Property Price
Ethiopia
Real Estate Calculator
- Simple calculation — average price of residential real estate, commercial real estate and industrial premises in the region
- Detailed calculation — the location of the property, the type of building, repairs and infrastructure are taken into account
You can find out the cost of PURCHASE or RENTAL:
- residential real estate: apartments and houses
- commercial real estate: offices, showrooms, shops
- industrial real estate: workshops, warehouses, hangars
The real estate market in Ethiopia has been experiencing significant growth in recent years, driven by factors such as population growth, urbanization, and increased investment in infrastructure. There has been a surge in demand for both residential and commercial properties, especially in major cities such as Addis Ababa.
However, the real estate market in Ethiopia is still relatively young and developing, and there are challenges such as inadequate infrastructure, a shortage of skilled labor, and difficulties in accessing financing. These factors can impact the quality and affordability of properties in the market.
In Addis Ababa, the most popular areas for real estate investment include Bole, Kazanchis, Old Airport, and CMC. Commercial real estate, such as office buildings and shopping centers, is also on the rise in the city.
Foreign investment in the real estate sector has been increasing in recent years, with companies from countries such as China and Turkey investing in large-scale projects. However, there are restrictions on foreign ownership of land in Ethiopia, which can limit foreign investment opportunities.
Overall, the real estate market in Ethiopia is expected to continue growing in the coming years, with the government implementing policies to encourage investment and development in the sector.
