Real Estate in Cameroon
Last updated on Aug 06, 2023
Summary: An expat looking to buy a home in Cameroon should begin by researching the local real estate market. They should look for listings on websites such as Lamudi, Jumia House, and ImmoCameroun. It is also important to contact a local real estate agent who can provide more information about the area and the available properties. Homes in Cameroon typically include basic amenities such as running water, electricity, and a kitchen. Many homes also have a garden, a terrace, and a garage. Foreigners are allowed to own property in Cameroon, but they must obtain a permit from the Ministry of Territorial Administration and Decentralization. The permit must be renewed every five years.
How do I find a place to live in Cameroon?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Finding a place to live in Cameroon can be a challenge, but there are a few options available. One option is to look for rental properties online, such as on websites like Expat.com or Global Property Guide. You can also search for rental properties in local newspapers or contact real estate agents in the area. Additionally, you can look for furnished apartments or houses for rent on websites like Airbnb or HomeAway. Finally, you can also ask around in your local community for recommendations on places to rent," explained one expat living in Cameroon.
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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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What is a typical expat home or apartment like in Cameroon?
"Expat homes and apartments in Cameroon tend to be modern and comfortable, with amenities such as air conditioning, internet access, and satellite television. Many expats choose to live in gated communities, which offer additional security and access to amenities such as swimming pools and tennis courts. Expat homes and apartments in Cameroon are typically spacious and well-furnished, with plenty of room for entertaining guests," said one person in Cameroon.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Click connect to have our partner contact you via e-mail and/or phone.
What is the average cost of housing in Cameroon?
If you are thinking about moving to Cameroon, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Cameroon varies depending on the location and type of housing. Generally, housing in urban areas tends to be more expensive than in rural areas. Prices for apartments and houses range from relatively affordable to quite expensive, depending on the size and amenities," said one person in Cameroon.
Should I buy or rent a home in Cameroon?
If you have not spent a lot of time in Cameroon, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"When deciding whether to buy or rent a home in Cameroon, it is important to consider the cost of living, the availability of housing, and the local economy. Buying a home in Cameroon can be a great investment, as property values tend to appreciate over time. However, it is important to consider the cost of purchasing a home, including the cost of a down payment, closing costs, and any necessary repairs or renovations. Renting a home in Cameroon can be a more affordable option, as it does not require a large upfront investment. Additionally, renting can provide more flexibility, as it allows you to move more easily if your circumstances change. Ultimately, the decision to buy or rent a home in Cameroon should be based on your individual needs and financial situation," remarked one member in Cameroon.
What do I need to know when buying property in Cameroon?
When we asked expats what advice they would give a foreigner before buying a property in Cameroon, they said:
"1. It is important to research the local laws and regulations regarding property ownership in Cameroon before making any purchase. 2. It is advisable to hire a local lawyer to assist with the purchase process and to ensure that all legal requirements are met. 3. It is important to obtain a title deed for the property, which will provide proof of ownership. 4. It is important to be aware of any taxes or fees that may be applicable to the purchase of the property. 5. It is important to be aware of any restrictions or limitations that may be placed on the use of the property. 6. It is important to be aware of any potential risks associated with the purchase of the property, such as environmental hazards or political instability. 7. It is important to be aware of any potential risks associated with the financing of the purchase, such as exchange rate fluctuations or interest rate changes. 8. It is important to be aware of any potential risks associated with the maintenance of the property, such as the cost of repairs or the availability of services," said one person in Cameroon.
Are foreigners allowed to own property in Cameroon?
When we asked expats what advice they would give a foreigner before buying a property in Cameroon, they said...
"Foreigners are allowed to own property in Cameroon, but there are certain restrictions in place. Foreigners must obtain a permit from the Ministry of Territorial Administration and Decentralization in order to purchase property. The permit must be renewed every five years. Additionally, foreigners are not allowed to own land in Cameroon, but they can own buildings and other structures," remarked one foreigner who made the move to Cameroon.
What appliances are typically included in a rental?
We asked foreigners in Cameroon what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:
"In Cameroon, rental properties typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a microwave, dishwasher, and air conditioning unit. Depending on the property, additional amenities such as a dryer, water heater, and security system may also be included," explained one person living in Cameroon.
Additional Information about Searching for a Home in Cameroon:
We asked foreigners in Cameroon what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...
"Expats can search for homes in Cameroon by looking online for real estate listings, contacting local real estate agents, and networking with other expats who have already settled in the country. Additionally, expats can look for housing options in newspapers, magazines, and other publications. Additionally, expats can attend local expat events and meetups to network and find out more about housing options in Cameroon," wrote one expat who made the move to Cameroon.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
Other Questions:
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- Is there a lot of diversity? Are people in Cameroon accepting of differences?
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- What do I need to know when buying property in Cameroon?
- Are foreigners allowed to own property in Cameroon?
- What appliances are typically included in a rental?