Choosing the right land for your real estate development is critical. It’ll determine the success or failure of your project. Whether you plan to build a house, a residential complex, a commercial outlet, or a mixed-use building, here are expert tips to evaluate and select the best plots for different types of projects in Senegal.

1. Define Your Goals and Needs

Before starting your search, it is essential to clearly define your goals. What type of project are you planning? What is the size and scale of the project? Do you have specific requirements regarding location, access, or public services? Once your objectives are defined, you can better define your land search.

2. Location, Location and Location

Location is one of the most important factors to consider. A good location should meet several criteria:

• • Accessibility: Is the land easily accessible by major roads and public transport?

• • Proximity to Services: Is it close to amenities such as schools, hospitals, shopping centers, and parks?

• • Development Potential: Is the area growing? Are there upcoming infrastructure or development projects that could increase the value of your investment?

3. Study the Characteristics of the Land

Carefully examine the physical characteristics of the land:

• • Topography: Flat land is generally easier and less expensive to develop than sloped surface.

• • Soil and Drainage: Is the soil stable and well-drained? Poor drainage can lead to flooding problems.

• • Dimensions and Shape: Is the land of regular shape? Irregular plots can present additional challenges for construction.

4. Check Restrictions and Regulations

Every piece of land is subject to local regulations and zoning restrictions. Consider the following:

• • Zoning: Is the land zoned for the type of development you plan?

• • Building Permits: What types of permits are required and how long will it take to obtain them?

• • Restrictions and/or limitations : Are there any restrictions/limitations that could limit the use of the land?

5. Consider Hidden Costs

In addition to the purchase price of the land, take into account additional costs such as:

• • Land Preparation Costs: Leveling, clearing, and site preparation.

• • Infrastructure: Installing utilities such as water, electricity, gas, and sewage.

• • Taxes and Legal Fees: Property taxes, notary fees, and other administrative costs.

6. Conduct Market Research

Analyze the local real estate market to understand trends and prices. Talk to real estate agents, developers, and local experts to get valuable insights. Compare several plots before making a final decision.

7. Hire Experts

It is often helpful to hire professionals to assist in your evaluation:

• • Surveyors: To assess the exact boundaries and characteristics of the land.

• • Civil Engineers: To analyze the topography and soil conditions.

• • Urban Planning Consultants: To advise on local regulations and permitting processes.

Ets Fara Mendy offer all these services, reaching out is easy!

Conclusion

Choosing the right land for your real estate project is an essential step that requires careful evaluation and thorough planning. By following these expert tips, you can identify a plot that meets your needs and maximize the chances of your project’s success. Remember that each project is unique, so take the time to conduct in-depth research and consult professionals to make the best possible choice.

For more information and personalized advice, do not hesitate to contact our experts at Ets Fara Mendy. We are here to support you at every step of your real estate project.