Authored by the expert who managed and guided the team behind the Mauritania Property Pack
Everything you need to know before buying real estate is included in our Mauritania Property Pack
Why is Mauritania emerging as a compelling destination for property investment in 2025? Is it the untapped potential of its real estate market, the strategic location bridging North and West Africa, 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 Mauritania'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) You’ll find great growth potential in Mauritania’s less saturated real estate market
Mauritania's real estate market is a hidden gem with significant growth potential.
With a low population density of just 0.4 people per hectare, there's ample space for new housing and commercial projects. This means developers have a lot of room to create vibrant communities and business hubs.
Urbanization is on the rise, with 54.6% of the population living in cities in 2024, and this is expected to jump to 68.8% by 2043. As more people flock to urban areas for better jobs and lifestyles, the need for new homes and offices will skyrocket.
The Mauritanian government is rolling out the red carpet for foreign investors by implementing reforms to boost foreign direct investment. This creates a welcoming atmosphere for real estate ventures, making it easier for investors to dive in.
Compared to its neighbors, Mauritania offers relatively low property prices, making it a sweet spot for those seeking affordable investments. Even if prices rise slightly in 2025, the market remains attractive for savvy buyers.
In cities like Nouakchott and Nouadhibou, there's a shortage of modern housing and commercial spaces. This gap is a golden opportunity for developers to cater to the growing demand for contemporary living and working environments.
With a rising middle class eager for better living standards, the demand for properties with modern amenities is climbing. The lack of large-scale developments means less competition and more room for growth in this promising market.
Sources: ISS Africa, UNCTAD, Mauritania Real Estate Market
2) Mauritania’s economic reforms are making it a more stable place for investment
Mauritania's economic reforms are creating a more stable investment environment.
One clear sign of this stability is the rise in Foreign Direct Investment (FDI), which was 7.9645% of GDP in 2023. This trend is expected to hold steady through 2025, showing that international investors are gaining confidence in Mauritania's economic future. The country is becoming a more attractive place for investment, thanks to these positive changes.
The International Monetary Fund (IMF) has been a key player in this transformation. In 2024, the IMF wrapped up its Article IV Consultation with Mauritania, praising the country for its strong program performance and successful reforms in areas like fiscal sustainability and governance. These reforms are not just about numbers; they are reshaping the economic landscape, making it more appealing for investors.
Mauritania is also working hard to diversify its economy beyond just mining. By cutting down on tax exemptions and focusing on revenue mobilization, the government is freeing up resources for infrastructure and social projects. This shift is crucial for reducing reliance on extractive activities and promoting inclusive growth, which in turn supports a stable investment climate.
Transparency and anti-corruption efforts are also making a difference. Reforms in the financial sector, such as better banking supervision and stricter prudential norms, are strengthening the banking system and making finance more accessible. These steps are improving governance and transparency, making Mauritania a more attractive destination for investors.
All these efforts are part of a broader strategy to create a more stable and inviting environment for investment. The combination of economic reforms, diversification, and improved governance is transforming Mauritania into a promising investment hub.
Sources: IMF News, Trading Economics, IMF Publications
We have made this infographic to give you a quick and clear snapshot of the property market in Mauritania. 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) Mauritania’s Atlantic coast location is perfect for tourism development potential
Mauritania's spot on the Atlantic coast is a big plus for tourism.
Think of it as a bridge between North Africa and Sub-Saharan Africa, making it a breeze for travelers hopping between these regions. With Morocco and Senegal just around the corner, it's easy for tourists to add Mauritania to their itinerary. The country's natural and cultural gems, like the UNESCO-listed Ancient Ksour and Banc d’Arguin National Park, are must-sees for anyone interested in history and nature.
These sites showcase Mauritania's rich tapestry of culture and landscapes, attracting those who crave unique experiences. Plus, the weather is pretty friendly all year, so you can explore whenever you fancy. In recent years, tourist numbers have jumped from 1,500 in the 2017-2018 season to 4,000 in the 2018-2019 season, showing a growing interest in what the country has to offer.
The Mauritanian government is on the ball, investing in infrastructure like roads and internet to keep up with this growth. This, along with the rise in hotels and resorts along the coast, paints a promising picture for the future of tourism here. The strategic location on the Atlantic coast is not just about the view; it's about the potential for tourism development.
Sources: Tourism Review, Trade.gov, RJ Travel Agency
4) Mauritania’s natural resources could boost the economy and raise property values
Mauritania's natural resources are a major force behind its economic growth.
In recent years, the mining sector has seen substantial developments, making it a cornerstone of the economy. Mauritania is the second-largest producer of iron ore in Africa, and there's a plan to triple production by 2030. This boost is expected to significantly increase export revenues, which will contribute to the national GDP.
Gold and phosphate discoveries have also been game-changers. The Tasiast mine, a major gold producer, accounts for 37% of the country's exports, thanks to high global gold prices. Meanwhile, new phosphate deposits in southern Mauritania are expanding the country's mineral portfolio, drawing in foreign investment and ramping up economic activity.
Foreign investment is pouring into the mining sector, with projects like the Australian Aura Energy’s Uranium Tiris Project and licenses for rare earth elements exploration. These investments not only boost mineral output but also create jobs and stimulate local economies. The government is actively improving infrastructure and the regulatory environment, making Mauritania more appealing to investors.
For those considering property investment, these developments are promising. As the mining sector grows, so does the potential for increased property values, especially in areas near major projects. The influx of workers and businesses can lead to a demand for housing and commercial spaces.
With the government’s focus on enhancing infrastructure, areas around mining hubs are likely to see improvements, making them more attractive for property buyers. This could mean better roads, utilities, and services, which are key factors in property value appreciation.
Sources: Coface, African Mining, Trade.gov
5) With better transport networks, properties in the country are becoming more accessible
Mauritania is making it easier to access properties thanks to improved transportation networks.
The government is pouring resources into infrastructure, focusing on roads and telecommunications to boost sectors like energy and fishing. One standout project is the 38-kilometer road linking Nouakchott to the new N’Diago port. This road is a game-changer for local businesses, cutting down travel time and making it easier to move goods. Plus, the completion of a 4,000-kilometer fiber optic line is a big win for internet connectivity, which is crucial for modern living.
With these road projects, Mauritania's network now stretches over 11,000 kilometers, covering national, regional, and local routes. This expansion is not just about laying down asphalt; it's about making life easier for everyone. Better roads mean quicker commutes and more reliable connections, especially in bustling areas like Nouakchott.
Then there's the revamped Nouakchott International Airport, which opened its doors in 2023. The new Oumtounsy International Airport can handle larger planes and has ramped up its capacity for flights. Now, it services around 15 destinations in North Africa and Europe, making it a hub for both tourists and business travelers. This is a big deal for the local economy and property market.
These developments are not just about convenience; they're about opportunity. With better roads and a modern airport, Mauritania is positioning itself as a more attractive place to live and invest. The improved infrastructure is expected to boost tourism and economic growth, which in turn makes properties more appealing.
Sources: Mauritania - Market Opportunities - International Trade Administration, Mauritania New Nouakchott International Airport Successfully Commissioned, Mauritania Transport Policy Note
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6) With government backing urbanization, more people are looking for city properties
The government is actively pushing for urbanization in Mauritania, sparking a surge in demand for city properties.
In 2023, the urban population growth rate was 4.32%, and it's expected to be 3.8% in 2024. This steady increase means more people are flocking to urban areas, naturally boosting the demand for city properties. One major initiative driving this change is the Moudoun Project, which received a $66 million grant to improve urban infrastructure. This project aims to make cities more productive and resilient, focusing on eight cities in the south and benefiting both refugee and host communities.
Such investments in urban development clearly show the government's commitment to urbanization. In cities like Nouakchott and Nouadhibou, the real estate market is booming. People are moving to these cities for better job opportunities and living conditions, leading to a significant rise in housing demand and real estate prices. The government's policies to improve infrastructure, such as roads and schools, make urban areas more attractive, further driving the demand for city properties.
Nouakchott, the capital, is a prime example of this trend. With its growing job market and improved living conditions, it's becoming a magnet for those seeking better opportunities. The influx of people has led to a noticeable increase in housing demand, pushing real estate prices up. Similarly, Nouadhibou is experiencing a real estate boom, thanks to its strategic location and economic potential.
These cities are not just growing in population but also in infrastructure. The government's focus on enhancing urban areas with better roads, schools, and public services is making city living more appealing. This, in turn, is driving more people to consider moving to urban areas, further fueling the demand for city properties.
Sources: Trading Economics, World Bank, Mauritania Real Estate Market
7) Mauritania’s booming mining industry draws expats, increasing demand for housing
Mauritania's mining industry is booming, drawing in expatriates who need housing.
Thanks to foreign investments and government initiatives, the mining sector is more appealing to international investors. The African Development Bank, for instance, has stepped in with a $46.9 million loan to upgrade the mineral port of Nouadhibou, boosting export capabilities. These efforts have led to increased production and export numbers.
Iron ore is a big player here, with Mauritania producing 13 million tons in 2022, making it Africa’s second-largest producer. The country is ambitious, aiming to double this production by 2030. Gold is also on the rise, with companies like Kinross Gold Corporation making significant contributions. This growth has pushed the mining sector's share of GDP from 18% in 2021 to 24% in 2022.
The influx of expatriates in the mining industry is creating a surge in housing demand in mining regions. Real estate reports show a growing need for accommodation, and property investments in key areas like Nouadhibou are yielding significant returns. Expatriates are looking for quality infrastructure and amenities, which is further driving this demand.
Sources: Intellinews, Trade.gov, The Business Year
8) With better healthcare, the country is becoming more appealing for long-term living
Mauritania's healthcare system has seen remarkable improvements, making it a more appealing choice for those considering long-term living.
Thanks to increased government investment, the country is enhancing its healthcare infrastructure. The World Bank has backed a national program to boost health services, especially for maternal, child, and adolescent health. This initiative is all about strengthening primary healthcare and ensuring everyone has access, which is crucial for anyone planning to settle down here.
There's also been a noticeable rise in the number of healthcare facilities and hospitals. The quality score for health facilities jumped from 54% in 2021 to 61% in 2023. This means better care and more reliable medical services, a big plus for those eyeing a long-term stay.
Accessibility and affordability of healthcare have also improved. The national program is focused on making healthcare services better and more accessible, with a special emphasis on maternal, child, and adolescent health. By sending community health workers to remote areas, even the most isolated communities now have access to essential healthcare, making the country more attractive for long-term living.
For those considering a move, the improved healthcare system is a significant factor in making Mauritania a viable option. With better infrastructure and services, residents can expect a higher standard of care.
Sources: World Bank Press Release, Global Financing Facility, GFF Data Portal
We made this infographic to show you how property prices in Mauritania 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 the government's focus on education, there’s more demand for family homes near schools
The Mauritanian government is putting a strong emphasis on education, boosting the budget for education from 14% to 24% between 2019 and 2023.
This increase has allowed for the hiring of over 5,000 teachers and the construction of more than 800 classrooms, showing a clear commitment to improving educational facilities. With these improvements, families are increasingly looking for homes near schools to ensure their children have easy access to quality education.
In 2023, Mauritania's primary school enrollment rate hit 111.77%, surpassing the world average. This surge in enrollment reflects a growing demand for educational services, which is driving the need for family housing close to schools. Parents are eager to settle in areas where their children can benefit from these educational advancements.
The government introduced the National Education System Development Program (PNDSE III) for 2023-2030, aiming to extend basic education to nine years and generalize the last year of preschool by 2030. This initiative is expected to further increase the demand for housing near schools as families prioritize education for their children.
With these educational reforms, the real estate market is seeing a shift as more families seek properties near educational facilities. This trend is particularly noticeable in urban areas where new schools are being built.
As the government continues to invest in education, the demand for family housing near schools is likely to grow, making it a promising area for property investment.
Sources: UNESCO IIEP, Global Partnership for Education, The Global Economy, Trading Economics
10) Eco-conscious buyers are drawn to the government's investment in renewable energy
The government is making a strong push into renewable energy to attract eco-conscious buyers.
They're not just talking about it; there's a real commitment to fund and support these projects, as the IEA report highlights. This isn't just about going green; it's about showing that the country is serious about sustainability, which is a big draw for those who care about the environment.
What's interesting is that Mauritania is teaming up with international players like the African Development Bank. They're working on projects like the 10 GW Project Nour, aiming to produce a lot of green hydrogen by 2030. These partnerships are not just boosting renewable energy capacity but also putting the country on the map as a leader in sustainable development.
The government is also prioritizing policies that push for sustainable development through clean energy investments. This aligns with global goals and shows a real commitment to promoting sustainability. The increase in renewable energy capacity and production, along with ambitious future plans, really underscores this commitment.
For potential property buyers, this means investing in a country that's not only beautiful but also forward-thinking. The focus on renewable energy is a sign of a government that's looking to the future, making it an attractive option for those who value sustainability.
So, if you're considering buying property here, you're not just investing in a place; you're investing in a future that's aligned with global sustainability trends. It's a chance to be part of a community that's committed to making a positive impact on the planet.
Sources: IEA Report, Green Hydrogen Outlook, Africa's Clean Energy Future
11) Mauritania’s stable currency lowers your risk of losing money on investments
Mauritania's stable currency is a key factor in minimizing investment risks.
When a currency doesn't swing wildly against others, like the U.S. dollar, it offers predictability. The Mauritanian Ouguiya, for instance, only saw a slight dip of 0.74% against the dollar by September 2024. This kind of stability means investors can better forecast costs and returns, cutting down on uncertainty.
Inflation in Mauritania is another reassuring aspect. In 2023 and 2024, it hovered around 2.50%, and it's expected to stay low. This low inflation rate ensures that the purchasing power of money remains steady, which is great for investors. It means their returns won't be eaten away by rising prices, making investments more secure.
The Mauritanian government actively works to keep the currency stable. They step in to manage the foreign exchange market, ensuring the Ouguiya stays within a tight range against the U.S. dollar. This intervention shows a strong commitment to economic stability, adding another layer of security for investors.
For those considering property investment in the country, these factors are crucial. A stable currency and low inflation mean that your investment is less likely to lose value over time. Plus, the government's proactive stance on maintaining economic stability is a reassuring sign.
In short, Mauritania offers a promising environment for property investment, thanks to its stable currency and low inflation. These elements help reduce the risk of investment loss, making it an attractive option for potential buyers.
Sources: World Bank, Trading Economics, IMF
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.