge in December 2020 has made a big difference. Travel times between Port-Gentil and other major cities have been slashed, which is a game-changer for the city known as Gabon’s petrochemical hub. This means businesses can run more efficiently, and people find it easier to commute, making Port-Gentil a more appealing place to live and work.
With these improvements, commercial activity in the area has noticeably increased. The Banio Potash project, which includes building a port and power plant, is set to further boost the economy by enhancing the region's export capabilities. This economic upswing is driving up property prices as more people and businesses want to set up shop in Port-Gentil.
For those considering buying property here, it's worth noting that the city is becoming a hotspot for investment. The infrastructure upgrades are not just about roads; they are about creating a more connected and economically vibrant city. This is attracting a diverse range of businesses and residents, eager to tap into the growing opportunities.
Insider tip: Port-Gentil's real estate market is on the rise, thanks to these developments. If you're looking to invest, now might be the time to get in before prices climb even higher. The city’s strategic location and improved connectivity make it a prime spot for future growth.
As the city continues to evolve, the demand for real estate is expected to keep climbing. The ongoing infrastructure projects are laying the groundwork for a thriving urban environment, making Port-Gentil an exciting place to watch in the coming years.
Sources: World Highways, China AidData, ICIS News
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.