JLL MENA real estate services in Mauritania
Located south of Morocco, Mauritania has two major cities: Nouakchott & Nouadhibou. Nouakchott, the capital, has approximately 850,000 people while the economic capital Nouadhibou, has a population of approximately 120,000. The major contributors to the economy are exports of iron ore and fish.
The real estate market in the country is largely undeveloped with apparent disparities in terms of standard of living. A number of initiatives are under study relating to the overall infrastructure provisions, including the development of a zoning plan for Nouakchott, a new water treatment plan and the upgrading of Mauritania’s power generating capacity. This plan is expected to open the door to real estate investment and development as the country is undersupplied with quality real estate products.