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Yes, the analysis of Nouakchott's property market is included in our pack
Thinking about buying a 3-bedroom apartment in Tevragh Zeina? It’s a great area, 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 in Nouakchott 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 Nouakchott Property Pack.
Will property prices increase in Nouakchott in 2025?
No, property prices in Nouakchott are not expected to rise significantly in 2025, due to a combination of economic challenges and market conditions.
Backed by our fresh, in-depth market analysis, we’re cautious about the property market in Nouakchott, as several factors are likely to keep prices from rising.
While there are some positive developments, the overall economic environment and market dynamics suggest a more stagnant or declining trend in property prices.
Signals pointing to a property price increase in Nouakchott
Here are some factors suggesting prices could increase:
The government is planning to invest in infrastructure projects, which could improve accessibility and attractiveness of certain areas, potentially boosting property values in those regions.
There is a growing interest from international investors looking for opportunities in emerging markets, which could lead to increased demand for properties in Nouakchott.
Efforts to improve urban planning and development in Nouakchott may enhance the living conditions and appeal of the city, potentially driving up property prices in the long term.
Signals pointing to a property price decrease in Nouakchott
Here are some factors suggesting prices could fall:
The local economy is facing significant challenges, including high unemployment rates and inflation, which are likely to suppress demand for property purchases.
There is an oversupply of properties in certain areas of Nouakchott, which could lead to a decrease in property prices as sellers compete to attract buyers.
Political instability and uncertainty in the region may deter potential buyers and investors, leading to reduced demand and downward pressure on property prices.
Limited access to affordable financing options for potential buyers is likely to constrain the ability of many to purchase properties, reducing overall market demand.
The cost of construction materials has been rising, which could slow down new developments and lead to a stagnation in the property market.
A lack of comprehensive property market data and transparency may discourage investment, as buyers and investors are unable to make informed decisions.
Environmental challenges, such as flooding and desertification, pose risks to property values in certain areas, potentially leading to a decrease in prices.
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If property prices go up in Nouakchott, how much would they increase by?
If real estate prices in Nouakchott 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 Nouakchott appreciates by approximately 3% to 7% annually, influenced by factors such as economic growth, urban development, and demand for housing.
It means that, if you spot a charming 2-bedroom apartment in Tevragh-Zeina for 10,000,000 MRO today, don't be surprised if it's priced between 10,300,000 and 10,700,000 MRO this time next year.
To give you a better understanding, here is a table that shows 7 types of Nouakchott 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 (MRO) | Price in 2025 (3% increase) | Price in 2025 (5% increase) | Price in 2025 (7% increase) |
---|---|---|---|---|
Traditional House (100 sqm / 1,076 sqft) | 12,000,000 MRO | 12,360,000 MRO | 12,600,000 MRO | 12,840,000 MRO |
Modern Apartment (75 sqm / 807 sqft) | 8,000,000 MRO | 8,240,000 MRO | 8,400,000 MRO | 8,560,000 MRO |
Luxury Villa (200 sqm / 2,153 sqft) | 25,000,000 MRO | 25,750,000 MRO | 26,250,000 MRO | 26,750,000 MRO |
Studio (30 sqm / 323 sqft) | 3,000,000 MRO | 3,090,000 MRO | 3,150,000 MRO | 3,210,000 MRO |
Loft (80 sqm / 861 sqft) | 10,000,000 MRO | 10,300,000 MRO | 10,500,000 MRO | 10,700,000 MRO |
Townhouse (150 sqm / 1,615 sqft) | 18,000,000 MRO | 18,540,000 MRO | 18,900,000 MRO | 19,260,000 MRO |
Investment Property (50 sqm / 538 sqft) | 5,000,000 MRO | 5,150,000 MRO | 5,250,000 MRO | 5,350,000 MRO |
Everything you need to know is included in our Property Pack for Nouakchott
If real estate prices go up in Nouakchott, which areas are likely to see the biggest increases?
Today, people who want to move to Nouakchott are looking for a blend of traditional charm and modern amenities, which Tevragh-Zeina offers. Hence, we could see a price increase there in 2025.
Additionally, there's been a growing interest in more dynamic and youthful neighborhoods, and Ksar has really started to gain attention.
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 Nouakchott market.
Neighborhood | Level of Increase | Why |
---|---|---|
Tevragh-Zeina | High | Recent development of upscale housing projects and its increasing appeal to international investors as travel normalizes post-pandemic, driving demand. |
Ksar | High | Expected rise due to limited housing stock, upcoming infrastructure improvements, and growing demand for prime properties in central Nouakchott. |
Sebkha | Medium-High | Ongoing urban development and new transport links, along with several planned redevelopment projects in the area, are likely to push prices higher. |
Arafat | Medium | The shift towards more residential areas is driving demand for properties, combined with new community-focused developments. |
El Mina | Medium-High | Eco-friendly urban projects and recent construction of new schools and parks are increasing its attractiveness for families, pushing prices upward. |
Dar Naim | Medium | Investment in local infrastructure, such as road improvements and renovation of public spaces, is boosting long-term value. |
Toujounine | Medium-High | With new cultural and commercial spaces being developed, this emerging neighborhood is seeing increased demand from both residents and investors. |
Teyarett | High | Upcoming large-scale urban regeneration projects and improved public transport access are expected to make this area more desirable. |
Riyadh | Medium-High | Its proximity to central Nouakchott, along with new office and residential developments, makes it increasingly attractive to professionals seeking more space. |
Tafragh Zeina | Medium | Gentrification and cultural regeneration projects are attracting new residents, leading to rising prices as the area becomes more fashionable. |
Nouakchott Nord | High | As new luxury developments are launched, demand for premium housing among wealthy buyers is expected to further increase property values. |
Nouakchott Ouest | High | Upcoming restoration of key landmarks and high-profile cultural projects are driving a renewed focus on this central, historic location. |
-The best areas to buy a property in Nouakchott
If I'm looking to invest in real estate, what types of properties should I focus on for the best value appreciation in Nouakchott?
In 2025, Nouakchott real estate trends focus on modern, climate-resilient homes, spacious family residences, properties with outdoor amenities, and sustainable buildings—all driving higher demand and prices. Here is a summary.
- Modern and Climate-Resilient Homes:
With increasing awareness of climate change, homes equipped with features to withstand extreme weather conditions are in demand. These properties appeal to both local and international buyers looking for long-term investments.
- Spacious Family Residences:
As Nouakchott continues to grow, there is a rising demand for larger homes that can accommodate families. Areas with access to schools and community facilities are particularly attractive, driving up property values.
- Properties with Outdoor Amenities:
In Nouakchott, where outdoor living is a significant part of the lifestyle, properties with gardens, courtyards, or terraces are highly sought after. These features enhance the living experience and are likely to increase property values.
- Sustainable Buildings with Eco-Friendly Features:
As sustainability becomes a priority, there is a growing interest in buildings that incorporate eco-friendly materials and energy-efficient systems. These properties align with global green initiatives and are expected to appreciate in value.
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