Real Estate Listings in Madagascar

Introduction

Madagascar’s real estate market is evolving rapidly, supported by growing urbanization, infrastructure development, and rising foreign and diaspora investments.

From the bustling capital Antananarivo to the scenic coastal cities of Nosy Be, Toamasina, and Mahajanga, Afrirentals connects property owners, renters, and investors through secure, verified listings.

Whether you’re looking for a beachfront villa, a family apartment, or commercial land, Afrirentals helps you reach trusted tenants and buyers across Africa and beyond.

1. Overview of the Real Estate Market

Madagascar’s property market combines residential demand with high tourism-driven investment.

Key insights:

• Antananarivo leads in urban apartment and office rentals.
• Nosy Be, Toamasina, and Fort-Dauphin attract hotel, villa, and vacation home investments.
• Diaspora investors are driving suburban and rural property developments.
• The government’s reforms are improving land registration and ownership transparency.

Afrirentals bridges local and international interest, making Madagascar’s property market more accessible and reliable.

2. Main Cities and Property Hotspots

• Antananarivo: Capital city and center for residential and office rentals.
• Nosy Be: Luxury and tourism properties dominate this island hub.
• Toamasina: Major port city with growing residential and commercial activity.
• Mahajanga: Coastal area with affordable housing and tourist villas.
• Fort-Dauphin (Taolagnaro): Expanding tourism zone with increasing rental potential.

3. Property Types and Typical Prices (2025)

• 1-Bedroom Apartment: $200 – $350 / month
• 2-Bedroom Apartment: $350 – $600 / month
• 3-Bedroom House / Villa: $600 – $1 200 / month
• Office / Commercial Property: $700 – $1 800 / month
• Land Plot: $15 000 – $90 000 depending on proximity to coast or city center

4. Tips for Tenants and Landlords

For Tenants

• Verify property ownership documents before signing a lease.
• Use Afrirentals to find verified listings and avoid fraud.
• Consider access to water, power, and internet — essential in Madagascar.
• Review rental prices in multiple districts to ensure fair value.

For Landlords

• Post detailed listings with professional-quality photos.
• Highlight key features such as sea views, solar systems, or furnished interiors.
• Offer flexible lease durations for tourists and expats.
• Respond quickly to tenant inquiries to boost visibility.

5. Why Use Afrirentals

Afrirentals simplifies real estate management for Madagascar’s property market.

• Free 30-day trial for property listings.
• Verified system for secure transactions.
• Access to local tenants and international investors.
• Dashboard for easy listing management.
• Commission-free and multilingual support.

Conclusion

Whether it’s a villa in Nosy Be or an apartment in Antananarivo, Afrirentals.com is your trusted partner for verified real estate listings in Madagascar.

List today and connect with tenants and investors across the continent.