Cameroon puts disputed Djeuga Palace site in Douala up for auction at CFA5.5bn
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The Cameroonian state is auctioning the 10,704-square-metre Douala site occupied by the unfinished Djeuga Palace hotel project, with a starting price of CFA5.5 billion.
Cameroon has put up for auction the disputed Douala property occupied by Société hôtelière Djeuga Palace, whose hotel development on the site has remained unfinished for years. Cabinet Conseil Atou, acting on behalf of the Cameroonian state, scheduled the sale of the former Régifercam property at Giratoire Joss in Douala's Bonadibong district, according to an auction notice reviewed by Business in Cameroon.
The notice describes a developed urban property covering 1 hectare, 7 ares and 4 centiares, or 10,704 square metres, under land title No. 2716/WA, bordered by Boulevard de la Liberté to the north and Rue Koumassi to the east. The references are identical to those in the formal notice served on Djeuga Palace, confirming the auction concerns real estate claimed by the state rather than the hotel company itself or its business assets.
The eviction process began with a notice to vacate served at Djeuga Palace's Douala premises on 21 August 2026, based on an enforceable copy of emergency order No. 506/H issued on 23 July 2026 by the Douala-Bonanjo Court of First Instance, which gave the company 48 hours to leave the property. The auction notice states that the government will ensure the buyer obtains effective possession of the property and provides, if necessary, for the cost of demolishing the structure currently on the site.
The property has for years housed the building intended for the Djeuga Palace project in Douala, which was described as practically complete in 2018 but remained unfinished eight years later. In a statement published on 6 July 2026 in defence of developer Jean-Claude Feutheu, his counsel referred to a temporary suspension of construction and said the technical and financial resources were available to restart the work.
Based on the stated surface area, the CFA5.5 billion starting price works out to about CFA513,827 per square metre, a figure the notice does not present as an official valuation. The auction is scheduled for 11 a.m. before Douala notary Jean-Jacques Moukory Evango, prospective bidders must first lodge a CFA50 million deposit, and the final price must be paid to the Treasury within eight days of the sale.