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Djibouti is a small country located in the Horn of Africa, bordered by Eritrea, Ethiopia, and Somalia. The real estate market in Djibouti is relatively small and underdeveloped, with limited opportunities for investment.

The residential property market in Djibouti is primarily driven by demand from the expat community and the military presence in the country. The high cost of living in Djibouti means that most locals cannot afford to purchase property, and there is a limited rental market.

The commercial real estate market in Djibouti is also limited, with most businesses operating out of rented spaces. The country's main port and strategic location have attracted some foreign investment in recent years, with new hotels and commercial developments being built.

However, the Djiboutian government has implemented strict regulations on foreign investment in the real estate sector, making it difficult for foreign investors to enter the market. There are also concerns about corruption and the lack of clear property rights, which can create uncertainty around real estate ownership.

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