Register Freehold Property & Leasehold Land In Gambia
Land in the Gambia is registered at the Property Registry, an organisation just like the English Land Registry. Here you can confirm immediately whether the seller owns the property free of any liens and encumbrances. However, there is still plenty of land and property which remains as yet unregistered.
To avoid any ensuing confusion it is necessary for purchasers or sellers to understand the difference between the terms freehold and leasehold used both there and in Gambia. These terms have very different implications in Gambia to those in Europe. In Gambia there is no such thing as absolute ownership of land and property.
This is because all the land is ultimately owned by the Government and is leased to any private purchaser for a period of 99 years but this confusingly DOES NOT constitute leasehold land. This land or property can be either leasehold or freehold depending on whether or not it has been registered at the Property Registry
If it is unregistered it has a freehold status, whereas registered land or property is denoted leasehold. It is important to register previously freehold land or property as leasehold at the Property Registry during the purchasing process thus documenting your unequivocal ownership of the same
Buying Freehold Land & Leasehold Properties In Gambia
Preparation Is The Key Message – Going to look at a piece of land or compound for sale in The Gambia should be the LAST stage in the process, not the first. The process of buying a property – whether for your personal use or as an investment – SHOULD start with thorough preparation. This will save you a lot of wasted time AND money. We STRONGLY recommend that you make contact with us BEFORE you go to look at any property.
That way we can deal with all of the key issues calmly and clearly, before you get involved in the rush and pressure always associated with buying a specific property anywhere in the world.
Our Gambia real estate sales list changes frequently and we recommend that you register with us so that we can look after you personally and contact you immediately that we are aware of a property investment in Gambia that may meet your requirements.
This can result in lost deposits due to confusion during the buying process, and could lead to wasted conveyancing costs and lawyers and surveyors fees.
With our assistance, buying a property in The Gambia will be easy.
If you are not seriously considering buying in the Gambia yet, but would like some information, you will find general information about buying a house, apartment or land in the Gambia on this site.
Or contact us to get an up to the minute listing of all the best properties for sale in Gambia based on your budget and needs.