Real Estate in Gambia
Last updated on Nov 21, 2023
Summary: An expat looking to buy a home in Gambia should start by researching the local real estate market. They should look for reputable real estate agents and brokers who can help them find the right property. Expats should also consider their budget and the type of property they are looking for. Homes in Gambia typically include basic amenities such as running water, electricity, and air conditioning. Some homes may also include a pool, garden, or other luxury features. Foreigners are allowed to own property in Gambia, but there are some restrictions. For example, foreigners are not allowed to own land in certain areas, such as near the coast. Additionally, foreigners must obtain permission from the Gambian government before they can purchase property.
How do I find a place to live in Gambia?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the best ways to find a place to live in Gambia is to contact a local real estate agent. They will be able to provide you with information about available properties in the area and can help you find the perfect place to call home. Additionally, you can search online for rental listings in Gambia, or ask friends and family who may already live in the area for recommendations," said one person in Gambia.
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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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What is a typical expat home or apartment like in Gambia?
"Expat homes and apartments in Gambia tend to be modern and comfortable, with air conditioning, satellite TV, and internet access. Many expats choose to live in gated communities, which offer a greater sense of security and privacy. Expat homes and apartments often come with a variety of amenities, such as swimming pools, tennis courts, and gyms. Expats can also find homes and apartments with balconies or terraces, providing a great view of the surrounding area," remarked one foreigner who made the move to Gambia.
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
What is the average cost of housing in Gambia?
If you are thinking about moving to Gambia, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The cost of housing in Gambia varies depending on the location and type of accommodation. Generally, renting a house or apartment in Gambia is relatively affordable, with prices ranging from a few hundred dollars a month for a basic apartment to several thousand dollars a month for a luxury home. Additionally, purchasing a home in Gambia is also an option, with prices ranging from a few thousand dollars for a basic house to several hundred thousand dollars for a luxury home," said one person in Gambia.
Should I buy or rent a home in Gambia?
If you have not spent a lot of time in Gambia, 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 Gambia, it is important to consider the cost of living, the availability of housing, and the local economy. Buying a home in Gambia 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 mortgage, taxes, and maintenance. Renting a home in Gambia can be a more affordable option, as it does not require a large upfront investment. Additionally, renting can provide more flexibility, as it is easier to move if needed. Ultimately, the decision to buy or rent a home in Gambia should be based on individual needs and preferences," said one expat who made the move to Gambia.
What do I need to know when buying property in Gambia?
When we asked expats what advice they would give a foreigner before buying a property in Gambia, they said:
"1. It is important to research the area you are interested in buying property in Gambia, as there are different laws and regulations in different parts of the country. 2. It is also important to be aware of the local customs and culture, as this can affect the way you interact with people in the area. 3. It is important to have a clear understanding of the legal process for buying property in Gambia, including the necessary paperwork and fees. 4. It is also important to be aware of the local property market, as prices can vary significantly depending on the area. 5. It is important to have a clear understanding of the taxes and fees associated with buying property in Gambia, as these can add up quickly. 6. It is also important to be aware of any restrictions or regulations that may apply to the property you are interested in buying. 7. It is important to have a clear understanding of the local infrastructure, such as roads, electricity, and water, as this can affect the value of the property. 8. It is also important to be aware of any potential risks associated with buying property in Gambia, such as political instability or natural disasters," said one in Gambia.
Are foreigners allowed to own property in Gambia?
When we asked expats what advice they would give a foreigner before buying a property in Gambia, they said...
"Yes, foreigners are allowed to own property in Gambia. The Gambian government has established a legal framework that allows non-citizens to purchase and own real estate in the country. Foreigners are required to obtain a permit from the Ministry of Lands and Regional Government in order to purchase property in Gambia. The permit is valid for a period of five years and can be renewed. Additionally, foreigners are required to pay a transfer tax of 5% of the purchase price of the property," said one expat in Gambia.
What appliances are typically included in a rental?
We asked foreigners in Gambia 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 Gambia, 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 television, internet access, and furniture may also be included," remarked one foreigner who made the move to Gambia.
Additional Information about Searching for a Home in Gambia:
We asked foreigners in Gambia 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 Gambia by looking online for real estate listings, contacting local real estate agents, and asking for recommendations from other expats who have already settled in the area. Additionally, expats can attend open houses and viewings to get a better sense of the local housing market," remarked one foreigner who made the move to Gambia.
About the Author
Betsy Burlingame is one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad 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.
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