Buying land or real estate in Cameroon can be a great investment—but it comes with risks if you’re not careful. As a real estate consult...
Buying land or real estate in Cameroon can be a great investment—but it comes with risks if you’re not careful.
As a real estate consultant in Limbe, Cameroon, I’ve seen many buyers make avoidable mistakes that cost them time, money, and peace of mind.
Here are the four most common mistakes to avoid when purchasing property in Cameroon.
1. Not Doing Your Due Diligence
Your hard-earned money is on the line, so it’s essential to verify everything before buying.
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Ask questions: Make sure you understand the property, its history, and any potential legal issues.
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Check survey plans: Request a survey plan for the land and verify it at the Ministry of Lands to ensure it’s properly registered.
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Only after confirming the registration should you proceed with the purchase.
2. Not Conducting a Physical Inspection
Never buy property without seeing it first. Physical or virtual inspections are critical:
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You may find that the land is in a swampy area, has high-tension cables passing through it, or is in a steep location—all red flags that can indicate government-owned land or untitled property.
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Verify landmarks and beacons during the inspection to ensure the property matches the description.
Even if you are abroad, a trusted virtual inspection can save you from major pitfalls.
3. Paying Cash Without Traceable Proof
Avoid paying cash directly to sellers or through a realtor:
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Ensure that the real estate company has a corporate bank account.
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Make payments through a bank transfer to keep proper receipts.
This creates a traceable record and protects you in case of disputes or fraudulent claims.
4. Buying Based on Emotion
Do not let emotions guide your purchase:
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Even if a friend or relative recommends a property, it doesn’t guarantee legitimacy.
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Buying from a genuine real estate company ensures that the property is legitimate, fenced, and properly documented.
Real estate companies also help with due diligence, verify survey plans, and prevent encroachment.
Why Buying Through a Real Estate Company Helps
Genuine real estate companies provide:
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Legal and verified survey plans
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Assistance in fencing the property
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Protection against land encroachment
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Peace of mind and reduced emotional stress
By purchasing through a reputable company, you protect your investment and ensure a higher return.
Invest wisely, do your homework, and avoid these four deadly mistakes.
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