Kinshasa Congo Real Estate
Africa Property News has learned that there is huge demand for real estate in Kinshasa, the capital of the Democratic Republic of Congo, but potential investors need to ensure that they do thorough research before they deploy vast resources. Properties are gaining traction across the country, with a number of high-end properties on sale in different price ranges, according to a new report.
However, next year's elections will largely determine the political and economic future of the Democratic Republic of Congo, and real estate has become a life in the shadow of these upcoming elections.
Crime can occur in the Democratic Republic of Congo and most of them are violent and not what travelers want, but there are things that can be done to minimize risk and to stay safe. Below is a list of the most common crimes you can experience in Congo and what to watch out for, as well as some tips.
Most of the housing projects in the country are in and around Kinshasa, including the Quotations in Kivu Province, the Quotations in Fungurume, a newly created province. These properties are examples of the government's efforts to address the acute housing deficit. Most of the housing projects within the countries are also located near Kigali, Côte d'Ivoire and other cities and municipalities in the capital of the Democratic Republic of Congo, the Congolese capital Goma, as well as in some of its provinces, such as the citations in the Citi Cits in Gombe and the citations in Mushrooms in newly created provinces. Some of them even border Rwanda, one of Congo's most populous countries.
Kinshasa's office market is concentrated in the north of the city, with many of the most important buildings located on Boulevard du 30 Juin. There have been recent developments in the area of industrial property, and shops and outlets have over time taken over important squares from the local markets in Kinsha as local marketplaces.
Africa's largest supermarket group Shoprite has entered the Democratic Republic of Congo (DRC) with the opening of a supermarket in the capital Kinshasa. Shoprites has supermarkets in prime location in Gombe district, but is not the only major international retailer in Kinha. Pick & Pay, the world's second-largest grocer, is also looking to the D-Congo and has announced plans to make its first foray into the city in the next few months, with plans for a shop on Boulevard du 30 Juin.
The standard of housing in the Democratic Republic of Congo is variable, ranging from very poor to exclusive and exorbitantly expensive. Although the equipment is still very minimal, some apartments are available as furnished, furnished and unfurnished accommodation. Today, the Leon Hotel is located in Kinshasa and Brazzaville and has a number of hotels available to travellers to and from Kansa.
The country's real estate market is huge, but the price of a $25,000 unit is prohibitive for low- and middle-income households. However, there are also a number of property investors seeking double-digit returns at a time of challenges facing this country.
Many expats in the Democratic Republic of Congo are assisted in finding a place to live by an employed company. Patrick De Wolf has a team of real estate experts who help you purchase property in Kinshasa and other parts of the Democratic Republic of Congo. These professionals can help newcomers find a property in the Democratic Republic of Congo that suits their budget and lifestyle. For expats who move to the D-Congo on a short-term contract, hotels can be a good option.
When looking for a place to live, newcomers are often shocked at how expensive the accommodation is, especially in the capital Kinshasa. Kinassa is seeing more and more hotels, but Lubumbashi also has a few hotels that offer decent accommodation. DALDEWOLF is managed by Patrick De Wolf, a real estate expert with more than 20 years of experience who has extensive knowledge of the D-Congo real estate market and the local market. In Kansasha, some tenants argue that prices fall after a planned departure, especially on short-term contracts.
DALDEWOLF advises the information and communication technology operators in the Congo in Kinshasa, including the granting of a permit by the Ministry of Information and Communication Technology (MICT) and the Central African Republic (CAR). D-Congo we advise the D-Congo real estate market in Lubumbashi and Kansasha as well as in other cities in the country.
In the field of transport, Congo has acquired particular expertise in the railway sector in Kinshasa, including advising the liquidators of railway companies and managing railway projects in Lubumbashi, Kansasha and other cities in the Democratic Republic of Congo. D-Congo and Daldewolf members have been personally involved in the construction and operation of railway lines and in the purchase of trains and equipment for the transport sector.
In Kinshasa, many people I know who are in business make their money from real estate and retail. Romain Battajon, who has been working in the Democratic Republic of Congo since 2007, has advised many companies in the field of commercial law.