Property in Gambia an emerging market

Apr 14
10:20

2007

Nicholas Marr

Nicholas Marr

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Real Estate investors in search of overseas property at low prices need to find an emerging market. This market should be in its infancy with good communications and a government that is encouraging investors. The Gambia Africa is one such place and needs further examination. I give an insight into Gambian Property.

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The Gambia Africa is set to be a great place to invest in real estate and has been staring investors in the face for some years.

The Gambian government is totally committed to business development and free enterprise. It has a reputation as a tranquil,Property in Gambia an emerging market Articles secure destination with property conveyanceing and laws based on the British system., low inflation, fiscal stability and one of the lowest crime rates in the world. It seems that Gambia is ripe for investors he GambiaThe Gambia was for many years a British colony and is one of the smallest and safest countries in Africa. For many European holiday makers Gambia is around 6 hours in flight time and has the added advanatage of no jet lag.

Tourism is now one of the dynamic sectors of the economy, contributing 16% of the country's GDP with a 19.2% jump in visitor figures from the previous year.

Construction is already underway and TAF Holdings one of the best known develoers in Gambia are buiding along the coast and in villages nearby. If you are looking for off-plan property, the opportunities right now are available, and at very low costs. There are also a number of inhabitable existing properties that can be had for a very small investment. Some properties have been constructed and just need to be finished out, pending a sale. If you are looking for a good international investment, it's hard to go wrong in Gambia.

Accessibility is key to growth, with direct flights from Europe and the United States or simply hop on a 30 minute commuter flight to Dakar airport where you can pick up direct flights to Paris, New York, Toronto, Rio, Dubai, the Middle East, and South East Asia. UK overseas property buyers are only a six-hour flight from the UK with no jet-lag,The Gambia coast offers miles of superb golden beaches and the vibrancy of Bakau, Serrekunda and the capital, Banjul, is as colourfully African as you might imagine.

Language barriers have nver been a problem in Gambia its a fact that the average Gambian can speak up 3 languages some see this as as sign of ethinic harmony.

Construction aimed at investors is underway at the ocean-side village of Brufut in Gambia this investment real estate comes in the form of a modern housing development.

So the secrets out about Gambia an investment property market with huge potential. Investors know where their is demand their is price rises so the time to get in on the action is now .