
Buying a new-build apartment in Abidjan is often a major project, whether it is for living in or building a property portfolio. New developments, modern residences, attractive amenities, etc. There is no shortage of arguments to appeal to future buyers.
But beyond the sales brochure and the initial appeal, there are certain questions worth asking before making a commitment.
Because a new-build apartment is not just about its size, price or quality of finishes. The neighborhood, developer, amenities, security, residence management and potential for appreciation are all factors that should be taken into consideration. Here are the 10 questions we recommend asking yourself before buying a new-build apartment in Abidjan.
Location remains one of the first criteria to consider.
You should of course look at the neighborhood as it is today, but also think about how it may evolve over the coming years: new infrastructure, road access, shops, schools, offices or future real estate developments. In Abidjan, neighborhoods can change quickly. It is therefore worth asking not only, “Does this location suit me today?” but also, “How might it evolve tomorrow?”
A new development often represents a significant financial commitment. It is therefore essential to look into who is behind its construction. What is their experience? Which projects have they already completed? Have deadlines been met? How have their previous residences aged? The developer’s reputation and experience are important factors when assessing the reliability of a project.
A polished sales presentation can sometimes hide significant differences between two developments. It is therefore useful to check exactly what is included: residence amenities, parking, outdoor spaces, technical installations, finishes, services, etc.
Swimming pool, gym, landscaped areas, elevators, relaxation areas, concierge services… These amenities can provide real added value, provided they are suited to the residence and properly maintained.
It is also important to consider the essential facilities for everyday life in Abidjan: backup generator, water reserve, security systems, maintenance of installations, etc. The standard of a residence is therefore not measured solely by what is visible inside the apartment.
Security is one of the essential criteria for a high-end apartment in Abidjan. Beyond the presence of a security guard, it is worth checking the security measures in place: access control, video surveillance, perimeter fencing, etc.
The amount of the fees should not be considered on its own.
What matters most is understanding what they help fund:
security
cleaning
maintenance of landscaped areas and the swimming pool
maintenance of elevators and the backup generator
technical equipment
etc.
Fees that are consistent with the services provided directly contribute to maintaining the quality of the residence and, therefore, the value of your investment. For the buyer, they help preserve the value of their property portfolio. For the tenant, they also represent an investment in their comfort and quality of life on a daily basis.
A residence can be very well designed when delivered and gradually lose its quality if it is poorly maintained. Who will be responsible for management? What will the role of the property management company be? How will decisions be made? The quality of management over time is essential to preserving the attractiveness and value of your property.
Even when buying a property to live in, it is always worth thinking about what comes next. If your plans change, will you be able to easily rent out or resell your apartment? The location, quality of the residence, amenities, layout of the property and demand in the area will directly influence its future attractiveness. A good real estate purchase is also one that remains appealing to other buyers or tenants in the future.
Price per square meter is one useful indicator, but it is not enough on its own to determine whether an apartment is correctly priced. It should be considered in relation to:
the location
the services and amenities offered
the facilities
the condominium fees
the quality of construction
the area’s potential for future development
Buying a new-build property involves many questions: choosing the right development, assessing the property, comparing amenities, understanding fees, evaluating its potential for appreciation… Being supported by a professional who knows the local market can help you take a step back and compare opportunities with greater peace of mind.
At MD IMMOBILIER, we support you with your property acquisition projects, whether new-build or existing properties. Our role is not simply to offer you apartments. We take the time to understand your project in order to identify properties that genuinely match your expectations.
Are you planning to buy property in Abidjan and would like support with your search? Contact MD IMMOBILIER. Our team will help you identify opportunities that match your project and your criteria.
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