Often dubbed the “Indian Ocean’s best-kept secret,” Madagascar presents a compelling opportunity for international investors seeking affordability. With an expansive coastline spanning over 4,800 kilometers and a rapidly expanding urban population, the island offers a real estate market where property prices remain a fraction of those found in neighboring Mauritius or the Seychelles. While...
February 2026
The residential property market in Madagascar is currently standing at a pivotal crossroads. As we move through 2025, the sector has transitioned into a high-growth phase driven by a 4.2% projected GDP increase and a rapidly urbanizing population that is now estimated at 33.5 million. While structural challenges, such as an informal land registry and limited traditional financing, persist, they have...