Addis Ababa,Ethiopia’s capital city is the biggest business and diplomatic centre in the country. Driven by the concentration of capital in the city both from local and international sources, it has achieved rapideconomic development and real estate has been one of the sectors which has registered strong growth over the last two decades. Both domestic migration (rural to urban and inter-city migration) and international migration have continued to increase the population of the city year after year. As a result, Ethiopian Properties’ experts forecast that the real estate market in Addis Ababa will continue to enjoy rapid growth in the coming years.Ethiopian Properties is home of the leading realtors in Addis Ababa, Ethiopia. They cater their services toboth domestic and international clients at individual and institutional levels.
People who haven’t visited Addis Ababa in the last decade or so may wrongly think of the city as being nothing more than an underdevelopedplace filled with slums, trash and overflowing sewerage. What they don’t realize is that the city has made significant strides toward modernism and better hygiene in the last decade. It has by no means remained as backward and isolated asit was two or three decades ago.In contrary, the city seems determined to liveup to its name, which means “New Flower” in Amharic, a local language. In the last few years,manufacturing industries, construction and service sectors have boomed in the city.The city has also heavily investedin developing its infrastructure, which shows the forward looking approach of the city’sadministration when it comes to developing the city.
These factors coupled with the favorable investment environment in the city have resulted in massive real estate development in the city since the early days of the new century.As you fly into Addis you can’t help it but get astounded by thescenes of the city, which looks like a giant constructionsite. These are exciting times to invest in real estate in Addis Ababa. Encouraged by strong demand, local developersas well as international developers from the United Arab Emirates, Qatar, China, Germany and many other countries have launched big development projects that will change the city for once and for all.These developers rely on experienced real estate experts for market research and feasibility studies at the outset of their projects. They also use real estate platforms managed by professional real estate brokers to market their properties.
Apart from catering their services to the needs of institutional clients and big developers, the top real estate professionals based in Addis Ababa extend their services to individual property owners and potential investors. Nearly 95% of property owners seek help from professional real estate brokers to sell their properties as they know that selling a home takes time, knowledge of the neighborhood, and negotiation skills. It is the same in case of a purchaser or clients that need a property on rent or lease. So, while selling or purchasing a home or apartment in Addis Ababa, you must consider hiringa trusted and knowledgeablerealtor to help you make a wise decision.
Buying or leasing a home or commercial space in Addis Ababa, Ethiopia isone of the biggest financial decisions you will ever makein your lifetime as real estate prices in Addis Ababa are among the highest in the world.There are many unique features about the Addis Ababa real estate market. That’s why getting a perspective of an experienced local expert is an advantage. However, you need to be very careful when you choose a realtorin Addis Ababa as there are many unregistered “brokers” engaged in fraudulent activities in and around the city.Companies like Ethiopian Properties, which have been in real estate for over a decade and have vast experience in the industry offer advisory services to a wide array of clients. They also understand the ups and downs of the bureaucracy and ensure a smooth home buying process. Their website, Ethiopianproperties.com hasworld class features and landlords, buyers and tenants can all benefit greatly from using the platform. They have the best software or email system to correspond with clients with new listings as soon as they hit the market.
“There has been a tremendous growth in the real estate market in Addis Ababa, Ethiopia since the start of the 21stcentury.International business people, aid workers employed by NGOs,diplomats, and otherprofessional expatsdepend on realtors in Addis Ababa to streamline their home and office searching activities. Most of our international clientsseek properties for lease or rent but the number of foreigners and international organizations seeking to purchase a home or commercial space is showing significant increase year after year. We have served hundreds of satisfied individual and corporate clients since 2008and we have a proven track record in supporting home buyers, sellers and tenants. Whether you are looking for a luxurious house for rent in Addis Ababa or apermanent place where to settle down with your family, or need a commercial place for business in Addis Ababa, our team of dedicated realtors will assist you. If you are a young professional and needa reasonably priced apartment for rent in Addis Ababa, you can also browse our website www.ethiopianproperties.comand find the most ideal apartment that suits your style and budget.” Saida spokesperson for Ethiopian Properties.
Ethiopian Properties is the company behindEthiopianproperties.com,the most popular and trusted online real estate platform in Ethiopia since 2008. Their well trained and licensed agents are experts on the Addis real estate market and have helped hundreds of local and foreign clients in meeting their real estate needs in the city. If you need help inselling your home or buy a new property or need rental facilitation servicesin Addis Ababa, you may use the below contact information to get in touch with them.
Email: [email protected]