NewReal Estate · Multi-Use

Newly Built 8 Apartments + 4 Large Stores, Bijilo

Bijilo · The Gambia · West Africa

A fully built, income-generating mixed-use estate on the main tarmac highway through Bijilo: eight new apartments, four ground-floor warehouses/shops and a caretaker's house on a 1,336 m² plot, three minutes from Bijilo Beach.

Full price

€1,300,000

Full Acquisition

This asset is offered as a single, whole-property acquisition. Blockx structures the purchase, handles due diligence and manages the asset on your behalf.

Total value
€1,300,000
Expected return
7.5%-10% est. gross yield
Holding period
By mandate
Target raise
By arrangement

About this project

This exceptional development sits on a 1,336 m² leasehold plot on the main tarmac highway through Bijilo and comprises eight modern apartments across two floors, four ground-floor commercial warehouses/shops, and a self-contained caretaker's house. Everything is brand new and built to a high standard under European supervision, with full infrastructure already in place including two boreholes, two septic tanks, and two independent stairwells. There is also the option to acquire half of the property (four apartments and two warehouses/stores).

Residential units. Apartments A1 and A2 are the flagship homes on the first and second floor: two premium three-bedroom apartments of 121 m² each, where every bedroom has its own en-suite bathroom and the master bedroom opens onto a private 7 m² terrace, alongside a spacious living room, fully fitted kitchen, store room, guest toilet and a generous 10.8 m² main terrace. Apartments B1, B2, C1 and C2 are four three-bedroom homes of 116 m² each, all with three en-suite bedrooms, living room, kitchen, store, guest toilet, entrance hall and a 10.8 m² terrace. Apartments D1 and D2 are two-bedroom homes of 93 m² each with en-suite bedrooms, living room, kitchen, store, guest toilet and a 10.8 m² terrace.

Commercial units. Four ground-floor stores, warehouses or shops offer excellent main-road visibility and footfall. Units A0, B0 and C0 measure 107-108 m² each and unit D0 measures 70 m². Each unit has a private toilet and double doors, and is suitable for retail, storage, office or workshop use.

Additional facilities. A caretaker's house with en-suite bedroom, living room, store and additional toilet with shower; two boreholes ensuring year-round water supply; two septic tanks; two independent stairwells serving all floors; and a fully enclosed plot.

Location. The estate stands directly on the main tarmac highway through Bijilo towards Sukuta, a three-minute drive from Bijilo Beach. The Senegambia Strip and Kololi entertainment area are five minutes away and Banjul International Airport is approximately fifteen minutes, with direct access to the Senegambia, Brufut and Sukuta highways.

Investment potential. With eight apartments and four commercial units, the property offers two diversified income streams from day one. Estimated gross annual rental income is EUR 54,000-67,000, a yield of approximately 4.2-5.2% at the asking price, with scope towards 7.5-10% as the commercial units are let at market rents. Gambia's rental market is growing at 5-7% annually in prime areas, with values projected to appreciate steadily through 2028. Tenure is leasehold and the estate is ready for immediate occupation.

Project film

Features & amenities

  • Four ground-floor warehouses / shops (107-108 m², one of 70 m²)
  • Eight apartments: six three-bedroom, two two-bedroom
  • All bedrooms en-suite, plus guest toilets
  • 1,336 m² enclosed leasehold plot, 3-storey building
  • Direct frontage on the main Bijilo tarmac highway
  • Three-minute drive to Bijilo Beach
  • Front shop space with main-road footfall
  • Private terraces and balconies to every apartment
  • Two boreholes and two septic tanks
  • Electricity connected
  • Secure on-site parking
  • Self-contained caretaker's house
  • Est. gross rental income EUR 54,000-67,000 per year
  • Five minutes to Senegambia and Kololi, 15 to the airport
  • Leasehold tenure, brand new and ready for occupation

Location

Bijilo · The Gambia · West AfricaOpen in Google Maps

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