• Real Estate & Property for Sale and for Rent in Somalia

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Examining the Determinants and Valuation of Residential Property Rents in Somalia’s Booming Real Estate Market

Examining the Determinants and Valuation of Residential Property Rents in Somalia’s Booming Real Estate Market

Somalia’s real estate industry has witnessed massive development in recent years, contributing to the urbanization and infrastructure growth. This study aims to investigate the determinants of residential property rents in Somalia and assess whether these rents are fairly valued. By employing a two-stage modeling approach, the research provides insights into the factors influencing rental prices […]

Addressing Somalia’s Housing Crisis: Strategies for Increasing Affordable Housing Supply and Adapting to Climate Change

Addressing Somalia’s Housing Crisis: Strategies for Increasing Affordable Housing Supply and Adapting to Climate Change

Somalia, a country with a population of 15.8 million, faces a significant housing crisis. With 60% of the population residing in rural areas and a growing urban population, the demand for housing is outpacing supply. The country’s GDP in 2020 was $7,628 million, with a per capita income of $502, and almost 70% of the […]

Driving Real Estate Development in Africa: The Impact of Tourism

Driving Real Estate Development in Africa: The Impact of Tourism

Africa’s real estate sector is experiencing significant growth driven by the thriving tourism industry. The continent’s diverse cultural heritage, natural attractions, and economic opportunities have positioned it as a prime destination for travelers and investors alike. This article explores the symbiotic relationship between tourism and real estate development in Africa, highlighting key factors, successful projects, […]