Should you buy property in Mauritania now?

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

Who is the author of this content?

THE AFRICANVESTOR

A team specialized in real estate investing in African countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Mauritania. If you'd like to learn more about us, you can check our presentation page.

How this content was created 🔎📝

At TheAfricanvestor, we explore the Mauritanian real estate market every day. Our team doesn't just analyze data from a distance—we're actively engaging with local realtors, investors, and property managers in cities like Nouakchott, Nouadhibou, and Zouerate. This hands-on approach allows us to gain a deep understanding of the market from the inside out.

These observations are originally based on what we've learned through these conversations and our observations. But it was not enough. To back them up, we also needed to rely on trusted resources

We prioritize accuracy and authority. Trends lacking solid data or expert validation were excluded.

Trustworthiness is central to our work. Every source and citation is clearly listed, ensuring transparency. A writing AI-powered tool was used solely to refine readability and engagement.

To make the information accessible, our team designed custom infographics that clarify key points. We hope you will like them! All illustrations and media were created in-house and added manually.

What are current property prices in Mauritania by city and region?

Mauritanian property prices vary significantly between urban centers and outlying areas as of September 2025.

In Nouakchott's city center, residential properties average 135,647 MRU per square meter ($3,427 USD), making it the most expensive area in the country. Outside the capital's center, prices drop considerably to 45,807 MRU per square meter ($1,157 USD), offering more affordable entry points for investors and residents.

Nouadhibou, the country's second-largest city, shows strong pricing driven by port expansion and industrial development. Mining towns like Zouerate experience price volatility tied to commodity cycles, but generally maintain steady demand due to resource extraction activities. Development land in urbanizing areas typically costs 95-100 USD per square meter.

Regional price differences reflect infrastructure development, job opportunities, and urban amenities. The capital commands premium pricing due to government services, business centers, and better utilities, while coastal and mining areas offer growth potential at more accessible price points.

It's something we develop in our Mauritania property pack.

How have property prices changed over the past 12 months?

Mauritanian urban property markets have shown consistent growth throughout 2024 and into 2025.

Nouakchott and Nouadhibou experienced 5-8% price increases in 2024, with growth continuing at 2-4% annually in 2025. This represents moderate but steady appreciation in the country's primary urban centers.

The growth has been primarily driven by urbanization trends, with rural populations moving to cities for employment opportunities. Mining sector development and infrastructure projects have supported demand, particularly in Nouadhibou where port expansion activities boost both residential and commercial property values.

Price increases have been most pronounced in prime urban districts, while peripheral areas show more modest growth. The 12-month trend indicates sustainable development rather than speculative bubbles, supported by genuine housing demand and economic activity.

Currency stability and controlled inflation have helped maintain real price growth, making the recent appreciation meaningful for property owners and investors.

What are the medium-term price trends from the past 3-5 years?

Mauritania's property market has demonstrated remarkable consistency over the medium term, with annual price increases ranging 5-8% in key urban areas.

Over the past decade, residential property values have increased by 41% in nominal terms, indicating steady growth supported by fundamental economic drivers. This translates to approximately 3.6% annual compound growth, which outpaces inflation and provides real returns for property owners.

The growth patterns show urbanization and mining sector development as primary catalysts. Cities like Nouakchott have benefited from government investment and population growth, while Nouadhibou has seen infrastructure-driven appreciation tied to port and industrial development.

Mining towns experience more cyclical patterns, with prices rising during commodity booms and stabilizing during downturns. However, the overall trend remains positive due to Mauritania's mineral wealth and ongoing extraction projects.

These medium-term trends suggest a maturing market with sustainable growth rates, avoiding both stagnation and excessive speculation.

What are the long-term forecasts for property values over the next decade?

Property value forecasts for Mauritania through 2035 indicate continued moderate growth, with annual appreciation projected at 2-4% in urban areas.

The forecast is based on ongoing urbanization trends, infrastructure development projects, and mining sector expansion. Nouakchott and Nouadhibou are expected to lead growth, supported by government investment and private sector development.

However, several factors may moderate faster appreciation. High mortgage interest rates of 16-17% limit financing accessibility, potentially constraining demand growth. Economic uncertainties related to global commodity prices and political stability also influence long-term projections.

Infrastructure projects including road development, utility improvements, and port expansions should support property values, particularly in areas benefiting from improved connectivity and services. Mining sector investments may drive appreciation in resource-rich regions, though with higher volatility.

The 2-4% annual growth projection reflects realistic expectations based on economic fundamentals while acknowledging potential challenges in the emerging market context.

How do residential properties compare to commercial and land investments?

Investment returns and risk profiles vary significantly across Mauritanian property types, with commercial properties offering higher yields but greater complexity.

Property Type	Typical Gross Yield (%)	Risk Level	Liquidity	Entry Requirements
Residential (Urban)	1.7-3.2	Low-Moderate	Moderate-High	$50,000-200,000
Commercial (Well-located)	5-10	Moderate-High	Moderate	$100,000+
Development Land	N/A (Capital gains)	High	Low	$20,000+
Mining Area Land	N/A (Capital gains)	Very High	Low	$10,000+
Agricultural Land	2-4	Moderate	Low	$5,000+

Which areas in Mauritania are seeing the most growth and demand?

Specific districts within major cities are driving Mauritania's property market growth, with infrastructure development creating clear winners.

1. **Nouakchott's Prime Districts** - Tevragh Zeina, Ksar, and Arafat neighborhoods show 6-8% annual appreciation, benefiting from government proximity and business activity2. **Nouadhibou Port Areas** - Properties near port expansion projects experience 5-7% annual growth due to industrial development and job creation3. **Mining Corridor Towns** - Zouerate and surrounding areas see commodity-driven demand, with high volatility but strong growth during mining booms4. **New Infrastructure Zones** - Areas along planned road networks and utility expansions offer speculative opportunities with high potential returns5. **University Districts** - Educational institution areas in Nouakchott maintain steady demand from students and faculty, providing rental income stability

What types of properties offer the best value currently?

Property value depends on investment objectives, with different types serving distinct strategies in the Mauritanian market.

Urban apartments provide the best combination of liquidity and steady demand, particularly in Nouakchott's outer districts where yields reach 3.2%. These properties offer easier resale and management compared to other asset types.

Commercial properties in well-chosen locations can deliver 5-10% gross yields, significantly higher than residential options. However, they require market expertise and carry additional complexity in tenant management and property maintenance.

Development land near infrastructure projects offers potential for substantial appreciation but requires longer investment horizons and higher risk tolerance. Properties positioned along planned transportation corridors or near expanding industrial areas show the strongest growth potential.

For conservative investors, apartments outside city centers provide reasonable yields with moderate appreciation potential. For higher returns with increased risk, commercial properties and strategic land purchases offer better financial outcomes.

It's something we develop in our Mauritania property pack.

What rental yields can you expect across different regions and property types?

Rental yields in Mauritania reflect the country's developing market status, with significant variations between locations and property types.

Nouakchott city center apartments typically yield 1.7-1.8% gross annually, with a high price-to-rent ratio of 56.86 indicating expensive properties relative to rental income potential. Outside the city center, yields improve to approximately 3.2% with a more favorable price-to-rent ratio of 31.4.

Nationwide, residential properties generally produce 0.8-3.5% gross yields, with higher returns available in secondary cities and towns. Commercial properties can achieve 5-10% yields in prime locations with strong tenant demand.

The relatively low yields reflect high property purchase prices compared to local rental rates, typical of emerging markets where capital appreciation often exceeds rental income generation. Investors should factor in potential currency appreciation and market development when evaluating total returns.

Regional variations depend on local employment opportunities, population density, and infrastructure quality, with mining towns and port areas offering higher yields due to worker accommodation demand.

We did some research and made this infographic to help you quickly compare rental yields of the major cities in Mauritania 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.

How liquid is the Mauritanian property market?

Property liquidity in Mauritania varies significantly by location and property type, with urban centers offering the fastest transaction times.

City center apartments in Nouakchott typically resell within 2-6 months if priced competitively, representing the most liquid segment of the market. Prime districts benefit from consistent buyer demand and established transaction processes.

Properties outside main urban areas face longer sale periods and may require 10-20% discounts for quick sales. Peripheral locations, rural properties, and specialized assets like mining-area land can take 12+ months to sell at full market value.

The discount required for rapid sales ranges from 5-10% in prime urban locations to 15-25% in secondary markets. Buyers in Mauritania often expect negotiation room, making initial pricing strategy crucial for acceptable sale timelines.

Commercial properties and land investments generally show lower liquidity than residential assets, requiring specialized buyers and potentially longer marketing periods. Market infrastructure improvements and growing investor interest are gradually enhancing overall liquidity conditions.

What entry budget makes sense for different property investment goals?

Budget requirements in Mauritania vary significantly based on investment objectives and target property types.

1. **Living/Primary Residence** - Budget $50,000-60,000 USD for basic urban apartment, $100,000+ for prime locations with modern amenities2. **Rental Investment** - Start with $50,000 USD for outer-city apartments offering 3%+ yields, scale up based on desired cash flow3. **Commercial Investment** - Minimum $100,000 USD for viable commercial properties, often requiring $200,000+ for prime business locations4. **Land Speculation** - Entry possible from $10,000 USD for small parcels, though $25,000+ provides better location options5. **Portfolio Building** - $150,000+ enables diversified approach across property types and locations for risk management

What are the key risks that could impact property values?

Mauritanian property investment carries several categories of risk that potential buyers must carefully evaluate.

Economic risks center on the country's dependence on extractive industries, making property values vulnerable to global commodity price fluctuations. Inflation volatility and currency instability can affect real returns, while limited mortgage market development constrains buyer financing options.

Political risks include bureaucratic inefficiencies, potential economic reforms affecting property rights, and policy changes regarding foreign ownership. Government stability and regulatory consistency impact long-term investment security.

Legal challenges encompass complex title deed processes, corruption in land administration, and unclear foreign ownership regulations. Due diligence requirements are more extensive than in developed markets, requiring local legal expertise.

Infrastructure dependency creates both opportunities and risks, as property values closely correlate with planned and actual delivery of roads, utilities, and public services. Project delays or cancellations can significantly impact anticipated appreciation.

It's something we develop in our Mauritania property pack.

Where should you position yourself in Mauritania's property market right now?

Optimal positioning in Mauritania's property market depends on risk tolerance, investment timeline, and financial objectives.

Conservative investors should focus on established apartments in Nouakchott's outer districts, offering 3%+ yields with reasonable liquidity and growth potential. These properties provide steady rental income while benefiting from urbanization trends.

Growth-oriented investors should target prime districts in Nouakchott (Tevragh Zeina, Ksar, Arafat) or commercial properties in Nouadhibou near port developments. These locations offer higher appreciation potential, supported by infrastructure investment and economic activity.

Speculative investors with longer time horizons may consider development land along planned infrastructure corridors or in mining areas, accepting higher risk for potentially substantial returns. However, these investments require extensive local market knowledge and legal due diligence.

For living purposes, prioritize locations with established utilities, transportation access, and community amenities. Budget $50,000-100,000 USD for suitable options, with higher amounts securing better locations and property conditions.

Regardless of strategy, always engage qualified local professionals for legal review, title verification, and market analysis before committing to any Mauritanian property transaction.

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.

Sources

1. TheAfricanvestor - Mauritania Price Forecasts
2. TheAfricanvestor - Mauritania Real Estate Market
3. Global Property Guide - Mauritania 10-Year Price Changes
4. Numbeo - Nouakchott Property Investment Data
5. TheAfricanvestor - Mauritania Investment Areas
6. TheAfricanvestor - Mauritania Real Estate Forecasts
7. IMF - Mauritania Economic Assessment
8. TheAfricanvestor - Buying Property in Mauritania
9. SBNRI - Commercial vs Residential Investment
10. Crown Development - Investment Property Comparison