Trends in the real estate sector Douala 1st
Geographic location:
Located in the city of Douala, the district of Douala I is limited:
- To the West and North-West by the Wouri river and the Mbanya river which separates it from the district of Douala V.
- To the East by the Mboppi river which separates it from Douala III th
- The place called Shell New Bell is the limit that separates Douala I from Douala II
Demography:
Douala, I has approximately 600,000 inhabitants spread across the cantons Akwa, Bell and Deido. This population covers an area of around 1,300 hectares and a density of 2.18 hbts / m². Douala I has within it an administrative district (Bonandjo), residential districts (Bali, Bonapriso, etc.) and a business district (Akwa).
Economy:
Douala Premier is the gateway to Cameroon and the CEMAC sub-region. In geo-economics terms, this arrondissement has an airport that handles nearly 17,500 flights a year and a port (Port Autonome de Douala, abbreviated as PAD) which constitutes a veritable economic lung of the CEMAC zone. It is by far the busiest port in sub-Saharan Africa.
Similarly, there are four markets (the Sandaga, New Deido, Saker and Mboppi markets). The Mboppi market in particular is the largest agrifood market in Central Africa. All supermarkets and supermarkets in the country are located there: Super-U, Casino, Eco-market, Spar, FOKOU, among others. It is also noted that Douala I is the place par excellence of establishment of multinationals like the SABC, ZTE, Scheider, Medcem, Dangote Cement, PWC, KPNG and COTCO. In addition, Douala I shelters the head offices of all the banking institutions of Cameroon in particular SGC, Afriland First Bank, UBA, ECOBANK, CITYBANK, Atlantic Bank, BICEC, SCB and NFC Bank.
Finally, it has the largest hotel infrastructures in the city such as Le Méridien, Star-Land Hôtel, Futuris Hôtel, Pulmann Hôtel, IBIS Hôtel, among others; without forgetting the two future first 5-star hotels in the city, Djeuga Palace and Crystal Palace, under construction. Douala I is also 200 km of paved roads. All these elements make this district one of the most attractive districts in the real estate sector because its land potential is attractive.
Politics and administration:
It must be emphasized that all regional and departmental delegations are established in the district of Douala Ier. The representations of the foreign countries in particular all the consulates are established in the same district. It is also the location of the seats of political parties.
Social:
The cosmopolitanism of the Douala I district is characterized by its intermingling of cultures and social classes, materialized by the quality of the various infrastructures. Indeed, most foreigners established in the city of Douala reside there, which makes it a mosaic-like district with a cosmopolitan atmosphere.
LAND POTENTIAL BY ZONES IN THE BOROUGH OF DOUALA 1st
Zones | Vente/m² | Location bureau/m² | Location terrain/m² | |
AKWA | Bd de la Liberté | 1000000 | 11000 – 16000 | 11000 |
Bd Ahmadou Ahidjo | 700000 | 8000 -11000 | 8000 | |
Bd de la République | 700000 | 8000 – 11000 | 8000 | |
Bd de l’Unité | 500000 | 5000 – 8000 | 5000 | |
BONAPRISO | Avenue De Gaulle | 800000 | 11000 – 14000 | 10000 |
Hydrocarbure | 900000 | 11000 – 14000 | 12000 | |
BONANJO | 1000000 | 11000 – 14000 | 11000 | |
BALI-KOUMASSI | 500000 | 7000 – 11000 | 6000 | |
NEW DEIDO – DEIDO –BESSENGUE | 250000 | 2500 – 4000 | 3000 | |
AUTRES | 100000 | 1500-2000 |