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Everything you need to know before buying real estate is included in our Ivory Coast Property Pack
Ivory Coast's property market presents compelling opportunities for investors and residents, with Abidjan apartments averaging $2,092 per square meter as of September 2025.
Property prices have grown steadily at 3-7% annually over the past five years, supported by economic growth and infrastructure development. The market offers rental yields of 6-8% in prime areas, though transaction costs typically add 6-9% to property purchases.
If you want to go deeper, you can check our pack of documents related to the real estate market in Ivory Coast, based on reliable facts and data, not opinions or rumors.
Ivory Coast's property market offers steady growth potential with prices rising 3-7% annually, particularly in Abidjan where apartments average $2,092/m².
Prime neighborhoods like Cocody and Riviera deliver 6-8% rental yields, while emerging areas like Bingerville present growth opportunities at lower entry prices.
Location | Average Price/m² | Rental Yield | Growth Outlook |
---|---|---|---|
Abidjan Prime (Cocody, Riviera) | $2,510-$2,720 | 6-8% | Strong, 3-7% annually |
Abidjan Average | $2,092 | 5-7% | Steady, 3-6% annually |
Suburban Houses | $1,198-$1,233 | 4-6% | Moderate, 2-5% annually |
Bingerville (Emerging) | $1,400-$1,800 | 6-9% | High potential, 5-8% annually |
Coastal Towns | $1,000-$1,500 | 4-7% | Variable, 2-6% annually |
Secondary Cities | $1,200-$1,800 | 5-7% | Growing, 3-6% annually |
Land (Prime Areas) | $800-$1,200 | N/A | Development potential |

What are the current property prices per square meter in Abidjan and other major cities?
As of September 2025, apartments in Abidjan average XOF 1,604,395 per square meter, which translates to approximately $2,092 per square meter.
Prime districts including Cocody, Riviera, and Plateau command significantly higher prices, ranging from $2,510 to $2,720 per square meter. These areas represent a 20-30% premium over the city average due to their established infrastructure, expat community presence, and proximity to business centers.
Suburban houses outside central Abidjan are more affordable, typically priced between $1,198 and $1,233 per square meter. Secondary cities across Ivory Coast generally price slightly below Abidjan levels, though they're experiencing upward pressure due to urban migration and economic development.
Coastal areas and emerging towns show varied pricing depending on infrastructure development and accessibility, with most falling in the $1,000 to $1,500 per square meter range.
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How have property prices moved over the past 5 years and what's the forecast?
Ivory Coast property prices have demonstrated consistent growth of 3-7% annually over the past five years, with Abidjan and key coastal areas leading this appreciation trend.
This steady price growth reflects several underlying factors: sustained economic development, ongoing infrastructure projects, persistent housing shortages, and increasing urbanization. The government's continued investment in roads, utilities, and public services has supported property values across major cities.
Looking forward through 2030, analysts project continued appreciation at similar rates of 3-7% per year. This forecast assumes continued economic stability and infrastructure development, though growth may moderate if housing supply increases significantly to meet current demand gaps.
Prime Abidjan neighborhoods are expected to maintain stronger growth rates due to limited land availability and sustained expat demand, while emerging areas may experience higher volatility but potentially greater upside as development expands outward from city centers.
What are the total costs involved when buying property in Ivory Coast?
Total transaction costs when purchasing property in Ivory Coast typically amount to 6-9% of the property's purchase price, making them a significant factor in investment calculations.
The largest component is the transfer tax, which runs approximately 4.5% of the property value. Legal fees for title verification, contract preparation, and transaction oversight typically add another 1-2% of the purchase price.
Real estate agency commissions can reach up to 3% of the property value, though this varies based on property type and location. Additional costs may include property surveys, notary fees, and registration charges.
For a $150,000 apartment, buyers should budget an additional $9,000 to $13,500 for these transaction costs. These expenses are generally paid at closing and should be factored into initial budget planning.
What rental yields can investors realistically expect?
Area Type | Rental Yield Range | Tenant Profile | Vacancy Risk |
---|---|---|---|
Prime Expat Areas (Cocody, Plateau) | 6-8% | International executives, diplomatic staff | Low |
Abidjan Middle-Class Areas | 5-7% | Local professionals, small businesses | Moderate |
Emerging Suburbs (Bingerville) | 6-9% | Young professionals, growing families | Moderate |
Secondary Cities | 5-7% | Local workforce, government employees | Moderate to High |
Coastal Resort Areas | 4-7% | Seasonal tourists, weekend residents | High (seasonal) |
Student/University Areas | 7-10% | University students, young workers | High turnover |
How does rental demand compare across different neighborhood types?
Rental demand varies significantly across Ivory Coast's different neighborhood categories, with expat areas showing the strongest and most consistent demand patterns.
Established expat neighborhoods like Cocody, Riviera, and Plateau maintain the highest demand due to their proximity to international businesses, embassies, and quality amenities. These areas attract well-paid international tenants who can afford premium rents and typically sign longer-term leases.
Middle-class local areas demonstrate growing demand as Ivory Coast's economy expands and creates more professional opportunities. However, rental rates in these areas face pressure from affordability constraints and competition from homeownership programs.
Emerging suburbs are experiencing rapidly increasing demand as gentrification spreads outward and transportation infrastructure improves. Areas like Bingerville are particularly attractive to young professionals seeking modern amenities at more affordable prices than prime central locations.
Seasonal and tourist areas show variable demand patterns, with coastal properties experiencing strong rental activity during peak tourist seasons but facing challenges during off-peak periods.
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What are the resale prospects and typical timeframes for selling?
Property resale prospects in Ivory Coast vary dramatically by location, with prime urban properties offering the strongest liquidity and fastest transaction times.
In well-established expat neighborhoods such as Cocody, Riviera, and central Plateau, properties typically sell within 3 to 9 months when priced appropriately. These areas benefit from consistent buyer interest and established market values that facilitate pricing decisions.
Secondary cities and coastal resort areas present more challenging resale conditions, often requiring 12 to 18 months or longer to complete sales due to smaller buyer pools and less predictable market activity. Properties in these locations may need significant price adjustments to attract buyers.
Emerging suburban areas like Bingerville offer mixed prospects - well-located properties with good infrastructure access may sell relatively quickly, while those in less developed sections can face extended marketing periods.
Factors that improve resale prospects include clear legal title, modern construction standards, proximity to transportation and amenities, and competitive pricing relative to similar properties in the immediate area.
How do land prices compare with built properties and what are construction considerations?
Land prices in Ivory Coast are generally 30-50% lower than equivalent built properties on a per-square-meter basis, but developing raw land involves significant additional considerations beyond initial cost savings.
Construction timelines typically range from 12 to 36 months, depending on project complexity, permitting processes, and infrastructure availability. Buyers should budget for potential delays due to seasonal weather patterns, material availability, and bureaucratic processes.
Key risks in land development include unclear or disputed land titles, zoning restrictions that may limit intended use, and infrastructure costs for utilities, roads, and sewage systems. Legal due diligence is essential to verify ownership rights and development permissions.
Construction costs vary widely but generally range from $400 to $800 per square meter for standard residential building, with higher costs in areas requiring significant infrastructure development or specialized building techniques.
Many investors find that purchasing existing properties eliminates construction risks and allows immediate rental income generation, though well-located land in growth areas can offer superior long-term appreciation potential.
What financing options exist and what do borrowing costs look like?
Mortgage financing in Ivory Coast is available to both local residents and foreign buyers, though terms and requirements differ between these groups.
Most lenders require down payments of 20-30% of the property value, with some international buyers facing higher down payment requirements of 35-40%. Current variable interest rates range from 5.5% to 7%, depending on the lending institution, loan term, and borrower profile.
Loan terms typically extend from 10 to 20 years, with some premium lenders offering longer terms for qualified borrowers. Foreign buyers often need to demonstrate income sources, provide extensive documentation, and may face additional requirements such as local guarantors or insurance policies.
The mortgage market is developing but not as mature as in established economies, meaning loan availability can vary and processing times may extend several months. Alternative financing through developer payment plans or private lending arrangements may offer additional options for some buyers.
Interest rates are expected to remain relatively stable in the medium term, though they may fluctuate based on broader West African economic conditions and monetary policy changes.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Ivory Coast 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.
Which areas are currently undervalued or expected to grow fastest?
Several areas across Ivory Coast present compelling growth opportunities, with Bingerville leading the list of undervalued locations with strong medium-term potential.
Bingerville benefits from planned infrastructure improvements, proximity to Abidjan, and government initiatives to develop satellite cities. Property prices currently sit 20-30% below comparable Abidjan locations while offering similar amenities and growth prospects.
Northern towns including Yamoussoukro and Bouaké are experiencing increased investment due to government decentralization efforts and agricultural development programs. These areas offer lower entry prices but require longer investment horizons for significant appreciation.
Coastal towns along the Atlantic coast, particularly areas targeted for tourism development, show growth potential but face risks related to environmental factors and infrastructure limitations. San-Pédro and Grand-Bassam represent the most promising coastal opportunities.
Within Abidjan, emerging neighborhoods on the city's periphery offer growth potential as urban expansion continues, though buyers should carefully evaluate infrastructure development timelines and accessibility improvements.
What budget ranges make sense for different investment goals?
Budget requirements in Ivory Coast's property market vary significantly based on investment objectives and target locations.
For basic residence or entry-level investment, budgets starting from $80,000 to $150,000 can secure small apartments in Abidjan's mid-tier areas or emerging neighborhoods. These properties typically offer 1-2 bedrooms and basic amenities suitable for local rental markets.
Prime location investments require budgets of $120,000 to $250,000 for quality apartments in established expat areas like Cocody or Riviera. These properties command higher rental rates and offer stronger resale prospects but require larger initial capital commitments.
Luxury and high-end investments targeting affluent expats or executive housing start from $250,000 and can exceed $500,000 for premium penthouses or large townhouses in prime locations. These properties offer the highest rental yields and best liquidity but require substantial capital and ongoing maintenance investments.
Land development projects can begin with smaller budgets of $50,000 to $100,000 for well-located plots, but total development costs including construction typically require $150,000 to $300,000 or more depending on project scope and finishing standards.
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What legal restrictions exist for foreign property buyers?
Foreign nationals can generally purchase property in Ivory Coast, but several important legal considerations and potential restrictions apply depending on property type and intended use.
Residential and commercial property purchases in urban areas face minimal restrictions for foreigners, though buyers must ensure proper legal documentation and title verification. The process requires working with qualified local legal counsel to navigate registration requirements and verify ownership rights.
Rural and agricultural land purchases may involve additional complexity and potential restrictions, particularly for large holdings or land intended for agricultural exploitation. Some areas may require special permits or have limitations on foreign ownership percentages.
Legal due diligence is essential in all transactions, as title disputes and unclear ownership records can create significant problems. Buyers should verify that properties have clear, transferable titles and that all taxes and fees have been properly paid by previous owners.
Foreign buyers should also consider their long-term exit strategy, as some ownership structures may affect future sale flexibility or tax implications. Professional legal and tax advice is recommended before making substantial property commitments.
Where should you look and what's a realistic entry budget for 2025?
For buyers looking to enter Ivory Coast's property market in 2025, specific location and property type recommendations depend on individual goals and risk tolerance.
Conservative investors seeking steady rental income and strong resale prospects should focus on established expat neighborhoods in Abidjan, specifically Cocody, Riviera, or Plateau areas. Entry budgets of $120,000 to $200,000 can secure quality 1-2 bedroom apartments with strong tenant demand.
Growth-oriented investors willing to accept moderate additional risk should consider emerging areas like Bingerville or well-positioned suburban locations. These areas offer entry points from $90,000 to $150,000 for new-build apartments with higher appreciation potential.
Opportunistic investors with higher risk tolerance might explore coastal towns or secondary cities where entry budgets from $80,000 can secure properties with significant upside potential, though liquidity and rental demand may be less predictable.
Apartments generally offer the best combination of liquidity, rental demand, and management simplicity, making them suitable for most investors. Land purchases require higher risk tolerance and longer investment timelines but can deliver superior returns for experienced investors with local market knowledge.
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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.
Ivory Coast's property market offers compelling opportunities for both investors and residents, with steady price growth, attractive rental yields, and developing infrastructure creating favorable conditions for property investment.
Success in this market requires careful location selection, proper legal due diligence, and realistic budget planning that accounts for transaction costs and local market dynamics.