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Real Estate In Ethiopia

Real Estate scene in Addis Ababa is changing everyday. If you visited Addis Ababa 5 years ago and you come back today, you will be amazed as to how many high rise buildings popped up in Addis skyline. Many bank buildings, insurance buildings 30 stories high, like in the west is being built in the business district of the city.

So many apartment buildings are also built or under construction all over town. Many real estate companies like Noah Real Estate, Evergrand Real Estate, Metropolitan Real Estate, have multiple sites finished and delivered to customers or in the construction stage soon to be finished and sold or rented. There are also many individuals building apartments, guest houses, villas and hotels everyday.

As you visit those real estate sites, you will realize that the quality of the construction is also increasing day by day. Real Estate companies like Metropolitan Real Estate PLC owned by Turkish American investors are building luxury apartments with all materials and finishing labor brought from Turkey. Varnero apartments and villas built in Lebu makes you feel like you are in Italy as you enter the compound. Many local builders are also utilizing foreign workers to increase their building quality as well.

Buyers are also demanding better construction quality, better finishing for the homes they are searching.

We can help you find your perfect apartment, villa, land or commercial property suitable for your budget. Call us at +251 911783515, we are here to help!

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Looking For a Home In Addis Ababa?

There are so many apartments being built in different parts of Addis Ababa that fits every budget. There is a growing demand for apartments in town and the government is also encouraging land owners and builders to build high rise apartments due to the fast growing population of Addis Ababa. Even many NGOs and embassies are demanding their employees to rent an apartment versus villas due to security reasons as well as many amenities they offer like backup generators for uninterrupted power, gyms, spas etc. Apartments are generally more affordable to buy and rent compared to villas.

Government builds many condos all around town to meet the demand for affordable housing whereas privateĀ  builders are usually catering to buyers looking for more luxury apartments which offer elevators, generators, better finishing and safer buildings.

Apartments built by private developers are selling anywhere from 25000 ETB per sqm up to 55000 ETB.

You can find more affordable apartments usually on the outskirts of town like CMC, Ayat, Summit, Lebu etc, while more central and desirable locations like Bole, Sarbet etc. have apartments with higher prices per sqm

Whatever your budget is, we can help you find the right apartment in Addis Ababa. Call us at +251 911783515, we are ready to hel