Financial Preparation

• Determine your total investment budget (property + transaction costs + reserves)
• Establish a currency exchange strategy (CFA franc is pegged to Euro)
• Research EUR/USD or EUR/CAD exchange rates for favorable timing
• Set up international wire transfer capabilities with your home bank
• Consider opening a local bank account (requires visit to Senegal)
• Evaluate tax implications in both Senegal and your home country
• Arrange financing if needed (though cash purchases are more common)
• Calculate a minimum 15-20% buffer for unexpected costs

Market Research

• Identify target cities and neighborhoods based on investment goals
• Research property types with strong rental demand (expatriate housing, tourism)
• Join online forums for Senegal property investors (Expat.com, SenegalProperty)
• Connect with the Senegalese diaspora community in your area
• Research infrastructure projects that may affect property values (roads, airports)
• Analyze tenant demographics and rental demand in target areas
• Understand seasonal factors affecting property usage and rental rates
• Plan a preliminary market visit to evaluate areas firsthand

Professional Network Development

• Identify reputable local lawyers with experience in real estate and foreign clients
• Research established real estate agencies in your target area
• Connect with the local Chamber of Commerce
• Establish contact with currency exchange specialists (for USD/EUR/XOF conversions)
• Find an experienced notary (notaire) for transaction processing
• Connect with building contractors if renovations/construction planned
• Contact your country’s embassy or consulate in Senegal for referrals
• Identify reliable property management companies for remote ownership

Expert Tip: The ideal time to visit Senegal for property scouting is between November and May (dry season), when weather conditions are most favorable and construction activity is at its peak. Avoid the rainy season (June-October), when travel can be difficult and some areas may experience flooding. If your investment targets the tourism sector, visit during both high season (winter months) and low season to understand the market dynamics throughout the year.

Recent Regulatory Change: As of 2023, Senegal has implemented the revised OHADA Uniform Act on Commercial Companies, which introduces simplified incorporation procedures and enhanced protection for minority shareholders. Additionally, Senegal now offers a “one-stop shop” (Guichet Unique) through APIX (Investment Promotion Agency) that consolidates business registration procedures. This reform has reduced the business formation timeline from over 30 days to approximately 1-2 weeks.

Banking Setup

• Local Bank Account Options:
  • Major banks: Société Générale, Ecobank, CBAO (Attijariwafa Bank Group), BICIS (BNP Paribas)
  • Account types: Current accounts, savings accounts, term deposits in CFA francs or Euros
  • Foreign investor accounts: Special non-resident accounts available with proper documentation
  • Mobile banking: Increasingly available through major banks and telecom services
• Typical Requirements:
  • Passport and second form of identification
  • Proof of address (in home country)
  • Introduction letter from existing bank
  • Initial deposit (typically 50,000-100,000 CFA francs, ~$85-170)
  • In-person application (cannot be done remotely)
  • Residence permit for certain account privileges
• Alternative Approach: Many foreign investors complete property transactions without a local bank account by using their notary’s client account for the purchase and then setting up management arrangements with direct transfers from overseas. This approach simplifies initial investment but may create complications for ongoing property management.

Financing Options

The vast majority of foreign investors use cash for property purchases in Senegal, but limited financing options exist:

1. Local Bank Mortgages:
   • Availability: Extremely limited for non-residents without local income
   • Deposit Requirements: 30-50% for qualified borrowers
   • Interest Rates: 7-11% annually (significantly higher than North American rates)
   • Terms: Typically 5-15 years maximum
   • Documentation: Extensive including local income verification, property appraisal, and often local guarantor
2. Developer Financing:
   • Some major developers offer payment plans for new constructions
   • Typically requires 30-50% down payment
   • Higher effective interest rates than formal bank loans
   • Often limited to specific developments
3. International Financing:
   • Cross-border lending rarely available for Senegalese properties
   • Some international banks with operations in both markets may consider arrangements
   • Often requires substantial existing relationship
4. Home Country Financing:
   • Refinancing existing properties in North America
   • Home equity lines of credit (HELOCs)
   • Securities-based lending against investment portfolios
   • Personal loans leveraging domestic assets and income

Currency Management

Managing currency effectively is critical when investing in Senegal:

• Currency Considerations:
  • CFA franc (XOF) is pegged to the Euro (€1 = 655.957 CFA fixed rate)
  • Primary currency risk is USD/EUR or CAD/EUR fluctuation
  • Stable CFA-EUR exchange rate reduces local currency risk
  • Large transactions often conducted in Euros
• Currency Transfer Options:
  • Traditional bank wire transfers (highest fees but good for large amounts)
  • Specialized services like Wise, OFX, or Western Union (better rates for smaller amounts)
  • Euro-denominated accounts may offer advantages for regular transfers
  • Cash transfers are restricted and not recommended for property purchases
• Income Repatriation:
  • No restrictions on repatriating rental income or sale proceeds
  • Documentation of original investment helps simplify repatriation
  • Tax clearance certificate required for large transfers
  • Consider timing transfers to optimize exchange rates

From a practical standpoint, most transactions in Senegal’s real estate market are conducted in cash, with wire transfers to notary accounts being the standard method for property purchases. The banking system is relatively developed in major cities but less so in rural areas, which should be considered when evaluating property locations.

Property Search Resources

• Online Property Portals:
  • Senegalimmo.com – Largest dedicated property portal
  • Expat.com – Popular with foreign buyers and sellers
  • Jumia House – General marketplace with property section
  • Immobilier.sn – Local property listings
• Real Estate Agencies:
  • International: Century 21, RE/MAX have limited presence
  • Local agencies: Adama Immobilier, Teranga Immobilier, SenImmo
  • Developer sales offices for new constructions
  • Note: Agency standards vary widely; referrals are valuable
• Direct Networking:
  • Expatriate community connections (Facebook groups, forums)
  • Local chamber of commerce
  • Embassy and consulate bulletin boards
  • Word-of-mouth through local contacts
• Buying Agents:
  • Some local lawyers offer property search services
  • Dedicated buying agents are less common than in Western markets
  • Can be invaluable for navigating informal market
  • Typically charge 3-5% of purchase price

Property Viewing Trip Planning

For overseas investors, an efficient property viewing trip is essential:

1. Pre-Trip Research:
   • Identify 8-10 potential properties before arrival
   • Establish contact with agents and schedule viewings
   • Research neighborhoods for safety, amenities, and development plans
   • Arrange meetings with notaries, lawyers, and bankers
2. Trip Logistics:
   • Plan for at least 10-14 days in country
   • Allocate time for bureaucratic processes
   • Arrange reliable transportation (rental car or driver)
   • Consider hiring a translator if not fluent in French
3. During Viewings:
   • Document everything with photos and videos
   • Check infrastructure: water pressure, electricity reliability, internet connectivity
   • Visit at different times of day (traffic patterns, noise levels)
   • Inquire about ongoing and pending utility costs
   • Speak with neighbors or existing tenants if possible
4. Beyond Listings:
   • Explore neighborhoods of interest on foot
   • Connect with local expat communities
   • Look for “À Vendre” (For Sale) signs for unlisted properties
   • Network at local business establishments

Property Evaluation Criteria

Assess potential investments using these key criteria:

• Location Factors:
  • Proximity to transportation hubs (airport, major roads)
  • Access to reliable utilities (water, electricity, internet)
  • Distance from amenities (grocery stores, hospitals, schools)
  • Neighborhood security and gated communities
  • Flood risk assessment (especially in coastal and low-lying areas)
  • Development plans for surrounding area
• Building Quality:
  • Construction materials (cement block vs. traditional materials)
  • Age and condition of electrical and plumbing systems
  • Quality of finishings and fixtures
  • Presence of air conditioning and backup power
  • Security features (gates, walls, guards)
  • Signs of structural issues (cracks, uneven floors)
• Rental Potential:
  • Current tenant profile and vacancy rate
  • Rental history and documented income
  • Target market (expats, locals, tourists)
  • Seasonal demand fluctuations
  • Potential for value-add improvements
  • Competitive analysis of similar rentals
• Financial Considerations:
  • Price per square meter compared to area average
  • Current and projected rental yields
  • Property tax and ongoing maintenance costs
  • Insurance availability and cost
  • Potential capital appreciation based on area development
  • Exit strategy options (local resale market depth)

Expert Tip: In Senegal, many properties are priced in euros despite transactions occurring in CFA francs. Additionally, there is often an expectation of negotiation, with initial asking prices sometimes set 10-20% above the expected selling price. Having a local representative or agent who understands pricing norms can be invaluable in securing a fair deal. For properties targeting expatriates, ensure features like reliable backup power generators, water storage tanks, and security systems are in place, as these significantly impact rental value and occupancy rates.

Legal Due Diligence

• ✓
  Title Verification: Obtain a complete title history document (État Hypothécaire) from the Land Registry
• ✓
  Title Classification Check: Verify property has a “Titre Foncier” (registered title) not merely a right of occupancy
• ✓
  Encumbrance Search: Check for mortgages, liens, or claims against the property
• ✓
  Zoning Verification: Confirm property use aligns with current zoning (residential, commercial, mixed)
• ✓
  Building Permit Verification: Ensure all constructions have proper permits and approvals
• ✓
  Boundary Verification: Conduct an independent survey to confirm property boundaries
• ✓
  Tax Status: Verify property tax payments are current with tax receipts
• ✓
  Utility Verifications: Confirm all utility bills are paid and connections are legal

Physical Due Diligence

• ✓
  Property Inspection: Hire a qualified building inspector to assess structural integrity
• ✓
  Water Systems: Verify water source, pressure, storage capacity, and any filtration systems
• ✓
  Electrical Assessment: Test electrical systems, backup generators, and potential for upgrades
• ✓
  Environmental Factors: Assess flooding risk, erosion (coastal properties), and drainage
• ✓
  Security Assessment: Evaluate walls, gates, windows, and potential security upgrades needed
• ✓
  Internet Connectivity: Test available internet options and speeds (critical for remote work)
• ✓
  Renovation Assessment: Obtain estimates if improvements planned (material costs, labor, timeline)

Financial Due Diligence

• ✓
  Comparative Market Analysis: Verify price aligns with recent comparable sales in the area
• ✓
  Rental Market Research: Confirm realistic rental expectations (speak to property managers)
• ✓
  Tax Calculation: Determine registration fees, stamp duties, and annual property taxes
• ✓
  Operating Cost Assessment: Calculate utilities, maintenance, security, and management fees
• ✓
  Insurance Quotes: Determine availability and cost of property insurance
• ✓
  ROI Calculation: Develop detailed cash flow projections and return analysis
• ✓
  Currency Risk Assessment: Analyze potential impact of EUR/USD exchange rate fluctuations

Expert Tip: The most critical due diligence document in Senegal is the “État Hypothécaire” from the Land Registry. This document verifies the property’s title status and reveals any encumbrances or claims. Ensure your legal representative explains the complete title history and confirms the seller is the legitimate owner with full rights to sell. Additionally, be wary of properties without a formal “Titre Foncier” (registered title), as they may involve customary or occupancy rights that don’t confer full ownership and can lead to disputes. For coastal properties, special attention should be paid to coastal erosion risks and proximity to the public maritime domain, where construction is prohibited.

Offer and Negotiation

1. Make an Offer: Typically verbal through an agent or representative
2. Negotiation: Back-and-forth on price and terms (expect 5-15% negotiation margin)
3. Preliminary Agreement: Often handwritten document outlining basic terms
4. Deposit: 10% deposit typically placed in escrow with notary or agent

The Senegalese real estate market operates less formally than Western markets in the initial stages. Verbal agreements and handwritten documents are common before involving a notary. However, these preliminary agreements have limited legal enforceability, so proceeding quickly to the formal notarial process is advisable. Bargaining is expected, but aggressive lowball offers may be considered disrespectful.

Formal Process with Notary

1. Engage a Notary (Notaire): Required for all real estate transactions
2. Documentation Preparation:
   • Verification of seller’s ownership (Titre Foncier)
   • Tax clearance certificates
   • Identity documents for both parties
   • Survey documents and property boundaries
3. Draft Sales Agreement (Compromis de Vente):
   • Formal agreement prepared by notary
   • Includes complete property description
   • Details price and payment terms
   • Outlines conditions and contingencies
   • Signed by both parties
4. Payment Process:
   • Balance of purchase price deposited with notary
   • Payment typically via wire transfer to notary’s account
   • Cash transactions discouraged for large amounts
5. Final Deed (Acte de Vente):
   • Prepared by notary once all conditions are met
   • Signed by both parties in notary’s presence
   • Legally transfers ownership
6. Registration and Title Transfer:
   • Notary handles all registration procedures
   • Payment of registration taxes and stamp duties
   • New title issued in buyer’s name

The timeframe from offer acceptance to completion typically ranges from 2-4 months, though it can be longer for properties with complex title issues or if document procurement encounters delays. Non-resident buyers should plan for at least one extended visit or engage a representative with power of attorney to handle the signing process.

Transaction Costs

Budget for these typical transaction expenses:

• Registration Fees: 5% of declared property value
• Stamp Duty: 1% of property value
• Notary Fees: Sliding scale based on property value
  • 1-3% for properties under 100 million CFA francs (~$170,000)
  • 0.5-1% for higher-value properties
• Real Estate Agency Fee: 5-10% (if applicable, typically paid by seller but sometimes shared)
• Land Registry Fee: 0.9% of property value
• Boundary Demarcation: Fixed fee around 150,000-300,000 CFA francs (~$250-500)
• Legal Fees: 1-2% if using independent legal counsel (recommended)
• Currency Exchange Costs: 1-3% depending on provider and amount

Total transaction costs for foreign investors typically range from 10-15% of the purchase price. These costs should be factored into your overall investment calculations. Some buyers attempt to declare lower property values to reduce registration fees, but this practice is illegal and creates significant risks during future resale.

Expert Tip: For foreign buyers unable to be present for the entire transaction process, a Power of Attorney (Procuration) can be arranged allowing your lawyer or a trusted representative to sign documents on your behalf. This document must be notarized in your home country and then apostilled for use in Senegal. The representative should provide regular updates throughout the process, and the final deed should be thoroughly reviewed by your independent legal counsel before final payment is released to ensure all agreed terms are properly reflected in the document.

Administrative Tasks

• ✓
  Property Title Registration: Confirm your name is properly registered in the Land Registry (typically handled by notary)
• ✓
  Utility Transfers: Transfer electricity, water, and other utilities to your name
• ✓
  Property Tax Registration: Register with local tax authorities for annual property taxes
• ✓
  Insurance Purchase: Obtain property insurance (not legally required but strongly recommended)
• ✓
  Security Arrangements: Set up security services or hire property guardians if needed
• ✓
  Management Contracts: Establish relationship with property management company for ongoing oversight
• ✓
  Banking Arrangements: Set up accounts for rental income collection and expense payments

Property Improvements and Maintenance

Consider these aspects unique to the Senegalese context:

• Construction and Renovation:
  • Building permits required for significant modifications
  • Consider local climate challenges in renovations (humidity, heat, seasonal rains)
  • Incorporate backup systems for utilities (water tanks, generators)
  • Use quality materials appropriate for coastal/tropical conditions
  • Remote supervision requires reliable local contractors or project managers
• Maintenance Considerations:
  • Regular maintenance critical in tropical climate
  • Annual exterior painting recommended in coastal areas
  • Regular HVAC maintenance for air conditioning systems
  • Termite and pest control essential
  • Generator maintenance and testing
  • Water filtration system maintenance
• Security Enhancement:
  • Consider upgrades to doors, windows, and locks
  • Perimeter wall maintenance and improvement
  • Modern security systems with remote monitoring options
  • Arrangements for property guardians during vacancy periods
  • Relationship with neighborhood security services

Foreign investors managing properties remotely should establish reliable local contacts for maintenance and emergency response. Many expatriate property owners create a network with other foreign owners for recommendations and shared resources.

Record Keeping

Maintain comprehensive records for tax and legal purposes:

• Property Documents:
  • Original title deed (keep duplicates in home country)
  • Sales agreement and notarial documents
  • Property surveys and boundary markers
  • Building permits for any modifications
  • Insurance policies and claims history
• Financial Records:
  • All property-related expenses with receipts
  • Tax payment receipts
  • Utility bills and payment history
  • Rental income records
  • Maintenance and repair expenses
  • Currency exchange transactions
• Tax Documentation:
  • Annual property tax declarations and receipts
  • Income tax filings for rental income
  • Transaction tax receipts
  • Home country tax declarations related to the property
• Tenant Information:
  • Lease agreements and amendments
  • Tenant identification and contact information
  • Security deposit arrangements
  • Inventory lists and condition reports
  • Correspondence regarding maintenance issues

Senegalese tax authorities require records to be kept for at least 3 years, though 5-10 years is recommended for foreign investors due to cross-border tax compliance. Digital record-keeping with secure backups is essential, with physical copies of critical documents stored both in Senegal and your home country.

Expert Tip: Consider establishing a relationship with a local accounting firm or lawyer who can act as your fiscal representative in Senegal. This representative can receive official correspondence, maintain your records, and ensure compliance with local tax authorities. Many foreign investors also create a WhatsApp or Signal group with their property manager, security service, and key maintenance providers for rapid communication during emergencies. Invest in a quality digital security camera system that allows remote monitoring from your home country for additional peace of mind.

Senegalese Tax Obligations

• Registration Fees & Stamp Duty:
  • One-time payment at purchase (combined 6% of declared property value)
  • Collected by notary during transaction
  • Additional local registration fees may apply in some municipalities
• Annual Property Tax (Taxe Foncière):
  • Based on rental value of property (5-7% of assessed rental value)
  • Reduced rates for primary residences
  • Due annually, typically in the first quarter
  • Payments made at local tax office or through authorized banks
• Income Tax on Rental Income:
  • Standard rate of 30% on net rental income
  • Deductions allowed for maintenance, management fees, insurance, property tax
  • Non-residents may be subject to withholding at source
  • Reported on annual income tax return
• Capital Gains Tax:
  • 25% on net capital gains for individuals
  • 30% for corporate entities
  • Adjusted for inflation for properties held long-term
  • Some exemptions for primary residences held 5+ years
  • Payable within 30 days of sale completion
• Value Added Tax (VAT):
  • 18% VAT applicable to commercial property rentals
  • Residential rentals generally exempt from VAT
  • Construction and renovation services subject to VAT
• Wealth Tax:
  • Applicable to high-value properties (varies by location)
  • Progressive rates based on assessed property value
  • Some exemptions for productive business assets

Home Country Tax Obligations

Senegal has tax treaties with the United States (signed 1990) and Canada (not yet in force) that help prevent double taxation. These treaties generally allow taxes paid in Senegal to be credited against home country tax liabilities. However, specific provisions vary and professional tax advice from experts familiar with both tax systems is essential.

Tax Planning Strategies

• Entity Structure: Evaluate whether personal ownership or forming a local/foreign company optimizes tax position
• Expense Documentation: Maintain meticulous records of all deductible expenses
• Renovation Timing: Schedule major renovations strategically to maximize deductions
• Rental Structure: Consider long-term vs. short-term rental strategies for tax efficiency
• Capital Improvements: Document all capital expenditures which may reduce future capital gains tax
• Currency Conversion: Plan currency exchanges to minimize costs and maximize deductibility
• Tax Representation: Engage local tax professionals for compliance and planning
• Treaty Benefits: Utilize provisions in tax treaties to prevent double taxation

Senegal’s tax environment for foreign investors is relatively straightforward compared to some African countries, but compliance requirements can be challenging without local assistance. The government has been modernizing tax administration, but in-person filings and payments are still common for property-related taxes. Having a local representative or tax advisor is highly recommended, particularly for investors not fluent in French.

Expert Tip: Many foreign investors in Senegal underestimate the importance of proper tax compliance, which can lead to significant penalties or complications during property resale. Consider engaging a bilingual accountant with specific experience serving foreign property owners. They can help navigate local regulations while ensuring compliance with your home country’s foreign property reporting requirements. Additionally, maintaining a separate bank account for rental income and property expenses simplifies accounting and provides clear documentation for tax authorities in both countries.

Selecting a Property Manager

Evaluate potential property managers using these criteria:

• Experience with Foreign Owners:
  • Track record with international clients
  • Language capabilities (English, French)
  • Understanding of foreign owner concerns and requirements
• Service Portfolio:
  • Comprehensive range of services offered
  • Emergency response capabilities
  • Established vendor network for repairs
  • Ability to handle utility payments and taxes
• Market Knowledge:
  • Understanding of local rental market
  • Connections to quality tenant pools (expatriates, diplomatic community)
  • Realistic approach to rental rates and occupancy
• Communication Standards:
  • Regular reporting practices
  • Responsiveness to owner inquiries
  • Digital communication options
  • Transparency about issues and solutions
• Financial Management:
  • Clear accounting practices
  • Transparent fee structure
  • Proper handling of tenant deposits
  • Banking arrangements for income transfer
• Technology Utilization:
  • Online owner portals or reporting
  • Digital document storage
  • Property monitoring capabilities

Management Agreement Essentials

Ensure your property management contract includes these key elements:

• Scope of Services: Detailed listing of exactly what is included vs. additional charges
• Fee Structure: Clear explanation of management fees, commissions, and maintenance markups
• Contract Term and Termination: Duration of agreement and notice period requirements
• Reporting Requirements: Frequency and format of financial and condition reports
• Maintenance Authority: Spending limits for repairs without prior approval
• Tenant Selection Criteria: Standards for tenant screening and selection
• Rent Collection Process: Methods, timing, and handling of delinquencies
• Insurance Requirements: Coverage expectations for both parties
• Security Measures: Responsibilities for property security
• Dispute Resolution: Process for handling disagreements

The property management industry in Senegal is less formalized than in Western markets, with fewer established national companies. Most management services are provided by real estate agencies or independent property managers. Thoroughly check references from other foreign owners and consider a probationary period before committing to a long-term contract.

Expert Tip: When selecting a property manager in Senegal, prioritize those with specific experience serving expatriate tenants if that’s your target market. These managers understand the expectations of foreign renters regarding maintenance standards, security, and amenities. Consider installing a smart-home system that allows you to monitor water usage, electricity consumption, and security remotely. This technology provides an additional layer of oversight beyond manager reports. For properties in coastal areas, ensure your management agreement specifically addresses preparation for the rainy season (June-October) when water damage risks are highest.

Exit Options

Sale Process

When selling your Senegalese property:

1. Pre-Sale Preparation:
   • Property renovations and cosmetic improvements
   • Title documentation update and verification
   • Tax compliance confirmation
   • Professional photography and marketing materials
   • Property valuation by local experts
2. Marketing Strategy:
   • Engage multiple agencies for maximum exposure
   • Online listings on international and local platforms
   • Targeted marketing to expatriate communities
   • Utilize diaspora networks and connections
   • Consider virtual tours for international buyers
3. Offer Negotiation:
   • Understand cultural aspects of negotiation
   • Be prepared for significant negotiation margin (10-20%)
   • Consider non-price terms (furnishings, timing)
   • Verify buyer’s financial capability early
4. Due Diligence Period:
   • Provide all documentation upfront to expedite process
   • Facilitate property inspections
   • Address any title or documentation issues proactively
   • Maintain property condition during sale period
5. Closing Process:
   • Engage notary for final deed preparation
   • Arrange for power of attorney if unable to attend in person
   • Confirm all tax obligations are settled
   • Prepare for currency conversion and repatriation
   • Transfer utilities and cancel services

The selling process in Senegal typically takes 3-12 months depending on property type, location, and price point. Properties targeting the local market may take longer to sell than those appealing to expatriates or international buyers. Patience and flexibility are essential, as is having a strong local team including a real estate agent, notary, and legal advisor.

Market Exit Timing Considerations

Several factors should influence your exit timing decision:

• Economic Development Projects: Major infrastructure completions often trigger value increases (airport expansions, new highways, urban centers)
• Energy Sector Impact: The expected 2025 commencement of oil and gas production may create significant economic growth
• Currency Considerations: Monitor EUR/USD or EUR/CAD trends to optimize repatriation value
• Political Cycle: Presidential elections (every 5 years) can create market hesitation before and opportunity after
• Local Development Patterns: Neighborhood improvements, commercial development, and infrastructure upgrades can significantly impact values
• Seasonal Factors: The market is typically most active November-May when weather is favorable and expatriates are present
• Tax Considerations: Timing sales relative to tax years in both Senegal and home country can optimize position
• Rental Market Strength: Strong rental demand supports higher valuations and better sale prospects

Senegal’s property market is still developing, with liquidity challenges in some segments. Having a flexible exit timeline allows you to wait for favorable market conditions. Consider your exit strategy early in the investment process to ensure your property appeals to the most likely future buyer pool. For example, properties targeting eventual sale to expatriates should prioritize features this market values (security, modern amenities, proximity to international schools).

Expert Tip: When planning your exit, consider the impact of Senegal’s growing diaspora population. Senegalese living abroad, particularly in France, Italy, Spain, and increasingly North America, represent a significant buyer pool for well-maintained properties in desirable areas. These buyers often seek properties for eventual retirement or family use, and may value different features than expatriate buyers. Digital marketing that reaches diaspora communities can significantly expand your potential buyer pool. Additionally, upcoming infrastructure projects like the new Dakar-AIBD Regional Express Train completion can dramatically impact property values in connected areas, making strategic timing around such completions potentially profitable.