Luxury resort developments fall into several distinct types, each catering to different locations and experiences that buyers or real estate investors are looking for.
Beachfront resorts, as the name implies offer ocean views, with private villas, and luxury style residences that can come with features such as infinity pools, spa services, water sports, and fine dining, either within the resort of nearby.
Mountain location & ski resorts offer such accommodations as chalets and lodges, and can come with heated pools, après-ski experiences, gourmet restaurants, all for buyers seeking high-up locations and especially winter sports adventures.
The modern approach for some real estate developers is to focus on wellness & spa resorts that can provide meditation gardens, yoga pavilions, detox programs, organic cuisine and rejuvenating spa treatments.
For buyers and investors with significant monetary resources, private island resorts are an option that provides high-net-worth individuals with exclusive use of a private island, offering utmost privacy and often higher security.
Green or eco-luxury resorts use such facilities a solar energy, water conservation, eco-friendly construction, locally-sourced food, and nature tours, yet still offering luxury homes and villas to purchase, but without compromising on sustainability.
One could not talk about luxury resorts without mentioning golf resorts, where top end luxury homes, villas, condos and estate homes all center around world-class golf courses. This market is of high interest to golf enthusiasts seeking high-end courses and related services that a golf resort can bring.
Into the 21st Century comes the concept of very luxurious desert resorts, that provide oasis-like experiences, encompassing private villas, infinity pools with desert views, camel rides, stargazing and luxurious spas.
Each type of exampled luxury resort aims to offer unique, luxurious experiences to the owners. These sought-after experiences are also attractive to investors, who appreciate that there can be significant returns on investing within this special real estate market sector.
Why Buy or Invest in New Real Estate Developments in Benin.
Benin, located in West Africa, has seen steady economic growth, particularly in sectors like agriculture, services, and infrastructure development. The government’s push towards modernization, improving trade relations, and diversifying its economy can contribute to an increasingly stable and profitable environment for real estate investment.
As urban centers grow, there’s an increasing need for both residential and commercial real estate. With the rise in businesses, international companies, and tourism, the demand for office spaces, hotels, and retail outlets has expanded. Residential areas close to commercial zones also experience growing interest from those seeking proximity to their workplaces.
Benin is rich in culture and history, with attractions such as the Royal Palaces of Abomey, Pendjari National Park, and the Slave Route. As the tourism sector develops, there’s potential for significant returns on investments in hospitality and short-term rental properties like hotels and resorts, especially in tourist-heavy areas.
Benin offers incentives for foreign investors in certain sectors, including real estate. As part of the West African Economic and Monetary Union (WAEMU), the country benefits from a shared currency (the CFA franc) and regional economic stability, which is attractive to investors looking to enter the African market.
Investing in new real estate developments in Benin provides a range of opportunities, driven by the country’s economic growth, urbanization, infrastructure development, and increasing demand for both residential and commercial spaces. Whether you're considering long-term capital appreciation or rental income, Benin's real estate market offers various avenues for profitable investments.
