Invest in Real Estate in Bafoussam
Bafoussam property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Bafoussam .
Search Map of Bafoussam Investment Real Estate
Bafoussam is the capital and largest city of the West Region of Cameroon, in the Bamboutos Mountains. It is the 3rd most important (financially) city in Cameroon, after Yaoundé and Douala. The communauté urbaine (Urban Community) of Bafoussam, is a decentralized territorial collectivity. Originally called Urban Commune of Bafoussam, the communauté urbaine (Urban Community) of Bafoussam, was born after the Presidential Decree N ° 2008/022 of January 17, 2008 and composed of three communes, namely: the Commune of Bafoussam I (Bafoussam proper), the Commune of Bafoussam II (Baleng) and the Commune of Bafoussam III (Bamougoum).
The city had an urban population of 347,517 inhabitants (at the 2008 Census). Bafoussam is the West Region centre of trade, and people are farming coffee, Potatoes, maize and beans. The city has also a coffee processing facility and brewery. It is the main city of the Bamiléké people and is home to the Bafoussam chief’s palace. Bafoussam is a group composed of 07 villages (Bamendzi, Banengo, Ndiangdam, Ndiangsouoh, Ndiangbou, Toukouop, Ngoueng, and Banengo city B) with 46 districts or sub-villages. The main neighborhoods of the city are Banengo, Djeleng, Famla (also called Akwa), Kamkop, Quartier Eveché, Quartier Haussa and Tamdja.
Bafoussam has two main markets (Marché A and Marché B), several internet cafés, restaurants and supermarkets, and a movie theater. Most of Bafoussam nightlife centers on the area called Akwa (so-named in honor of the neighborhood in Douala). Akwa features several bars, stores, and a live music venue, along with customary vendors of Soya (barbecue beef meat brochettes), Poisson braisé (barbecue fish) and other foods.
This is the birthplace of the football player Geremi and his 17 brothers and sisters, as well as the birthplace of his cousins Pierre Webó and Guy Kouemou.
The financial stability of Bafoussam has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.
Buy to Rent in Bafoussam
Renting out your Bafoussam buy-to-rent investment property can grow wealth and income.
Whatever your goals with investment property in Bafoussam are – preparation is key.
With our expert guidance, investing in Bafoussam provides the secure knowledge that your money is working harder than it would in a local Bafoussam bank and that future generations of your family will be left with substantial capital growth assets.
We are always happy to advise on buying investment property in Bafoussam, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Bafoussam property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.
Flipping Investment Property in Bafoussam
Flipping property in Bafoussam
Flipping property is when we advise clients to buy a Bafoussam property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Bafoussam market has a time to react to the renovation.
The Flipping Strategy in Bafoussam
Investment property flipping in Bafoussam is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Bafoussam real estate investments are sometimes referred to by professionals as ‘distressed’ Bafoussam real estate.
What is distressed Bafoussam property:
- Bafoussam property in need of renovation
- Bafoussam real estate with a change of purpose and use
- Oversold Bafoussam property
- Bank repossessions in Bafoussam
Put simply, long term investors in Bafoussam purchase the property, renovate it and make it a lot more attractive to potential buyers.
Calculate profit that you make from Bafoussam investment property flipping:
Final Selling Price less Cost of Purchase less Costs = Profit
Here is an example:
Bafoussam property purchase price: $220,000
Renovation costs: $20,000
Other costs: $25,000
Property sale price: $400,000
Experienced property developers in Bafoussam use a minimum profit value of 22% when looking at potential Bafoussam projects.
The reason for this is because there are lots that can go wrong in Bafoussam property flipping and working on a potential margin of 22% should still leave a good margin of error.
Invest through a Fund in Bafoussam
Property Secured Investments is a Private Equity fund that invests in Bafoussam and many other towns and cities across Europe. The fund is only available to Sophisticated Investors and closed to United States Citizens. While this is not an offer or promotion of the fund, more information can be found at the website
Luxury Property in Bafoussam
For luxury property investors hoping to add a superb property in Bafoussam to their luxury real estate investment portfolio, Physis Realty is a trusted partner.
A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Bafoussam, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Bafoussam should be entrusted to only the highest-quality agency.