Real Estate - Chad

Chad

The Real Estate market market in Chad is expected to reach a value of US$117.10bn in 2024.
Among the different segments, Residential Real Estate dominates with a projected market volume of US$106.60bn in the same year.
This segment is anticipated to experience an annual growth rate of 5.01% from 2024 to 2028, resulting in a market volume of US$142.40bn by 2028.
In comparison to other countries, China is projected to generate the highest value in the Real Estate market market, with US$135.70tn in 2024.
Chad's real estate market is experiencing a surge in demand for residential properties due to the country's growing population and urbanization.

Key regions: United States, China, Japan, Germany, United Kingdom

Market

Region

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Analyst Opinion

The Real Estate market in Chad has been experiencing significant growth and development in recent years. Customer preferences, local special circumstances, and underlying macroeconomic factors have all contributed to the positive trends in the market. Customer preferences in Chad have shifted towards investing in real estate due to the stability and potential for long-term returns. With limited investment options available in the country, many individuals and businesses have turned to the real estate market as a way to diversify their portfolios and generate income. Additionally, the demand for housing has been increasing as the population grows, leading to a higher demand for residential properties. Trends in the market indicate a rise in property prices and an increase in construction activities. The limited supply of land and properties has driven up prices, making real estate a lucrative investment option. This trend is expected to continue as the population continues to grow and urbanization intensifies. Furthermore, the government has implemented policies to attract foreign investment in the real estate sector, which has contributed to the increase in construction activities. Local special circumstances, such as the country's geographical location and natural resources, have also played a role in the development of the real estate market. Chad is located in a strategic position in Central Africa, making it an attractive destination for investors looking to establish a presence in the region. Additionally, the country has significant oil reserves, which have contributed to economic growth and increased demand for commercial properties. Underlying macroeconomic factors have also supported the growth of the real estate market in Chad. The country has experienced stable economic growth in recent years, driven by sectors such as oil, agriculture, and mining. This has created a favorable business environment and increased purchasing power, leading to higher demand for real estate. Additionally, the government has implemented policies to promote infrastructure development, such as the construction of roads and housing projects, which has further stimulated the real estate market. In conclusion, the Real Estate market in Chad has experienced significant growth and development due to customer preferences, local special circumstances, and underlying macroeconomic factors. The shift in customer preferences towards real estate investment, the country's strategic location and natural resources, and the stable macroeconomic environment have all contributed to the positive trends in the market. As the population continues to grow and the government continues to promote investment in the sector, the real estate market in Chad is expected to continue its upward trajectory.

Methodology

Data coverage:

Figures are based on value of residential and commercial real estate, average real estate value, residential estate transactions and leases.

Modeling approach / Market size:

Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use data from international organizations and industry associations. Next we use relevant key market indicators and data from country-specific associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing. The main drivers are GDP per capita, population, number of renter and owner households, price level index, housing consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war are considered at a country-specific level.