Buying real estate in Ivory Coast?

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Will real estate prices in Ivory Coast go up in 2025?

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Everything you need to know before buying real estate is included in our Ivory Coast Property Pack

Thinking about buying a 3-bedroom apartment in Abidjan? It’s a vibrant city, but you're probably wondering: is now the right time to buy, or should you wait for prices to drop?

And what about long-term investment—should you look into other neighborhoods like Cocody or Marcory where property values might appreciate more over time?

In this article, we’ll answer these questions. We know this market quite well - and we have put all our knowledge in the Ivory Coast Property Pack.

Will property prices increase in Ivory Coast in 2025?

Yes, property prices in Ivory Coast are expected to rise in 2025, driven by a combination of economic growth and urban development.

Backed by our fresh, in-depth market analysis, we’re confident that Ivory Coast remains an attractive market for both domestic and international investors.

While there are challenges such as political uncertainties and infrastructure issues, the main drivers behind the country's property price growth are strong and persistent.

Rapid urbanization and a growing middle class continue to fuel demand, making significant price drops unlikely. Additionally, Ivory Coast's strategic position as a regional economic hub attracts ongoing investment.

Signals pointing to a property price increase in Ivory Coast

Here are some factors suggesting prices could increase:

The government’s continued investment in infrastructure projects, such as roads and public transportation, is expected to enhance connectivity and accessibility, thereby increasing property values in urban and suburban areas.

Ivory Coast's economy is projected to grow steadily, driven by sectors like agriculture, mining, and services, which will likely boost disposable incomes and increase demand for housing.

The urban population is expanding rapidly, with more people moving to cities in search of better opportunities. This urbanization trend is expected to sustain high demand for residential properties.

Foreign direct investment in the real estate sector is on the rise, with international developers showing interest in the market, which could lead to increased property development and higher prices.

The government is implementing policies to improve the business environment, which could attract more investors and stimulate the real estate market.

A growing middle class with increasing purchasing power is likely to drive demand for quality housing, pushing property prices upward.

The tourism sector is expanding, leading to increased demand for hospitality-related real estate, which can have a positive spillover effect on residential property prices.

Signals pointing to a property price decrease in Ivory Coast

Here are some factors suggesting prices could fall:

Political instability and uncertainties could deter investment and negatively impact the real estate market, leading to potential price stagnation or declines.

Infrastructure challenges, such as inadequate utilities and transportation networks, may limit the attractiveness of certain areas, affecting property values negatively.

High inflation rates could erode purchasing power, making it more difficult for potential buyers to afford property, which could dampen demand and slow price growth.

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If property prices go up in Ivory Coast, how much would they increase by?

If real estate prices in Ivory Coast were to rise in 2025, the increase would likely be around 3% to 7% of their 2024 values.

Typically, real estate in emerging markets like Ivory Coast appreciates by approximately 3% to 7% annually over the long term. However, fluctuations can occur depending on factors such as region, season, and property type.

It means that, if you spot a lovely 2-bedroom apartment in Abidjan for 50,000,000 CFA francs today, don't be surprised if it's priced between 51,500,000 and 53,500,000 CFA francs this time next year.

To give you a better understanding, here is a table that shows 7 types of Ivorian real estate properties, their estimated prices in 2024, and projections for 2025 based on potential price increases of 3%, 5%, and 7%.

Type of Property Average Price in 2024 (CFA) Price in 2025 (3% increase) Price in 2025 (5% increase) Price in 2025 (7% increase)
Apartment (60 sqm / 646 sqft) 30,000,000 30,900,000 31,500,000 32,100,000
Modern Apartment (75 sqm / 807 sqft) 40,000,000 41,200,000 42,000,000 42,800,000
Luxury Penthouse (100 sqm / 1,076 sqft) 100,000,000 103,000,000 105,000,000 107,000,000
Studio (30 sqm / 323 sqft) 15,000,000 15,450,000 15,750,000 16,050,000
Loft (80 sqm / 861 sqft) 50,000,000 51,500,000 52,500,000 53,500,000
Townhouse (150 sqm / 1,615 sqft) 120,000,000 123,600,000 126,000,000 128,400,000
Investment Property (50 sqm / 538 sqft) 25,000,000 25,750,000 26,250,000 26,750,000

Everything you need to know is included in our Property Pack for Ivory Coast

If real estate prices go up in Ivory Coast, which areas are likely to see the biggest increases?

Today, people who want to move to Ivory Coast are looking for a blend of traditional charm and modern amenities, which Abidjan's Cocody offers. Hence, we could see a price increase there in 2025.

Also, lately, there's been a shift toward more youthful, vibrant neighborhoods, and Marcory has really taken off.

We like it when information is clear and easy to digest. So, here’s a table that highlights the areas where prices might rise the most, along with the reasons behind those expected increases. It’s very high-level. If you want more details on a specific area, please check our real estate pack tailored to the Ivorian market.

Neighborhood Level of Increase Why
Cocody High Recent development of luxury housing projects and its increasing appeal to international buyers as travel normalizes post-pandemic, driving demand.
Plateau High Expected rise due to limited housing stock, upcoming renovations to commercial buildings, and growing demand for prime properties in central Abidjan.
Marcory Medium-High Ongoing gentrification and new transport links, along with several planned redevelopment projects in the area, are likely to push prices higher.
Treichville Medium The shift towards hybrid workspaces is driving demand for residential properties near business districts, combined with new mixed-use developments.
Yopougon Medium-High Eco-friendly urban projects and recent construction of new schools and parks are increasing its attractiveness for families, pushing prices upward.
Abobo Medium Investment in local infrastructure, such as the extension of tram lines and renovation of historic areas, is boosting long-term value.
Bingerville Medium-High With new cultural and commercial spaces being developed, this trendy neighborhood is seeing increased demand from both residents and investors.
Riviera High Upcoming large-scale urban regeneration projects and improved public transport access are expected to make this area more desirable.
Grand-Bassam Medium-High Its proximity to Abidjan, along with new office and residential developments, makes it increasingly attractive to professionals seeking more space.
Adjame Medium Gentrification and cultural regeneration projects are attracting new residents, leading to rising prices as the area becomes more fashionable.
Assinie High As new luxury developments are launched, demand for premium housing among wealthy buyers is expected to further increase property values.
Bouaké High Upcoming restoration of historic sites and high-profile cultural projects are driving a renewed focus on this central, historic location.

If I'm looking to invest in real estate, what types of properties should I focus on for the best value appreciation in Ivory Coast?

In 2025, Ivory Coast real estate trends focus on tech-smart, energy-efficient apartments, larger suburban homes for families, properties with outdoor spaces, and eco-friendly buildings—all driving higher demand and prices. Here is a summary.

  • Tech-Equipped and Energy-Efficient Apartments:

    Driven by remote work and sustainability trends, these homes offer smart technology features and energy-saving systems. They cater to young professionals and tech workers, making them a hot commodity in 2025, especially in urban areas like Abidjan.

  • Family-Sized Homes in Suburban Areas:

    With a growing demand for larger living spaces, especially among families, suburban areas near Abidjan and other major cities are seeing increased interest. Proximity to green spaces and schools is a major factor driving value.

  • Properties with Outdoor Spaces:

    Post-pandemic, outdoor spaces like terraces, balconies, or gardens have become highly desirable. In bustling cities like Abidjan, these features offer a much-needed escape and are likely to drive up property values.

  • Eco-Friendly Buildings with Low Carbon Footprints:

    Ivory Coast's commitment to sustainability is boosting demand for eco-certified buildings. Buyers are increasingly valuing properties that align with the country's green goals, leading to price appreciation in this category.

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