Real estate in Senegal problem area?

Inflation in an atmosphere where the scarcity of supply gives speculators a good flexibility, real estate in Senegal could be seen as growing as many transactions are made.

Indeed, the land is probably one of the areas where it is still possible to make huge profits, so it's sometimes the price of gold that are selling the land, given that most vendors acquire the and left fallow for several years before the return of the market to sell to the highest bidder. Especially since in practice it is usually the buyer who offers a price and therefore the owner has to wait one who "has the most need and will make a best offer." It's a way to do that does not help everyone because the average person can now easily acquire at least a piece of land in the capital. And despite the many advertisements, it is not as easy as you think, for some, to become a landowner.

Agents for the cadastre, the best way to fight against the scourge of land speculation lies in the management of the property market to ensure the district of reasonable price ranges through the adoption and application of laws that would allow each party to find his account. Another solution would be that advanced the creation of a new city with sustainable infrastructure to lower the price of land.

Yet it is true that speculators are a real problem for the real estate market in Senegal, another problem arises with some sharpness: transactions whose papers have no legal basis. Indeed, in many cases, the deed given by the seller based on no regulatory basis for the transaction takes place outside the law, putting the new owner of the property in a precarious position as the location of the object is not corrected.

And while the sale is often in the presence of witnesses who can attest to the veracity of the transaction, the conservation of land may not make the registration of property in the name of such if it does not have any an authentic document submitted by a notary or a judge.

Note that the laxity of some of their owners forget this step, however, very important. It is also noteworthy that the acquisition of title to land is governed by a special procedure distinguishing between private individuals where the securities circulating on the market just like any other goods are sold by public deed before a notary or court award, and the private domain of the State where the securities are administered in the form of lease, authorization to occupy or permit to occupy different areas.

But if the acquisition of land poses many problems in the Senegalese capital is undoubtedly the result of its geographical position peninsula.

So the solution does not lie it the creation of new centers of habitation. For professionals, this option would, in addition to free up the capital to bring prices under certain conditions such as the development of these new urban centers so that their populations have a similar quality of life, otherwise similar to that of the capital. Certainly, it is important to consider the setting of infrastructure when choosing housing. A deficiency in this area in the new quarters is an obstacle to mass movement to these areas. Further diversification and decentralization of activities could qu'enjoindre people to see a board welcomes the most beneficial for them.