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The Cameroonian real estate sector knows a profusion which, without filling the expectations of a market always increasing, offers big opportunities for the new investors in an adapted institutional frame.

 In the background of this institutional device, we find the Real estate company of Cameroon which builds and resells (or rents) standard (which can also be used as offices.. Finally, there is the Land loan of Cameroon, a public institution specialized in the mortgage loan, and which finances the private individuals as well as the property developers.

 

Real estate for companies
The government also set up an institutional offer dedicated to companies operating in the branches of industry, or looking for big spaces of storage. It is the role of the Mission of Development and management of the industrial parks (Magzi). It helps the investors in obtaining administrative documents but, especially, it gives to economic operators, in the form of rent, fitted out grounds, partially fitted out grounds, not fitted out grounds or industrial buildings in all the regions of the country (see picture).

 

Real estate promotions 
With many more offers, the private real estate offer is sustained by the private promoters. The opportunities of investments being again little diversified, the real estate investments has encountered a very high increase these past years in all the regions of the country and particularly in the economic and political capitals. 

The real estate investments has encountered a very high increase these past years in all the regions of the country and particularly in the economic and political capitals.

For foreigners doing business prospecting in Cameroon, and who wish to stay some weeks or a few months in a warmer and more serene atmosphere -and especially cheaper than a hotel- the main cities in the country, Douala and Yaounde, offer henceforth well maintained furnished housing. The boarder can have, according to the chosen status, a staff of household, a cook, a guard and the other conveniences. 

This profusion of the real estate offer, which does not still live up to the increasing supply, is based on an important potential deciphered by Georges Wouatsa, production manager to the Real estate company of Cameroon (SIC): " these potential are diverse: there is the demographic potential (existence of an important supply due to the urban growth); land tax potential(availability of grounds to be fitted out and to be serviced); social potential (existence of the qualified supervisory staff and at a lower cost such as the town planners, the engineers, the architects); materials: availability of the local materials (sand, gravel, wood, earth (ground)) ".

However, according to this expert this potential would have been valued if there were no several environmental, social, institutional and also economic impediments : " The cost of the real estate production in Cameroon is very high. In a country where the incomes of the population are low and the banking systems are faltering in their decisions, it is difficult to produce housing in a cost accessible to the large number. This discrepancy between production costs and purchasing power of the potential buyers is certainly due to the local poverty, but especially to the absence of a voluntarist economic policy which encourages the access to real estate property. It is characterized by an excessive tax system (the weight of taxes and taxes represents about 40 % of the cost of the construction), by the high customs duties, by the absence of loan policy at reduced and long-term rate in banks.
By making the access to the landed property difficult for the property developers, the national economic system carried the germs which slow down the outcoming of an efficient real estate market ".

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