Property for sale in Sierra Leone

1/ Capital: Freetown

Is the capital and largest city of Sierra Leone, and a major port on the Atlantic Ocean. The city is located in the Western Area of Sierra Leone. Freetown is the hub of the nation's administrative, financial, educational, communications, cultural and economic center. The city had an estimated population of 1,070,200

2/ Country: Sierra Leone

Is a country in West Africa. It is bordered by Guinea in the northeast, Liberia in the southeast, and the Atlantic Ocean in the southwest.

3/ Property for sale in Sierra Leone

Sierra Leone , situated between Guinea and Liberia, ended its civil war in January 2002. Nonetheless, the security situation remains volatile, and the root causes of the civil war - poverty, tribal rivalry, and corruption - have not been addressed.

Foreigners cannot own Property for sale in Sierra Leone under either of the two systems but, can lease, for up to 99 years

There are two types of land tenure inherited from colonial times. Colonial Land is a freehold system existing in Freetown and the Western Area. Customary Land is a leasehold system, which prevails throughout the rest of the country. There is no land titling system to validate property rights. Because it can be difficult to verify ownership, land is often sold or leased illegally, thus restricting and complicating investment.

Sierra Leonean citizens can acquire private property (in Freetown and the Western Area only) in a fairly straightforward fashion. State properties can be obtained from the State Lands Committee and the Ministry of Lands via a bureaucratic process that typically takes 65-70 business days. Under the Customary Land system, an investor can lease land by entering into a “joint venture” for economic purposes with the local paramount chief who controls the properties in his district. This system is designed to protect the livelihood of indigenous traditional users of the property – householders, subsistence farmers, herders, and small producers.