Things To Consider Before Buying A Gambia Property

6th February 2024
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Invest in Paradise - Why Gambia Property is a Lucrative Investment for Buyers

With its picturesque beaches, vibrant culture and year-round sunny climate, it's no wonder The Gambia is an increasingly popular destination for holidaymakers and those looking to retire abroad or buy a second home. But beyond its obvious appeal as a tropical paradise, The Gambia real estate also presents exciting opportunities for investors and home buyers.

Affordability Compared to Europe and North America for Gambian Properties

Property prices in The Gambia are still extremely reasonable compared to Europe and North America, making it an affordable destination for buyers and investors alike. However, as more expatriates and foreign investors continue discovering this African hidden gem, both land and residential property values across popular areas like Banjul, Kololi, Fajara, Brufut and Bakau are rising steadily year on year.

Experts like the team at Blue Ocean Properties predict continued capital appreciation between 10-20% per year in the Gambian property market over the coming years - far outpacing returns found in most Western property markets. So those looking to purchase either a holiday home, rental investment property or even land to develop in The Gambia stand to benefit from solid upside potential as the market grows more in demand.

Strong Potential for Capital Growth in the Gambia Real Estate Market

With tourist arrivals increasing and infrastructure improving, Gambian property values are likely to keep rising in the coming years. Buying now as a home buyer means taking advantage of lower entry prices. As development progresses, early investors stand to gain excellent upside from rising property valuations.

Excellent Rental Income Prospects for Gambian Properties

At Blue Ocean Properties, we understand that the vibrant tourism industry and the influx of expatriates mean strong rental demand all year round in the Gambia. Investors can generate excellent rental yields from both long and short-term rentals to tourists and resident expats. New flights from Europe opening up means tourism and demand will continue increasing.

Residency Options and Ideal Lifestyle Appeal

Owning property in the Gambia may open up pathways to attaining permanent Gambian residency or even full citizenship. Beyond investment returns, this provides access to an affordable tropical haven blessed with relative political stability and low crime rates compared to other African nations.

For those Europeans and North Americans looking to retire early or buy an idyllic second home, The Gambia ticks all the boxes. Miles of pristine palm-fringed beaches, friendly English-speaking locals, an exceptionally low cost of living and year-round sun-kissed weather averaging 28°C make it an absolute dream destination.

Trusted Local Expertise is Key for Buying Gambian Property

If you’re sold on the benefits of investing or buying a home in Gambian real estate, it’s essential to work with a reputable local agency like Blue Ocean Properties. With over 10 years of experience in the Gambian property market, we have unmatched local knowledge and a portfolio of exclusive properties for sale. Our experienced agents will guide you through every step of the purchasing process.


Is Gambia a good place to invest?

Yes, Gambia is considered an excellent place to invest in real estate. Property prices are still relatively low compared to Europe and North America but are rising steadily each year. Experts estimate annual capital appreciation between 10-20%. Rental yields are also strong due to tourism. Gambia’s stability and residency incentives add to the overall appeal.

Can I get a mortgage in The Gambia?

Foreigners can obtain mortgages from some Gambian banks, but often a 50% or higher downpayment is required. Interest rates are usually higher than in Europe or North America. Working with an established local agency like Blue Ocean Properties can help navigate Gambian mortgage options.

How long can you own land in Gambia?

There are freehold and leasehold titles available in Gambia. With freehold, you own the land indefinitely. Leasehold titles can range from 21 years up to 99 years. Foreigners are restricted to residential leasehold titles only, capped at 21 years currently. At Blue Ocean Properties, our agents can advise on land ownership terms.

Why Blue Ocean Properties?

We at Blue Ocean Properties believe that a harmonious work environment is critical for success. That’s why we maintain a full-time team of well-trained Gambian real estate professionals who continuously strive to provide top-quality services to all our clients. Our highly skilled staff are dedicated to the services we offer and work towards developing the Blue Ocean Properties brand.

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