Property Management Agency in Cameroon

Number 1 Property Management Agency in Cameroon

If you are looking forward to buying a land or constructing in Cameroon, wisdom construction enterprise is here to help you. We have a dynamic team of real estate experts to assist you.

What Is Property Management?

The term property management refers to the act of overseeing and managing real estate by third-party property management firms. It typically involves the management of property owned by another party or entity. These can be residential, commercial, and industrial real estate, and are normally investment properties such as apartments, detached houses, condominium units, and shopping centers. Property managers act on behalf of owners to preserve the value of the property while generating income.

Property owners hire property management firms for various reasons. Some owners may have multiple rental properties in their portfolios and lack the time or expertise to maintain the properties and deal with tenants. Some owners only have an interest in owning rental properties and earning profits from them. When this is the case, they hire professional property managers. Absentee landlords also make use of property management services.

Certain real estate brokers may also operate as property managers. For example, a broker in a resort town may provide buyer and seller agent services, as well as property management services. When this is the case, the real estate broker also lists, shows, and leases vacation rentals.

Wisdom Construction Enterprise the Number 1 Property Management Agency in Cameroon helps her clients to better manage their properties

Houses and Land are available for Sale. We also have landed Properties for rent

Cameroon Real Estate Market.

Cameroon Real Estate Market.

If you are looking forward to buying a land or constructing in Cameroon, wisdom construction enterprise is here to help you. We have a dynamic team of real estate experts to assist you.

If you are looking for a place to invest in Africa and have overlooked Cameroon, you do not know what you are missing!

Cameroon is a lower-middle-income country with a population of over 25 million (2018). Located along the Atlantic Ocean, it shares its borders with Chad, the Central African Republic (CAR), Equatorial Guinea, Gabon, and Nigeria. Two of its border regions with Nigeria (northwest and southwest) are Anglophone, while the rest of the country is Francophone. Cameroon is endowed with rich natural resources, including oil and gas, minerals, high-value species of timber, and agricultural products, such as coffee, cotton, cocoa, maize, and cassava.

Social Context

Because its poverty reduction rate is lagging behind its population growth rate, the overall number of poor in Cameroon increased by 12% to 8.1 million between 2007 and 2014, and poverty is increasingly concentrated, with 56% of poor living in the northern regions.

Economic Overview

Cameroon is the largest economy in the Central African Economic and Monetary Community (CEMAC), a region experiencing an economic crisis triggered by the steep fall in oil prices. Along with its CEMAC partners, Cameroon has therefore had to put fiscal adjustment measures in place to adjust to the terms of trade shock and restore macro-stability and confidence in the common currency.