The real estate market in Africa reflects the economic conditions and living standards of different countries. Some neighbourhoods stand out as the most expensive, attracting wealthy individuals and families.
These areas have high property values due to factors such as economic growth, infrastructure, and historical significance. They are popular with both local and international buyers.
Cities like Lagos, Nairobi, and Johannesburg have some of the most sought-after neighbourhoods. The growing demand for these properties reflects urban expansion and rising wealth in certain groups.
Read also: 9 most expensive African neighbourhoods
As Africa continues to develop, the real estate market will show changes in urban living and investment patterns.
According to Numbeo, here are the top 9 most expensive neighbourhoods in Africa in 2025
1. Mauritius – $2,671.57
Mauritius leads the list, with its high property costs driven by a robust economy and a focus on luxury developments. The island nation’s appeal to international investors and expatriates shapes its property market.
2. Nigeria – $1,499.46
In Nigeria, premium neighbourhoods dominate the real estate market, particularly in Lagos and Abuja. Areas like Ikoyi, Victoria Island, and Maitama are known for their high property prices due to demand from businesses, expatriates, and affluent locals.
Read also: Top 10 most expensive cities in Africa – Prices in USD/m²
3. Kenya – $1,385.08
Kenya’s most expensive properties are concentrated in Nairobi’s exclusive neighbourhoods like Karen and Runda. These areas attract high-net-worth individuals seeking spacious homes and proximity to business districts.
4. Morocco – $1,375.26
In Morocco, cities like Casablanca and Marrakech offer premium housing options. The blend of cultural heritage and modern infrastructure drives property demand in these locations, especially among international buyers.
Read also: Five African countries with the most expensive housing markets in mid-2024
5. Algeria – $1,209.43
Algeria’s upscale neighbourhoods are primarily in Algiers. The city’s strategic importance and the availability of premium real estate contribute to the high property values.
6. South Africa – $959.58
South Africa’s most expensive properties are located in Cape Town and Johannesburg. Neighbourhoods like Camps Bay and Sandton are known for their high-end homes and strong demand from domestic and international buyers.
Read also: 10 most expensive houses in the world
7. Tunisia – $926.89
Tunisia’s luxury properties are mostly found in the capital, Tunis. Proximity to business centres and cultural landmarks makes these neighbourhoods highly sought after by both locals and foreigners.
8. Libya – $727.27
Despite political challenges, Libya’s property market retains value in areas like Tripoli. The demand for high-quality housing among professionals and businesses keeps prices competitive in these regions.
9. Egypt – $622.97
Cairo hosts Egypt’s most expensive neighbourhoods, including Zamalek and New Cairo. These areas are popular for their proximity to commercial hubs and educational institutions, which appeal to families and business professionals.
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