• Buy, Sell & Rent Real Estate in Ethiopia

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African urban growth is expected to be massive

African urban growth is expected to be massive

Real estate sector in Africa has been experimenting an impressive growth. On average, 10,000 accommodations miss each year in most of these countries, and despite some governmental endeavors, the shortfall is still important. According to several studies, African population is going to increase over threefold during the next 40 years. This demographic growth will inevitably […]

Ethiopia: Radical Redesign in Housing needed as Addis Ababa runs out Space

Ethiopia: Radical Redesign in Housing needed as Addis Ababa runs out Space

Ethiopia is among the leading countries in Africa with massive construction of housing schemes. These schemes are concentrated in Addis Ababa, with the government trying to cater for the ever-growing urban population. The ability for the Ethiopian government to solve the relenting urban housing demand is uncertain with the forecasted doubling of the current population […]

Ethiopia: Construction of more 8,428 Condo Houses-Enterprise

Ethiopia: Construction of more 8,428 Condo Houses-Enterprise

Additional 8,428 homes will be constructed in Bole District, Addis Ababa under the middle-income housing scheme. The houses will be built on a 38ha land acquired by the Addis Ababa Savings & Houses Development Enterprise (AASHDE) from the City Administration. The project will feature 54 buildings in which the new homes will be enclosed in […]

Ethiopia: New List of Shops up for the coming Auction

Ethiopia: New List of Shops up for the coming Auction

The Addis Ababa City Housing Agency has earmarked 1,050 shops located across the city for auction. This auction will be on its 15th round in Addis Ababa. The shops to be auctioned are located in low-cost condominium housing schemes spread across four sub cities including Yeka, Akaki Kality, Bole and Kolfe Keranio areas. In Bole, […]

Ethiopia: Escalating Prices Condo Shops excluding Smaller Players

Ethiopia: Escalating Prices Condo Shops excluding Smaller Players

The price of condominium shops up for auction are constantly rising making individuals who are interested unable to afford them. The prices shops on the bottom floors of condominiums are ever highest and mainly taken by banks and companies who make better offers. Brokers and real estate companies are usually the highest benefits of such […]

Ethiopia: The Role of Government and Private Sector in Housing Development

Ethiopia: The Role of Government and Private Sector in Housing Development

Ethiopia’s construction sector is one of the significant economic pillars in the country. Information acquired from the Ministry of Construction indicated that the real estate and other construction contributed 12.5 percent in Gross Domestic Product. With increased public demand for residence, the government has been engaged in addressing such issues by employing several condominium house […]

Kenya: The stagnating real estate sector

Kenya: The stagnating real estate sector

The once rapidly growing real estate sector in Kenya may soon come to a stall. The housing industry is currently facing challenges a shortage of affordable housing for the high demand with signs of oversaturation of properties. At a glance, the real estate growth is quite visible especially in the country’s capital, Nairobi City. Many […]

Ethiopia Enlarges its Taste for Real Estates

Ethiopia Enlarges its Taste for Real Estates

Ethiopia has witnessed an increase in the capacity of its citizens to afford stately housing. A land once ravaged by the onslaught of natural calamities like drought is now seeing better days. Areas where nothing but agricultural land predominated are now being populated with top class housing this is the development in the elite suburb […]